Central Banking
New York Fed's Geithner on hedge funds
In the speech 'Hedge funds and derivatives and their implications for the financial system' given on 14 September Timothy Geithner of the Federal Reserve Bank of New York said financial regulators need to pay more attention to whether margin requirements…
RBA's Stevens on risk and the financial system
In the speech 'Risk and the financial system' given on 15 September Glenn Stevens of the Reserve Bank of Australia said lower macroeconomic volatility had been one factor encouraging a marked increase in the debt that households were content to carry in…
Fed wants to tell more, it's just not sure how
According to this article by John Berry of Bloomberg, published Thursday 14 September, the big hurdle for Federal Reserve officials is how they will shed more light on the central bank's inner workings.
Fed's Bies on Basel II and commercial real estate
In testimony 'Basel II and commercial real estate' given on 14 September Susan Schmidt Bies of the Federal Reserve said banks need to guard themselves against taking on too many commercial real-estate loans, and defended regulators' risk-management…
Fukui says risks will be assessed cautiously
Bank of Japan governor Toshihiko Fukui said Friday 15 September the central bank will cautiously monitor various risks before taking further policy actions in its current credit-tightening cycle.
Summers: Central banks should make reserves work
Developing countries hold $2 trillion in excess reserves, but make almost no profit on the money, former U.S. Treasury secretary Lawrence Summers said on Thursday 14 September.
King plays straight bat in central bank talk
According to a study published Thursday 14 September by stockbroker ICAP Australia, the Reserve Bank of Australia's governor is easier to understand than his US peer, but both lose out to Mervyn King.
FMC report shows Fed governors get richer
The Federal Reserve Board's governors have grown steadily richer in the last year as President George Bush's appointments have reshaped the board of governors, research by the Financial Markets Center shows.
Murder won't disrupt central bank's work-Ignatiyev
The Russian central bank is working as usual despite the murder of First Deputy Chairman Andrei Kozlov, chairman of the Russian Central Bank Sergei Ignatiyev told Russian President Vladimir Putin at a meeting on Friday 15 September.
SEA-LAC central bank governors' meeting begins
Central Bank Governors from South East Asia (SEA), Latin America and the Caribbean (LAC) gathered Friday 15 September for the first time in Kuala Lumpur, for the inaugural SEA-LAC Central Bank Governors' Meeting.
Turkish central bank could move to Istanbul
"It would take a new law to move the Central Bank of Turkey from Ankara to Istanbul. If the parliament approves such a draft law, the central bank moves to Istanbul," Turkish central bank governor Durmus Yilmaz has said.
Canada's Jenkins on weathering economic shocks
In the speech 'Weathering economic shocks: The importance of flexibility' given on 13 September Paul Jenkins of the Bank of Canada issued a warning to federal and provincial governments that they should not use their windfalls to take actions that would…
Jelasic on the goals of National Bank of Serbia
In the speech 'Overall goals of the National Bank of Serbia' given on 10 July Radovan Jelasic of the National Bank of Serbia said more float and less management" has been emphasized and carried out by the National Bank since September last year.
Fisher on the Federal Reserve and Texas
In the speech 'The Federal Reserve and Texas' given on 29 August Richard Fisher of the Federal Reserve Bank of Dallas said a global boom has been under way for four years now, ignited in no small degree by the easy monetary policy that began in 2001.
Sweden's Persson on the current economic situation
In the speech 'The current economic situation' given on 13 September Kristina Persson of the Sveriges Riksbank said the world economy has developed very strongly in recent years with an average annual growth rate of 5 per cent.
IMF World Economic Outlook, September 2006
The International Monetary Fund published its World Economic Outlook September 2006 on 14 September. In the report the IMF raised its forecast for global economic growth while warning that inflation, oil prices and the U.S. housing slowdown threaten the…
Russian central banker died with job unfinished
According to this article from Reuters published Thursday 14 September, Russia has lost a crusading reformer with the death of Andrei Kozlov, who made a promising start to cleaning up Russia's banking system.
Russia's central bank deputy shot dead
Andrei Kozlov, the central bank of Russia's first deputy chairman, died in hospital hours after he was shot on Wednesday 13 September.
China plans national financial regulator
China plans to set up an agency to link regulatory efforts by the central bank, market watchdogs and other monitors, a deputy finance minister said Wednesday 13 September.
PBOC's Su says yuan flexibility to increase
China will continue to increase the flexibility of the yuan exchange rate and provide more derivative products to allow companies to hedge their currency risk, a vice-governor of the People's Bank of China said.
ECB alert to inflation danger - Trichet
European Central Bank president Jean-Claude Trichet said in an interview due for release on Friday 15 September that the ECB bank remains on the alert about euro zone inflation dangers.
Prime Tass to publish Russian central bank data
The Prime Tass economic news agency has won the right to publish and distribute the Central Bank of Russia's periodicals, the Bank's Public Relations Department reported on Tuesday 12 September, quoting a decision of the contest commission.
Reserve Bank of India - Annual Report 2005-2006
According to the Reserve Bank of India's Annual Report 2005-2006, inflation pressures remain as state-controlled local fuel prices have not kept pace with global crude prices.
Dallas' Rosenblum on inflation rate measure
In the speech 'The trimmed mean PCE inflation rate: A fitter, trimmer core measure' given on 10 September Harvey Rosenblum of the Federal Reserve Bank of Dallas said the Federal Reserve should move away from using inflation measures that exclude food and…