European Central Bank (ECB)
Buba's focus on output-growth gap significant
The Bundesbank's response in 1970s and 1980s to the output-growth gap under monetary-growth targeting was highly significant, posits a new paper from the European Central Bank.
Fed site looks to clarify balance-sheet growth
The Federal Reserve has launched a new section of its website to explain why its balance sheet has doubled since the beginning of the crisis.
Central bank liquidity abates crisis but not risk
Central banks' liquidity provision can manage a liquidity crisis but cannot tackle the roots of liquidity risk, posits a new paper form the European Central Bank.
Trichet pushes for greater regulatory role
Jean-Claude Trichet, the president of the European Central Bank (ECB), has called for European Union to grant his institution a greater regulatory role.
NYFed hosts CDS powwow
The Federal Reserve Bank of New York has hosted a meeting of global regulatory authorities for credit-default swap central counterparties as part of a new concerted effort to formalise the trading and processing arrangement for the market.
Interview: Paul De Grauwe
The major central banks have responded differently to the global financial and economic crisis, threatening a return to beggar-thyneighbour policies, Paul De Grauwe tells Malan Rietveld
Papademos on macroprudential supervision
The European Central Bank and the Eurosystem are well placed to assume the tasks of macroprudential supervision, said Lucas Papademos, the vice president of the ECB.
Riksbank's Svensson solves liquidity-trap problem
Lars Svensson, the deputy governor of the Sveriges Riksbank, has devised what he has labelled a "foolproof way" to escape a liquidity trap.
Union activity linked to swings in output
Countries with high union density experience larger fluctuations in output, posits a new paper from the European Central Bank.
Korea's target hits its aims
By having an explicit inflation target, the Bank of Korea is taking the optimum route to price stability, posits a new paper from the European Central Bank.
Sequential bargaining in a New-Keynesian model
This working paper by the European Central Bank considers a model with frictional unemployment and staggered wage bargaining where hours worked are negotiated every period.
A setback for European payments
Terry Dirienzo, product and marketing director for Experian Payments, a consultancy, bemoans a French suspension of work on the Single Euro Payments Area (Sepa).
Demand for eurozone loans shrinks
Demand for loans from both businesses and households across the euro area fell sharply in the fourth quarter, the European Central Bank's (ECB) latest credit conditions survey indicated.
ECB: corporate credit weakening
Corporate credit is significantly weakening, said Jean-Claude Trichet and Lucas Papademos, the president and the vice president of the European Central Bank (ECB).
ECB official praises Slovakia's euro entry
The changeover from Slovak koruna to euro, which took place in January, was very smooth, said Jose Manuel Gonzalez-Paramo, a member of the European Central Bank's Executive Board.
Financial variables impact inflation dynamics
Financial variables can explain the long-term dynamics of inflation expectations, finds a new paper from the European Central Bank.
Eurozone, Japanese inflation sink
Eurozone annual inflation fell to its lowest level since 1999 in January as data revealed price growth in Japan came to a near standstill in 2008.
Trichet: euro is not dollar's competitor
The euro was not created to compete with the dollar, said Jean-Claude Trichet, the president of the European Central Bank (ECB).
ECB's Tumpel-Gugerell: crisis impacting economy
The eurozone is experiencing a severe financial crisis that has begun to impact the real economy, said Gertrude Tumpel-Gugerell, a member of the European Central Bank's executive board.
ECB officials signal reluctance to cut to zero
Two senior officials at the European Central Bank (ECB) have indicated that the Frankfurt-based institution remains reluctant to follow the Federal Reserve's lead in cutting rates to near zero.
Labour markets matter for ECB policy
Disturbances in the wage-bargaining process are a significant contributor to inflation and output fluctuations in euro-area, a paper from the Philadelphia Federal Reserve finds.
ECB's warns against dangers of fiscal excess
The latest European Central Bank Monthly Bulletin calls for governments to spend cautiously.
ECB's Gonzalez-Paramo on CBs and supervisors
A very close and smooth interplay between central banking and the supervisory communities is crucial, said Jose Manuel Gonzalez-Paramo, a member of the European Central Bank's executive board.
France to ECB: lead charge for derivatives market
Christine Lagarde, the French finance minister, has called on the European Central Bank to spur efforts to set up a eurozone-wide financial infrastructure for derivatives, further scuppering US efforts to create a global market for the instruments.