Central Banking
Rosenberg: Introducing own path for the repo rate
In the speech 'Riksbank to introduce own path for the repo rate' given on 17 January Irma Rosenberg of the Sveriges Riksbank said the central bank will start issuing its own repo rate forecasts when it publishes its predictions for inflation.
Fischer on the Bank of Israel's achievements
In the speech 'Bank of Israel's achievements' given on 2 January Stanley Fischer of the Bank of Israel said much of the recent criticism of the Bank of Israel is unjustified and petty, but some is justified, and we treat that part very seriously and are…
Basant Roi on the Bank of Mauritius' new HQ
In the speech 'Bank of Mauritius' new headquarters' given on 18 December R Basant Roi of the Bank of Mauritius said a particular feature of the new building is the wide range of special security provisions.
Theater of the absurd surrounds BOJ's decision
According to this article from Bloomberg, published Wednesday 17 January, the Bank of Japan may be about to lose even more of the credibility is has worked to restore.
BoT says cut rates to spur economy
The Bank of Thailand said Wednesday 17 January it cut its key interest rate for the first time in more than three years to spur the economy after currency controls.
Russia charges central banker murder suspect
Russian prosecutors on Wednesday 17 January charged a private banker with ordering the murder of Russian central bank first deputy chairman Andrei Kozlov.
ECB says pan-euro settlement system to cut costs
The European Central Bank said Tuesday 16 January it believes the implementation of an integrated securities settlement system in the euro zone could cut settlement costs by up to 90%.
Paper on monetary policy by committee
The Meeting Paper from the Society for Economic Dynamics 'The dynamic (in)efficiency of monetary policy by committee' develops a model where the value of the monetary policy instrument is selected by a heterogenous committee engaged in a dynamic voting…
UWE paper on monetary policy uncertainty
It is widely believed that institutional arrangements influence the quality of monetary policy outcomes. Judged on its 'transparency' characteristics, therefore the Bank of England should do better than both the Bundesbank and ECB, according to the…
Philippines' Tetangco on risk management
In the speech 'Central Bank of the Philippines' initiatives to strengthen risk management practices in banks' given on 6 December Amando M Tetangco, Jr of the Central Bank of the Philippines said BSP initiatives are geared towards simultaneously…
BoE's Sentance on inflation and the UK economy
In the speech 'Inflation and the supply side of the UK economy' given on 16 January Andrew Sentance of the Bank of England warned that the level of domestic demand in the UK needs to restrained in order to bring inflation back to the level targeted by…
ECB's Trichet says 'Welcome to the Euro'
In a speech at the Celebration "Welcome to the Euro" given on 15 January Jean-Claude Trichet of the ECB congratulated Slovenia for its successful integration with the euro area and the adoption of the euro.
ECB's Gonzalez-Paramo on Slovenia's euro entry
In the speech 'Welcome to the euro, farewell to the tolar' given on 15 January Jose Manuel Gonzalez-Paramo of the ECB said the introduction of euro cash in Slovenia represented a highly successful continuation of the 2002 cash changeover.
Kozlov's murder - the real story
Financing hundreds of thousands of illegal under-the-table deals requires huge sums of money. Every month, in Russia mountains of "black cash", are exchanged illegally behind the scenes. As long as this parallel system of financial settlement exists,…
HKMA says real-time bond system ready 5-6 weeks
The real-time settlement system for yuan-denominated bond issues in Hong Kong will be ready in 5-6 weeks, HKMA chief executive Joseph Yam said in Beijing Tuesday 16 January.
ECB says Slovenia's euro switch successful
Two weeks after the introduction of the euro banknotes and coins, the cash changeover in Slovenia has been successfully finalised in accordance with the plans, the European Central Bank said Tuesday 16 January.
Kyodo says BOJ unlikely to raise rates this week
The Bank of Japan is unlikely to raise interest rates at this week's policy meeting, Kyodo news agency reported on Tuesday 16 January, quoting "sources familiar with the matter".
Tarisa says BoT created 'uncertainty'
The Bank of Thailand deliberately created "uncertainty" in the foreign exchange market to drive out speculators from Japan and the U.S. when it imposed curbs on investment, governor Tarisa Watanagase told Bloomberg in an interview Monday 15 January.
Report says Kozlov murder suspects charged soon
Official charges will be brought soon against the suspects recently arrested in relation to the murder of first deputy chairman of the Russian central bank Andrei Kozlov, Interfax quoted Prosecutor General Yury Chaika as saying Tuesday 16 January.
Russian central bank submits board candidates
The Bank of Russia has submitted Alexei Simanovsky and Mikhail Sukhov to the State Duma as candidates for vacant seats on the central bank's board of directors, Vyacheslav Reznik, chairman of the Duma committee for credit organizations and financial…
Boston Fed's Minehan on the economic outlook
In a speech given on 12 January Cathy Minehan of the Federal Reserve Bank of Boston said the US economy appears to be on track for the elusive "soft landing," but rising prices are still the key worry for policymakers at the Federal Reserve.
ECB's Tumpel-Gugerell at the Euro conference
In a panel intervention at the Euro conference hosted by Banka Slovenije given on 15 January Gertrude Tumpel-Gugerell of the ECB said now that it has adopted the euro, Slovenia needs to adapt to the absence of an independent monetary and exchange rate…
ECB's Trichet at € conference Slovenia
In his keynote address at the "€ conference Slovenia" given on 15 January Jean-Claude Trichet of the ECB said Slovenia will enjoy the general benefits of participation in the single currency area, such as no exchange rate risks with respect to its most…
Sweden's Persson on monetary policy
In the speech 'Monetary policy - experiences and thoughts on the future' given on 13 January Kristina Persson of the Sveriges Riksbank said two professors, Francesco Giavazzi and Frederic Mishkin, have examined how well the Riksbank has succeeded with…