Central Banking
Bank of Japan – Public Opinion Survey
Japanese central bank’s survey on public views and expectations shows more expect further economic woe
Hungary to buy forint mortgage bonds to spur lending
Move by the National Bank of Hungary highlights concern over return to euro financing, seen as key cause of crisis
Towards a euro monetary fund
Daniel Gros and Thomas Meyer team up on fix aimed at stopping another Greece
No winners from Redrado’s row
The Central Bank of Argentina's conflict confronts the country with a Catch-22 situation from which the authorities cannot profit, argues Vladimir Werning, an economist at JP Morgan.
Barbados’ Worrell: supervisors of the region unite
Central Bank of Barbados’ governor urges Caribbean supervisors to ramp up cooperation
Chile on the pros and cons of connectivity
Central Bank of Chile looks at how shocks are transmitted across markets and banking systems
Europe is losing the “war on cash”: report
ECB and European Commission efforts to promote cashless payments are having some effect, but people still prefer cash, report finds
Greece should go to IMF, not EU for aid: Issing
Former ECB chief economist advocates tough love from Washington, rejects Brussels bailout; position conflicts with senior EU bureaucrat
Ex-Nigeria chief loses state governor race
Nigerian ex-governor Charles Soludo places third in the bid for governorship of the resource-rich Anambra state after a spirited campaign
Kuwait makes surprise 50bp cut
Central Bank of Kuwait trims half a percentage point off key rate in the face of low inflationary pressures and to encourage lending to non-oil sectors
Ex-NY Fed chief opposes Volcker rule
Former New York Fed head Jerry Corrigan, now at Goldman Sachs, plays down impact of banks’ activities; warns against regulatory arbitrage
Drop the math, Finland’s Liikanen tells economists
Bank of Finland’s Erkki Liikanen says profession will have to be more humble post
Ex-IMF chief economist wants Fed’s Hoenig for Treasury
Simon Johnson says lone FOMC dissenter “entirely plausible” successor to Tim Geithner
Rate round-up: bulk of central banks hold
Rate decisions this week see a slew of institutions maintain policy stance
Modeling the demand for reserves
A new working paper from the Swiss National Bank estimates a demand curve for central bank reserves
Real-time macroeconomic monitoring
A new paper from the Philadelphia Fed sketches a framework for monitoring the
Fed’s independence in public’s interest: Bernanke
Ben Bernake says the Federal Reserve will work with Congress to ensure maximum transparency
SWFs innocent of political bias
OECD looks at whether sovereign-wealth funds’ investments are politically motivated
US debt ratio drives international exchange rates: Bank of Canada
A Bank of Canada paper posits that the debt to GDP ratio in the US and commodity prices have great impact on bilateral exchange rates
ECB – Economic and Financial Developments in 3Q 2009
European Central Bank release shows the euro-area economy climbing tentatively out of recession, but non-financial corporations suffer
Iceland’s government knew banks were in trouble: Wellink
Dutch central bank president Nout Wellink says his Icelandic counterparts had informed the government that the country’s banking sector was in trouble
ECB’s Stark places onus on deficit states
European Central Bank's Jürgen Stark says euro area’s deficit states must embrace economic reforms for the common good
Real exchange rate matters: SARB’s Mminele
South African Reserve Bank’s Daniel Mminele on the role of exchange rates in monetary policy
Argentina surprises with new governor
Mercedes Marcó del Pont, the pro-government head of a state bank, is made governor of the Argentine central bank, commentators and markets in shock