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Central Banking

BIS's Knight on financial stability

In the speech 'Marrying the micro- and macroprudential dimensions of financial stability: six years on' given on 5 October Malcolm Knight of the BIS said much has been done in recent years to strengthen the macroprudential orientation of prudential…

SA's Mboweni on monetary policy and bond markets

In the speech 'Monetary policy and South African bond market developments' given on 5 October Tito Mboweni of the South African Reserve Bank said South Africa's rand is adjusting to the current account deficit but has fallen to levels that may add to…

Fed's Geithner on emerging market economies

In the speech 'Progress toward financial stability in emerging market economies' given on 4 October Timothy Geithner of the Federal Reserve Bank of New York said over a decade of reforms in developing countries have made them much less vulnerable to the…

Payment systems, monetary policy in Europe

The first of two articles published by the Financial Times on Friday 6 October looks at the issue of central bank "plumbing" which, it says, is creating a stink for the ECB. The second article concerns a letter sent by a group of monetarist economists to…

T2S is 'only solution': ECB's Tumpel-Gugerell

The European Central Bank sees its proposal on securities settlement, called TARGET2 Securities, as offering an "efficient organisation of central bank money", says Gertrude Tumpel-Gugerell, a member of the executive board, in an interview in the autumn…

Fed's Bernanke on demographics

In the speech 'The coming demographic transition: Will we treat future generations fairly?' given on 4 October Ben Bernanke of the Federal Reserve said a "substantial correction" is under way in the US housing market but it has not so far had a big…

Hoenig on monetary policy, economic outlook

In the speech 'Monetary policy and the economic outlook' given on 3 October Thomas Hoenig of the Federal Reserve Bank of Kansas City said U.S. economic growth looks set to soften as 2006 nears an end, but strong business investment should prevent any…

Trichet on bank transfer data from SWIFT

In a speech on the interception of bank transfer data from the SWIFT system by the US secret services given on 4 October Jean-Claude Trichet of the ECB said warned the European Parliament that any disruption to the SWIFT bank data sharing system could…

Fed's Kohn on economic outlook

In the speech 'Economic outlook' given on 4 October Donald Kohn of the Federal Reserve said he is more concerned about persistent inflation than slowing growth in an economy that's likely to avoid a recession.

Wrestling regulators

According to this comment piece from the Financial Times, published Wednesday 4 October, regulation should forward the public interest but different regulatory bodies sometimes clash in its defence.

RBNZ says salary reports 'rubbish'

The Reserve Bank of New Zealand on Thursday 5 October rejected as "rubbish" news reports claiming that Reserve Bank staff remuneration rose 15.4 percent on average per employee.

Interview with NBP's Leszek Balcerowicz

In an interview with AP, published on Tuesday 3 October, the head of Poland's central bank said the bank is suffering the "most extreme" attacks on its independence since communism fell in 1989.

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