News
Quiz on the Nobel Prize for Economics
Test your knowledge of the Nobel Prize for Economics with this five question quiz. Q1. How many women have won the Nobel Prize for Economics since 1969?
IMF chief congratulates Ingves
Rodrigo de Rato, the Managing Director of the International Monetary Fund, congratulated Stefan Ingves on Tuesday 11 October, currently Director of the IMF's Monetary and Financial Systems Department (MFD), for his appointment as Governor of Sveriges…
Riksbank's Bergstrom decides to step down
Sveriges Riksbank deputy governor Villy Bergstrom announced on Tuesday 11 October his decision to step down, saying his time at the Bank has been the best of his working life.
Riksbank Council on Bergstrom's decision
The Riksbank's General Council thanked Villy Bergstrom for his work at the Riksbank, saying he has played an important part to explain and anchor the Riksbank's role and position in society.
Greenspan's driving ambition
Alan Greenspan's wife revealed this week that the Federal Reserve chairman hasn't driven a car for 18 years.
Central banker named Cricket World Cup director
The West Indies Cricket Board has appointed four new directors to its wholly-owned subsidiary ICC Cricket World Cup West Indies 2007.
Feldstein for the Fed?
While Harvard University economist Martin Feldstein may have the best credentials to succeed Alan Greenspan as Federal Reserve chairman, this article published on Tuesday 11 October notes that he may also have the biggest liabilities.
Somalia's sacked central banker wants job back
Somalia's sacked central bank governor, Dr Mohamud Mohamed Ulusow, has called for international pressure to be put on the transitional government to give him back his job.
New Fed chief could be named in November
With the White House set to choose a successor to Federal Reserve Chairman Alan Greenspan soon, analysts have pencilled in November to mid-December as a likely time window for an announcement.
Interview with Nobel Prize winner Thomas Schelling
Prof. Thomas Schelling of the University of Maryland was recently awarded the 2005 Nobel Prize in Economics, along with Robert J. Aumann. Schelling was interviewed in the Spring 2005 issue of the Richmond Fed's Region Focus magazine. In the interview, he…
Bank of Israel's Stanley Fischer visits Riksbank
On Monday 17 October, the governor of the Bank of Israel, Stanley Fischer, will visit the Riksbank. Mr Fischer has previously held the position of First Deputy Managing Director of the International Monetary Fund, IMF.
Hoenig says Fed will do what it takes on inflation
Federal Reserve Bank of Kansas City President Thomas Hoenig said on Thursday 13 October that rising prices had placed the U.S. central bank on alert but it would take the necessary steps to keep inflation at bay.
Rato to attend GCC meeting in Jeddah
International Monetary Fund Managing Director Rodrigo de Rato will attend a meeting of the finance ministers and central bank governors from the six-nation Gulf Cooperation Council in Jeddah on 18 October.
Tanigaki sees oil 'biggest' worry for world econ
Surging oil prices are the biggest worry for the world economy and the Group of 20 rich and developing countries is set to discuss the issue, Japanese Finance Minister Sadakazu Tanigaki said on Friday 14 October.
BOJ's Fukui: Important to strengthen economic base
Bank of Japan Governor Toshihiko Fukui said on Friday 14 October that it is important to boost Japan's economic strength further to beat deflation and achieve sustained economic growth.
IMF's Rato announces travel plans
IMF Managing Director Rodrigo de Rato announced his intention to travel to China, Pakistan, Saudi Arabia and Belgium from 14-20 October.
Joint Eurosystem - Bank of Russia seminar
The Eurosystem - the European Central Bank and the national central banks of the euro area - and the Bank of Russia are holding their second joint seminar, which takes place from 12 to 14 October in Saint Petersburg.
Russian central banking project near completion
A two-year training project in the area of banking supervision in Russia, financed by the European Union, is coming to an end, the European Central Bank announced on Thursday 13 October.
Ireland's Hurley warns on productivity decline
John Hurley, governor, Central Bank and Financial Services Authority of Ireland, said in a speech on Thursday 13 October that European governments must hasten reforms in order to reverse a fall in productivity growth.
ECB's Garganas sees no need for rate rise
The European Central Bank sees no need to raise eurozone interest rates if area-wide inflation slows to less than 2.0 percent next year, governing council member and Greek central bank chief Nicholas Garganas said in a newspaper interview.
China's fin min cautions on yuan moves
Chinese Finance Minister Jin Renqing on Thursday 13 October rejected demands by the US for faster currency reform, saying China will liberalize the exchange rate in its own time and in line with its own interests.
Bank of England rate split 'behind us now'
Bank of England Monetary Policy Committee members Paul Tucker and David Walton differed over the outlook for inflation in testimony to lawmakers on Thursday 13 October.
Fed minutes suggest more rate rises
Minutes from the Federal Reserve's 20 September meeting were published on Tuesday 11 October. FOMC members believed more interest-rate increases would be needed to keep inflation down when they raised interest rates at their last meeting, the minutes…
Greenspan says flexibility crucial to economy
The ability of the US to weather a surge in energy prices is the latest example of how economic flexibility helps prevent serious recessions, Federal Reserve Chairman Alan Greenspan said on Wednesday 12 October.