Central Banking
Israel at odds with major bank over CEO role
The Bank of Israel has criticised the state's second-largest bank for the lender's hasty appointment of a new chief executive.
Trichet says shush on possible new tools
Jean-Claude Trichet, the president of the European Central Bank (ECB), has said that the Governing Council's omerta on interest rates a week before meetings must be extended to include possible additional tools that may be announced next Thursday.
Research puts a price on systemic threat
Research from the Bank for International Settlements (BIS) estimates that the cost of insuring against steep losses at major American banks had increased to up to $250 billion as of July 2008.
Turkey on target to meet price goals
The Central Bank of Turkey believes it is on course to meet its inflation targets for the next three years.
Fed's Braunstein on financial-literacy efforts
Sandra Braunstein, the director of the division of consumer and community affairs at the Federal Reserve, has detailed to lawmakers the work of the central bank on financial literacy.
Lamfalussy: the college years
The National Bank of Belgium has published a working paper analysing the work of the young Alexandre Lamfalussy.
Rate pledge already benefiting us: Canada's Carney
Mark Carney, the governor of the Bank of Canada, has said that the central bank's unprecedented promise to hold rates at record lows until at least June 2010 was already having a positive effect on credit conditions in Canada.
Fed stress tests may reveal need for more capital
Shares in Citi and Bank of America, two of the United States's biggest banks, were hit on Tuesday after reports emerged that the Federal Reserve would require them to hold more capital as a result of the central bank's stress tests.
More transparency on Maiden Lane
The New York Federal Reserve on Wednesday disclosed further details of the assets held as collateral for the central bank's loans to Bear Stearns, a now-defunct investment bank, and American International Group (AIG), a beleaguered insurer.
Banks right to lend cautiously: BoE's Barker
The British government's strategy of encouraging British banks to lend received a setback on Wednesday after Kate Barker, a member of the Bank of England's Monetary Policy Committee (MPC), said that she could understand their reluctance to lend.
Singapore warns on swine flu
Singapore's central bank said on Wednesday that swine flu will exacerbate the already severe downturn being felt by south-east Asia's most open economy.
Trichet emphasises lack of confidence
Jean-Claude Trichet, the president of the European Central Bank, has claimed the role of policymakers in this stage of the crisis is to restore confidence.
A new model for inflation targeting
This International Monetary Fund paper presents a new model of inflation targeting, taking greater account of the importance of changes in the credibility of policymakers.
House prices impacted by monetary policy
A working paper from Norges Bank finds that house prices are linked to monetary-policy shocks in the Norwegian, Swedish and British economies.
Some facts about the British labour market
Research from the Bank of England has uncovered that almost a quarter of Britain's workforce is employed by the state.
Nigeria signs pact to host African central bank
Africa has moved another step closer to establishing a continental central bank after Nigerian lawmakers and African Union officials signed a memorandum of understanding to house the regional hub in Abuja, the country's capital.
Iceland's Oddsson says he did spot flaws
David Oddsson, the former governor of the Central Bank of Iceland who presided over the country's financial meltdown, has said he did warn of the dangers posed by the country's over-reliance on the banking sector.
FDIC's Bair condemns too big to fail
The idea of banks being too big to fail should be consigned to history, Sheila Bair, the head of the Federal Deposit Insurance Corporation (FDIC), the American regulator, has said.
Malaysia steps up liberalisation agenda
Bank Negara Malaysia on Monday announced a raft of measures to further liberalise the country's financial markets.
Global imbalances and petrodollars
Research published by the International Monetary Fund explores oil exporters' role in our understanding and the resolution of global imbalances.
BoE's Haldane on lessons from natural disasters
There is much to be learnt on dealing with financial crises from natural disasters, Andrew Haldane, the executive director for financial stability at the Bank of England, has noted.
Research notes three trends in currency crises
Research published by the Bank of England on the role of external balance-sheet variables as determinants of currency crises has three key findings.
Boston Federal Reserve - Annual Report 2008
The Boston Fed has published its Annual Report for last year, which features an article warning about a possible brain drain from the area.
DSK notes discord on exit strategies
Public officials are divided on how best to abandon crisis-fighting policies once economies recover, Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF), has said.