Central Banking
Research deputy to replace Poole at St Louis Fed
James Bullard, the deputy director of research for monetary analysis at the St Louis Federal Reserve, will replace William Poole as the president of the central bank.
Mauritian key rate down to 8.5%
The Bank of Mauritius chopped half a point off its benchmark repo rate on Monday 24 March.
Money matters in the US and euro area
A new paper from the Bank of Spain provides structural estimates for money and the natural rate of interest for the United States and the euro area.
Czech capital markets: growth and regulation
This presentation from Vladimir Tomsik, a board member of the Czech National Bank, sets out how the Czech capital markets have grown and how the regulatory environment has changed over the last 20 years.
Mauritius' Bheenick on bond-market growth
The Bank of Mauritius is considering a proposal from the World Bank for the government to allow them to issue Mauritian-rupee denominated or linked bonds, explained Rundheersing Bheenick, the governor of the central bank, at a workshop on local currency…
Monetary policy decisions: inputs and outcomes
A new paper from the Bank for International Settlements compares the practices of research and briefing prior to monetary policy decisions at several central banks, and looks at how decisions are presented and explained to markets and the public.
Bank's extra cash to stay in system until April
The Bank of England said on Thursday 20 March that it would carry over the emergency £5 billion ($10 billion) injection made on Monday until just before its next rate-setting meeting.
Pension plans could limit Greek independence: ECB
The European Central Bank (ECB) has spoken out against the plans to reform Greece's pension system, which sparked a strike at the country's central bank earlier this month.
FSA to launch probe as Bank counters HBOS rumours
The British financial regulator has confirmed that it is to investigate share dealing made on the back of rumours that HBOS, a British bank, was short of liquidity. The Bank of England has also taken the highly unusual step of calling the British press…
South African politicians want say on rate votes
Lawmakers have called on the South African Reserve Bank to take their opinions into account when setting rates.
Turkey keeps rates on hold
The Central Bank of Turkey has left rates unchanged for the first time in seven months.
Weaknesses prevail: Philadelphia Fed survey
The latest edition of the Philadelphia Federal Reserve's influential Business Outlook Survey shows that the region's manufacturing sector is continuing to experience weaknesses.
BoJ sets out risk management guidelines
The market instability triggered by the US subprime mortgage problem reaffirms the importance of investors accurately recognising and appropriately managing risk, research published by the Bank of Japan states.
Latin America to escape worst of subprime hit
Latin America is likely to emerge from the current bout of global market turmoil relatively unscathed, said Anoop Singh, the director of the Western Hemisphere Department at the International Monetary Fund.
Masaaki Shirakawa for governor?
Masaaki Shirakawa, newly-appointed acting governor of the Bank of Japan, is in the frame for promotion to the top job. He certainly would make the ideal candidate for the position.
Japan without a governor as Fukui steps down
Political squabbling has left the Bank of Japan leaderless at a time of heightened global uncertainty.
April rate cut more likely on back of BoE minutes
Market expectations of an April rate cut rose after the publication of the minutes of the Bank of England's latest Monetary Policy Committee meeting.
Nepalese governor found guilty of corruption
Bijaya Nath Bhattarai, the governor of the Nepal Rastra Bank, has been found guilty of corruption and sacked, media reports said on Wednesday 19 March.
Global warming to exacerbate price pressures
Christian Noyer, the governor of the Banque de France has warned that climate change is set to compound inflationary pressures.
Georgia holds rates at 11%
The National Bank of Georgia on Wednesday 19 March kept rates on hold, after hiking by a full percentage point last month.
How history will judge Fukui
Fukui's term at the helm of the Bank of Japan should be seen as a success but the departing governor failed to fulfil his early promise, says Colin Asher, a senior economist at Nomura, an investment bank.
Hong Kong's RTGS passes share-dealing-surge test
Optimisers in Hong Kong's high-value payments system meant it was able to cope with the explosion in initial purchase offers and lively market trading in 2007, Esmond Lee and Sara Yip, two members of the Financial Infrastructure Department at the region…
Central banks must communicate with care
While their abandonment of mystique and secrecy is to be commended, central banks' must recognise that more communication is not always better, research published by the International Monetary Fund states.
Yilmaz on the causes of Turkey's economic rise
The strong performance of the Turkish economy over the past six years can be attributed to the country's ambitious structural reform agenda, stated Durmus Yilmaz, the governor of the Central Bank of the Republic of Turkey.