Central Banking
Inflation forecasting for a changing world
Norges Bank develops new model suitable for real-time inflation forecasting
Monetary policy needs financial analysis
European Central Bank says globalisation of financial markets over the past 25 years has had major implications for the conduct of monetary policy
Emerging-market shocks have mixed results on US assets
Bank of England looks at international financial transmission between emerging and mature markets
Bernanke nominated for second term
President Obama wants Bernanke to serve second four-year term after staving off a financial meltdown
Bank’s Bean: give us some credit
Bank of England deputy governor Charlie Bean says economists must put credit back into economics in a “meaningful” way
Ex-Fed’s Volcker pans money-market funds
Paul Volcker calls for tougher rules for funds in order to create level playing field
Nigeria downgraded on banking, fiscal fears
Standard & Poor’s lowers Nigeria’s sovereign credit ratings on concern over fiscal flexibility on back of bank bailout
How to set up a sovereign wealth fund: an IMF primer
The International Monetary Fund guides on policy and operational considerations in setting up a sovereign wealth fund
Asset correlation for credit-risk analysis
Latest research dispatch from Tokyo covers credit risk using default data
Markets may not revert to fundamentals
St Louis Federal Reserve research queries faith in market fundamentals
Clearing and settlement not keeping up: SNB’s Hildebrand
Swiss National Bank’s Philipp Hildebrand says system must develop apace to reflect innovation
Israel becomes first to raise rates
Bank of Israel tightens on signs economy is recovering
Union boss named New York Fed chair
Denis Hughes gets the nod to head board of governors, Lee Bollinger named deputy
Fischer heralds shift to “flexible” inflation targeting
Bank of Israel’s Stanley Fischer tells Jackson Hole audience that inflation targeting will survive the crisis. More downbeat on global imbalances
Hungary cuts to pre-IMF bailout levels
National Bank of Hungary chops half a point off key rate
Canada’s Carney backs price-level target
Bank of Canada’s Mark Carney says maintaining economic stability may require rethink on monetary policy
Shock horror: surprises to blame for crises
Research by Massachusetts Institute of Technology economists finds significant shocks trigger crises
Fed’s Madigan: five lessons for crisis management
Federal Reserve’s markets chief Brian Madigan says Walter Bagehot’s central tenet remains relevant
GDP to return to normal by mid-2010: BIS economists
Head of economic and monetary department Stephen Cecchetti and his team say pre-crisis GDP levels to be reached by June
Modellers should care what the weatherman says
Norges Bank says macro modellers should seek inspiration from weather forecasters
Chile’s De Gregorio on reform
Central Bank of Chile’s Jose De Gregorio says financial reforms should target incentives of financial intermediaries’ management
Crisis highlighted importance of liquidity: Bernanke
Fed chairman uses Jackson Hole address to stress need for macroprudential approach
Bank of Canada - Summer Review
Bank of Canada publishes the latest issue of its economic review
Bulgaria’s Iskrov re-nominated hours after resignation
Ruling party renominates Bulgarian National Bank governor for reappointment after declaring second term agreed in May illegal