Central Banks
Irish central bank will ‘change structurally’ before SSM
Cyril Roux says the Central Bank of Ireland will make organisational changes in the coming months as it looks to accommodate the Single Supervisory Mechanism
Macro-prudential research builds ‘analytical foundation’ for EU policy
A European System of Central Bank’s research network reports on four years of work; Vitor Constâncio says policy-makers will still need ‘trial-and-error approaches’
Marek Belka seems secure as Poland’s political crisis shifts focus
Crisis precipitated by central bank governor’s secretly recorded comments threatened to bring down the government, but may now blow over
IMF's Singh discusses ‘financial plumbing' issues as central banks leave ZLB
IMF's Manmohan Singh investigates issues around bank balance sheet regulations which may impact monetary policy options as central banks leave the zero lower bound
People: Czech comms head moves to general secretariat; RBNZ board names new member
Czech National Bank appoints Marek Petruš to head general secretariat; Tania Simpson named as RBNZ director; New Zealand SWF gets new CIO; Bank of Russia Moscow head on the move
Hungarian economists take on ‘delayed overshoot' puzzle
Central Bank of Hungary economists examine the effect of carry trade activity on exchange rate dynamics, finding it does not explain delayed overshoot
Riksbank calls on Mervyn King for monetary policy review
Former BoE governor will head up a review, with Marvin Goodfriend, of Sweden's increasingly controversial monetary policy
Reserve managers to ‘reconnect’ with their central bank, says Bill Allen
Former BoE official says central bankers will become ‘more conscious’ of the relationship between reserve management activities and financial stability issues in Central Banking On Air debate
BoJ deputy says Abe's third arrow must hit target
Hiroshi Nakaso outlines the importance of supply-side reforms in generating stable inflation, robust growth, healthy job creation and reasonable wage hikes
Norges Bank says rates could stay low for longer
Norway's central bank held rates steady today and now projects it to stay lower for longer; banks may be required to build up bigger counter-cyclical buffers
Central Bank of Colombia goes for more detailed minutes
New minutes include more detail about board members' policy views that ‘on occasion may reveal the institution's future policy inclination', according to central bank
IMF says ECB should 'consider' buying eurozone government debt
International Monetary Fund encourages European Central Bank to launch large-scale asset purchase programme if inflation ‘remains stubbornly low’
Fed tapers another $10 billion as US growth rebounds
Starting in July, bank will buy $35 billion of extra assets each month; taper finished by year's end at current pace
Swiss National Bank mulls negative rates to follow ECB
Swiss National Bank governor says ‘closely monitoring' the effect of the ECB's move to negative rates; new measures may be needed to cool housing market
Bulgarian deputy governor takes leave from bank to fight misconduct prosecution
Bulgarian deputy for banking supervision fights allegations of turning a blind eye to a privately-owned bank exceeding lending limits to sister companies
IMF paper makes case for new policy rate in Kazakhstan
Economists say the National Bank of Kazakhstan should be equipped with a new policy rate to give it more direct influence over short-term interest rates
Ukraine parliament appoints new central bank governor
Ukraine central bank governor Stepan Kubiv replaced with investment banker Valeria Gontareva after parliament approves presidential bill
Bank of England MPC minutes reveal surprise over dovish market expectations
BoE minutes show MPC members expected markets to price in earlier rate hike despite bank's vow to keep them low for extended period of time
Haldane says MPC faces ‘corridor of uncertainty'
Bank of England chief economist turns to cricketing metaphors to explain the dilemma faced by the monetary policy committee at this delicate moment for the UK recovery
BoE's newest MPC member defends limited experience of ‘core' issues
Kristin Forbes says her knowledge of international capital flows brings ‘direct expertise to the UK'; describes herself as someone willing to break ranks
Basel committee revisits 2002 guidance on 'weak banks'
Update to BCBS guidelines is the first since long before the financial crisis; Ingves says ‘early identification and intervention by supervisors is critical'
Ukraine president moves to replace central bank chief
Newly elected president of Ukraine puts bill before parliament to replace central bank governor Stepan Kubiv with investment banker Valeria Gontareva