Central Banking
BOT chief denies premiership rumours
Bank of Thailand (BOT) governor M.R. Pridiyathorn Devakula on Wednesday 20 September denied a rumour he had been approached to take the Thai premiership.
ECB Liikanen says more rate hikes needed
The European Central Bank will have to raise interest rates again if it is to keep inflation under control, Finnish central bank chief Erkki Liikanen said in a newspaper interview published Wednesday 20 September.
BoE minutes show inflation concerns worry MPC
Bank of England Monetary Policy Committee members said in minutes released Wednesday 20 September that inflation is likely to speed-up and growth will stay around the long-term average.
Central banker of the year announced
Several publications announced awards for the world's central bankers this week, including a Euromoney award for Lebanon' s central bank governor Riad Salameh for his management of the crisis during Israel's recent onslaught.
GCC central bank to be based in Abu Dhabi
The GCC states have already agreed to base the new GCC central bank in Abu Dhabi, a report said.
China adds other currencies to reserves
Hu Xiaolian, head of the State Administration of Foreign Exchange (SAFE), said in an article carried in the latest issue of the Emerging Markets magazine that China has cut the proportion of US dollars assets in its foreign exchange reserve in recent…
China's mushrooming forex reserve
This article published by Asia Times Online on Tuesday 19 September says that although massive levels of foreign exchange reserves represent the strength of an economy, it brings more problems than benefits.
Bank of England Inflation Attitudes Survey, Sep 06
The Bank of England published its September 2006 Inflation Attitudes Survey on Monday 18 September. Britons' expectations of future inflation steadied in August, but were still way above the Bank of England's 2.0 percent inflation target.
ECB's Weber not worried on Iran reserves threat
A threat by the Central Bank of Iran to move its foreign exchange reserves out of dollars into other currencies, notably the euro, should not necessarily be a cause for concern, European Central Bank Governing Council member and Bundesbank President Axel…
ECB's Liikanen sees 'challenge' to cut inflation
Bringing eurozone inflation back down to the European Central Bank's target level of 2 pct or lower will be "a challenge", even over the medium term, said ECB governing council member Erkki Liikanen in an interview published Tuesday 19 September.
Hedge funds take backseat to Asian central banks
According to this article from Bloomberg, published Friday 15 September, hedge funds are taking a backseat to Asian central banks.
Technology diffusion within central banking
The Federal Reserve Bank of New York Staff Paper "Technology diffusion within central banking: The case of real-time gross settlement" examines the diffusion of real-time gross settlement (RTGS) technology across all 174 central banks.
Bank of Japan - Annual Review 2006
According to the Bank of Japan's Annual Review 2006, in fiscal year 2005, Japan's economy continued to recover.
Sweden's Rosenberg on monetary policy in Sweden
In the speech 'Monetary policy in Sweden' given on 18 September Irma Rosenberg of the Sveriges Riksbank said prospects for economic activity and inflation indicate that less expansionary monetary policy is called for in future.
ECB's Gonzalez-Paramo on statistics
In the speech 'Statistics for the international financial system' given on 18 September Jose Manuel Gonzalez-Paramo of the ECB said in today's global economy, timely and reliable official statistics play a key role in policy-making as well as in…
ECB's Tumpel-Gugerell on the economic outlook
In the speech 'Economic outlook and policy challenges for the euro area' given on 18 September Gertrude Tumpel-Gugerell of the ECB said the ECB expects a 'normalisation' of eurozone growth in the third quarter after the strong performance of the first…
The hunt for Balcerowicz
According to this article published by the Warsaw Business Journal on Monday 18 September, any notion of central bank independence in Poland will soon be banished.
China making progress on FX reforms says Zhou
China's foreign exchange reforms have made "significant progress," though the impact will be seen over time, People's Bank of China governor Zhou Xiaochuan told fellow financial leaders on Tuesday 19 September.
Oman begins automated clearing
Oman's central bank has started its automated clearing house system for handling bulk electronic credit and debit transfers, according to the Oman Daily Observer.
Barker says MPC surprised by house price jump
Bank of England Monetary Policy Committee member Kate Barker told the Daily Telegraph the recent jump in UK house prices has surprised the MPC.
Trustees for emerging markets holds first meeting
Members of the Group of Trustees of the Principles for Stable Capital Flows and Fair Debt Restructuring in Emerging Markets held their inaugural meeting on Monday 18 September in Singapore. The discussions focused on a review of the Principles and their…
Central Bank of Jordan - Annual Report 2005
According to the Central Bank of Jordan's Annual Report 2005, the Jordanian economy successfully achieved a high growth rate in real GDP, reaching 7.2%.
Deutsche Bundesbank Monthly Report, August 2006
The Deutsche Bundesbank published the English version of its August 2006 Monthly Report on 14 September. The report said the German economy is likely to improve further this year after strengthening significantly since January, while it warned that…
SARB's Mboweni on the South African economy
In the speech 'An overview of the South African economy' given on 14 September Tito Mboweni of the South African Reserve Bank said South Africa's large deficit on the current account may stem partly from an exchange rate which was out of balance, but the…