Central Banking
Bankers warn against financial protectionism
IIF sees risk as a result of national governments’ efforts to restore confidence
US regulators stake their claim
Barack Obama’s plans give too much to the Federal Reserve say Federal Deposit Insurance Corporation (FDIC) and Securities and Exchange Commission (SEC) chiefs
Basel-based CPSS broadens membership
Central banks of Australia, Brazil, China, India, Mexico, Russia, Saudi Arabia, South Africa and South Korea to join the Committee on Payment and Settlement Systems (CPSS)
Tripartite governors first meeting
Governors of People’s Bank of China, Bank of Japan and Bank of Korea hold first annual summit
Past banking crises studies need reassessment
International Monetary Fund finds that many banking crises studies focused on wrong indicators
Yamaguchi sees recovery in latter half of 2009
Bank of Japan’s Hirohide Yamaguchi speaks on the outlook for Japan’s economy
BoE unanimous on July decision
Monetary Policy Committee postpones review of Asset Purchase Programme to next meeting, July minutes show
Italy’s recessions past and present
A comparative analysis of the country’s main recessions by the Bank of Italy
Emerging Asia already in recovery
Asian Development Bank sees strong recovery ahead for Asia’s emerging markets in 2010
Will Dr. Gloom and Dr. Doom’s Next Domino Fall?
The current plight of Latvia and its Baltic neighbours is far different from Argentina’s in the early part of this decade
Kenya paves way for recovery with loosening
Central Bank of Kenya’s cuts to its cash reserve ratio and benchmark rates seen as bold moves
CentralBanking.com’s subscribers back Bernanke
More than 70% of voters in favour of Ben Bernanke being reappointed Fed chairman in 2010
Svensson: aim inflation expectations above target
Lars Svensson, one of the defenders of inflation targeting, says above-target inflation needed to spur employment
Richmond Fed hires new general counsel
Richmond Federal Reserve names Michelle Gluck as new chief legal officer
Gold is special
International Monetary Fund investigates how macroeconomic announcements affect commodity prices
Italy’s Draghi: industry must be supported
Bank of Italy’s Mario Draghi says labour and firms key in fighting Italy’s recession
India’s Chakrabarty: technology key in inclusion efforts
Reserve Bank of India’s Kamlesh Chandra Chakrabarty says that financial inclusion initiatives must have a business model
New Keynesian Phillips Curves with wage rigidities
Bank of Canada applies structural inflation models with real wage rigidities to the domestic economy
The real exit problem at the Federal Reserve (and ECB and BoE)
Central bankers must abandon their focus on targeting inflation in the medium term if we are to really consign the crisis to history
Payments end-users bemoan lack of Sepa dialogue
Payment Systems End User Committee (EUC) labels consultation on the Single Euro Payments Area insufficient
British PM slams plans to soup up Bank role
Gordon Brown labels Conservative Party proposals to disband FSA and hand supervision to the Bank of England “wrong”
HK, Singapore, Malaysia to devise deposit-insurance exit
Hong Kong Monetary Authority, Bank Negara Malaysia and Monetary Authority of Singapore set up group to work on deposit-insurance exit strategy.
Lithuania’s Sarkinas gloomy on banking outlook
Central bank governor believes banking industry’s pain will intensify
BoJ policymakers consider exit from credit easing
Bank of Japan rate-setter says central bank should consider ways to terminate unconventional measures