Central Banking
UK inflation falls as King writes letter
British inflation fell in November but remains far above the Bank of England's target, obliging Mervyn King, the governor of the central bank, to write another letter explaining why inflation remains so high and what the Bank is doing to bring it down.
Norway to tap oil wealth
The Norwegian is expected to spend more of its oil revenues to avoid a severe recession, and might draw on the assets of its $332 billion (£222 billion) sovereign wealth fund to finance a new fiscal spending package.
Cameron talks tough on bankers
David Cameron, the leader of the opposition Conservative Party in Britain, has talked tough on going after "irresponsible" City bankers.
Saudi announces half-a-point cut
The Saudi Arabian Monetary Agency, Saudi's central bank, reduced its repo rate from 3% to 2.5% on Tuesday.
Swedes and Danes offer €500m swap to Latvia
The Danish and Swedish central banks offered swap lines worth half a billion euros to Latvia's central bank on Tuesday.
Hildebrand calls for restrictions on leverage
Philipp Hildebrand, the vice-chairman of the Swiss National Bank (SNB), said excess leverage was the main cause of financial fragility and the current global banking crisis, and called for restrictions on leverage ratios.
Bank of Uganda - Annual Report 2007
In 2007 Uganda's economy faced strong exogenous inflationary pressures, notes the latest Annual Report from the Bank of Uganda.
Trinidad and Tobago's Williams on SME
The small- and medium-sized enterprise (SME) sector is a major provider of employment in the domestic economy, said Ewart Williams, the governor of the Central Bank of Trinidad and Tobago.
Impact of retail market structure on prices
Changing retail market structure in the Czech Republic was responsible for an average yearly decrease in prices of 0.8 percentage point during 2000-05, this paper from the Czech National Bank finds.
Coordinating prudential supervision
This IMF paper argues that Europe need closer coordination between its prudential supervision and financial safety nets.
Ireland announces €10bn bank bailout
The government of Ireland pledged up to €10bn for recapitalising ailing banks in a bid to encourage lending and limit the damage on the real economy.
Fingers pointed at SEC in Madoff affair
The Securities and Exchange Commission (SEC), a leading American regulator, is under fire for failing to spot alleged investment fraud by Bernard Madoff.
IMF to cut growth forecast
The International Monetary Fund (IMF) will cut its forecast for growth in the global economy in 2009, its managing director said.
BoE survey confirms household squeeze
The results of a survey of household finances, published on Monday by the Bank of England, finds that 71% of British homeowners and tenants have experienced declines in their disposable income in September compared with the same month last year.
Venezuelan governor passes away
The governor of the Central Bank of Venezuela, Gaston Parra Luzardo, died in hospital over the weekend. He was 75.
ECB - Financial Stability Review
The European Central Bank released their bi-annual Financial Stability Review on Monday, which highlighted four key risks and vulnerabilities for the financial system.
Explaining female labour participation
This paper by the Federal Reserve Bank of Boston examines the reasons for changes in the participation of married woman in the US labour market.
Global monetary policy and domestic stability
This paper by the Cayman Islands Monetary Authority examines the implication of improvements in global monetary-policymaking on the macroeconomic performance of small open economies.
South Africa explains changes to exchange-rate ind
This note by the South African Reserve Bank explains historic changes to calculation of the country's effective exchange-rate indices.
Economists call for European stabilisation fund
The absence of a single European debt market is holding the euro back as a reserve currency in a time of extreme risk aversion, argue Daniel Gros and Stefano Micossi.
Rouble's slide continues
The Russian central bank on Thursday allowed the rouble to depreciate further, as the drain on its foreign reserves continued unabated.
RBNZ to accept corporate debt
The Reserve Bank of New Zealand has announced a number of changes to its market operations, mostly significantly accepting domestic corporate securities as collateral for central bank loans. The paper must have a long-term credit rating of BBB- or higher.
China, Korea sign new swap line
Monetary authorities in China and South Korea have signed a new foreign-currency swap deal, the Chinese central bank announced on Friday.
Vietnam shuffles senior managers
The State Bank of Vietnam announced eight new senior managers in a major reshuffle at the central bank.