Central Banking
New Cyprus cb governor may be named soon
The new Cyprus central bank governor will probably be named in the next 10 days, finance minister Michalis Sarris said on Thursday 5 April on the sidelines of a press conference on euro awareness.
BI vigilant on regulatory 'grey areas'
Bank Indonesia deputy governor Muliaman D. Hadad said recently that in the revised regulations, the central bank had clarified several "gray areas" that had dissuaded the banks from extending loans to particular types of firms.
BOJ's Fukui sees no resumption of yen-carry trade
Bank of Japan governor Toshihiko Fukui said Tuesday 10 April he sees no sign of the resumption of the yen-carry trade, despite the recent weakening of the yen.
RBI concerned over inflation
The governor of the Reserve Bank of India is believed to have told money market dealers that it is concerned about the capital flows into the country, reported CNBC-TV18 on Tuesday 10 April.
IMF report sees soft landing for world economy
The International Monetary Fund is forecasting a 'soft landing' for the world economy and 4.9-per-cent growth in 2007, German government officials said Tuesday 10 April, according to Deutsche Presse-Agentur.
ECB paper on transition economy convergence
The ECB Working Paper "Transition economy convergence in a two-country model: implications for monetary integration" presents a two-country dynamic general equilibrium model of ex ante unequally developed countries.
Sveriges Riksbank - Annual Report 2006
According to the Sveriges Riksbank's Annual Report 2006, the year saw a positive outcome for nearly all areas of the business.
Dallas Fed's Fisher on risk
In the speech 'Risk is a many splendored thing: Lessons learned' given on 4 April Richard Fisher of the Federal Reserve Bank of Dallas said growing troubles in the market for risky mortgages do not appear to be spreading to the overall economy, but…
RBI's Reddy on the role of monetary policy
In the speech 'Role of monetary policy in attaining growth with stability: The Indian experience' given on 2 April Y.V. Reddy of the Reserve Bank of India said India has a good story to tell the world on its performance relating to the role of monetary…
BOJ's Iwata on the state of the Japanese economy
In the speech 'The current state of the Japanese economy and its outlook' given on 7 March Kazumasa Iwata of the Bank of Japan said Japan's economy has been experiencing a sustained period of moderate expansion.
Knight on inflation targeting in emerging markets
In the speech 'Inflation targeting in emerging market economies' given on 4 April Malcolm Knight of the BIS said inflation targeting is not of course the only way to build monetary policy credibility.
Japan appoints new board members to BOJ
The Japanese government on Friday 5 April appointed a former top manager at Japan's largest trading company and a former shipping company executive to the Bank of Japan's monetary policy board.
RBA announces senior staff movements
The Reserve Bank of Australia announced Friday 5 April that Keith Hall, currently Head of Financial Stability Department, will take up the position of Head of International Department, which became vacant on the appointment of Guy Debelle as Assistant…
IMF says US slowdown would have spillover effects
The IMF said Thursday 5 April a broadening of the US economic slowdown to consumer spending and investment would have negative spillover effects on other regions.
Dookeran wants a Caribbean central bank
The Caribbean Single Market and Economy initiative must now be taken a step further with the establishment of a central bank for the Caribbean, Congress of the People political leader, Winston Dookeran said Wednesday 4 April.
Guerrero says India's inflation well contained
India's annual inflation of 6.5 percent is not that high when considering the nation's strong economic growth, a senior World Bank official said in an interview this week.
Gloom at currency talks points to deep GCC rift
According to this article from Middle East Online, published Friday 5 April, Gulf central bankers are deeply divided as they meet to finalise details of monetary union plans.
Fullani on macroeconomic developments in Albania
In the speech 'Summary of the latest macroeconomic developments in Albania' given on 26 March Ardian Fullani of the Bank of Albania said the Bank of Albania is confident that only financially stable banking institutions guarantee the foundations of a…
Central Bank of Iceland - Annual Report 2006
According to the Central Bank of Iceland's Annual Report 2006, in 2006 the Icelandic economy was characterised by imbalances on a greater scale than for many years.
Audit committees in central banks
This IMF Working Paper reviews the tasks and design of audit committees, increasingly recommended as a way to strengthen financial accountability and good central bank governance.
Germany's Weber on financial globalisation
In the speech 'Challenges posed by (financial) globalisation' given on 15 March Axel Weber of the Deutsche Bundesbank said the search for yield in riskier assets was one of the main topics during the time of record-low interest rates in major economic…
Italy's Draghi: Governor Baffi's financial policy
In the speech 'Reflections on monetary and financial policy - Governor Baffi's monetary policy' given on 15 March Mario Draghi of the Bank of Italy said Paolo Baffi was governor of the Bank of Italy during five of the most difficult years Italy has known.
ECB's Constancio says rates still low
European Central Bank governing council member Vitor Constancio said Wednesday 4 April that eurozone interest rates are still at historically low levels despite seven ECB rate hikes since December 2005.
NBP to publish minutes of meetings
Poland's central bank said Tuesday 3 April it will start to publish minutes from policy meetings of its interest rate-setting panel on 24 May, in a move analysts hope will offer more clarity on future monetary policy.