Central Banking
Canada reviews financial stability
Tensions in Canadian credit markets have been somewhat less severe than those in the United States, the latest Financial Stability Review from the Bank of Canada concludes.
IMF on how to insure against external shocks
A new International Monetary Fund paper finds the level of reserves required to self-insure against external shocks for two of the world's most vulnerable regions.
UK inflation to top 4%: BoE's King
Mervyn King, the governor of the Bank of England, has warned that UK annual inflation will rocket to more than 4% in the coming months.
Basel Committee issues liquidity guidelines
The Basel Committee on Banking Supervision, an influential group of global regulators, has issued its draft proposals to improve liquidity risk management and supervision.
Online petition set up to stop ECB rate hikes
A French economist has set up an online petition to muster opposition to the European Central Bank's likely rate hike in July.
Fed accused of stalling on Chinese bank licences
Chinese officials have said the Federal Reserve is delaying the approval of banking licences for two of its biggest banks as part of a political ploy.
Turkey raises rates to 16.25%
The Central Bank of Turkey added 50 basis points to the cost of borrowing on Monday in its first policy vote since abandoning its 4% inflation target.
Fed's Lacker: US may avoid recession
Growth has been slow for 2008, but the US has avoided a recession and the odds of a severe downturn appear to have fallen, said Jeffrey Lacker, the president of Richmond Fed.
External supervision enhances governance: IMF
A new paper from the International Monetary Fund finds that the likelihood of establishing adequate governance arrangements is higher when the supervisor is located outside the central bank.
RBA justifies third-straight rate hold
Australia's monetary-policy makers concluded that, on current policy settings, the necessary moderation in demand growth was likely to occur and so left interest rates unchanged at 7.25% for the third meeting in a row.
Productivity is the priority for Fiji
Savenaca Narube, the governor of the Reserve Bank of Fiji, called for the authorities to increase economic growth by raising productivity.
Reform on track: FSF's Draghi
Efforts by an influential group of supervisors to reform financial markets in the wake of the credit crunch are going to plan.
IMF to probe oil-price surge
The International Monetary Fund (IMF) responded to the G8's request for an investigation into the recent rise in oil prices, saying that it will carry out the work.
Runaway Eurozone inflation hits fresh high
Annual inflation in the euro area surged in May to a record high of 3.7%, up from 3.3% the previous month.
HKMA's foreign assets fall HK$6.3 billion in May
The Hong Kong Monetary Authority has reported significant foreign asset losses for its Exchange Fund during May.
National Bank of Belgium revamps website
The National Bank of Belgium re-launched its website on Monday in a bid to enhance access to its services and better publicise its work.
Payments after 2010
A new book from payments visionary Harry Leinonen of the Bank of Finland looks at how people will make and receive payments in the second decade of the 21st century and beyond.
Bank of England bulletin for Q2
The Bank of England released its second Quarterly Bulletin for 2008 on Monday.
Real convergence and EU growth
An occasional paper from the European Central Bank focuses on real convergence and its determinants in candidate and potential candidate countries for joining the euro.
When fair value met market turmoil
A new paper from the Basel Committee's Accounting Task Force and Risk Management and Modelling Group looks at how new accounting treatments and techniques stood up in the face of the recent market turmoil.
Czech deputy queries Slovak rules to fix prices
A deputy governor at the Czech National Bank has questioned Slovakia's measures to limit inflation in the run-up to its adoption of the euro.
Top lawyer slams FSA for Rock failure
The Financial Services Authority (FSA), the UK's industry regulator, was shockingly lax and inept in its regulation of Northern Rock, a leading regulatory lawyer has said.
Bosnia agrees data swap with banking regulator
The Central Bank of Bosnia and Herzegovina will exchange banking data with the country's financial regulators in a bid to foster stability.
Inflation of paramount importance: BoE's Tucker
A senior Bank of England official has underlined the institution's "overriding" commitment to its 2% inflation target.