Central Banking
RBA's Stevens sees inflation falling
Inflation will remain uncomfortably high until the end of the year but should fall back after, Glenn Stevens, the governor of the Reserve Bank of Australia, has said.
Bank of Jamaica - Annual Report 2007
During 2007, the Bank of Jamaica was confronted with several challenges to price stability, the institution's latest Annual Report states.
Russia did act on rouble fall: Deputy Ulyukaev
Alexey Ulyukaev, a first deputy chairman at the Central Bank of Russia, confirmed Friday that the central bank had intervened to shore up the rouble.
New RBI governor pledges to fight inflation
Duvvuri Subbarao, who took the helm at the Reserve Bank of India on Friday, has said fighting inflation is his "immediate priority".
PBoC in finance ministry talks for capital: report
The People's Bank of China is in talks with the country's finance ministry to shore up its capital base, the New York Times, a newspaper, said Friday.
Chile lifts rates to ten-year high
The Central Bank of Chile raised its key rate by half a point for the fourth straight month to 8.25%, its highest level since November 1998.
Rate cut proves RBA wrong: ex-governor Fraser
Bernie Fraser, a former governor of the Reserve Bank of Australia, has said that the central bank's September rate cut confirms it misjudged the economic climate in raising rates earlier this year.
Why less Italian women work
The difficulties involved in reconciling work and family when there are children are among the leading causes of the low female employment rate in Italy, research published by the country's central bank finds.
IMF reviews response to turmoil
International Monetary Fund research analysing the response to the recent credit crunch suggests that central banks should develop common elements in their operational frameworks.
We deserve praise: Philippines' Tetangco
Amando Tetangco, the governor of the Central Bank of the Philippines, believes the institution's Monetary Policy Committee has performed well, all things considered.
Japanese productivity boosted by IT
Since the turn of the millennium, technological progress appears to have raised levels of Japanese productivity, new research published by the country's central bank finds.
ECB tweaks collateral requirements
The European Central Bank (ECB) on Thursday acted on fears banks were taking advantage of its collateral rules by applying a haircut of 12% to asset-backed securities.
IMF to loan Georgia $750m
The International Monetary Fund (IMF) looks set to lend Georgia $750m to help rebuild the country in the aftermath of its conflict with Russia.
SWF code a "valuable solution": IMF's Lipksy
John Lipsky, the first deputy managing director of the International Monetary Fund, has said that a voluntary code of conduct for sovereign wealth funds, provisionally agreed Tuesday, would help capital flow efficiently and promote global financial…
Riksbank hikes but hints at cuts to come
The Riksbank raised rates to a 12-year high on Thursday but indicated that it was likely to cut borrowing costs more sharply than previously thought next year.
Mexico's Ortiz to sit on IMF reform committee
Guillermo Ortiz, the governor of the Bank of Mexico, will be the only central bank representative on the International Monetary Fund's governance reform committee.
The Fed should have followed the shadows: Poole
The US economy would have performed better during the Great Inflation era if the Federal Reserve had implemented the policy of the Shadow Open Market Committee, new research co-authored by William Poole, a former president of the St Louis Fed, finds.
Beige Book signals economy remains weak
The latest edition of the Federal Reserve's Beige Book, which charts business conditions in the 12 districts overseen by the regional Feds, indicates the pace of economic activity remains slow across most of the US.
SA trade deficit narrows in second quarter
South Africa's trade deficit narrowed from 8.9% of GDP in the first quarter to 7.3% in the three months to June, the country's Reserve Bank reported on Thursday.
Switzerland won't escape slowdown: Jordan
Thomas Jordan, a member of the Swiss National Bank's governing board, believes the global economic decline is likely to reach Switzerland, albeit with a lag.
Argentine central bank funds to cover $6.7bn debt
Argentina's president said Tuesday that the authorities would dip into the central bank's coffers to repay the country's $6.7 billion debt to the so-called Paris Club group of creditor countries.
RBNZ's regulatory role expanded
Wellington has broadened the supervisory scope of the Reserve Bank of New Zealand, making the central bank responsible for the regulation of non-bank deposit takers.
Three regional Feds wanted discount rate rise
Directors of three regional Federal Reserves called for a quarter-point increase to the discount rate in July.
Canada holds, says policy appropriately loose
The Bank of Canada on Wednesday kept its key rate at 3% for the second straight vote, deeming rates "appropriately accommodative" given the risks to growth.