Central Banking
Ball: globalisation does not affect inflation
A recent paper by Laurence Ball for the National Bureau of Economic Research suggetss that "globalisation has had little effect on the rate of inflation in the United States."
Kiraly new deputy governor in Hungary
The Governor of the Magyar Nemzeti Bank, Andras Simor, has proposed Julia Kiraly as the central bank's new Deputy Governor.
Olmert called in on Bank of Israel wage dispute
The signing of a new wage agreement at the Bank of Israel has been delayed by troubles over the central bank's so-called "second generation workers".
Pig disease threatens inflation rise in China
Food prices, especially those of pork and eggs which make a substantial contribution to the country's inflation rate, are being closely watched by the People's Bank of China.
Syria to abandon dollar peg in July
The governor of Syria's central bank, Adib Mayelah, announced that the country will abandon the Syrian pound 's peg to the dollar in an effort to stem rising costs and inflation.
Serbian inflation on the rise
The governor of the National Bank of Serbia says the central bank expects the country's overall inflation rate to reach 6% this year.
Asia ten years on - IMF's Burton
Ten years after Asia's financial crisis it is the most dynamic region in the global economy, observed David Burton, the IMF's director for Asia and the Pacific, in a speech in Singapore.
Colombia's central bank: half yearly report
The reports presented to Colombia's Congress by the Board of Directors of the Banco de la Republica include macroeconomic results, the aims of the board, and future perspectives of the likely trend of several macroeconomic variables.
Bernanke: US inflation slowing, but risks remain
Federal Reserve Chairman Ben Bernanke says US core inflation "seems likely to moderate gradually over time", but there are "upside" risks to this forecast.
Inflation expectations contained - Turkey's Yilmaz
Speaking at a conference celebrating the 75th anniversary of the Central Bank of the Republic of Turkey, governor Durmus Yilmaz said the central "strong reaction" to financial turmoil in 2006 "have contained inflation expectations" and that these will …
Russian central bank predicts fall in inflation
The first deputy chairman of the Russian central bank, Alexei Ulyukayev, said on 4 June that the country's inflation is likely to fall to 5.2% for the first six months of this year, one percentage point down on the same period in 2006.
New information officer for RBNZ
The Reserve Bank of New Zealand has announced the appointment of Tanya Harris as its new Chief Information Officer and Head of Knowledge Services Group.
Regulatory concerns knock Chinese shares
China's stock market closed 8.26% down on Monday 4 June as worries that the government is about to take further measures to cool the economy triggered a major sell-off.
Holland's Wellink assesses eight years of EMU
Speaking at the Nieuwegein Business Center, Nout Wellink, the president of the Dutch central bank, took stock of the achievements of eight years of economic and monetary integration and set out what he saw as the challenges facing the eurozone.
Annual report National Bank of Belgium 2006
Belgium's central bank made profits of almost a quarter of a billion euros, according to part 2 of its annual report, which focuses on the central bank's activities and governance.
Spain's Ordoez: immigration keeps inflation low
Miguel Ordoez, the governor of the Bank of Spain, said that immigration into Spain has helped keep inflation rates relatively low, in a speech at a symposium on the Phillips curve and the natural rate hypothesis in Kiel, Germany on 3 June.
IMF's Article IV consultation with Switzerland
The IMF on 4 June released the staff report and public information notice regarding the conclusion of its Article IV consultation with Switzerland. The Fund projected 2% growth of real GDP in 2007, down from 2.7% in 2006.
Former Fed No 2, Preston Martin, dies
Preston Martin, the former deputy chairman of the Federal Reserve died last week, aged 83.
Roach dismisses global savings glut
Morgan Stanley's chief economist, Stephen Roach, has poured cold water on the "global savings glut" hypothesis championed by Fed chairman, Ben Bernanke, as the underlying cause of global economic imbalances.
Kroszner on risks and outlook for US economy
Economic growth will in the US pick up through 2007, rising to close to potential by 2008, said Randall Kroszner, a member of the Board of Governors, at the spring meeting of the IIF in Athens, adding that the risks to the inflation outlook are primarily…
Annual report - Bank of Uganda
The main challenge for the Bank of Uganda's monetary policy in 2005-06 was related to shocks associated with the prolonged drought, which adversely affected agricultural production and pushed up food crops inflation.
RBI report on currency and finance
According to the Reserve Bank of India's annual report on currency and finance for 2005-06, released on 31 May, "it is imperative that the financial markets are developed further," if the risks of financial integration are to be mitigated.
Germany's Weber: academics good central bankers
In a speech made on 29 May in Paris, Alex Weber, president of the Bundesbank, said that sending academics to politics clearly solves a problem inherent in academic policy advice: "getting the message across to do the right thing".
Turkish CB identifies financial stability concerns
The Central Bank of Turkey believes that the way in which the country weathered the storm following the financial turmoil the country experienced in June and July last, demonstrates the resilience of the Turkish economy.