Central Banking
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.
Strauss-Kahn takes over at IMF
Dominique Strauss-Kahn, France's former finance minister, began his five-year term at the International Monetary Fund (IMF) on Thursday. He acknowledged that he is taking over at a time when the Fund desperately needs reform and to reach out to emerging…
New Zealand adapts as regulatory role expands
The Reserve Bank of New Zealand said on Thursday that it would restructure its financial stability department in order to cope with the central bank's expanding role in maintaining the country's financial system.
Dollar at all-time low against euro after Fed cut
The greenback reached a record low against the euro following the Federal Open Market Committee's decision to cut rates by 25 basis points. At its peak, the euro was worth 1.4504 against the dollar on Thursday.
ECB faces hard choices as inflation hits 2.6%
Inflation in the euro area rose to 2.6% in October - half a percentage point higher than in September, according to statistics published by the Eurostat, the EU statistics office.
Iceland makes surprise rate hike
The Central Bank of Iceland's rate-setting board unexpectedly decided on Thursday to raise its benchmark policy rate by 45 basis points to 13.75%.
Central Bank of Barbados - Annual Report 2006
Unemployment in Barbados hit an all-time low of 7.6% in 2006.
How monetary policy responds to uncertainty
Under conditions of uncertainty, optimal monetary policy responds more to price and wage inflation than to natural-rate terms, according to research published by the Federal Reserve.
New law will improve Bank of Israel, says Fischer
Israel's new central bank law will create a more independent, accountable and transparent institution, according to Stanley Fischer, the governor of the Bank of Israel.
Japan holds rates for eighth consecutive month
The Bank of Japan's rate-setting board has kept the target for the benchmark uncollateralised overnight call rate at 0.5%.
Sweden hikes rates to highest level in five years
The Riksbank's rate-setting board on Tuesday decided to raise rates for the fourth time this year by 25 basis points to 4%.
India increases reserve ratio to dampen inflation
The Reserve Bank of India has hiked its cash reserve ratio from 7% to 7.5% in an effort to curb inflation. The revised ratio, which was announced as part of its mid-term review of annual policy for the 2007/08 financial year, will apply from 10 November.
Norway leaves key rate at 5%
The Bank of Norway's executive board decided on Wednesday to keep its benchmark sight deposit rate at 5%.
Poland holds rates
The National Bank of Poland's rate-setting council decided to hold rates on Wednesday after data revealed economic growth will be slightly weaker than expected.
The impact of innovation on systemic risk
The pace of financial innovation has led to an increasingly complex and interconnected financial system. But what effect does this have on systemic risk?
Bank of Angola - Annual Reports 2001 to 2004
The Bank of Angola has published a single document containing annual reports for the years between 2001 and 2004.
Albania to get regulatory overhaul soon
The Bank of Albania will soon implement rules to lower the risk of financial instability, according to Ardian Fullani, the governor of the central bank.
Monetary policy must put inflation first: Weber
Monetary policy's primary role is to guarantee price stability, said Axel Weber, the president of the Bundesbank.