United States
Fed audit would damage economy: counsel Alvarez
Federal Reserve lawyer defends central bank against lawmakers’ attempts to scrutinise its monetary operations
Interventions helped creditors not shareholders
Bank for International Settlements reviews market reaction to bank rescue packages during the crisis
Borders affect prices
Boston Federal Reserve looks at the role of international borders in segmenting markets
Not everyone can make it to the top
Boston Federal Reserve finds American families’ economic mobility is decreasing
Beige Book cautiously positive
Federal Reserve’s Beige Book suggests economic activity continued to stabilise
Estate agents do serve social role
Boston Federal Reserve looks at the conflict of interest between a seller of a house and a real-estate agent
Triple A ratings safe for now
Moody’s says Aaa countries have stable outlooks
Shirakawa cites balance-sheet adjustment as key
Bank of Japan governor Masaaki Shirakawa says balance-sheet adjustments in US and Europe are becoming more important as risk of collapse abates
Building a more resilient financial system
The short-term focus that dominated policy, regulation, accounting and governance prior to the crisis has to be changed, argues Jacques de Larosière
Interview: William Isaac
The former chairman of the Federal Deposit Insurance Corporation tells Robert Pringle that procyclical accounting and capital rules lie at the heart of the crisis
Rethinking decoupling
The decoupling hypothesis has been one of the casualties of the crisis, Martina Horáková argues
Ratings agencies: regulate or downgrade?
Ludˇek Niedermayer worries that regulating ratings agencies will simply increase their influence and create the wrong incentives
Emerging-market shocks have mixed results on US assets
Bank of England looks at international financial transmission between emerging and mature markets
US budget deficit forecast trimmed
US officials expect the 2009 fiscal deficit to be smaller than originally forecast, after scrapping money earmarked for further bank bailouts
Fed extends Talf programme
The Federal Reserve extends key loan facility for asset-backed securities, soothing market concerns
Small firms also make it in exports
Philadelphia Federal Reserve says exporters not necessarily larger than non-exporting firms
New York Federal Reserve – Annual Report 2008
New York Federal Reserve’s Annual Report shows its balance sheet tripled in the past year
Fed enhancing large institutions’ oversight: Tarullo
Federal Reserve’s Daniel Tarullo says supervision of large institutions to get a new boost
More than a fifth of jobs not advertised
Philadelphia Federal Reserve studies vacancies, hires, and vacancy yields in the US job market
Beige Book points to economic stabilisation
Federal Reserve’s Beige Book suggests decline in economic activity is ceasing
Bankers warn against financial protectionism
IIF sees risk as a result of national governments’ efforts to restore confidence
Italy’s Visco : target global imbalances
Bank of Italy’s Ignazio Visco says that macroeconomic imbalances must be taken care of
Central counterparties for CDS compared
Ad hoc industry group comprising both buy-side and sell-side publishes report on credit-default-swap central counterparties