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Central Banks

BoE's King on the MPC ten years on

In the speech 'The MPC ten years on' given on 2 May Mervyn King of the Bank of England said since its inception the MPC has kept inflation expectations well anchored and is determined to keep doing so.

NY Fed issues hedge fund warning

In what Reuters describes as its "sternest warning to date" on the state of the hedge-fund business, the Federal Reserve Bank of New York said Wednesday 2 May that the funds could represent the biggest risk for a financial crisis since 1998.

Iceland's Oddsson on the commercial banks

In the speech 'The commercial banks are more resilient' given on 25 April David Oddsson of the Central Bank of Iceland said the crucial factor behind the central bank's assessment that the financial system is now more resilient to shocks is the banks'…

Talking numbers

Central banks can and should write a management commentary to accompany their accounts, says Robin Darbyshire

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