Central Banking
Improvement needed before hiking rates: Fukui
Borrowing costs in Japan will only be raised after data show a pickup in growth and prices, according to Toshihiko Fukui, the governor of the Bank of Japan.
Central Bank of Chile - Annual Report 2006
The Chilean economy benefited from a higher-than-expected rise in the price of copper in 2006.
Avoid absorbing default losses, central banks told
Central banks should beware of injecting funds aimed at absorbing losses associated with defaults to provide risk sharing, according to research published by the Bank of Canada.
Kroszner suggests rules to avert another subprime
US financial regulators need to introduce a set of guidelines on loan modifications in the wake of the subprime crisis, according to Randall Kroszner, a governor at the Federal Reserve.
Palestine Monetary Authority governor resigns
George Abed, the governor of the Palestine Monetary Authority (PMA), resigned on Sunday after a controversial term during which the country's economy came under heavy pressure.
No new currency this year: Zimbabwe's Gideon Gono
Gideon Gono, the governor of the Reserve Bank of Zimbabwe, told a local Sunday newspaper that the country will not issue a new currency this year.
Australia to raise rates during election campaign?
Economists are convinced that Glenn Stevens will become the first governor of the Australian central bank to raise interest rates in the midst of an election campaign.
Qatar may not track Fed moves
In comments that throw the future of a currency union in the Gulf in further doubt, the governor of the Qatari central bank has suggested the central bank could deviate from its usual practice of shadowing the Fed's monetary policy decisions.
New payments model needed, says RBI
The Reserve Bank of India (RBI) has suggested that a change in its regulatory regime, allowing migration to a new payments model featuring the use of mobile phones and pre-paid cards, could soon be under way.
Paper on inflation targeting
This research paper shows how the inflation-targeting regimes of Australia, Canada and New Zealand, has developed over time.
Central Bank of Bahrain - Annual Report 2006
Central Bank of Bahrain (CBB) has published its first annual report, since changing its name from the Bahrain Monetary Agency (BMA).
Paper on the price level stability
This research paper from the Bank of Portugal provides an overview of the arguments for assessing the case for price level path stability (PLPS).
Zeti on financial stability challenges
In this speech, Dr Zeti Akhtar Aziz, the governor of Bank Negara Malaysia, says that as the international and domestic financial landscape continues to transform, the quest to secure financial stability has become increasingly challenging.
Germany to limit SWF takeovers to 25% stake
Germany plans to stop foreign takeovers of local companies if deemed a threat to national security by banning any deal that gave overseas investors 25% or more of any company seen as key to German interests.
Hints of rate rise from the Bank of Japan
The strong performance of Japan's economy will continue despite global economic uncertainties reflecting fears such as the US subprime mortgage crisis, according to Toshihiko Fukui, the governor of the Bank of Japan.
London office for US regulator?
Christopher Cox, the chairman of the Securities and Exchange Commission (SEC), the chief regulator in the US, said it would select either London or Brussels for its European office, part of its strategy of building a closer relationship with its foreign…
Canadian dollar begins to slide
The Canadian dollar fell on Thursday from an all-time high as worries grew over the effect of the US subprime mortgage crisis on corporate profits and stocks slumped. Analysts said that the market was "definitely overextended".
Czech koruna may gain more than predicted
The koruna should appreciate by more than previously predicted, according to minutes from the 25 October board meeting of the Czech National Bank.
Polish cb says inflation rate will top target
Inflation will exceed its 2.5% target in 2007 and breach 3.5% by the second half of next year according to the National Bank of Poland's latest quarterly inflation outlook.
Reserve Bank of India -Annual Report 2006-2007
Real GDP growth in India accelerated to 9.4% in 2006-07 from 9.0% in 2005-06, boosted by the double digit growth in the services and industrial sectors.
Financial market perceptions of recession risk
Corporate credit spreads embed key information about the likelihood of recession one year ahead.
Enhancing economic growth in Zambia
Caleb Fundanga, the governor of the Bank of Zambia, speaking in Lusaka on October 29 2007, said that that low inflation coupled with a developed and stable financial system, will enhance higher economic growth.
SARB - Financial Stability Report, September 2007
The South African Reserve Bank published the latest edition of its Financial Stability Report in September.
The future of the IMF
Getting the emerging markets involved is the right way to go, says Norbert Walter, the head of economic research at Deutsche Bank, in this op-ed piece written for Central Bank News.