News
Transparency will reboot bond markets: González-Páramo
José Manuel González-Páramo, an ECB executive board member says openness is key to improving primary issuance
Nigeria imposes limit on bank chiefs’ terms
Nigerian central bank says bank heads will have a maximum of ten years at the top, law to be backdated to 2000
Fed’s Dudley shoots down “audit” bill
William Dudley, president of the New York Fed, dismisses calls for greater scrutiny as threat to independence in policymaking
IMF upgrades Sri Lanka up to emerging market
Fund no longer considers Sri Lanka one of the poorest countries in the world, says central bank
Swiss profits soar to $10 billion
Gold gains will see the Swiss National Bank book CHF10 billion in profits for 2009
Fed retort: nothing to hide on AIG
Ben Bernanke, chairman of the Federal Reserve, invites the government to audit the central bank’s dealings with AIG; NY Fed submits 250,000 pages of evidence to Congress
Merger has begun confirms Irish CB
Ireland’s central bank says preparations for full integration with regulator have started as proposed legislation gathers steam
Norway’s SWF looks to emerging markets
Government Pension Fund-Global, the Norges Bank-run oil fund, thrived in the crisis as a result of its equity-laden and highly diversified portfolio, says government investment chief
ECB plans regulatory training for EU candidates
ECB says it will partner the European Commission and international organisations to strengthen supervision in countries seeking entry to the EU
Suicide attack rocks Afghan central bank
Governor says central bank will not be cowed and is working to return to business as usual
King: G20 should head IMF
Mervyn King, the governor of the Bank of England, says G20 leadership could lend the IMF the legitimacy it needs to curb economic imbalances
Canada holds rates steady
The Bank of Canada keeps its key rate unchanged and cuts back its money market operations on the strength of the economy’s recovery
Record inflation growth in the UK
CPI rises by highest-ever monthly margin, QE extension looks less likely
ECB winds up euro-franc swap line
The European Central Bank says it will let seven day euro-franc swap line expire at the end of January in a further sign that it is withdrawing extraordinary support measures
Brazil broadens settlement universe
The Brazilian central bank grants brokers and dealers direct access to its Selic settlement system
Timing is everything: RBI’s Subbarao on exit
RBI governor Duvvuri Subbarao stresses the need to support recovery while addressing soaring inflation a week ahead of next policy meeting
Shirakawa pledges to keep policy loose
Japanese governor Masaaki Shirakawa reiterates the central bank’s commitment to tackle deflation as figures show more people expect prices to fall over 2010
Bernanke appeals to keep Fed’s oversight powers
Federal Reserve chairman makes the case for the central bank to retain banking supervision in letter to lawmakers; Volcker supports systemic role
Denmark surprises with second cut in a week
National Bank of Denmark cuts key rate by a further ten basis points on Thursday in a bid to hold back krone
Kan revives worries over BoJ-government conflict
The appointment of Naoto Kan as finance minister last week has added to the tension between government and central bank
Brazil names new head of foreign affairs
Central Bank of Brazil appoints Carlos Araujo to lead international affairs as current head Maria Celina Arraes returns to UN post
Greece must help itself: Trichet
Jean-Claude Trichet, the ECB’s president, says the debt-ravaged country must act firmly to save itself and cannot expect special treatment
RBA chalks up half century
Australia's central bank turns fifty
Slovakia ex-chief made OECD ambassador
Ivan Šramko, the ex-governor of the National Bank of Slovakia, named ambassador to OECD days after leaving central bank