Central Banking
Bernanke outlines regulatory agenda
Fed chairman says comprehensive reform requires action from Congress
Emerging economies to lead the recovery: BoJ deputy governor
Bank of Japan's Kiyohiko Nishimura says financial conditions and business sentiment in the world’s second largest economy have improved
Hungarian regulator’s role to be amplified
Hungarian Financial Supervisory Authority will get more independence and the right to issue regulations if government proposal clears parliament
Regulation will not stave off future crises: Bank’s Tucker
Bank of England’s deputy governor argues that regulation will not address collective-action issues; sets out macroprudential tools
Eichengreen backs Fund as global lender of last resort
Berkeley economist Barry Eichengreen believes International Monetary Fund should in time take on the mantle of global lender of last resort
Interview with Barry Eichengreen
Berkeley economist Barry Eichengreen talks to CentralBanking.com on the IMF’s new role, reserve currencies and the future of economics as a science
Norway’s Gjedrem plays down crisis impact
Norges Bank’s governor says financial crisis unlikely to feed through to real economy
Why MPC chairmen are (almost) always in the majority
Research uncovers reasons why committees tend to back chairmen
Fed’s Rosengren on lessons from history
Boston Federal Reserve’s Eric Rosengren draws on crises in previous centuries to come up with broad lessons on turmoil
ECB attacks Brussels over hedge-fund rules
Concern comes after British authorities warned on rules
Barofsky: US Treasury abdicated responsibility for AIG
Neil Barofsky, the special inspector general for the Troubled Assets Relief Program (Sigtarp), accuses US Treasury of "abdication of responsibility" over AIG retention bonuses
Zim finance minister looks to cut central bank authority
Tendai Biti, Zimbabwe’s finance minister, has tabled a bill that seeks to reduce the powers of the Zimbabwe’s central bank and its governor
Living wills the way forward: Britain’s FSA
Britain’s Financial Services Authority also calls for higher capital and liquidity requirements
Norges Bank reverses emergency collateral rules
Norway’s central bank tightens collateral guidelines with immediate effect, proposes end to acceptance of bank bonds
Eichengreen sees dollar safe for now
The euro and the renminbi could both mount a strong challenge to the dollar’s status as the global reserve currency. But, as Berkeley economist Barry Eichengreen tells CentralBanking.com, must overcome some major obstacles before they can do so
Plosser attacks Fed liquidity support
Philadelphia Federal Reserve president says central bank has gone “far beyond” Bagehot’s lender-of-last-resort tenet, should accept nothing but Treasuries
Brazil capital control unlikely to slow real’s rise
Imposition halts currency’s appreciation but analysts sceptical move will help in longer term, investors jittery on Colombian peso
Paulson broke the law for Goldman Sachs, alleges book
Book accuses the former US Treasury Secretary of misconduct over alleged meeting with Goldman officials
Fed names new supervision head
Fed names Patrick Parkinson as Roger Cole’s replacement
France’s Noyer welcomes Islamic finance
Banque de France governor argues that principles of Islamic finance create stability, adding that there is demand for it
King’s speech elicits mixed reaction
Commentators and politicians broadly support Bank governor’s call for break-up of biggest banks, but see no easy fix
RBA’s Payments System Board – Annual Report 2009
Reserve Bank of Australia’s Payments System Board says payments fraud increased
QE has boosted broad money: Bank
Bank of England’s Monetary Policy Committee unanimous in decision to keep the bank rate and the asset purchase programme unchanged
Research to focus on stability: Buba’s Weber
Bundesbank’s Axel Weber says central banking studies must concentrate on financial stability and links to monetary policy