Central Banks
Noyer says 'market model' has lessons for France
The Scandinavian economic model, combining market flexibility with a high degree of social protection, "is full of lessons for countries such as France, Germany and Italy", said Bank of France governor Christian Noyer in an interview.
Garganas says ECB may hike inflation forecast
"The oil price increases in recent weeks imply some upward revision to the main scenario for inflation," said Garganas, who is also the governor of the Bank of Greece, in an interview in Athens with Bloomberg.
Mboweni says SADC can learn from EU
South African Reserve Bank governor Tito Mboweni has said much can be learned from the European Union as the South African Development Community (SADC) attempts to create a single monetary union for the region by 2016.
OECD report calls for eurozone reforms
Economic growth in the eurozone will halve in the next two decades unless it implements reform, the Organisation for Economic Co-Operation and Development warned on Tuesday 12 July.
Irish central bank reports threat to growth
The Irish central bank published its annual report for 2004 on Tuesday 12 July, forecasting growth of 5.5pc for the economy in 2005, about the same as in 2004.
BoE paper: Bank loans versus bond finance
This Bank of England Working Paper published on 11 July develops a model to analyse the optimal choice between bank loans and bond finance for a sovereign debtor.
Federal Reserve Bulletin, Spring 2005
The Federal Reserve's Bulletin for Spring 2005 includes the article 'Background on FOMC meeting minutes' outlines previous changes to the release schedule for the minutes and provides a brief overview of the content of the minutes and the way they are…
Croatian National Bank - Annual Report 2003
The Croatian National Bank has published its Annual Report for the year ended 2003. In 2003, the Croatian economy recorded solid economic growth and low inflation, according to the report.
Statement by IMF's Rodrigo de Rato after G8 summit
Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), issued a statement on Friday 8 July at the conclusion of the Group of Eight (G8) Summit at Gleneagles, Scotland.
Fed's Hoenig says US rate moves to depend on data
Kansas City Fed President Thomas Hoenig said on Friday 8 July that the U.S. Federal Reserve's policy is currently accommodative and how fast official rates move to neutral will depend on incoming economic data.
PBOC chief calls for some forex curbs lifting
China should lift certain foreign exchange controls in the near term to create conditions for the full convertibility of the local currency, Caijing Magazine quoted Zhou Xiaochuan, the central bank governor, as saying.
Fed's Lacker says too early to foresee Fed pause
Richmond Federal Reserve President Jeffrey Lacker said on Monday 11 July it was too soon to say when the U.S. central bank would end its year-long campaign of interest-rate rises and indicated more increases were likely.
Latvia calls for clarity on euro area entry date
The Latvian government wants to know for sure that the European Commission and the European Central Bank will permit the Baltic state to join the euro-area in 2008, provided that Latvia meets all Maastricht criteria, BNS reported.
Bangladesh Bank - Annual Report 2003-2004
The Bangladesh Bank has published its Annual Report for the year ended 2003-2004. The Bangladesh economy maintained the growth momentum in FY04 based partly on continuing improvement in macroeconomic performance, according to the report.
National Bank of Belgium - Annual Report 2004
The National Bank of Belgium has published its Annual Report for the year ended 2004. For the second consecutive year, the economic growth rate in Belgium (estimated at 1.3 p.c. in 2003 and 2.7 p.c. in 2004) was well above the euro area average, the…
IMF's Krueger on Asia and the world economy
In the speech 'Mutual interdependence: Asia and the world economy' given on 30 June Anne Krueger of the International Monetary Fund said the experience of Korea, China and other Asian countries underlines the crucial importance trade plays in fostering…
Philadelphia Fed Business Review, 2nd Quarter 2005
The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Second Quarter 2005. In this quarter's message, President Anthony Santomero shares his views on the U.S. economy and outlines some of the "Lessons learned from the…
Interview with Malaysia's Zeti on Islamic finance
In an interview published this week, Malaysian central bank governor Dr Zeti Akhtar Aziz said there is room for Islamic finance worldwide, as the ultimate goal of Islamic financial services is to enhance wealth creation, and promote sustainable and…
Rodrigo de Rato's condolences to UK
Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), made a statement on Thursday 7 July in Gleneagles, Scotland following the bombings in London.
White House considering Kroszner for Fed job
The White House is considering former Bush administration official Randall Kroszner for a vacant seat on the Federal Reserve's Board, reports said this week.
New Zealand to block Zimbabwe visit
New Zealand will refuse entry visas to Gideon Gono, governor of Zimbabwe's central bank, and members of his staff, who were reportedly planning to visit the country, Prime Minister Helen Clark said this week.