Central Banks
IMF paper on debt in emerging market crises
The IMF Working Paper "The level and composition of public sector debt in emerging market crises" examines the evolution of public sector debt levels and structures in 12 emerging market countries around the time of financial crises.
BIS' Knight to join Nobel Laureate Meetings
The General Manager of the Bank for International Settlement in Basel, Dr. Malcolm Knight, is to become a new member of the Honorary Senate of the Foundation of Nobel Laureate Meetings in Lindau, Germany, the Council for the Lindau Nobel Laureate…
RBA's Macfarlane facing final hearing
The Australian House of representatives economics committee will hold a public hearing on Friday 18 August with the Reserve Bank governor, Ian Macfarlane.
ECB paper on the European corporate bond market
The ECB Occasional Paper "Implications for liquidity from innovation and transparency in the European corporate bond market" offers a new framework for the assessment of financial market liquidity and identifies two types: search liquidity and systemic…
SNB's Roth sees continued rate hikes
Swiss National Bank president Jean-Pierre Roth said in an interview with Swiss Sunday paper NZZ am Sonntag that the SNB will continue its policy of gradual interest rate hikes.
RBZ's Gono given increased protection
Reserve Bank of Zimbabwe governor Gideon Gono has been given increased security following a recent arson attack on his property, the Zimbabwe Standard reported.
BOJ steps in after Tokyo blackout
The Bank of Japan began supplying emergency funds Monday 14 August to the interbank market after a blackout halted fund settlements.
Fan Gang to join PBOC committee
China's Cabinet said Friday 11 August it had appointed economist Fan Gang to the People's Bank of China's monetary policy committee, an advisory body to the central bank.
Fed probably will skip rate increase next month
According to this article published Wednesday 9 August, by John Berry of Bloomberg, the best guess is probably that there won't be a rate increase in the US next month.
Communications breakthrough reaps reward for Fed
According to this article from the Financial Times, published Wednesday 9 August, Ben Bernanke will probably be pleased with the muted market reaction that followed the FOMC's latest interest rate decision.
Richmond's Lacker first to dissent under Bernanke
This article published Tuesday 8 August by Bloomberg notes that Federal Reserve Bank of Richmond president Jeffrey Lacker disagreed with the Fed's decision to forgo an interest-rate increase.
China to use ex rate for economic structure
The People's Bank of China said in its monetary policy report released Wednesday 9 August that it will use the exchange rate to adjust the nation's economic structure.
SARB's Guma reappointed deputy governor
South African President Thabo Mbeki has reappointed Xolile Guma to serve as deputy governor of the central bank for another five years, the South African Reserve Bank (SARB) said on Monday 7 August.
Thailand to keep rates steady
The Bank of Thailand will probably keep its benchmark interest rate on hold for the rest of the year after borrowing costs quadrupled since August 2004, the central bank governor told Bloomberg in an interview on Monday 7 August.
Albania's Fullani: Prevention rather than recovery
In the speech 'Prevent rather than recover' given on 24 July Ardian Fullani of the Bank of Albania said the concept of providing financial stability does not differ a lot from the logic of maintaining macroeconomic stability.
Managing China's forex reserves
This article from The Star Online, published Friday 4 August, looks at the appropriate level for China's increasing foreign exchange reserves which will soon hit the US$1 trillion mark.
Central banker has big boots to fill
According to this article, published Saturday 5 August by The Age, the man who will replace Ian Macfarlane at the Reserve Bank of Australia will have a tough time.
ECB's Liebscher says ECB may raise rates higher
European Central Bank council member Klaus Liebscher was quoted on Monday 7 August as saying in an interview that the eurozone central bank is ready to raise interest rates further.
ECB's Bini Smaghi sees further policy tightening
European Central Bank executive committee member Lorenzo Bini Smaghi said in an interview published Sunday 6 August that he sees further increases in euro zone interest rates in the next months.
Zimbabwe's Gono facing intimidation
A fire has swept through maize crops at a farm belonging to Zimbabwe's central bank chief Gideon Gono, with suspicion it was arson.
RBA Statement on Monetary Policy, August 2006
The Reserve Bank of Australia published its August 2006 Statement on Monetary Policy on 4 August. The RBA raised its inflation forecasts but said the risks to the outlook were balanced.
ECB announces changes in senior management
The Executive Board of the European Central Bank (ECB) announced Thursday 3 August it has decided on some changes in the senior management.