United States
Lagarde calls for urgent action
Lagarde sets out plans for Europe, the US and on a global scale to support 'fragile' recovery
Baby boomers sell-off may depress equities: SF Fed paper
San Francisco Federal Reserve study says demographic shifts in US may present headwinds for stock markets
Sarb’s Marcus calls for unified commitment to recovery from Western leaders
South African Reserve Bank governor Gill Marcus says lack of confidence and trust leadership in US and Europe has undermined the global recovery
Speculation intensifies over Bernanke's forthcoming Jackson Hole speech
Markets will be looking for signs of a third round of quantitative easing ahead of Fed chairman Ben Bernanke’s much anticipated speech at Jackson Hole, Wyoming, writes Blair Baker
Allan Meltzer awarded Truman Medal
American economist Allan Meltzer to become only the fourth person to receive the distinguished Truman Medal for Economic Policy
PboC adviser calls for urgent reform in the West
People’s Bank of China adviser Li Daokui says Europe and the US must introduce further reforms to address their chronic economic problems
CFTC repository rule won't save regulators from data leak bills, say European supervisors
The CFTC's attempt to protect non-US regulators from an indemnity clause in the Dodd-Frank Act will fail, European regulators fear
History in the making
Robert Aliber is inspired by Allan Meltzer’s monumental history of the Federal Reserve to look again at US monetary policy in the latter half of the 20th century
Opposing fronts
Martina Horáková reports on two conflicting views of US regulatory reforms
Carney discusses handling of global debt crises
Testifying before the House of Commons Standing Committee on Finance, Carney discusses the handling of debt crises in both the US and the eurozone
European ABS purchases pushed yield curve lower: Fed paper
Federal Reserve study says European acquisitions of asset-backed securities contributed to decline in US bond yields pre-crisis
New policy approaches should ‘stimulate’ risk-taking: BoE’s Haldane
Andrew Haldane uses historical examples to show macroprudential policy, used to stimulate risk-taking, can work
Fitch issues stern warning to the US
Affirms AAA rating but says failure to agree on deficit-reduction measures would ‘likely result in negative rating action’
Fed 'not out of bullets' says Lockhart
Atlanta Fed president says monetary policy options are available; admits economy is 'closer to the threshold of contraction'
Sovereign concerns set back RBA rate hike
Minutes of Reserve Bank of Australia monetary policy meeting show policy board did not hike rates due to mounting concerns over effects from international sovereign debt on demand
Two economists mooted for seat on Fed board
Jeremy Stein and Richard Clarida are being considered for terms on the Federal Reserve board of governors in a bipartisan effort from US lawmakers, writes Blair Baker
Iran says US sanctions on central bank are ‘unfounded’
Central Bank of Iran governor Mahmoud Bahmani denies US will impose sanctions on central bank; says measures would be “unfair”
FOMC rate commitment will aid US recovery: NY Fed’s Dudley
New York Federal Reserve president William Dudley says Fed's commitment to low interest rates till mid-2013 provided support for economy
Bank of Korea paper addresses growth implications of rising capital inflows
Bank of Korea study says improved institutional frameworks should be designed to monitor risks from capital inflows
Philly Fed paper on economic effects of fiscal uncertainty
Philadelphia Federal Reserve study says fiscal uncertainty can have impact on economy equivalent to monetary tightening
Kocherlakota speaks out against Fed decision
Minneapolis Fed president Narayana Kocherlakota says rising inflation and lower unemployment in economy did not warrant change in Fed language; says measure constitutes monetary easing
Banks blame complexity for slipping tri-party reform targets
Reforms to $1.59 trillion tri-party repo market are set to miss industry deadlines, and could now spill into 2012
Chancellor calls UK bond market a ‘safe haven’
Chancellor of the exchequer George Osborne says decline in gilt yields and credit default swaps signal flight to safety of UK bonds
Financial interlinkages are uniform across Asia region: BoJ paper
Bank of Japan study shows links between Asian nations and global stock markets appear to be homogeneous across countries