Central Banks
Policy coordination and future IMF surveillance
Alexander Swoboda analyses past attempts at international policy coordination, and asks what role a newly mandated IMF should play in unwinding global imbalances
More transparency may harm bond markets
More transparency in European bond markets may mean less liquidity according to a recent report
Kuroda's crusade for the ACU
What's behind the Asian development Bank's push for a single currency in Asia? Anthony Rowley reports
Questions Governor Fukui still needs to answer
Unanswered questions arising from the Murakami affair still threaten the Bank of Japan's credibility, writes Hisashi Harui
The new dilemma facing central banks
Central bankers have been praised for low inflation but how much credit do they deserve? As the global economy takes a turn for the worse, we will soon find out says John Nugee
Time for a monetary policy rethink
A succession of asset bubbles show the folly of too strict a focus on inflation. Central bankers should be more flexible, says Stephen Roach
Bank beds in its new money market
Paul Brione spoke with Paul Tucker on the completion of a major project at the bank of England
Canada cancels plan for C$200 banknote
The Bank of Canada has withdrawn a proposal to print a C$200 bill after a survey concluded that there is a significant current of opposition from retailers to its introduction.
Colombia raises rates to 21-month high
Colombia's central bank raised its key intervention rate on Friday to 6.75% from 6.5%. The move was expected by market observers as inflationary pressures have been building through high consumer spending, rapid growth in imports and a sharp increase in…
Bank of Japan's new executive director
Japan's finance minister, Sadakazu Tanigaki, today appointed Kiyoto Ido, a former director-general of the finance ministry's international bureau, as one of six executive directors of the Bank of Japan.
MacFarlane explains recent rate rise
In his final testimony to lawmakers before retiring as governor of Australia's central bank, Ian MacFarlane explains recent rate rise.
SNB's Blattner to retire in the spring of 2007
The vice-chairman of the Swiss National Bank's Governing Board, Niklaus Blattner, will retire at the end of April 2007, the SNB said on Friday 18 August, adding that a replacement would be proposed within months.
China raises rates by 0.27%
The People's Bank of China on Friday 18 August announced increases of 0.27 percent for key lending and deposit rates in an attempt to slow investment and prevent the economy from overheating.
Fukui says 'more time' needed to hike rates
Bank of Japan governor Toshihiko Fukui told the Kyodo News Agency in an interview that the central bank needs "a little more time" to lift interest rates after it ended its zero-rate policy last month.
Sweden's Srejber on monetary union
In the speech 'Frameworks and stabilisation policy in a monetary union' given on 17 August Eva Srejber of the Sveriges Riksbank said when discussing whether or not to join or form a monetary union, concerns are usually expressed that the countries in the…
Report sees slower gold sales
With European central banks unlikely to opt to sell the maximum allowable 500 metric tons of gold in their annual quota, gold prices should benefit from the reduced physical supply, according to a report by London-based consultancy Virtual Metals Ltd.
SPEED: the new journal for financial plumbers
SPEED - short for Settlement, Payment, E-money and E-trading Development - is a new journal aimed at all those policy-makers in banks, central banks and system operators who are trying to ensure that the financial infrastructure, often called the …
Venezuela monetary reform pondered
A likely monetary reform in Venezuela is subject to a decision by the Central Bank of Venezuela (BCV), said the National Assembly Finance Committee president Rodrigo Cabezas.
Securities Settlement Service may cut costs
Costs for securities settlement services could fall as much as 20% if the European Central Bank sets up a single platform in the eurozone, a person familiar with the deliberations told Dow Jones Newswires Thursday 17 August.
Bank of England drafts first 'Dear Gordon' note
This recent article from Bloomberg presents a fictional letter to UK chancellor Gordon Brown written by Mervyn King in the future explaining why the Bank of England exceeded its inflation target by more than 1 percent.
Minutes show Blanchflower dissented on rate rise
The Bank of England's interest rate setting Monetary Policy Committee voted six-to-one to raise its key repo rate by a quarter point to 4.75 pct at its meeting on 3 August, minutes released Wednesday 16 August showed.
BoJ members called for cautious stance - minutes
Minutes released Wednesday 16 August showed some members of the Bank of Japan's policy board called for a cautious policy stance at their last meeting to avoid leading markets to think the central bank's rushing to raise interest rates.
SBV strengthens communications, security
The State Bank of Vietnam (SBV) has selected advanced technologies from Cisco Systems to help increase operational efficiencies in its countrywide infrastructure and provide a platform to regulate the banking system.