Central Banking
Fund completes gold sales
IMF completes sale of 403 tonnes of gold, drawing 15 month process to an end; ease of effort linked to central banks' demand for the metal
Netherlands' Berndsen to build unified model of financial infrastructure
Netherlands Bank's head of oversight Ron Berndsen to construct complete financial infrastructure model as part of professorial appointment
Number of central bankers on the rise
Central banks increase staff, reversing decade-long downsizing trend
Fiji's Reddy resigns
Reserve Bank of Fiji governor Sada Reddy resigns from his post for unspecified reasons; deputy Barry Whiteside to serve as interim governor
RBA names new assistant governor for currency
Reserve Bank of Australia promotes Michele Bullock to assistant governor for currency; Bullock steps in following transfer of Bob Rankin to central bank's London office
Imbalances could treble in next two decades: Bank's Haldane
Bank of England executive director Andy Haldane charts course of global imbalances, pointing to trends likely to widen them
Former Czech governor Tůma joins KPMG
Ex-Czech National Bank governor Zdeněk Tůma joins consulting and auditing firm; tells local media he is keeping an eye on Prague administration
Ireland lifts lid on tough new enforcement approach
Central Bank of Ireland publishes first-ever enforcement strategy, detailing tough line on sanctions; publication accompanies penalties on Allied Irish Banks, NCB Stockbrokers
Fed extends temporary dollar swap lines
Dollar swap lines reopened with five central banks in May will remain in operation until August 2011, seven months past original date of expiry
Semi-structural models and inflation forecasting: Bank of Canada paper
Bank of Canada study finds semi-structural models best traditional New Keynesian Phillips Curve, bivariate vector autoregression models at inflation forecasting
Sama's Al-Jasser on the role of SMEs
Saudi Arabian Monetary Agency governor Muhammad Al-Jasser points to importance of small and medium enterprises; calls for care and development of sector
Pakistan's Kardar on domestic inflation dynamics
State Bank of Pakistan governor Shahid Kardar explains burgeoning price growth; cites government spending on subsidies as a factor
Capital flows drive financial imbalances: IMF study
Fund paper says capital inflows are main factor behind financial imbalances, with effects worsened by insufficient oversight
Dublin deflects ECB criticism of bank law
Ireland’s finance ministry says central bank independence not threatened by bank bill; statement comes in response to wide-ranging European Central Bank critique of draft law
Philippines bats away attacks of new banknote series: reports
Central Bank of the Philippines’ deputy governor Diwa Guinigundo reportedly dismisses criticisms of incorrectly rendered native bird and map on new banknotes
Tributes pour in for euro architect Tommaso Padoa-Schioppa
Central bankers, private sector officials laud the contributions of Tommaso Padoa-Schioppa, who died on Saturday
SNB’s Danthine on T2S participation
Swiss National Bank governing board member Jean-Pierre Danthine discusses central bank’s thinking on Target2-Securities project
Bank of Namibia – Monetary Policy Statement (December 2010)
Bank of Namibia’s monetary policy statement shows concern over expected weakness in future growth
Norges Bank on links between marginal value of cash and firms’ behaviour
Norges Bank research points to impact of marginal value of cash on businesses’ decision making
Monetary policy and the Australian-Kiwi exchange rate: RBNZ paper
Reserve Bank of New Zealand research finds Australian dollar-New Zealand dollar exchange rate incompatible with uncovered interest rate parity after official cash rate adoption
EFSF's Frankel: guarantees are "enough for the time being"
European leaders endorse EFSF model, as facility gears up for debut issuance of up to €5 billion
EU pledges to make bailout vehicle permanent
Meeting of European Union leaders concludes with a pledge to create permanent rescue fund for the eurozone
BoE, ECB announce euro-sterling swap line to aid Ireland
Bank of England agrees to provide sterling in exchange for euro up to a limit of £10 billion; move aimed at helping Central Bank of Ireland
King named vice chair of European Systemic Risk Board
Bank of England governor Mervyn King named Trichet’s deputy on ESRB