Central Banking
ECB's Papademos on economic performance
In the speech 'Economic performance, institutions, and human values' given on 2 May Lucas Papademos of the ECB said the European economy is currently experiencing robust economic growth which is expected to continue, benefiting from the ongoing strength…
Dodge on the Canadian economy
In a speech given on 2 May David Dodge of the Bank of Canada said domestic demand is likely to continue to be the main driver of growth in Canada.
Philadelphia Fed Annual Report 2006
The Federal Reserve Bank of Philadelphia's Annual Report 2006 tells the story behind the Bank's role in the largest consolidation of the Federal Reserve's check processing operations to date.
NY Fed issues hedge fund warning
In what Reuters describes as its "sternest warning to date" on the state of the hedge-fund business, the Federal Reserve Bank of New York said Wednesday 2 May that the funds could represent the biggest risk for a financial crisis since 1998.
ECB says planning new card payment oversight
The European Central Bank said on Thursday 3 May it is proposing a new cross-border framework to oversee all payment card systems using the euro.
Interview with Bank of England's Mervyn King
In an interview with the Financial Times published Thursday 3 May Mervyn King said the Bank of England was "clearly" failing to explain properly to markets how the Monetary Policy Committee was likely to respond to economic data.
Did Gambler Greenspan just get lucky?
Alan Greenspan is widely recognised as the world's greatest ever central banker, but according to research from the ECB referred to in this article from The Herald, published Tuesday 1 May, his success probably has more to do with luck than skill.
Is Bernanke wrong on inflation?
According to this article from Bloomberg on Monday 30 April, a housing slump in the US may drive the US economy into recession, prompting the Federal Reserve to cut interest rates.
Iceland's Oddsson on the commercial banks
In the speech 'The commercial banks are more resilient' given on 25 April David Oddsson of the Central Bank of Iceland said the crucial factor behind the central bank's assessment that the financial system is now more resilient to shocks is the banks'…
Bahrain's Al Maraj on financial market development
In the speech 'Brief review of Bahrain's financial market developments' given on 28 April Rasheed Mohammed Al Maraj of the Central Bank of Bahrain said a key element in our success as a nation has been the emphasis placed on developing our own human…
Jamaica's Anderson on supervision in the Caribbean
In the speech 'Effective conglomerate and consolidated supervision in the Caribbean' given on 13 April Audrey Anderson of the Bank of Jamaica said while the region remains fully committed to applying international best practice standards within…
Fed's Bernanke on the challenges of free trade
In the speech 'Embracing the challenge of free trade: Competing and prospering in a global economy' given on 1 May Ben Bernanke of the Federal Reserve said a move to a protectionist stance for threatened American industries and workers from foreign…
Dodge on Canada and free trade
In his opening statement to the House of Commons Standing Committee given on 1 May David Dodge of the Bank of Canada made similar comments to those of Ben Bernanke the same day, saying if the United States resorts to protectionist measures against major…
Ex-BoE George on 1997 independence
Former Bank of England governor Eddie George said in an interview with the Financial Times Wednesday 2 May that he didn't consider resigning when the BoE was given independence in 1997, relieving it of the role of supervising commercial banks.
Poland ready for euro, but Euro 2012 brings risks
Poland is ready to adopt the euro by 2012, but holding the Euro 2012 football championships will bring economic risks, Poland's finance minister told the Financial Times on Wednesday 2 May.
ECB's Liebscher: vigilance ensures stable prices
European Central Bank vigilance will safeguard future price stability and a stable euro, ECB Governing Council member Klaus Liebscher wrote in an Austrian newspaper on Wednesday 2 May.
Bahrain hosting Lebanon central bank team
The Central Bank of Bahrain has hosted a five-member team of officials from Banque du Liban, the central bank of Lebanon.
Brazil's Meirelles wants sustained growth
In comments to Reuters published Wednesday 2 May, the president of Brazil's central bank has described the country's economic ambitions, saying investors must continue to be attracted to the country and emphasising the need for sustained growth.
Bank of Namibia - Annual Report 2006
According to the Bank of Namibia's Annual Report 2006, despite tighter monetary conditions, the Namibian economy was estimated to have performed moderately better in 2006 than in 2005.
Fed Reserve Bank of St Louis Review, May/Jun 2007
The latest edition of the St Louis Fed's Review for May/June 2007 includes an article which uses extensive archival material from several countries, to bring together scattered information about Milton Friedman's views and predictions regarding U.S…
BoJ Outlook for Economic Activity & Prices, Apr 07
The Bank of Japan published the English version of its April 2007 Outlook for economic activity and prices report on 1 May. In the report the BOJ said Japan's economy is likely to realise "sustainable growth under price stability."
Kansas City Fed's Main Street Economist, 1 2007
As strong ethanol demand fuels a sharp rise in crop prices, rural America is cautiously optimistic, according to the latest edition of the Kansas Fed's Main Street Economist report.
SBP's Akhtar on the risk management paradigm
In the speech 'Pakistan - changing risk management paradigm - perspective of the regulator' given on 13 March Shamshad Akhtar of the State Bank of Pakistan said the changing economic and banking paradigm has increased the complexities and risk facing…
Failed bank rescue plan will impact on Basel II
This article from Chase Cooper, published Monday 30 April, asks whether the killing off of the Ecofin plan for rescuing failed banks will have implications for Basel II.