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Central Banking

Ireland's Hurley covets stability role

John Hurley, the governor of the Central Bank and Financial Services Authority of Ireland, said that he would strongly support full integration and coordination within the Irish central bank of responsibilities for both financial stability and micro…

US output gap may be smaller than thought

That core inflation has fallen relatively little indicates that there is less slack in the American economy, and thus a smaller output gap, than standard estimates predict, research published by the San Francisco Federal Reserve posits.

Inflation outlook leaves scope for RBA cuts

Members of the Reserve Bank of Australia's rate-setting board saw no pressing case for further monetary stimulus but concurred that the inflation outlook left scope for cuts if required, the minutes of this month's policy meeting show

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