Central Banking
Brazil slashes, signals further easing
The Central Bank of Brazil made its most aggressive cut in more than five years on Wednesday and hinted it would ease rates further in the coming months.
UK action must be backed up abroad: BoE's Tucker
The British Treasury's measures, announced Monday, to kickstart a financial recovery stand a better chance of success if they are mirrored by governments across the globe, a senior Bank of England official testified on Wednesday.
Tarp needs "serious reform": Geithner
The Troubled Asset Relief Plan (Tarp) needs a fundamental overhaul, Tim Geithner, the US treasury-secretary designate who as head of the New York Fed was closely involved with the original bailout package, told lawmakers on Wednesday.
Business can bypass banks with bond sales: King
The Bank of England's round of corporate bond purchases, set to begin within weeks, could revive ailing capital markets by reducing businesses reliance on bank lending, Mervyn King, the governor of the Bank of England, said on Tuesday evening.
Danes less keen on euro
The popularity of the euro among Danes has waned since November 2008, a poll commissioned by one of the country's leading banks has found.
Malaysia slashes rates as exports flag
Bank Negara Malaysia surprised markets on Wednesday, slashing its key rate by 75 basis points to 2.5%.
Why we must say no to nationalisation
In the UK, nationalisation is increasingly being advocated by many experts as a solution to the banking crisis. Such a step would be a disaster for the UK and the City of London, argues Robert Pringle, the editor-in-chief of Central Banking journal.
Bank of England's January minutes
The minutes from the January meeting of the Bank of England's Monetary Policy Committee show most members judged cutting bank rate by 50 basis points would provide a significant stimulus to the economy.
Central Bank of Tunisia - Annual Report 2007
Tunisia's economy grew up by 6.3% in real terms in 2007 despite difficult international conditions, notes the latest Annual Report from the country's central bank.
New BoJ discussion paper series
The Bank of Japan published a new issue of its online discussion paper series.
Inflation dynamics uncovered
A new paper from the Kansas City Federal Reserve examines the dynamics of various measures of national, regional and global inflation.
ECB's Gonzalez-Paramo on CBs and supervisors
A very close and smooth interplay between central banking and the supervisory communities is crucial, said Jose Manuel Gonzalez-Paramo, a member of the European Central Bank's executive board.
HKMA and China agree currency swap
The Hong Kong Monetary Authority (HKMA) and the People's Bank of China have signed a currency swap arrangement worth up to $29.2 billion.
France to ECB: lead charge for derivatives market
Christine Lagarde, the French finance minister, has called on the European Central Bank to spur efforts to set up a eurozone-wide financial infrastructure for derivatives, further scuppering US efforts to create a global market for the instruments.
UK inflation still in letter-writing territory
British CPI inflation in the year to December was 3.1%, down a full percentage point from the November figure but still significantly above the Bank of England's 2% target.
SWF nations poor on governance: SF Fed's Glick
A considerable gulf exists between the governance standards of the economies in which sovereign wealth funds have been established and the standards of the industrial economies in which they are seeking to invest, a paper co-authored by Reuven Glick, the…
Borrowing costly despite cuts: Zambia's Fundanga
The cost of borrowing in Zambia continues to be high despite policy efforts, said Caleb Fundanga, the governor of the Bank of Zambia.
Canada sees rates hit all-time low
The Bank of Canada cut its key rate to 1%, the lowest level in the central bank's 75-year history, on Tuesday and said that headline inflation would fall below zero later this year. However, the move was not enough to satisfy some in the markets who were…
Mary Schapiro: Here Comes the Sun
In recent months, the US Securities and Exchanges Commission (SEC) has been on the receiving end of severe criticism. Mark Berman, a former SEC lawyer who leads CompliGlobe Ltd, a London-based consultancy specialising in financial regulation and…
Trichet calls for a new economic paradigm
A paradigm change in the global economy is needed, said Jean-Claude Trichet, the president of the European Central Bank.
Bank granted new powers to aid markets
The Bank of England has been given new powers, including the potential to undertake quantitative easing, as part of renewed efforts to safeguard the financial system, announced by the British Treasury on Monday.
IMF lends to El Salvador, Serbia
The International Monetary Fund (IMF) on Friday said it would loan more than $1 billion to Serbia and El Salvador to ward off the threat of financial instability.
Saudi, UAE cut by 50 basis points
The Saudi Arabian Monetary Agency (SAMA) and the Central Bank of the United Arab Emirates (UAE) both cut their benchmark rates by half a point on Monday on signs that growth in the two economies, both of which rely heavily on oil exports, will slow in…
Tuvalu applies for IMF membership
Tuvalu is looking to become the 186th member country of the International Monetary Fund (IMF).