Central Banks
Lenders expect further credit cutbacks: BoE poll
The Bank of England's quarterly survey of credit conditions, published on 3 April, showed that lenders had reduced the supply of secured credit to households over the three months to mid-March.
New members of Bank of Korea's MPC
Lee Myung-bak, the president of South Korea, has appointed three professors as new members of the Bank of Korea's Monetary Policy Committee.
Iceland's Fridriksson dismisses stability concerns
In an effort to reassure investors, Ingimundur Fridriksson, a board member at the Central Bank of Iceland, has denied that the country's banks and economy are unstable.
Auction shows massive demand for ECB cash
The European Central Bank's (ECB) first-ever auction of six-month loans was more than four times oversubscribed, indicating the high level of tension in the region's money markets.
New governor proposed for Bank Indonesia
Boediono, Indonesia's chief economics minister, has been nominated for the top job at the country's central bank.
Nigeria raises rates 50bp, flags further hikes
Nigeria's central bank raised rates to 10% and warned that policy would need to tighten in the future with "huge fiscal injections" expected.
Norges's Gjedrem praises SWFs
Debate on sovereign wealth funds (SWFs) should reflect their potential to benefit international financial markets, said Svein Gjedrem, the governor of the Norges Bank.
Fed's new subprime and alt-A maps
The Federal Reserve System will publish maps updated monthly to illustrate the state of subprime and alt-A mortgage loans across the United States.
Anchoring inflation key - Finland's Liikanen
The anchoring of inflation expectations in line with price stability is of prime importance, said Erkki Liikanen, the governor of the Bank of Finland. Rising commodity prices should not be allowed to generate second round effects on euro area inflation.
Turkish disinflation delayed by global conditions
Rising global uncertainty and rampant food and energy price growth may lead to some delay in reaching the inflation target, the March Monetary Policy Committee Meeting minutes of the Central Bank of Turkey state.
FSF to suggest radical solutions to turmoil
The Financial Stability Forum (FSF) is set to propose a series of unorthodox measures for fighting the credit crunch, say media reports.
Sri Lanka rebuts IMF report
The Central Bank of Sri Lanka has countered claims, made in an International Monetary Fund report, that poor decision-making has contributed to high inflation in the country.
Bank of Japan survey shows confidence on the wane
The Bank of Japan is likely to adopt a more dovish monetary policy stance and revise growth estimates downwards on the back of a poorer-than-expected Tankan survey.
Australia leaves rates at 12-year high
The Reserve Bank of Australia left rates at 7.25% - their highest level since April 2006.
Hungary raises rates by half a point
The National Bank of Hungary hiked rates by 50 basis points on Monday 31 March from 7.5% to 8%.
RBA's Stevens on the future of liquidity provision
It is likely that arrangements for providing liquidity will continue to be discussed, said Glenn Stevens, the governor of the Reserve Bank of Australia.
Kansas City's subprime loan record
Subprime borrowers in the 10th district are having difficulties with payment delinquencies running above the national average, according to a recent report by the Federal Reserve of Kansas City.
"Unscrupulous dealers" attacking Iceland's economy
David Oddsson, the chairman of the board of directors at the Central Bank of Iceland, suspects that "unscrupulous dealers" are trying to bring down the Icelandic financial system by circulating rumours about the country's bank and central government.
ECB in a quandary as inflation rises sharply
The European Union's statistics office said on Monday 31 March that consumer price inflation accelerated to 3.5% this month from 3.2% in February, the biggest rise since June 1992, further exacerbating the European Central Bank's (ECB) monetary policy…
China stands firm on monetary policy
The People's Bank of China said on Monday 31 March, after its first quarter monetary policy committee meeting, that it would maintain its firm attitude to monetary policy, using instruments "in a measured manner".
Panel considers political fallout of SWFs
Expert panel discuss “The politics of sovereign wealth funds” at Central Banking Publications’ first Sovereign Wealth Management conference in London in March 2008
Deutsche Bank dismisses ECB conflict concerns
Deutsche Bank's chief economist sees no serious conflict between the European Central Bank's price stability objectives and its lender-of-last-resort function.
Pakistan's corporate governance agenda
The governor of the State Bank of Pakistan has outlined an agenda of outstanding corporate governance reforms for the country's banks.
Kansas Fed finds changing inflation dynamics
This research by the Kansas Federal Reserve finds that the dynamics of inflation and long-term inflation expectations have changed over the last two decades.