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Central Banks

Hitting the target

Target2 presents an opportunity to rationalise and modernise the euro clearing and settlement process. The ECB needs to look beyond RTGS argues Mike Evans.

Interview: Grigori Marchenko

In conversation with Benedict Mander, the chairman of the National Bank of Kazakhstan discusses reserve management policy, the importance of oil, and the difficulties in retaining staff at the central bank.

A BIS embarrassed

Defeat for the BIS by minor shareholders was embarrassing and it has consequences for central banks with private shareholders, reports William Hall.

'The central bank that has missed the point'

The ECB's new monetary policy strategy has not impressed Professor Paul De Grauwe. In an article in the Financial Times he calls the moves an anticlimax with the ECB creating confusion instead of clarity. He suggests the eurozone central bank come up…

RBA Statement on Monetary Policy, May 2003

The Reserve Bank of Australia has released its May 2003 Statement on Monetary Policy. The global economy entered a period of slower growth towards the end of last year, which has continued into 2003. While this has been generally expected to be temporary…

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