Central Banking
Dallas Fed's Fisher on monetary policymaking
In the speech 'Monetary policymaking in a globalized world' given on 10 October Richard Fisher of the Federal Reserve Bank of Dallas said that better tools were needed to set monetary policy in an increasingly global economy.
Political instability and inflation volatility
The purpose of this International Monetary Fund Working Paper is to empirically determine the causes of worldwide diversity of inflation volatility.
Wellink on global banking supervision
In the speech 'Global banking supervision in a changing financial environment' given on 4 October Nout Wellink of the Netherlands Bank and Chairman of the Basel Committee on Banking Supervision said as an important guiding principle for future…
RBA Payments System Board Annual Report 2006
According to the Reserve Bank of Australia's Payments System Board Annual Report 2006, while the use of both credit and debit cards has increased substantially over the past decade, the timing of growth has differed.
Danmarks Nationalbank, Monetary Review 3rd Q 2006
The Danmarks Nationalbank's Monetary Review for the Third Quarter 2006, published 9 October, said the Danish economy is in a significant upswing.
St Louis Fed's Regional Economist, October 2006
The St Louis Fed's Regional Economist for October 2006 includes the article 'Can we continue to satisfy our appetite for electricity?' 'Predatory lending laws linked to income inequality,' and 'Adding up the economic effects of immigration'.
Interview with Bank of England's Paul Tucker
In a recent interview with The Banker magazine, Paul Tucker, executive director, markets, at the Bank of England reveals the three 'unknowable' things that would aid in the management of risk.
Bangladesh Bank's failure to handle problem-banks
According to this opinion piece from The New Nation, published Friday 6 October, investigation will lead to the conclusion that to a large extent Bangladesh Bank is responsible for the bankruptcy of the Oriental Bank Ltd.
Interview with St Louis Fed's William Poole
In comments to the Financial Times published Tuesday 10 October St. Louis Federal Reserve Bank President William Poole said the Fed could do "relatively little" and let the bond market stabilise the economy.
South Korea says has enough reserves if needed
South Korea has sufficient reserves to keep stability on the local currency market after North Korea said it tested a nuclear device on Monday 9 October, a senior central bank foreign exchange official told Reuters.
Yellen says Fed rate pause 'makes sense'
Holding interest rates steady "for a time" makes sense as monetary policymakers study data about the economy, the president of the San Francisco Federal Reserve said Monday 9 October.
GCC dollar reserve shift unlikely
Oil-producing GCC countries, which hold most of their currency reserves in dollars, are unlikely to move away from the greenback, according to the IMF's director for the Middle East and Central Asia.
No softening of EU rules for euro bidders
European Union governments won't relax inflation criteria for countries seeking to adopt the euro, finance ministers said on Tuesday 10 October.
Central Bank of the UAE - Annual Report 2005
According to the Central Bank of the United Arab Emirates Annual Report 2005, gross domestic product grew by 8.2% in 2005.
Central Europe cannot afford to delay the euro
According to this article published by the Financial Times on Monday 9 October, the main reason for stalling central European economies is the reluctance by several governments to embrace monetary union as quickly as possible.
Zeti says inflation can be dealt with
Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz said on Thursday 5 October that monetary policy will be reinforced by a stronger Malaysian currency.
Noyer says ECB rate rise was necessary for prices
Bank of France governor Christian Noyer speaking on French radio on Friday 6 October defended the European Central Bank's decision to raise interest rates, saying it was necessary to curb inflation.
Mexico's Ortiz says economy in good shape
Guillermo Ortiz, the governor of the Bank of Mexico, said on Thursday 5 October that Mexico's economy is better prepared than in the past to weather any U.S. slowdown as a growing number of consumers have access to credit.
EU draft statement calls for limited IMF reform
According to a draft statement, European Union countries are willing to cede only a ``limited'' share of power in the International Monetary Fund to fast-growing emerging economies.
Warsaw academic rumoured to be next NBP president
Polish Prime Minister Jaroslaw Kaczynski already knows who will take over from Leszek Balcerowicz as the new president of the National Bank of Poland (NBP), the Rzeczpospolita daily reported on Sunday 8 October.
BoT governor to leave post for Cabinet seat
Pridiyathorn Devakula will leave his post as Bank of Thailand governor to serve as both deputy premier and finance minister in a new Cabinet due to be sworn Monday 9 October.
Columbia's Phelps gets Nobel economics prize
Edmund S. Phelps, a professor at Columbia University in New York, won the Nobel Prize in economic sciences on Monday 9 October.
SARB's Mboweni on South Africa's financial markets
In the speech 'South Africa's financial markets within the Southern African sub-region' given on 7 October Tito Mboweni of the South African Reserve Bank said that a weaker rand might fuel inflation but that higher interest rates were unlikely to pose a…
Bank of Canada, Business Outlook Survey, Autumn 06
The Bank of Canada published its Autumn 2006 Business Outlook Survey on 6 October, saying that overall, businesses continue to be positive about the economic outlook.