News
Uncertainty clouds Italian gold tax
Silvio Berlusconi says gold levy criticised by ECB could be changed but Italian daily reports government plans to pass the tax in its current form
NY Fed’s Dudley says too premature to set exit date
New York Federal Reserve’s Bill Dudley says risks tilted toward weak growth and not high inflation
Heavyweight group dismisses mark-to-market fears
Group including Lucas Papademos and Jerry Corrigan clears accounting rules of role in crash
Fed bottom in government popularity poll
Gallup survey shows more than a fifth of Americans think that the Federal Reserve is doing a poor job as Bernanke steps up public relations efforts
Stevens’s crisis downgrade sends Aussie soaring
Markets jump on Reserve Bank of Australia governor’s upbeat outlook for economy
State-owned British banks to get a new boss
John Kingman steps down from the helm of UK Financial Investments on news that former Bank of England director will chair body
Fed to take early snapshot of consumer conditions
Federal Reserve launches investigation into how households are faring with de-leveraging
Hungary surprises with full-point cut
National Bank of Hungary slashes borrowing costs amidst continuing economic slowdown
People’s Bank to “guide” lending
Chinese central bank's nuanced policy reflects desire for growth coupled with stability
New BI deputy calls on banks to play their part
Darmin Nasution, the new senior deputy governor at Bank Indonesia, hints strongly that banks should reduce interest rates to reflect central bank rate cuts
Thai central bank lowers forecasts
Gloomier outlook for GDP and inflation as Bank of Thailand keeps rates on hold
Bank of Canada sees end to recession
Central bank brings forecast forward with positive third quarter predicted
Bankers warn against financial protectionism
IIF sees risk as a result of national governments’ efforts to restore confidence
US regulators stake their claim
Barack Obama’s plans give too much to the Federal Reserve say Federal Deposit Insurance Corporation (FDIC) and Securities and Exchange Commission (SEC) chiefs
Basel-based CPSS broadens membership
Central banks of Australia, Brazil, China, India, Mexico, Russia, Saudi Arabia, South Africa and South Korea to join the Committee on Payment and Settlement Systems (CPSS)
Tripartite governors first meeting
Governors of People’s Bank of China, Bank of Japan and Bank of Korea hold first annual summit
Emerging Asia already in recovery
Asian Development Bank sees strong recovery ahead for Asia’s emerging markets in 2010
Kenya paves way for recovery with loosening
Central Bank of Kenya’s cuts to its cash reserve ratio and benchmark rates seen as bold moves
CentralBanking.com’s subscribers back Bernanke
More than 70% of voters in favour of Ben Bernanke being reappointed Fed chairman in 2010
Svensson: aim inflation expectations above target
Lars Svensson, one of the defenders of inflation targeting, says above-target inflation needed to spur employment
Richmond Fed hires new general counsel
Richmond Federal Reserve names Michelle Gluck as new chief legal officer
Payments end-users bemoan lack of Sepa dialogue
Payment Systems End User Committee (EUC) labels consultation on the Single Euro Payments Area insufficient
British PM slams plans to soup up Bank role
Gordon Brown labels Conservative Party proposals to disband FSA and hand supervision to the Bank of England “wrong”
HK, Singapore, Malaysia to devise deposit-insurance exit
Hong Kong Monetary Authority, Bank Negara Malaysia and Monetary Authority of Singapore set up group to work on deposit-insurance exit strategy.