Central Banking
FOMC can stick again unless data changes
Without changes in economic data, the Federal Open Market Committee can leave US interest rates alone next month too, and may as well issue the same statement too, says John Berry of Bloomberg in this article published Thursday 10 May.
Trichet signals June rate rise with 'vigilance'
European Central Bank president Jean-Claude Trichet told the ECB's press conference Thursday 10 May that ``strong vigilance'' is required to contain inflation. A hint that interest rates will rise at the next meeting.
BoJ's Fukui says low rates for too long will hurt
Bank of Japan governor Toshihiko Fukui told a seminar in Tokyo Thursday 10 May that interest rates need to rise gradually despite Japanese prices responding slowly to strong global demand.
Fed hold rates but concerned on inflation
The Federal Reserve left US interest rates unchanged Wednesday 9 May and acknowledged that the economy is slowing.
Interview with Paul de Grauwe
In an interview with EurActiv, published Thursday 10 May, Paul de Grauwe warns that "ill-founded" and "dangerous" criticism of the European Central Bank by newly elected French president Nicolas Sarkozy could threaten monetary union.
PBOC says credit growth still too high
The People's Bank of China said in its first quarter monetary policy report, published Thursday 10 May, that credit growth remains too high and it needs to maintain a reasonable level of expansion.
Chatham House City Series
Impact of extraterritorial regulation on the cross-border financial markets, Bloomberg Studios, London, 15th June 2007.
Canada's Dodge on exchange rate regimes
In the speech 'The importance of appropriate exchange rate regimes' given on 4 May David Dodge of the Bank of Canada said the Canadian dollar's rise in recent years has helped Canada maintain stable growth and inflation as commodity prices rose sharply.
IMF's Rato at the MIT Latin Conference
In a speech given on 27 April Rodrigo de Rato of the IMF said Latin America's future is not entirely in its own hands.
ECB's Trichet on the Lamfalussy approach
In a speech given on 9 May Jean-Claude Trichet of the ECB said the Committee of European Banking Supervisors (CEBS) has made significant progress so far and this has been acknowledged and appreciated by all interested parties, including the ECB and the…
ECB's Tumpel-Gugerell on making SEPA a reality
In the speech 'Making SEPA a reality - Involving the public sector in the Single Euro Payments Area' given on 8 May Gertrude Tumpel-Gugerell of the ECB said she is convinced that public administrations should remain competitive in an increasingly…
RBNZ Financial Stability Report, May 2007
The Reserve Bank of New Zealand published its May 2007 Financial Stability Report on 9 May. RBNZ governor Alan Bollard said that New Zealand's financial system has continued to be stable.
King and Co should do nothing either
According to this article from Bloomberg published Wednesday 9 May, there are plenty of reasons for the Bank of England to do nothing Thursday.
Bernanke and Co should do nothing
According to this article from John Berry at Bloomberg, published Friday 4 May, Federal Reserve officials will not change interest rates Wednesday amid conflicting evidence about where the US economy is headed.
Wolfowitz gets White House backing
The White House on Wednesday 9 May said it has continued full support for embattled World Bank president Paul Wolfowitz, who faces numerous calls to quit.
Hungary to name NBH deputy by 1 July
Hungarian central bank (NBH) governor Andras Simor will name by 1 July who will be the central bank's second deputy governor, local newswire MTI reported on Wednesday 9 May.
DNB's Wellink says 'no risk from M&A'
Dutch central bank president Nout Wellink said Wednesday 9 May he believes ABN Amro is an extremely strong bank and that customers should not fear a takeover.
Qatar cb focusing on transparency
Sheikh Abdullah bin Saud Al Thani, Governor of Qatar Central Bank (QCB), said Tuesday 8 May that the QCB will give high priority to strengthening good corporate governance, transparency and accountability in the financial sector.
BoE says efficiency push may harm stats
The Bank of England said in a submission to a parliamentary committee published on Wednesday 9 May that it is concerned that cost constraints are preventing the UK's Office for National Statistics from doing a proper job.
IMF paper: Jordan's international reserve position
This IMF Working Paper uses several traditional measures of reserves adequacy to compare Jordan's reserve holdings with other emerging market countries.
SARB's Mboweni on the global economy
In the speech 'Risks and challenges facing the global economy' given on 4 May Tito Mboweni of the South African Reserve Bank said currently the world economy is characterised by generally strong growth and low inflation.
ECB's Tumpel-Gugerell on financial integration
In the speech 'Financial integration, modernisation and competitiveness in Europe: achievements and challenges' given on 7 May Gertrude Tumpel-Gugerell of the ECB said minority shareholders need more protection against abuses by company insiders.
RBA's Lowe on non-banks in the payments system
In the speech 'Non-banks in the payments system: A central bank perspective' given on 4 May Philip Lowe of the RBA said our approach to oversight has focused on the various functions involved in making a payment from one person to another.
Norges Bank - Annual Report 2006
According to the Norges Bank's Annual Report 2006, inflation has been low and stable and remained fairly close to, but somewhat below 2.5%.