Central Banking
Kozari on the Eurosystem Needs Assessment Program
In the speech 'Launch of the Eurosystem Needs Assessment Program' given on 16 February Kemal Kozari of the Central Bank of Bosnia and Herzegovina said this Program identifies the areas in which the Central Bank of Bosnia and Herzegovina should achieve…
Greenspan vs. Bernanke: Hold your bets
According to this article, published by BusinessWeek on Thursday 1 March, Alan Greenspan's recent outspokenness is unusual for a former head of the Federal Reserve.
Fed's Warsh on market liquidity
In the speech 'Market liquidity: Definitions and implications' given on 5 March Kevin Warsh of the Federal Reserve said despite last week's sharp drop on Wall Street, the US financial system is healthy and working the way it is designed to work.
Fed's Kroszner on community banks
In the speech 'Community banks: The continuing importance of relationship finance' given on 5 March Randall Kroszner of the Federal Reserve said U.S. community banks are generally healthy and profitable despite tougher competition from larger banks and…
BOJ deputy Muto seen as favourite for governor
Many economists think that deputy Bank of Japan governor Toshiro Muto is the leading candidate to be the next Japanese central bank governor, a Jiji Press survey showed Friday 2 March.
Japan MoF's Watanabe is watching FX markets
Japan's finance ministry is observing developments in foreign exchange markets very closely, but this is business as usual, Hiroshi Watanabe, vice minister of finance for international affairs, told MNI.
Goldman Sachs role for ex-RBA chief
Global investment bank Goldman Sachs said on Monday 5 March that former Reserve Bank of Australia governor Ian Macfarlane, will join its ranks as an international adviser.
Greenspan sees one-third chance of 07 recession
Former Federal Reserve chairman Alan Greenspan said in an interview with Bloomberg published on Tuesday 6 March that there's a "one-third probability" of a U.S. recession this year and that he is careful not to make life difficult for Ben Bernanke.
China reforms would cut volatility says Paulson
US treasury secretary Henry Paulson said Tuesday 6 March that the global economy is as strong as he's ever seen and that reforms in China would help reduce market volatility.
Bank of Canada holds interest rates steady
The Bank of Canada held its benchmark overnight lending rate steady at 4.25 per cent Tuesday 6 March saying the risks to its forecast remain balanced, despite the wild swings in global financial markets recently.
Wellink on risk management & financial stability
In the speech 'Risk management & financial stability - Basel II & beyond' given on 27 February Nout Wellink of the Netherlands Bank said there is a great deal of uncertainty around the nature of risks in the markets, the adequacy of risk premia and what…
Jelasi on creating a stable economic environment
In the speech 'The National Bank of Serbia - creating a stable economic environment' given on 16 February Radovan Jelasi of the National Bank of Serbia said last year was a key year for Serbia, as it was finally recognized that monetary policy represents…
National Bank of Cambodia - Annual Report 2005
According to the National Bank of Cambodia's Annual Report 2005, despite the remaining obstacles and difficulties both at home and abroad, Cambodia enjoyed remarkable social and economic achievements and experienced a relatively high economic growth rate.
Why Germany's economy will outshine Japan
According to this article by Stephen Roach, published on Wednesday 28 February by MoneyWeek, the German economy is very much on the mend after failing to fall into a Japanese-like quagmire.
Brazil's fin min says Bevilaqua's exit was routine
The resignation of Brazilian central bank economic policy director Afonso Bevilaqua represented a routine change that won't alter the direction of policy at the institution, Finance Minister Guido Mantega said on Friday 2 March.
RBNZ re-appoints Arthur Grimes to Board
Arthur Grimes has been re-appointed as a non-executive director on the Reserve Bank of New Zealand's Board for a second five-year term, finance minister Michael Cullen announced Monday 5 March.
BIS's Knight on risk in the small and in the large
In the speech 'Now you see it, now you don't: risk in the small and in the large' given on 28 February Malcolm Knight of the BIS said there is no doubt that the financial system is now more resilient than it was in the past.
Fed's Bernanke on globalization & monetary policy
In the speech 'Globalization and monetary policy' given on 2 March Ben Bernanke of the Federal Reserve said global factors may on balance have boosted U.S. inflation, but globalization has not affected the ability of the Federal Reserve to influence U.S…
Oman could still join currency union says Suwaidi
There is a strong possibility that Oman could join a regional currency union if a simpler version than the one currently on the table were adopted, the governor of the UAE central bank, Sultan bin Naser Al Suwaidi, said on Saturday 3 March.
Iran plans banknote with atomic symbol - reports
Iran, which is currently embroiled in a row with the West over its nuclear ambitions, will issue a new banknote this month carrying an atomic symbol, newspapers reported on Sunday 4 March.
PBOC's Wu says FX reserves to be used vigorously
A new state investment company in charge of investing China's vast foreign exchange reserves will be established, said Wu Xiaoling, vice governor of the People's Bank of China on Monday 5 March.
Zhou says China's yuan band may be widened
Yuan flexibility is "desirable" and China can consider "gradually" widening the yuan's trading band, central bank governor Zhou Xiaochuan said Monday 5 March.
Poole on energy prices and the U.S. business cycle
In the speech 'Energy prices and the U.S. business cycle' given on 2 March William Poole of the Federal Reserve Bank of St. Louis said oil supply shocks need not cause recessions and were no excuse for a central bank to allow inflation to escape its…
Royal Monetary Authority of Bhutan - Ann Rep 05-06
According to the Royal Monetary Authority of Bhutan's Annual Report 2005-2006, the growth of the Bhutanese economy slowed marginally during 2005 mainly due to decline in construction activities.