Official Record
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.
Annual report: Sierra Leone
In 2007, Sierra Leone received extensive debt relief from creditors represented by the Paris Club and the US government, the Bank of Sierra Leone latest annual report notes.
Bank of Israel - Annual Report 2007
The Bank of Israel's new law should provide a firm legal basis for the central bank's independence, said Stanley Fischer, the governor of the central bank in its latest Annual Report.
Fed's Beige Book a glum read
The latest edition of the Federal Reserve's Beige Book, a guide to business conditions in the 12 districts overseen by the regional Feds, indicates that economic activity weakened in September across the US.
OTC derivatives central counterparty issue urgent
The Financial Stability Forum, a collection of central bankers and financial regulators, has urged market participants to swiftly establish a central counterparty for over-the-counter (OTC) credit derivatives, in its follow-up report on enhancing market…
Bank of Estonia - Annual Report 2007
In 2007, Estonia started, after several years of exceptionally strong growth, moving towards a more stable and sustainable level of expansion, said Andres Lipstok, the governor of the Bank of Estonia, the latest Annual Report.
On to the euro: Romania's Annual Report
The National Bank of Romania's Annual Report for 2007 marked the end of one era as the country joined the European Union and the start of a new one as the country prepares to join the euro.
FOMC September minutes: balancing risks
Both downside risks to growth and upside risks to inflation were a significant concern to the Federal Open Market Committee (FOMC), the minutes from the 16 September meeting reported.
ECB - eurozone economy weakening
Under pressure from high commodity prices, lower consumer confidence and demand, as well as dampened investment growth, the euro-area economy is weakening, says the European Central Bank (ECB) in its September Monthly Bulletin.
Riksbank striving to inform public on crunch
The Riksbank is providing and updating a list of questions and answers on the financial turmoil.