Central Banking
British business calls on Bank to cut rates
One of the most influential lobbying groups for British businesses has urged the Bank of England to cut rates soon.
Fiscal discipline an essential investor benchmark
A country's primary balance - its fiscal balance minus any interest payments - is an important signalling device to investors regarding sovereigns' commitment to repay debts, finds new research form the Central Bank of Turkey.
Malta - Annual Report 2007
Fiscal policy is the only short-term countercyclical instrument available since Malta joined the eurozone, said Michael Bonello, the governor of the Central Bank of Malta, in the latest Annual Report.
Portugal: components of exports shifting
The share of Portugal's exports of parts and components has more than doubled since the late 1980s, a new paper from the country's central bank states.
RBI: in support of interest futures
The Reserve Bank of India has published details of new measures to strengthen the development of the country's interest-rate future markets.
Bank of Canada Review - summer 2008 edition
The Bank of Canada has published the spring edition of its Economic Review.
Turkey: past FX intervention worked
Direct foreign-exchange market interventions carried by the Central Bank of Turkey between 2002 and 2005 led to a fall in predicted volatility in the foreign-exchange market, a new paper from the central bank finds.
China: credit information crucial
Credit information is a key priority for the People's Bank of China, said Su Ning, a deputy governor of the central bank.
China shifts stance as inflation falls
The People's Bank of China has moved from a tightening to a neutral monetary-policy stance on the back of a drop in inflation in recent months.
Chile stands tough on inflation
The Central Bank of Chile raised rates to 7.75%, their highest level since December 1998, and warned that it was likely to hike again.
UK regulator slaps $10m fine on Credit Suisse
Credit Suisse, a Swiss bank, is to shell out £5.6m ($10.4m) in fines for mispricing a number of asset-backed securities.
China to set up FX unit to control renminbi
The People's Bank of China will establish a foreign-exchange department to help manage the appreciation of the renminbi.
Mexico hikes again, but further moves unlikely
The Bank of Mexico raised rates for the third straight month on Friday but signalled that it would hold in the coming months in signs of a slump.
Eurozone economy shrinks in second quarter
The eurozone economy looks to have shown a quarterly contraction for the first time since the euro was introduced.
South Africa signals end to rate hikes
The South African Reserve Bank's tightening cycle appears to be at a close after the Pretoria-based central bank held rates at 12% on Thursday.
US inflation soars to 5.6%
US inflation hit its highest level since 1991 in the year to July.
China moves to counter Olympic frauds
The People's Bank of China is introducing measures to avoid an upsurge in fraud during the Olympics.
RBA hints at September cut
Ric Battelino, the deputy governor at the Reserve Bank of Australia, on Thursday gave the central bank's strongest sign yet that it will cut rates at its next monetary policy meeting on 2 September.
RBA's Lowe on financial cycles
Proposals for banks to accumulate capital buffers in the good times might help smooth out the swings in the credit cycle, said Philip Lowe, an assistant governor of the Reserve Bank of Australia.
Real exchange rates and monetary policy
Reserve Bank of Australia, the Bank of Canada and the Bank of England pay close attention to real exchange-rate movements, while the Reserve Bank of New Zealand does not, new research from the Bank of Canada finds.
Unemployment rate and benefits relationship
A new paper from the Federal Reserve Bank of Philadelphia investigates the impact of unemployment benefits on the jobless rate.
ECB: inflation is here to stay
The European Central Bank sees increasing upside risks to price stability over the medium term, according to the central bank's August monthly bulletin.
Botswana to continue tightening
The Bank of Botswana will maintain its restrictive monetary policy, Linah Mohohlo, the governor of the central bank, said in the opening remarks to the mid-term monetary policy statement.
Asia needs to start raising rates
The recent rise in food prices will significantly impact inflation in Asian economies, according to new research from the Hong Kong Monetary Authority.