Central Banking
Central Bank of Armenia - Annual Report 2005
According to the Central Bank of Armenia's Annual Report 2005, during 2005 the overall macroeconomic environment changed considerably due to both real sector developments and government policy measures.
ECB Monthly Bulletin, October 2006
The European Central Bank published its October 2006 Monthly Bulletin on Thursday 12 October. In the report the ECB said eurozone consumer spending is likely to make an increasing contribution to GDP growth in the coming quarters.
RBA's Lowe on the central bank and payment system
In the speech 'The Central Bank and the Payment System' given on 12 October Philip Lowe of the Reserve Bank of Australia said broadly speaking, there are at least three ways in which a central bank can influence payment system outcomes.
Central Bank of Ireland, Quarterly Bulletin 4/2006
The Central Bank and Financial Services Authority of Ireland has published its Fourth Quarterly Bulletin for 2006. According to the Bulletin, against a generally favourable international background, the prospects for the domestic economy remain positive.
Sweden's Ingves on the economic situation
In the speech 'The economic situation' given on 12 October Stefan Ingves of the Sveriges Riksbank said it is reasonable to assume that further increases in the repo rate will be necessary.
The way to prevent American regulatory creep
This article published by the Financial Times on Thursday 12 October says that the United States may have taken a backward step in financial regulation.
Mongolia's central bank proposes Citi, ING
Mongolia's central bank has nominated Citigroup and ING to underwrite the country's first global sovereign bond, central bank governor O. Chuluunbat told Reuters on Wednesday 11 October.
BoT expects growth to strengthen next year
The Bank of Thailand expects the Thai economy next year to exceed this year's growth, boosted by a strong export growth, declined inflation rate, sooner-than-expected budget disbursement, and stable interest rate.
Fed minutes suggest rates may stay on hold
The Federal Reserve may keep interest rates on hold for an extended period after minutes of its September policy meeting, released Wednesday 11 October, showed the central bank was still wary of inflation risks.
BoE's Besley: Second round price pressures exist
Bank of England Monetary Policy Committee member Tim Besley warned Thursday 12 October that second-round inflationary pressures still exist despite the drop in oil prices.
BoE's Sentance worried on above target inflation
Bank of England rate setter Andrew Sentance, who joined the Monetary Policy Committee earlier this month, said Thursday 12 October the biggest upside risk to UK inflation is that above target consumer price inflation will fuel higher wage increases.
Mexico's Ortiz sees inflation pressures easing
Mexican central bank governor Guillermo Ortiz has forecast that inflationary pressures in Mexico will remain high for the next two months but ease by the end of the year.
BoE's King on the UK economy
In a speech given on 10 October Mervyn King of the Bank of England said the chance of inflation exceeding three percent in the coming months has been reduced by the latest fall in oil prices.
ECB's Trichet at the European Parliament
In testimony given on 10 October at the Economic and Monetary Affairs Committee of the European Parliament Jean-Claude Trichet of the ECB said economic growth in the euro zone has strengthened significantly and interest rates will rise further to combat…
Fed's Bies on current banking issues
In the speech 'A U.S. supervisor's perspective on current banking issues' given on 11 October Susan Schmidt Bies of the Federal Reserve said that U.S. regulators were concerned some U.S. banks were increasingly concentrating their lending in the segment.
RBA's Stevens on economic conditions and prospects
In the speech 'Economic conditions and prospects' given on 11 October Glenn Stevens of the Reserve Bank of Australia said Australia's central bank must keep inflation in check in the near term.
IMF's Carstens on opportunities and challenges
In the speech 'Opportunities and challenges for banks and supervisors in an Internationalized Financial System' given on 4 October Agustin Carstens of the IMF said Latin American governments must better supervise banks to avoid future crises and take…
Central Bank of Yemen - Annual Report 2005
According to the Central Bank of Yemen's Annual Report 2005, GDP growth accelerated from 3.9% in 2004 to 4.6% in 2005.
New headquarters for Europe's newest central bank
According to this article from The Tiraspol Times, published Monday 9 October, with new headquarters the monetary authority of Pridnestrovie, the Trans-Dniester Republican Bank, has room to grow as the new country seeks international recognition.
MAS maintains policy on Singapore dollar
The Monetary Authority of Singapore (MAS) is sticking to its policy of allowing slight, gradual appreciation of the Singapore dollar despite expectations of weakness in the economy, it said Tuesday 10 October.
China FX regime suitable, says PBOC's Fan
People's Bank of China advisor Fan Gang said Tuesday 10 October China has few alternatives to the dollar in terms of its reserve holdings, despite the risk of losses if the greenback falls.
Russia reports arrest of Kozlov murder suspects
Special services in Moscow have unofficially confirmed reports that the killers of the first deputy chairman of Russia's central bank, Andrey Kozlov, have been arrested, BBC Monitoring Service reported Wednesday 11 October quoting a translation of a…
Fukui donates Murakami profit to charity
Bank of Japan governor Toshihiko Fukui said Wednesday 11 October he has donated to charity about 14 million yen returned so far by the Murakami Fund, whose founder has been indicted for alleged insider trading.
Official says Syria converts some reserves to euro
The governor of Syria's central bank was quoted by AP on Tuesday 10 October as saying that the bank had converted half of its foreign currency reserves from U.S. dollars to euros.