Central Banking
France's Noyer: we will beat inflation
"Is inflation set for a comeback?" asked Christian Noyer, the governor of the Banque de France, in a speech in Paris. It might look that way, but central banks can still save the day was his answer.
Riksbank paper on governance
A new working paper from Sweden's central bank provides an exhaustive study of governance arrangements across central banks.
RBA Financial Stability Review
The Australian financial system has coped better with the recent strains than have those of many other countries, notes the latest Financial Stability Report from the Reserve Bank of Australia.
Ethiopia makes arrests over fake gold scandal
Ethiopian anti-corruption officials arrested 26 people in connection with the discovery of 90 kilos of fake gold in the central bank's vaults.
SWF rules unnecessary: OECD chief
Angel Gurria, the secretary general of the OECD, has called on regulators to resist from unduly hampering sovereign investments.
South African inflation rockets to 9.4%
Soaring food and transport costs prompted South Africa's inflation rate to leap by more than half a percentage point in February.
Polish rate-setter hints at further hikes
A member of the National Bank of Poland's rate-setting board said he expected rates to surpass 6% following the decision to raise rates on Wednesday 26 March.
Qatar confirms SWF partnership with Abu Dhabi
A senior official at Qatar's sovereign wealth fund has said that it will make a series of joint investments with one of Abu Dhabi's four state-run investment vehicles.
Economy not policy accounts for differences: King
The marked contrast in the responses of the Federal Reserve, the Bank of England and the European Central Bank to the credit crunch is down to divergences in the economic conditions facing each central bank rather than policy stances, Mervyn King, the…
Regulator admits culpability for Rock run
The Financial Services Authority (FSA), Britain's financial supervisor, has said it failed to adequately regulate Northern Rock, the now state-owned UK mortgage lender.
ECB's Trichet calls for culture of transparency
Jean-Claude Trichet, the president of the European Central Bank, urged global financial regulators to create a more transparent and less cyclical economic order in the wake of the subprime crisis.
Romania raises rates to 9.5%
The National Bank of Romania hiked rates by half a percentage point for the third straight month as inflation hit 8%.
Estonia's Ross urges fiscal caution
Tallinn must pursue a frugal fiscal policy to ensure it meets the Maastricht criteria for euro adoption, said Marten Ross, a deputy governor at the Bank of Estonia.
The euro and Latin America
Lorenzo Bini Smaghi, a member of the executive board of the European Central Bank, offered five lessons that can be learned from economic and monetary union in a recent speech in Brazil.
Financial markets in Japan
This new report from the Bank of Japan looks at how financial markets in the country coped with the market turmoil triggered by the subprime woes in the second half of 2007.
Czech challenges in monetary policy
A new paper published by the International Monetary Fund concludes that Czech National Bank will have to raise rates if the proposed reduction of the inflation target in 2010 is not fully incorporated into public-sector behaviour and inflation is above…
Sri Lanka's Cabraal on emerging-market growth
Recent trends show that the world economy is no longer overwhelmingly reliant on the advanced economies, noted Ajith Nivard Cabraal, the governor of the Central Bank of Sri Lanka, in a speech at a recent conference in Karachi.
Iceland makes emergency hike as krona plummets
The Central Bank of Iceland raised rates by a massive 125 basis points to 15% on Tuesday 25 March, little over a fortnight before its next scheduled rate-setting meeting.
Costs rise for dollar loans despite $50bn auction
The Federal Reserve's latest Term Auction Facility operation failed to quell rising interbank tensions as money-market rates for one-month dollar loans climbed on Tuesday 25 March.
Israeli rates hit record low with half-point cut
The Bank of Israel cut its base rate to a new low of 3.25% on Monday 24 March.
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.