Central Banks
ECB to add €150 billion as market rates creep up
The European Central Bank (ECB) is to conduct four extra open market operations in a bid to relieve interbank tensions.
Fed's Mishkin makes his point on inflation
In one of his strongest advocacies of inflation targeting since joining the Federal Reserve in 2006, Frederic Mishkin argued that countries should adopt a specific point objective for price stability rather than having a target range.
Decade-high inflation will not impact BoJ policy
The Bank of Japan remains more likely to cut than hike rates this year despite inflation climbing to its highest level since the 1990s in February, according to analysts.
Fed's Stern ponders on asset-price stance
Gary Stern, the president of the Minneapolis Federal Reserve, has acknowledged that the central bank may need to review its policy of non-interference with asset prices in the wake of the recent turmoil.
France's Noyer: we will beat inflation
"Is inflation set for a comeback?" asked Christian Noyer, the governor of the Banque de France, in a speech in Paris. It might look that way, but central banks can still save the day was his answer.
Riksbank paper on governance
A new working paper from Sweden's central bank provides an exhaustive study of governance arrangements across central banks.
RBA Financial Stability Review
The Australian financial system has coped better with the recent strains than have those of many other countries, notes the latest Financial Stability Report from the Reserve Bank of Australia.
Ethiopia makes arrests over fake gold scandal
Ethiopian anti-corruption officials arrested 26 people in connection with the discovery of 90 kilos of fake gold in the central bank's vaults.
SWF rules unnecessary: OECD chief
Angel Gurria, the secretary general of the OECD, has called on regulators to resist from unduly hampering sovereign investments.
South African inflation rockets to 9.4%
Soaring food and transport costs prompted South Africa's inflation rate to leap by more than half a percentage point in February.
Polish rate-setter hints at further hikes
A member of the National Bank of Poland's rate-setting board said he expected rates to surpass 6% following the decision to raise rates on Wednesday 26 March.
Qatar confirms SWF partnership with Abu Dhabi
A senior official at Qatar's sovereign wealth fund has said that it will make a series of joint investments with one of Abu Dhabi's four state-run investment vehicles.
Romania raises rates to 9.5%
The National Bank of Romania hiked rates by half a percentage point for the third straight month as inflation hit 8%.
The euro and Latin America
Lorenzo Bini Smaghi, a member of the executive board of the European Central Bank, offered five lessons that can be learned from economic and monetary union in a recent speech in Brazil.
Financial markets in Japan
This new report from the Bank of Japan looks at how financial markets in the country coped with the market turmoil triggered by the subprime woes in the second half of 2007.
Czech challenges in monetary policy
A new paper published by the International Monetary Fund concludes that Czech National Bank will have to raise rates if the proposed reduction of the inflation target in 2010 is not fully incorporated into public-sector behaviour and inflation is above…
Iceland makes emergency hike as krona plummets
The Central Bank of Iceland raised rates by a massive 125 basis points to 15% on Tuesday 25 March, little over a fortnight before its next scheduled rate-setting meeting.
Costs rise for dollar loans despite $50bn auction
The Federal Reserve's latest Term Auction Facility operation failed to quell rising interbank tensions as money-market rates for one-month dollar loans climbed on Tuesday 25 March.
Israeli rates hit record low with half-point cut
The Bank of Israel cut its base rate to a new low of 3.25% on Monday 24 March.
Research deputy to replace Poole at St Louis Fed
James Bullard, the deputy director of research for monetary analysis at the St Louis Federal Reserve, will replace William Poole as the president of the central bank.
Mauritian key rate down to 8.5%
The Bank of Mauritius chopped half a point off its benchmark repo rate on Monday 24 March.
Monetary policy decisions: inputs and outcomes
A new paper from the Bank for International Settlements compares the practices of research and briefing prior to monetary policy decisions at several central banks, and looks at how decisions are presented and explained to markets and the public.
Bank's extra cash to stay in system until April
The Bank of England said on Thursday 20 March that it would carry over the emergency £5 billion ($10 billion) injection made on Monday until just before its next rate-setting meeting.
Pension plans could limit Greek independence: ECB
The European Central Bank (ECB) has spoken out against the plans to reform Greece's pension system, which sparked a strike at the country's central bank earlier this month.