Central Banking
Ireland may break with past in selecting new governor
The crisis has hit Ireland hard. So hard that the finance minister may look outside the civil service for a successor to John Hurley
China sovereign fund publishes first annual report
China Investment Corporation reports negative rate of return for 2008 in first ever Annual Report
ECB consults on payment scheme oversight
Eurosystem publishes draft standards for assessing direct debit and credit transfer schemes
Bank expected to be downbeat on UK outlook
Bank of England rumoured to be bearish on growth and inflation in this week’s Inflation Report
Czech inflation sinks to six-year low
Figure hits 0.3% for year to July, the lowest since 2003
Swap lines had crucial impact: Aizenman
Joshua Aizenman, an economist, on the importance of emerging-market foreign-exchange swap lines during the crisis
Ocampo proposes move to fully SDR-based IMF
José Antonio Ocampo on reforming the global reserve system
Argentina’s Redrado on currency mismatches
Central Bank of Argentina’s Martin Redrado on regulating currency mismatches
Central Bank of Samoa - Annual Report 2007/08
Samoa’s Scanlan on new banknotes
France’s Landau on Glass-Steagall’s relevance
Banque de France’s Jean-Pierre Landau addresses robustness of complex financial systems
Effects of collateral constraints on house prices unclear
Bank of Finland looks at effect of housing markets on economies
RBA – Statement on Monetary Policy
Reserve Bank of Australia says economic conditions are improving in the latest Statement on Monetary Policy
Crime makes credit pricier, says Bank of Italy
Bank of Italy looks at the relationship between the terms on bank loans and local crime rates
Russia cuts for fifth time in four months
Bank of Russia lowers policy rate by 25 basis points in effort to stimulate bank lending
China’s Su looks to clarify policy
Deputy Su Ning says People’s Bank of China will fine tune policy using open market operations
New ECB payments head to chair eurosystem committee
Daniela Russo to head Payment and Settlement Systems Committee as well as ECB department
European central banks agree third gold deal
New agreement will "accommodate" planned International Monetary Fund gold sales
Bank shocks markets with QE extension
Bank of England extends quantitative easing programme to £175 billion as money growth falters
Thailand relaxes overseas investment rules
Bank of Thailand relaxes rules for investing overseas in an effort to halt baht’s rise
Kenya to step up supervision: Ndung’u
Central Bank of Kenya’s Njuguna Ndung’u on strengheting supervisory tools
New York Federal Reserve – Annual Report 2008
New York Federal Reserve’s Annual Report shows its balance sheet tripled in the past year
No link between capital flight and manufacturing credit
International Monetary Fund examines whether capital inflows affect the impact of the global turmoil on credit conditions for a country’s manufacturing sector
Czechs cut rates to record low
Czech National Bank chops quarter point off official borrowing costs
Eastern Germany still behind the west
Bank of Italy looks at the economic convergence of eastern Germany with western Germany