Central Banking
Canada's inflation success down to more than luck
The price level in Canada has strayed little from the path implied by the 2% inflation target because expectations and interest rates are determined in a way that is consistent with price-level-path targeting, research published by the international…
Six lessons from the recent turbulence
Hermann Remsperger, a member of the executive board at the Bundesbank, outlined the lessons that have emerged so far from the turmoil that has plagued financial markets since August.
Eurozone inflation hits record high
Eurozone inflation has climbed to its highest level since the European Central Bank was founded in 1999, an early estimate shows.
Fed to add another $60 billion in February
The Federal Reserve said on Friday that it will inject an extra $60 billion into the money markets through two term-auction facility operations.
Philippines lowers rates to 5%
The Central Bank of the Philippines's rate-setting monetary board on Thursday cut its key policy rate by a quarter-point to 5%.
Irish economy to weaken in 2008
The Central Bank & Financial Services Authority of Ireland on Friday said that the pace of growth was set to fall this year as a result of both international and domestic factors.
Qvigstad appointed deputy at Norway central bank
Jan Qvigstad, the head of monetary policy at the Bank of Norway, will succeed Jarle Bergo as deputy governor.
Fed faces uncertain times and difficult decisions
Stephen Cecchetti, the Rosenberg professor of global finance at the Brandeis International Business School, discusses why the outlook for the United States economy is so hard to call and if the Federal Reserve was right to cut rates.
Joint rate moves have little benefit
The gains from monetary policy coordination in the United States and the eurozone are small, research published by the European Central Bank finds.
Paper notes factors in EU inflation
Cross-country differences in inflation affecting all EU member states depend on gaps in the initial price level, changes in the nominal effective exchange rate, the quality of institutions and the economy's flexibility, research published by the…
Bank of Lebanon - Annual Report 2005/06
Lebanon's balance of payments recorded a positive result for the fourth consecutive year in 2005.
South Africa holds rates
The South African Reserve Bank's rate-setting board voted on Thursday to hold rates at 11%.
Fed profits up 13%
The Federal Reserve System was $38.6 billion in the black for 2007.
Pakistan rates up by half a point
The State Bank of Pakistan's rate-setting board has raised its benchmark interest rate by 50 basis points to 10.5%.
Finland appoints new financial markets head
The Bank of Finland has promoted Kimmo Virolainen to the position of head of financial markets and statistics.
Trinidad's Williams: "We can make it if we try"
Trinidad and Tobago can succeed in establishing a secondary market for government securities, said Ewart Williams, the governor of the central bank.
Poland raises rates to 5.25%
The National Bank of Poland's rate-setting monetary policy council opted to hike its benchmark reference rate by 25 basis points on Thursday.
Productivity gains lowered Swedish inflation
The rapid rise in Swedish productivity growth between 2002 and 2006 is an important explanation for low inflation, said Svante berg, a deputy governor at the Riksbank.
Central Bank of Libya - Annual Report 2006
Libya continued to privatise goods and services in 2006 in its bid to give private industry a greater role in the economy.
Instant cuts the right response to instability
Monetary policy that responds instantly to increased credit risk performs better than a policy that follows the traditional Taylor rule, research published by the International Monetary Fund finds.
Old Lady could offer covert support under new rule
The British chancellor wants to introduce new rules allowing the Bank of England to give lender-of-last-resort support in secret.
Bank of England's King to get second term
Mervyn King has been granted a further five-year term as the governor of the Bank of England.
Indonesian governor a suspect in corruption case
Indonesia's anti-corruption authorities are investigating allegations made against Burhanuddin Abdullah, the governor of central bank, and two other officials.
SARB may hold rates
Recent power shortages may lead to a rethink on rate rises in South Africa.