Central Banking
Turkey's Yilmaz on factors influencing food costs
Both supply and demand factors have contributed to the recent surge in food prices, said Durmus Yilmaz, the governor of the Central Bank of Turkey.
Poor institutions hinder fiscal policy
The quality of nations' institutions impacts the effectiveness of fiscal policy, research published by the Central Bank of Chile finds.
Central Bank of Madagascar - Annual Report 2007
Madagascar achieved a positive balance of payments for the 12th consecutive year, the Central Bank of Madagascar's latest Annual Report states.
World Bank's Cirasino says focus is on retail payments
Central banks must shift their focus to improving retail payments, says the head of the payment systems development group at the World Bank
Delhi defies expectations, names new governor
Delhi has named Duvvuri Subbarao, a finance secretary, the new governor of the country's central bank, confounding expectations of a second term for the incumbent Y.V. Reddy.
SARB to clarify Mboweni's mixed messages on future
The South African Reserve Bank will attempt to set the record straight on Tito Mboweni's future on Tuesday after the governor appeared to contradict himself on his plans for a third term in an interview given over the weekend.
EU central banks to devise reform agenda for Serbi
Eighteen European Union (EU) central banks are to collaborate on a report to determine the future strategy of the National Bank of Serbia.
Georgia acts on liquidity shift
The National Bank of Georgia has altered the way in which it pumps funds into the banking system on the back of changes in liquidity conditions.
Fed's Kroszner dismisses decoupling
The recent turmoil has served to reaffirm the adage that when the US sneezes the rest of the world catches a cold, a senior Federal Reserve official has argued.
Fed will shun Mishkin's call for explicit goal
Despite Frederic Mishkin's rigorous advocation, much stands in the way of the departing governor's wish for the Fed to adopt an explicit inflation goal. But it may not need to, writes Claire Jones, the editor of Central Bank News.
Sri Lanka's Wijewardena on turbulent times
In uncertain economic environments, it is even more important that central bankers function consistently and firmly, without fear or favour, notes W.A. Wijewardena, a deputy governor at the Central Bank of Sri Lanka.
Reserve Bank of India - Annual Report 2007-2008
Although growth moderated marginally, the year to June 2008 was the third year in succession in which the Indian economy expanded by 9% or more, the Reserve Bank of India states in its latest Annual Report.
The tasks of the National Bank of Denmark
The National Bank of Denmark has published a report aimed at the general public outlining its main objectives.
BoE's Blanchflower steps up call for cuts
David Blanchflower, a member of the Bank of England's monetary policy committee (MPC), issued an apocalyptic forecast about Britain's economic prospects, and urged immediate interest rate cuts of at least 25 basis points to prevent the country falling…
Czech's Tuma taciturn on koruna's slump
Zdenek Tuma, the governor of the Czech National Bank (CNB), has said he sees "no need to comment" on recent fluctuations in the value of the koruna against the euro.
Indian growth slows
The Indian economy grew by an annual rate of 7.9% in the second quarter, the slowest rate of growth in more than three years, and down from the 9.2% expansion registered in the second quarter of 2007.
Japan inflation hits highest level for a decade
Japanese annual inflation jumped 2.4% in July, up from 1.9% in June.
Rate cuts alone can't combat crunch: Draghi
Monetary policy cannot be the only, or even the main tool, for reflating the economy and the financial system, said Mario Draghi, the governor of the Bank of Italy.
An agent-based model of payment systems
A new research paper by the Bank of England lays out a multi-agent, multi-period model of a Real-Time-Gross-Settlement system.
IMF's Lipsky on the benefits of transparency
The benefits of central bank transparency should be remembered despite some drawbacks, said John Lipsky, the first deputy managing director of the International Monetary Fund.
Central Bank of Cyprus - Annual Report 2007
Cyprus's successful euro accession was the culmination of the collective efforts of the country's finance ministry and central bank, notes Athanasios Orphanides, the governor of the Central Bank of Cyprus, in his foreword to the institution's latest…
Divorcing money from monetary policy
By paying interest on reserve balances at the central bank's target interest rate, a central bank can increase the supply of reserves without driving market interest rates below its target, says a new paper from the New York Federal Reserve.
Malta - Quarterly Review
A slump in Maltese exports in the first quarter of 2008 had a negative impact on growth, the latest Quarterly Review from the Central Bank of Malta, published in August, states.
T&T's Williams: Caribbean proving resilient
Enhancements to the Caribbean's financial sector have insulated the region from the fallout of the credit crisis, said Ewart Williams, the governor of the Central Bank of Trinidad and Tobago.