Central Banking
Bank of England survey shows drop in overall satisfaction
Inflation Attitudes Survey also shows gap between public perception and real rates
Belgium and euro area will not face deflation
Policymakers’ swift adoption of expansionary policies will prevent Belgian and Euro area economies from spiralling deep into deflation, argues the National Bank of Belgium
Hong Kong Monetary Authority – Quarterly Bulletin
The Hong Kong Monetary Authority publishes September 2009 issue of its Quarterly Bulletin
Towards a better measure of wealth
Report seeks to highlight the limitations of GDP as a measure of economic and social well-being, particularly problems in its measurement
Barbados’ Williams on financial education
Central Bank of Barbados’ Marion Williams terms education a “central tenet”
Fed’s Hoenig outlines resolution schema for too-big-to-fail
Kansas City Federal Reserve’s Thomas Hoenig and two economists prepare legal process for failure
FSA and SEC to cooperate on hedge-fund rules
Financial Services Authority and Securities and Exchange Commission agree to cooperate on reporting and other regulatory requirements for hedge funds
Fiscal measures must be taken off central banks’ books: IMF
International Monetary Fund’s executive board wants all quasi-fiscal activity to be moved onto government balance sheets
Bernanke optimistic regulatory overhaul will happen
Federal Reserve’s Ben Bernanke “quite confident” that Congress will pass far-reaching financial reforms
Finland names head of transition unit
The Bank of Finland Institute for Economies in Transition gets a new chief
The real effects of financial risk
Research estimates the magnitude of key effects on the real economy from financial sector stress
Yam reflects on roots of crisis
The soon-to-retire head of the Hong Kong Monetary Authority discusses four economic conundrums witnessed during his spell at the helm of the territory’s central bank
Upholding investment fund status quo ‘not an option’
There is much good in the EU Alternative Investment Fund Management Directive. But spirited debate is needed to make improvements says FSA
King cautious on recovery
Bank of England’s Mervyn King warns return to trend growth will be slow and protracted, much to be done on regulation
Fed names new regional chairs
Washington-based board announces heads of twelve Federal Reserve banks for 2010
Libor spread sinks to pre-crisis levels
Libor-OIS spread for three-month dollar loans retreats to its summer 2007 level as confidence continues to grow
Iceland names new chief economist
Thórarinn Pétursson to head economics division at the Central Bank of Iceland
Bahrain trims rates
Central Bank of Bahrain cuts rates for first time since December, offers month-long dollar loans
Peru’s Velarde backs V-shaped recovery
Central Bank of Peru President confident on quick recovery for emerging economies
Obstfeld on global monetary reform
Berkeley economist says International Monetary Fund may be right organisation to act as a global lender of last resort
How competition influences bank failures
Bank of Finland uses evidence from Russia to investigate link between competition and failure
Monetary policy and the Jordanian central bank
Research charts the impact of central bank independence on policy
No, the markets are not in state of hysteria about US inflation
Brendan Brown, the chief economist at Mitsubishi UFJ, asks if fears of prices exploding in the US are as irrational as some suggest
Fed governor pans accounting developments
Federal Reserve’s Elizabeth Duke says both FASB’s and IASB’s new approaches raise “number of concerns”