Official Record
Turkey justifies November cut
The Central Bank of Turkey's rate-setting committee opted to cut rates earlier this month on signs inflation would fall more rapidly than expected, the minutes of the meeting reveal.
ECB evaluates banks' liquidity stress tests
European Union banks' liquidity stress testing techniques are highly diverse, finds a new report from the European Central Bank.
BoJ minutes: board divided over size of cut
The majority of the Bank of Japan's board members agreed that the central bank was right to cut rates for the first time in seven years last month. But views differed on what the size of the rate cut should be.
Kyrgyz Republic - Annual Report 2007
In 2007, the National Bank of Kyrgyz Republic raised rates and improved its policy instruments due to the global rise in commodity prices, said Marat Alapaev, the governor of the central bank in its latest Annual Report.
Sepa report: progress made, but more to be done
The European Central Bank has said it welcomes the evident progress made on the Single Euro Payments Area (Sepa) project, but has noted that work urgently needs to be done.
Bermuda Monetary Authority - Annual Report 2007
Last year saw the Bermuda Monetary Authority introduce a new enterprise risk management framework, the institution notes in its latest Annual Report.
RBNZ - November Financial Stability Report
Global market conditions continue to affect the cost and accessibility of offshore funding on which the New Zealand banking system relies, says the latest Reserve Bank of New Zealand's Financial Stability Report.
RBA justifies November cut
An attempt to reduce the risk of a sharp weakening of demand was behind the Reserve Bank of Australia's cut in the cash rate by 75 basis points to 5.25%, according to minutes of the November meeting.
Bank of Latvia - Annual Report 2007
Ilmars Rimsevics, the governor of the Bank of Latvia, praised Riga for implementing inflation-curbing measures, in the central bank's latest Annual Report.
Outstanding CDSs decline
Multilateral terminations of outstanding contracts resulted in the first ever decline in the volume of outstanding credit default swaps (CDS) since December 2004, reports Bank for International Settlements.
Central Bank of Seychelles - Annual Report 2007
The Seychellian economy grew by about 7.3% in real terms in 2007, the country's central bank notes in its latest Annual Report.
Israel's Banking System - Annual Survey 2007
In 2007, the net income of Israel's five major banking groups rose, despite losses on asset-backed securities, and capital-adequacy ratios reached a record-high of 11% by the end of the year, the Bank of Israel's annual survey of its domestic banking…
Productivity slump triggered subprime woe
The downturn in the US housing sector was triggered by a productivity slowdown that begun in 2004, finds a new paper from the New York Federal Reserve.
BoJ minutes: growth sluggish
Japan's economic growth has been sluggish, reflecting earlier rises in energy and materials prices and weaker exports, say the minutes of the Bank of Japan's Monetary Policy Council meeting on 6 and 7 October.
Riksbank board unanimous on cut
The executive board of the Riksbank unanimously backed a lowering of the repo rate by 50 basis points to 3.75%, the minutes of the 22 October meeting reveal.
Turkey explains October hold
The Central Bank of Turkey's rate-setting committee in October decided to keep rates on hold as the intensification of the financial turmoil called for a cautious approach, the minutes of the meeting reveal.
Lira's decline won't trigger inflation
The recent depreciation of the Turkish lira will be largely offset by the disinflationary impact of the fall in food and energy prices and weakening domestic demand, states the latest Inflation Report of the Central Bank of Turkey.
Banking Authority of Kosovo - Annual Report 2007
Unemployment remained one of the main problems and was an extremely delicate issue for Kosovo in 2007, said Gazmend Luboteni, the chairman of the governing board of the Central Banking Authority of Kosovo.
Central Bank of Turkey - Annual Report 2007
Fiscal policy has made a modest contribution to disinflation in 2007, said Durmus Yilmaz, the governor of the Central Bank of the Republic of Turkey, in the latest Annual Report.
Stay vigilant, SARB warns markets
Financial system authorities and participants must stay vigilant, and enhance efforts to improve resilience and contingency measures, states the latest Financial Stability Review from the South African Reserve Bank.
India impacted by global turmoil
Recent events in India's financial markets reflect adverse developments and extreme uncertainty in international financial markets, opines the latest macroeconomic and monetary development mid-term review from the Reserve Bank of India.
National Bank of Serbia - Annual Report 2007
In 2007, for the second year in a row, the National Bank of Serbia managed to achieve its inflation objective, said Radovan Jelasic, the governor of the central bank, in the latest Annual Report.
IMF on European outlook
The International Monetary Fund expects growth to stagnate in advanced economies in Europe, while the region's emerging economies will slow down significantly.
Chicago Fed looks at private equity trends
The latest Chicago Fed Letter contains a summary of a recent conference organised by the central bank on the current trends in the private equity industry.