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Central Banks

Zhou says room to raise reserve requirement

China still has room to raise the commercial banks' reserve requirement ratio, the Shanghai-based Oriental Morning Post reported Thursday 17 May, citing People's Bank of China governor Zhou Xiaochuan.

ECB's Tumpel-Gugerell on the new SEPA landscape

In the speech 'The new SEPA landscape from vision to reality (and back)' given on 15 May Gertrude Tumpel-Gugerell of the ECB said the future looks bright - and the SEPA landscape has all the potential to become a good place to be.

IMF's Lipsky on debt defaults

In the speech 'Learning from experience: Debt defaults and lessons from a decade of crises' given on 10 May John Lipsky of the IMF said in the current relatively benign global environment, not many emerging market countries have needed to borrow from the…

Kansas Fed papers: Nonbanks in payments system

The Federal Reserve Bank of Kansas City has published preliminary papers from the "Nonbanks in the Payments System: Innovation, Competition, and Risk," conference held May 2-4 in Santa Fe, N.M.

New York Fed's Foreign Exchange Operations Report

According to the Federal Reserve Bank of New York's Treasury and Federal Reserve Foreign Exchange Operations quarterly report for January-March 2007, published 3 May, the U.S. monetary authorities did not intervene in the foreign exchange markets during…

ECB's TARGET Annual Report 2006

According to the European Central Bank's TARGET Annual Report 2006, TARGET continued to be the backbone of the euro money market in 2006.

BCV director says reserves will rebound

Jose Felix Rivas Alvarado, director of the Central Bank of Venezuela (BCV), told the official news agency Friday 11 May that although Venezuela's international reserves fell during the last few months, the fall is attributable to specific factors.

Fukui on the outlook for Japan's economy

In the speech 'The outlook for Japan's economy and the conduct of monetary policy' given on 10 May Toshihiko Fukui of the Bank of Japan said the Bank will continue to explain carefully to the public its assessment of economic activity and prices and its…

Fed's Kroszner on the future of payments

In the speech 'The future of payments: Challenges and opportunities' given on 10 May Randall Kroszner of the Federal Reserve said the rapid switch by consumers and businesses to electronic banking poses a new tradeoff between security and convenience.

NBH minutes show one member wanted rate cut

A single rate-setter on Hungary's 13-member Monetary Council voted in favour of a 25-basis-point rate cut at the MPC's 23 April policy meeting, the minutes published Friday 11 may showed. Changes to the Central bank Act will see a reduction in the number…

Report names likely Fed appointees

US president Bush administration is considering Larry A. Klane as a board member at the Federal Reserve, two people familiar with the matter were quoted as saying by MarketWatch.

FOMC can stick again unless data changes

Without changes in economic data, the Federal Open Market Committee can leave US interest rates alone next month too, and may as well issue the same statement too, says John Berry of Bloomberg in this article published Thursday 10 May.

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