Central Banking
Trichet bids farewell to Skrzypek
ECB president Jean-Claude Trichet offers condolences at Skrzypek funeral
Buba's Weber says Greece will need up to €80 billion: reports
Bundesbank president Axel Weber reportedly tells German parliamentary group Greek bailout costs could soar
Canada scraps commitment to hold rates; signals hike
Bank of Canada drops conditional commitment to hold overnight rate at 0.25%; pledge one of a number made by central banks to soothe markets’ nerves
India hikes again as food price inflation catches on
Reserve Bank of India raises both repo and reverse repo rates by 25 basis points as headline inflation stops just short of 10%, draws $1.25 trillion out of system
BIS: monetary policy should factor in oil-price shocks
Bank for International Settlements research identifies strong role for monetary policy during oil shocks
IMF: productivity, not institutions, drive incomes higher
IMF study finds strong evidence of role for total factor productivity in income variability across countries
Iceland's Guðmundsson laments lack of progress in regulation
Icelandic central bank governor says the promised regulatory overhaul has yet to transpire and institutions still do not have all necessary information to prevent a collapse
Reddy: Fiji has recovered
Reserve Bank of Fiji Governor Sada Reddy says country has made progress with balance of payments challenges
Six banks to vie for entry into Libya
Libyan central bank picks three Arab and three international banks to compete for two licences that will allow lenders to set up in the country according to state news agency
ECB’s Stark: fiscal burden a daunting challenge
ECB board member Jürgen Stark draws on risks of failing to reach a quick solution to Europe’s fiscal problems
Junk bonds the way forward for China: ex-PBoC deputy
Former Chinese central bank vice-governor Guo Shuqing says new and small start-ups stand to gain from the issuance of non-investment grade debt
Finland's Salo to step down
Bank of Finland board member to depart in October
SF Fed's Yellen says low rates appropriate
San Francisco Federal Reserve president says Fed can rely on interest on reserves to keep balance sheet large
Casino gambling and the economy: a review
Philadelphia Federal Reserve research covers literature on the impact of gambling on communities
IMF on the properties of sovereign default models
Research suggests two improvements to model used to account for rate movements in emerging markets
Bank of Finland – Annual Report 2009
Figures for 2009 show profits up by 5%
Greece takes grudging step towards bailout
Greek government initiates procedures concerning proposed $40 billion rescue with eurozone and IMF, problems anticipated in joint effort
Thailand likely to postpone hike as protests turn bloody
Bank of Thailand will put off rate normalisation till June in order to soothe markets rattled by clashes between anti-government protestors and army, say analysts
Sheikh Hamed replaces brother as Adia managing director
Sheikh Hamed bin Zayed al-Nahyan takes over Sheikh Ahmed’s role at helm of Abu Dhabi Investment Authority
FSA names new consumer education chief
Supervisor picks pensions regulator head Tony Hobman to lead new consumer financial education body
Ndung’u calls for new reforms in MFI scheme
Kenyan governor Ndung’u draws up plans to enhance MFI’s incorporation
New York: US recovery setback by unemployment figures
New York Fed president William Dudley describes sluggish recovery growth related to high unemployment
ECB: fiscal deficits attributable to crisis
ECB paper shows European fiscal budgets were unprepared for intervening in markets during crisis
Bank of Canada highlights requirements for global recovery
Study shows a rebalance in global current account necessary for sustainable growth