Economics
Global economy to shrink by 0.5-1%: IMF
The International Monetary Fund (IMF) has again lowered its growth estimates, saying that it now sees a contraction of 0.5% to 1% in global activity.
Japanese outlook grim
Economic conditions have deteriorated significantly and are likely to continue doing so for the time being, notes the Bank of Japan in its latest Monthly Report on economic and financial developments.
RBA on why it kept policy rate unchanged
The Reserve Bank of Australia decided to "pause for a further evaluation" of the economic situation and so leave the cash rate unchanged at 3.25%, according to minutes of the March meeting.
A new monetary policy for the Fed
Jane D'Arista, an economist, has proposed a new countercyclical method of monetary control to enhance the Federal Reserve's ability to respond to credit contractions and expansions, in a new paper published by the University of Massachusetts Amherst.
Fiji's Narube on productivity
Fiji's rate of productivity is extremely disappointing, said Savenaca Narube, the governor of the Reserve Bank of Fiji.
Estonia to be among first to recover: deputy
The risks to the Estonian economy have receded substantially and it may be one of the first country's to recover from the financial crisis, a deputy governor at the country's central bank has said.
ECB Monthly Bulletin: March 09
The outlook for euro-area demand remains gloomy, says the latest Monthly Bulletin from the European Central Bank.
Central Bank of Belize - Annual Report 2007
In 2007, Belize experienced an economic downturn with GDP growth falling from 5.3% to 1.6%, notes the latest Annual Report from the country's central bank.
Sacking preferable to lower pay for firms
Firms prefer to sack workers rather than cut their pay, a new paper from the National Bank of Belgium reveals.
House price spillovers low in eurozone
Spillovers between countries from shocks to house prices across eurozone are of a relatively low magnitude, a new paper from the European Central Bank finds.
Japanese companies with strong ties lose out
Japanese firms with strong bank ties are less profitable, finds a new paper from the Bank for International Settlements.
National Bank of Kazakhstan - Annual Report 2007
In 2007, the National Bank of Kazakhstan gave priority to financial rather than price stability, says the central bank in its latest Annual Report.
Crisis impacting low-income countries: DSK
Third wave of the crisis is hitting low-income countries, said Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF).
Fed's Beige Book: economy deteriorating
The latest edition of the Federal Reserve's Beige Book, a guide to business conditions in the 12 districts overseen by the regional Feds, indicates that economic activity deteriorated further in January and February.
Central Bank of Bahamas - Annual Report 2007
In 2007, Bahamas's economy saw a slowdown in credit expansion and construction activity, notes the latest Annual Report from the country's central bank.
Greece appoints new deputy governor
Ioannis Papadakis was sworn in as deputy governor of the Bank of Greece on Tuesday.
Finance must attract top talent: Zambia's Fundanga
Caleb Fundanga, the governor of the Bank of Zambia, has said the country must encourage its brightest prospects to pursue a career in finance in light of the economic challenges that the country is likely to face.
Central Bank of Sudan - Annual Report 2007
The Sudanese economy expanded rapidly in 2007 but was hampered by high inflation, the country's central bank said in its Annual Report.
Morgan Stanley's Roach on central bank independence
The chairman of Morgan Stanley Asia, a bank, argues that central banks have not made the most of their new-found independence
BIS Quarterly Review, March 2009
The Bank for International Settlements (BIS) published its latest Quarterly Review on Monday.
New Zealand will suffer, says Bollard
New Zealand's economy has its strengths but it will not escape unscathed from the global crisis, Alan Bollard, the governor of the Reserve Bank of New Zealand, has warned.
Iceland's Oddsson out, Norwegian consultant in
David Oddsson, the beleaguered head of the Central Bank of Iceland, was forced to step down on Friday following the passing of a new central bank act. Svein Harald Oygard, a director at McKinsey, a consultancy, will replace him as interim governor.
SNB's Roth to step down
Jean-Pierre Roth, the head of the Swiss National Bank, will retire at the end of this year.
Central Bank of Iran - Annual Report 2006/07
In the 2006/07 financial year, inflation increased above the target set in Iran's five-year development plan in part due to the central bank's lack of independence, it notes in its latest Annual Report.