United States
Fed's Plosser looks beyond government intervention to generate growth
Philadelphia Fed president urges communities seeking economic growth to look beyond government initiatives
IMF research examines impact of China on commodity markets
International Monetary Fund working paper examines impact of aggregate activity in China on commodity markets; finds Chinese activity impacts majorly on oil markets
Banque de France research examines links between inflation and monetary policy
Banque de France working paper examines link between inflation expectations, monetary policy and the eventual rate of actual inflation in the US economy
Fed’s Tarullo laments delays in shadow-banking reform
Federal Reserve’s Daniel Tarullo hits out at slow speed of money market and repo market reform; urges debate on functions that ‘shadow banks’ should perform
Mowry promoted to head IT division at Fed
Sharon Mowry named director of information technology and chief information officer at US Federal Reserve
IMF research discusses new formulas for compiling CPI indexes
International Monetary Fund working paper examines new formulas for compiling consumer price indexes using geometric averages
Bernanke places onus on US government to act
Bernanke calls on US Congress to act on fiscal policy; growth forecasts upgraded in latest Fed economic projections
Central Bank of Nigeria embroiled in plagiarism row
Central Bank of Nigeria responds to reports of legal action regarding plagiarism in public addresses given by governor Sanusi; stresses strict ethical standards are adhered to in preparing papers
Bank of Finland research discusses entrepreneurial optimism
Bank of Finland discussion paper examines optimism levels among entrepreneurs; finds those with more experience and education are less likely to be optimistic
Bernanke defends Fed’s response to financial crisis
Fed chairman defends actions taken before and during global financial crisis; offers justification for Fed response to struggling systemically important firms
Fed research examines supply-side changes in US housing market
New York Fed staff paper studies impact of supply-side changes to US housing market on the creation of a house price bubble
Plosser says more 'can and should be done' to aid Fed transparency
Philadelphia Fed president urges the Federal Reserve to do more on transparency; says a quarterly monetary policy report should be published
Fed’s Dudley airs fears over economic 'headwinds'
New York Fed president says rising gasoline prices and housing market weakness are significant headwinds to economic growth
'Heavy' gold purchases expected to continue in 2012
GFMS report says emerging economies will continue to turn to gold as they diversify reserves away from US dollar; "trivial" official sector gold sales recorded in 2011
Beige Book signals modest US growth
Federal Reserve summary finds modest growth reported by all districts amid concerns about petroleum prices; manufacturing sector expansion also noted
Fed’s Yellen discusses timeline for interest rate change in US
Federal Reserve vice-chair says gradual pace of recovery means interest rates likely to remain low until late 2014
Fed’s Tarullo sees early wins for dynamic capital supervision
Daniel Tarullo, a governor of the Federal Reserve, believes the introduction of new dynamic capital techniques in the US has improved regulation; says static rules have serious flaws
Sigtarp appoints special inspector general
Christy Romero appointed after approval from President and Senate
QE3 prospects diminish slightly after FOMC minutes release
FOMC minutes provoke fresh questions as to likelihood of further QE; Fed board members cautious on growth prospects
RBA's Edey says central banks should take lead on payment systems
Innovation hampered by lack of incentives for individual participants; natural role for central banks in driving innovation in the sector
Lagarde believes strong US role key to global recovery
IMF chief says US leadership vital; interconnectedness of the global economy means US has a stake in European and global recovery
Countries named and shamed over Basel regulation delays
Basel Committee releases progress update on regulation implementation; highlights slow progress in some countries
BOJ discusses dollar funding costs through forex swaps
Bank of Japan examines US-implied swap rates amid growing concern over European banks' funding
Carney looks east for export growth
Bank of Canada governor says Canada’s over-reliance on the US as an export market must change and more attention must be focused on emerging markets in the east