G7
G7 ministers discuss IMF gold sales
"There was an acceptance among the G7 that resources should be raised by selling gold," said Tomasso Padoa-Schioppa, Italy's finance minister, who is also the head of the International Monetary Fund's (IMF) steering committee (IMFC).
Subprime writedowns could total $400 billion: G7
Central bankers and finance ministers from the group of seven most powerful economies now believe subprime-related writedowns could far exceed previous estimates, Peer Steinbruck, Germany's finance minister, revealed.
Liquidity pressures could return, says FSF report
Money-market tensions could yet re-emerge, a group of leading central bankers and policymakers warned on Monday.
Pressure rising over currency, says China's Yi
The contrast between US and Chinese monetary policy is exacerbating the pressure on the People's Bank of China to allow the renminbi to appreciate.
Crisis not yet over - Switzerland's Hildebrand
The subprime crisis that triggered the credit market turbulence is undoubtedly not yet over and further global financial market turbulence is likely to slow down the Swiss economy, said vice-president of the Swiss National Bank Philipp Hildebrand in a…
China fights back over G7 currency criticisms
Wu Xiaoling, the deputy governor of the People's Bank of China, said the country's current policy on the appreciation of the renminbi was a responsible one despite claims to the contrary by the world's leading finance ministers.
Strong dollar message "very important": Trichet
Jean-Claude Trichet, the president of the European Central Bank, said it was "very important" that the US underlined its message that a strong dollar was in the US national interest.
Regulators to cooperate on rules to combat crisis
Financial regulators from the world's leading economies are set to draft recommendations to avert global instability in response to the recent market turmoil.
Risks to inflation projections remain, says Paramo
Jose Manuel Gonzalez-Paramo, European Central Bank governing council member, said Thursday 19 April that although risks to eurozone inflation projections remain, ECB monetary policy remains accommodative.
EU's Almunia says Europe in good times
Joaquin Almunia, the European Commissioner for economic and monetary affairs, said Saturday 14 April, Europe is enjoying a good recovery.
US's Paulson sees progress on trade imbalances
U.S. Treasury Secretary Henry Paulson said in a statement the Group of Seven (G7) nations have made progress but "more needs to be done" on trade imbalances.
IMF struggles to find a role on the global stage
According to this article from The Times, published Tuesday 10 April, both the IMF and the G7 are becoming outdated and toothless bodies as the world economic landscape is transformed by the rise of China, India and Brazil.
BOJ's Fukui sees no resumption of yen-carry trade
Bank of Japan governor Toshihiko Fukui said Tuesday 10 April he sees no sign of the resumption of the yen-carry trade, despite the recent weakening of the yen.
IMF's de Rato says G7 open minded on gold sales
International Monetary Fund managing director Rodrigo Rato said the Group of Seven leading industrialized nations were "open-minded" about allowing the Fund to sell part of its gold reserves.
Trichet warns markets on carry trades risk
European Central Bank president Jean-Claude Trichet warned markets this weekend at the G7 finance ministers and central bank governors meeting that one-way bets in currency markets posed risks.
PBOC's Zhou says inflation data being studied
People's Bank of China governor Zhou Xiaochuan told reporters Friday 9 February the central bank is studying inflation data carefully to see if the recent acceleration is due to real inflationary pressures or seasonal factors.
Buba's Weber says German growth trend 'intact'
Bundesbank president Axel Weber said Saturday 10 February at the meeting of G7 finance ministers and central bank governors the underlying growth trend in Germany remains intact and that the outlook for euro zone growth remains positive.
G7 positive on prospects for world economy
Global growth is on track despite risks from high oil prices and other threats, finance chiefs from the Group of Seven industrialized nations said Saturday 16 September.
Report says G7 forex section still undecided
Ministers of Group of Seven leading nations have yet to decide the wording on currency policy at their upcoming summit, Kyodo news reported Tuesday 12 September citing a draft of the final statement.
Trichet says IMF representation progressing
European Central Bank president Jean-Claude Trichet has said the process of giving the ECB a higher profile in the IMF is going in the right direction, although he would prefer progress to be quicker.
Fukui, would-be Greenspan of Asia, replaceable
According to this article from Bloomberg published Friday 30 June, Bank of Japan governor Toshihiko Fukui was urged to become the "Greenspan of Japan, if not Asia" soon after he began running the BOJ in 2003.
Japan's Tanigaki sees continuity with Paulson
Japanese Finance Minister Sadakazu Tanigaki said Wednesday 31 May that he does not believe, at least for now, that there will be a change in the U.S. foreign exchange policy under Treasury Secretary nominee Henry Paulson.
Comment: Bank of Japan update
The Bank of Japan's monetary policy committee meets this week with an interest rate decision expected on Friday. With any ideas of an imminent rate hike all but ruled out, the emerging consensus is that the shift could come in July.
Tanigaki wants orderly fx moves
Japan's finance minister Sadakazu Tanigaki said on Tuesday 25 April that sudden exchange rate movements seen after the recent Group of Seven meeting were undesirable.