Central Banks
The art of central banking
The Turkish central bank has released a two-volume book introducing Turkish artists and their works that comprise the central bank's art collection.
Richmond Fed names new Senior Vice President
The Federal Reserve Bank of Richmond named Dave Beck senior vice president and branch manager of the Baltimore Office on 14 April.
Paraguay's central bank president 'confirmed'
Dr Monica Perez has been confirmed by Paraguayan President Nicanor Duarte as the first female central bank president. However, she must still be formally approved by the Senate.
Somali premier appoints central bank governor
The prime minister of Somalia, Ali Muhammad Gedi, appointed Bashir Ise Ali as the central bank governor at a cabinet meeting held in Nairobi on 12 April.
CNB's Tuma: Central bankers - a strategic overview
In the speech 'Central bankers - a strategic overview' given on 22 March, Zdenik Tma of the Czech National Bank said the main message we can learn from history is that price stability as the ultimate goal of monetary policy is not in contradiction with…
IMF's Krueger on the challenge of economic policy
In the speech 'Bismarck's warning: The challenge of economic policy reform in the twenty-first century' given on 5 April, Anne Krueger of the IMF said in many respects, the global economic environment is unusually favourable at present. The prospects for…
Rosenberg: Why is Swedish inflation so low?
In the speech 'Why is Swedish inflation so low?' given on 13 April, Irma Rosenberg of the Sveriges Riksbank said that Sweden's current low inflation rate was being driven by supply factors which are favourable to Sweden's economic performance and are…
Fed's Kohn on the economic outlook
In a speech on 'Economic outlook' given on 14 April, Donald Kohn of the Federal Reserve said bond buyers should beware of faster than expected interest rate increases.
ECB's Papademos on the euro and economic growth
In a speech on 'The euro and economic growth' given on 15 April, Lucas Papademos of the ECB said the structural impediments to the euro area's growth must be addressed by implementing appropriate structural measures. There are no alternative solutions…
Bank of Korea to publish rate discussions
The Bank of Korea (BOK) said on Friday 15 April that it intends to put details of what has been discussed at the seven-member Momentary Policy Committee on its website.
Japan's fin min says G7 leaders to discuss oil
Japanese Finance Minister Sadakazu Tanigaki said on Friday 15 April that G7 financial leaders are expected to study measures to curb high oil prices, including ways to change industrial structures of oil-consuming nations.
IMF's Rato criticises EU rules
International Monetary Fund chief Rodrigo Rato attacked reforms of the eurozone's budget rules on Thursday 14 April saying the pact had "served Europe well".
ECB's Papademos sees inflation around 2 pct
European Central Bank vice-president Lucas Papademos said on Friday 15 April that eurozone inflation is expected to fluctuate around 2 pct in the short term, but upside risks remain.
US increases pressure on China to float currency
The Bush administration stepped up its appeals for China to let its currency rise on Thursday 14 April, as pressure mounted in Congress for tougher action on a host of Chinese practices that allegedly fuel the burgeoning US trade deficit.
BNB deputy governor involved in bankruptcy case
Bulgarian central bank deputy governor Emilia Milanova was ordered to pay (BGN) 5, 000 bail or be arrested in an investigation of two commercial bank bankruptcies eight years ago, Bulgarian News Network reported Friday.
Sweden's Bergstrom on inflation
In a speech on 5 April Sveriges Riksbank deputy governor Villy Bergstrom said the key driving forces behind the currently low inflation, i.e. the rapid productivity growth and the low imported inflation, are factors that monetary policy can do very…
Tee on Singapore's perspective on Islamic Finance
In a speech on 'Singapore's perspective on Islamic Finance' given on 16 March, Ong Chong Tee of the Monetary Authority of Singapore's said we believe Islamic finance is a development that will see further growth globally. And as the sector develops, so…
Atlanta Fed's Barron on payment systems
In a speech on 'New remedies for a changing world of payments' given on 21 March, Patrick Barron of the Federal Reserve Bank of Atlanta said it is notable that the number of electronic payment transactions in the United States - for the first time -…
ECB Monthly Bulletin, April 2005
The European Central Bank published its April 2005 Monthly Bulletin on Thursday 14 April, saying there are "no clear signs" that economic growth in the twelve nation euro zone is set to accelerate as record oil prices weigh on business conditions.
Philippines makes Greenspan's job look easy
This article published on Monday 11 April looks at the changeover taking place in July when deputy governor Amando Tetangco replaces Rafael Buenaventura as governor at the Philippine central bank. Tetangco sees his tenure as being about "fusing…