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Central Banking

IMF paper on asset market participation

The IMF Working Paper 'Asset market participation, monetary policy rules, and the Great Inflation' argues that limited asset market participation is crucial in explaining U.S. macroeconomic performance and monetary policy before the 1980s, and their…

Nyberg on the Riksbank's monetary policy strategy

In the speech 'The Riksbank's monetary policy strategy' given on 14 September Lars Nyberg of the Sveriges Riksbank said as monetary policy must be based on uncertain forecasts of the future, there is a need to manage the risk that the economy will…

Dallas Fed's Fisher on a primer on inflation

In the speech 'A primer on inflation' given on 30 August Richard Fisher of the Federal Reserve Bank of Dallas emphasized that the economy is at a "crossroads" and stressed that the Fed is focused on inflation.

MPC considered rate rise says BoE's Gieve

The Bank of England's Monetary Policy Committee considered raising interest rates for the second consecutive month in September, deputy governor Sir John Gieve told the Financial Times newspaper in an interview published Monday 25 September.

Fed vigilant on inflation says Fisher

Federal Reserve Bank of Dallas president Richard Fisher said in a speech on Monday 25 September that slowing U.S. economic growth should keep inflation under control, but the US central bank will act if needed.

Tarisa first female to head BOT?

According to this article published by The Nation on Monday 25 September, the door is wide open for a number of candidates if Bank of Thailand governor MR Pridiyathorn Devakula leaves to become Prime Minister.

Philadelphia Fed Business Outlook Survey, Sep 2006

According to the firms surveyed for the Philadelphia Fed's September 2006 Business Outlook Survey, activity in the region's manufacturing sector slowed this month. Indicators for general activity, new orders, and shipments fell from their readings last…

Norway's Gjedrem on wealth management

In the speech 'Wealth management in a public setting' given on 18 September Svein Gjedrem of Norges Bank said Norway's vast state pension fund, which invests the country's oil wealth, is considering investments in riskier assets in search of higher…

Hoenig on the strength of the Federal Reserve

In the speech 'Twelve Banks: The strength of the Federal Reserve' given on 15 September Thomas Hoenig of the Federal Reserve Bank of Kansas City said it was legitimate to question the U.S. central bank's decentralized structure, but he argued the system…

IMF's Carstens on strengthening IMF surveillance

In the speech 'Strengthening IMF surveillance: What have we learned from independent evaluations?' given on 18 September Agustin Carstens of the IMF said we are doing many things to strengthen multilateral surveillance further.

Deputy must be RBA man

According to this article published on the news.com.au website on Thursday 21 September, while it is reasonable to do so it is vital the deputy comes from within the central bank.

Kosovo banking authority becomes central bank

According to news agency KosovaLive, UN Interim Administration Mission in Kosovo (UNMIK) head Joachim Ruecker signed an agreement on Wednesday 20 September by which the Banking and Payment Authority of Kosova becomes the Central Banking Authority of…

SARB rejects IMF inflation-target suggestion

The government and the South African Reserve Bank have asked the International Monetary Fund (IMF) to stop making policy suggestions that sound prescriptive, South African Reserve Bank Governor Tito Mboweni said on Friday 22 September.

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