United States
SEC names new general counsel
Securities and Exchange Commission appoints deputy general counsel for litigation and adjudication Mark Cahn to head regulator’s law department
Unemployment rate will take several years to normalise: Bernanke
Federal Reserve chairman Ben Bernanke expects unemployment rate to take several years to return to normal levels
IMF studies G-7 factors in global business cycles
IMF study examines impact of G-7 indicators in driving global business cycles
NY Fed’s Tracy: 'Great Recession' distinguished by severity
New York Federal Reserve executive vice-president Joseph Tracy says moniker of Great Recession attributed to severity not length of downturn
Government failures aided housing bust, says FDIC’s Bair
Federal Deposit Insurance Corporation chair Sheila Bair says government-encouraged risk-taking created misaligned incentives in mortgage lending
RBNZ’s Bollard on international and domestic risks in 2011
Reserve Bank of New Zealand governor Alan Bollard identifies key risks to New Zealand economy in 2011
FCIC report: the major findings
Risk summarises the major conclusions from the commission report
Central banks break 20-year streak with net gold purchase in 2010
World Gold Council's Fourth Quarter Investment Digest says central bank purchases of gold slightly outweighed sales for first time in 20 years on growing demand for the precious metal
Strong US-Canadian financial linkages: Bank of Canada paper
Bank of Canada study finds strong evidence of spillover effect between financial conditions in the United States and Canada
IMF uneasy on nagging weakness of eurozone’s banks
Fund’s Global Financial Stability Report and World Economic Outlook updates show concern over insufficiency of eurozone stress tests, links between banking and sovereign risks
Richmond Fed’s Lacker on economic outlook for 2011
Richmond Federal Reserve president Jeffrey Lacker says recovery has emerged from soft patch and will grow above trend in 2011
BoJ study identifies capital inflow feedback loop
Bank of Japan Review study says foreign exchange intervention in emerging markets may have unintended consequences on capital flows
Federal Reserve – Beige Book (January 2011)
Reports from twelve districts identify slight improvement in labour markets
BoJ’s Nishimura warns of challenge population ageing poses on recovery
Bank of Japan deputy governor Kiyohiko Nishimura says population ageing can have prolonged effects on balance sheet adjustments following crises
IMF’s Lipsky calls for major US fiscal consolidation
IMF first deputy managing director, John Lipsky, says measures to ease debt burden in Unites States could have broader benefits for global recovery
Labour market essential component of recovery: NY Fed’s Tracy
New York Federal Reserve executive vice-president Joseph Tracy says shape of US economic recovery relies on labour market improvements
It's the forest stupid
Dodd Frank fails to deal with systemic risk, former chairman of the Federal Deposit Insurance Corporation William Issac argues
Stability objective should drive financial policy, says BoE’s Bailey
Bank's Bailey says stability goal must not be swayed by “murky compromises with other objectives”
Unemployment to weaken recovery: Bernanke
Federal Reserve chairman Ben Bernanke says moderate economic recovery is likely to keep unemployment high
NY Fed: US consumers ease debt burdens
New York Federal Reserve study measures scope of consumer indebtedness and impact of credit issuance
US growth outlook encouraging, says Kansas City Fed’s Hoenig
Kansas City Federal Reserve president Thomas Hoenig says US expected to grow at moderate pace in next few years
Fed study on minimum wage and inequality
Federal Reserve study says impact of minimum wage declines on inequality in United States overstated
Rise in income tax can boost growth: Fed study
Federal Reserve research shows increase in capital-income tax can provide insurance against investment risk and raise overall welfare
‘End the Fed’ author to lead congressional Fed oversight group
US congressman Ron Paul appointed chair of monetary policy subgroup in influential lower house financial committee; appointment could spark intense scrutiny of Federal Reserve