Central Banking
Fed's Hoenig says lags slowing rate impact
Kansas City Federal Reserve Bank President Thomas Hoenig said on Wednesday 27 September that the impact of previous interest rate increases has not been fully felt yet and must be considered by the FOMC at future meetings.
Interview with Richmond Fed's Lacker
Federal Reserve Bank of Richmond President Jeffrey Lacker told Reuters in an interview on Wednesday 27 September the U.S. economy was on solid ground, but that inflation was still a worry.
China calls for hedge fund cooperation
Financial regulators across the world must work together to keep tabs on the increasingly powerful hedge fund industry, China's banking regulatory head said in remarks published on Thursday 28 September.
A case for inflation targets in the US and Japan
This article published by the American Enterprise Institute on Wednesday 27 September says that the world's leading central banks are struggling with what is happening to prices in their respective countries, and what they should do and say about it.
Household savings and wealth in New Zealand
This Reserve Bank of New Zealand paper released on 27 September discusses a range of factors that may account for the decline in saving. The paper was prepared as background for a presentation by Reserve Bank governor, Alan Bollard, to the New Zealand…
Bank Al Maghrib - Annual Report 2005
According to the Bank Al Maghrib's Annual Report 2005, at the national level, economic growth continued in Morocco, albeit at a less sustained rate.
BIS's Knight on reserve diversification
In the speech 'International reserve diversification and disclosure' given on 8 September (published 25 Sep) Malcolm Knight of the BIS said powerful arguments can be made for the disclosure of the composition of official foreign exchange reserves.
Gieve on the puzzle of UK business investment
In the speech 'The puzzle of UK business investment' given on 26 September Sir John Gieve of the Bank of England said official figures on business investment in the UK are likely to be revised higher.
UK's Blanchflower on his first four MPC votes
In the speech 'Reflections on my first four votes on the MPC' given on 27 September Professor David Blanchflower of the Bank of England painted a softer picture on the outlook for the UK economy, saying that both inflation and growth are likely to come…
Fed's Bies on Basel II
In testimony 'Basel II' given on 26 September Susan Schmidt Bies of the Federal Reserve said that the Fed supports Basel II because it will help preserve the safety and soundness of the U.S. banking system.
Autonomous eye should watch over MFIs, banks
According to this article from The East African Standard, published Tuesday 26 September, although the Central Bank of Kenya will get new regulatory and supervisory powers under the Micro-Finance Bill, little things like this can slip through the cracks.
Mauritius plans new monetary policy framework
The governor of the Central Bank of Mauritius said Wednesday 27 September that the bank will move to a new monetary policy framework next month, the first major shift since 1999.
Solving Kozlov's murder is 'question of honour'
The Moscow Times reported Tuesday 26 September that the killers of Russia's central bank first deputy chairman Andrei Kozlov may have been hired on the cheap and had no idea who they were being paid to kill.
Israel's Fischer says 5% growth rate needed
Bank of Israel governor Stanley Fischer told the Finance Committee Tuesday 26 September economic growth must keep a pace of least five percent per year for 10 years for Israel to reduce poverty significantly in the long- term.
Japan's new fin min says BOJ taking proper steps
New Japanese Finance Minister Koji Omi said Wednesday 27 September foreign-exchange rates should move in line with the strength of their underlying economies.
Interview with Bank of England's Alastair Clark
In an interview with The Asian Banker, published Wednesday 27 September, Alastair Clark, adviser to the governor of the Bank of England, says the UK's "super regulator" model would not necessarily suit the current Chinese banking system.
Gold sales fall well below central bank pact limit
This article from the Financial Times, published Wednesday 27 September, notes that although European central banks have been big sellers of gold over the past six years, they appear to have lost their desire to sell the metal this year.
MAS's Tong on sharing some perspectives on growth
In the speech 'Sharing some perspectives on growth' given on 18 September Goh Chok Tong of the Monetary Authority of Singapore asked if armed with what we know, can we spot the new growth winners in the next four decades.
FSA's McCarthy on challenges of Basel II
In the speech 'The challenge of Basel II for regulators' given on 18 September Callum McCarthy of the Financial Services Authority said that different regulators operate under very different legislative frameworks, and in very different political…
Bank of Mexico - Annual Report 2005
According to the Bank of Mexico's Annual Report 2005, economic growth was unbalanced among the economic sectors in 2005.
IMF paper on currency volatility trends
The IMF Working Paper "Common volatility trends in the Central and Eastern European currencies and the euro" asks how much convergence has been achieved between Central and Eastern European (CEE) economies and the eurozone.
Sweden's Srejber on greater budgetary discipline
In the speech 'Greater budgetary discipline in the EU through transparency and national ownership' given on 26 September Eva Srejber of the Sveriges Riksbank said there have been some improvements in some member states since the Pact was reformed in…
Paper on proposed changes to supervisory review
The UK Treasury has issued a discussion paper on proposed changes to the supervisory review process for mergers and acquisitions in the financial sector which considers the rationale for reform of the existing regime.
Kosovo revamps banking system to bolster economy
This article published by VOA on Saturday 23 September says that the move to transform the Banking and Payments Authority of Kosovo into a central bank will provide more independence and regulatory authority to Kosovo's new banking system.