Opinion
Former central bank governor Buenaventura dies
This article published Friday 1 December by the Philippines Daily Inquirer reports the death of former governor of the Philippines central bank Rafael Buenaventura.
How independent should a central bank be?
According to this article by William Keegan at The Observer, published Tuesday 21 November, as Prime Minister, Gordon Brown wouldn't dare to tamper seriously with the system at the Bank of England for which he has received so much praise.
Bond curve inversion no longer signals recession
According to this article from Reuters, published Thursday 16 November, the inverted yield curve is no longer seen as an accurate predictor of slowing growth or recession ahead.
Milton Friedman, Nobel Prize winner, 1912-2006
Milton Friedman, a Nobel Prize winner, and one of the most influential economists of the 20th century, died in San Francisco on Thursday 16 November, aged 94.
Bernanke seen as unlikely to push inflation target
This article from the Finanical Times, published Wednesday 15 November, says that fallout from the Democrats recent victories could include a slow down in Ben Bernanke's drive to lead the Federal Reserve towards adopting a numerical inflation target.
Grzelonska is not a new Balcerowicz
According to this article published Monday 13 November on the FX Street website, Poland's likely next central bank governor has doubts whether the country should adopt the euro.
Yen lures Swiss, Russian, NZ central banks
According to this article published Monday 13 November by Bloomberg, central banks are increasing their holdings of the yen, in anticipation of a rebound from a 20-year low.
Economic woes await next Congo president
According to this article published Thursday 9 November by AFX, whoever emerges winner of Congo's recent presidential election will have a hard time wooing back citizens who have given up on institutions in favour of a giant shadow economy.
Democrats may oppose Bernanke's inflation target
According to this article published Thursday 9 November by Bloomberg, it may become harder for Federal Reserve chairman Ben Bernanke to establish an inflation target now that Democrats have control of the U.S. Congress.
What's behind Japan's big surge?
Although the world's second-biggest economy is expected to announce record expansion, this article from BusinessWeek, published Monday 6 November, says it's mainly based on exports, and wages have not kept pace.
Keeping faith in CBK's supervisory obligation
According to this article published Tuesday 7 November by the Kenya Times, a logical move by the Central Bank of Kenya to shut down the country's twenty or so banks affected by bad debts would have had dire implications for the economy.
Fed gets ambiguous data, no reasons for a change
Federal Reserve officials are likely to keep US interest rates unchanged at their next meeting, according to this article from Bloomberg published Tuesday 7 November.
Is Swift living in the past?
This recent article from The Banker asks whether Swift is destined to become a relic of a bygone age, or if it can move into the modern era after its launch three decades ago.
India's fast-evolving economy tests central bank
According to this article from Reuters, published Thursday 2 November, the Reserve Bank of India needs to know how close the economy is to overheating if it wants to keep the lid on inflation.
Can we bank on the Federal Reserve?
According to this article from the November 2006 edition of reason, Ben Bernanke, has big shoes to fill-and many possible hazards to sidestep. The article also contains interviews with several Fed watchers, including Milton Friedman, to assess the…
How viable is a single Caribbean currency?
According to this article published on Friday 27 October by The Jamaica Observer, the call for a single Caribbean currency is once again in vogue and questions about the political will to implement it are being raised.
Who wants to be a trillionaire?
According to this article from The Economist, published Thursday 26 October, China's foreign-exchange reserves are likely to top $1 trillion as October ends, but what to do with the money poses many problems.
Central banks facing effects of money glut
According to this article published Monday 30 October by Bloomberg News, central bankers may have new asset bubbles and inflation risks on their hands without further tightening.
Plundering China's reserves
According to this article published Friday 27 October by The Wall Street Journal, with China's foreign-exchange reserves now close to the trillion dollar mark, calls to spend the money are coming fast and furious.
Fed's Lacker - rebel without a pause
This article published Wednesday 25 October notes that Richmond Fed president Jeffrey Lacker has become the first Federal Reserve policy-maker in eight years to dissent from his colleagues for three consecutive meetings.
CBB brings central banking authority role to fore
According to this article from Arab News, published Sunday 22 October, the establishment of the new Central Bank of Bahrain highlights the issue of the role of a central banking authority in an economy and financial market.
Sterling sits pretty as volatility vanishes
According to this article from the Financial Times, published Tuesday 24 October, the UK's fiscal rules are superior to the eurozone's Stability and Growth Pact and the Treasury's opposition to joining the euro has been vindicated.
How big will China's foreign reserves get?
According to this article published by the People's Daily Online on Monday 23 October, China's foreign exchange reserves will exceed $2,000 billion by the end of 2010.