News
Costello hopes to harness Macfarlane talents
Treasurer Peter Costello has said he hopes outgoing Reserve Bank of Australia governor Ian Macfarlane will consider working with the government after he retires.
US monetary policy
The course of U.S. monetary policy is "appropriate" and the country's rate of economic growth should slow in the second half of the year, International Monetary Fund Managing Director Rodrigo Rato said in Madrid.
Book planned on history of the Riksbank
The Executive Board of Sweden's Riksbank has decided to produce a book on the history of the Riksbank, aimed at those interested in society and history. The book is expected to be ready at the end of 2008.
ECB keeping rate options open says Quaden
The European Central Bank is not ruling out the possibility of an interest rate hike in early August, ECB governing council member Guy Quaden was quoted as saying in an interview published Monday 26 June.
PBOC's Zhou sees 10% economic growth
China's economy will expand at least 10 pct in the second quarter and in full year 2006, despite measures designed to cool the economy, the Wall Street Journal cited People's Bank of China Governor Zhou Xiaochuan as saying.
BIS Board of Directors elects three new members
The Board of Directors of the BIS announced Monday 26 June the election of three additional central bank Governors as members of the Board of Directors of the BIS.
Donald Kohn appointed Chairman of the CGFS
At their meeting in Basel this weekend, the Governors of the central banks of the Group of Ten (G10) countries appointed Donald L Kohn as Chairman of the Committee on the Global Financial System (CGFS).
David Walton
This Obituary, published Friday 23 June, says that David Walton was a tough-minded economist who capped a brilliant City career with a seat on the Bank of England's Monetary Policy Committee.
Bernanke tops Greenspan as market mover
This article from CNN Money, published Thursday 22 June, reports that a new study reveals that new Fed chief Ben Bernanke has provoked more movement than his predecessor, accounting for 27 basis points of variation in two-year yields.
China can convert part of FX to gold - report
Two central bank officials suggested China can convert part of its foreign exchange reserves to gold holdings to head off risks from the depreciation of the US dollar, China's state media reported.
Study says markets on Fed's wavelength
According to a recent study by the Federal Reserve Bank of Cleveland, better communication by the U.S. central bank has dramatically cut mistakes by markets betting on future interest rate moves.
Dallas Fed study says Mexico financially sound
A study by the Federal Reserve Bank of Dallas has found that Mexico is in sound financial shape and should maintain economic stability through its upcoming presidential election.
Buba's Weber says ECB 'very accommodative'
Bundesbank president Axel Weber said on Friday 23 June that the European Central Bank's monetary policy remains very accommodative despite the June 8 interest rate increase.
PBOC adviser wants more monetary tightening
China should adopt more monetary tightening policies and may allow more yuan appreciation, People's Bank of China adviser Yu Yongding said.
Toothless Fed
According to this article from CNN Money, published Thursday 22 June, the Federal Reserve's ability to control the host of things that are driving inflation higher is rather limited.
Atlanta Fed's Guynn set to retire
Jack Guynn, president of the Federal Reserve Bank of Atlanta, announced Thursday 22 June that he plans to retire effective from 1 Oct 2006.
Bank of England's Walton dies unexpectedly
David Walton, a member of the Bank of England's Monetary Policy Committee, died unexpectedly on Wednesday night after a short illness, the Bank said in a statement released on Thursday 22 June. Mr Walton was 43.
Mark Olson resigns from Fed
Mark W. Olson submitted his resignation Wednesday 21 June as a member of the Board of Governors of the Federal Reserve System, effective June 30, 2006.
BOJ's Nishimura sees low rates problem
Keeping Japan's interest rates at low levels for a prolonged period may cause excessive investment by companies and overstimulate economic growth, according to Kiyohiko Nishimura, a Bank of Japan policy maker.
Koizumi urges BOJ to improve transparency
Japanese prime minister Junichiro Koizumi called on the Bank of Japan to improve its transparency on Thursday 22 June, following governor Toshihiko Fukui's investment with the Murakami fund, Finance Minister Sadakazu Tanigaki said.
Liikanen says euro area inflation risks on upside
Inflation risks in the eurozone are on the upside, European Central Bank Governing Council member Erkki Liikanen was quoted as saying by Finnish daily Demari in an interview published on Thursday 22 June.
BOJ members closely watching stock prices
Minutes of the Bank of Japan's recent policy board meeting released Tuesday 20 June said members need to closely watch the impact of a global decline in stock prices on the world's second-largest economy.
Bank of England voted 7-1 to hold rates
Bank of England policymakers voted 7-1 to leave UK interest rates unchanged at their 7-8 June meeting, minutes released Wednesday 21 June showed.
Ten million reasons BOJ's Fukui must resign
According to this article published by Bloomberg on Wednesday 21 June, Bank of Japan governor Toshihiko Fukui should stop apologising, clarifying and sidestepping, and just resign.