Central Banking
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…
RBA's Stevens on capital flows and monetary policy
In the speech 'Capital flows and monetary policy' given on 17 September Glenn Stevens of the Reserve Bank of Australia said short-term fluctuations in exchange rates do not pose as much risk to internationally exposed businesses as medium-term…
ECB's Stark on the European economy
In the speech 'Key issues facing the global economy outlook for the European economy: regaining prominence in the global economy?' given on 17 September Jurgen Stark of the ECB said inflation risks in the 12-member euro zone are clearly on the upside.
ECB's Gonzalez-Paramo on financial markets in EMU
In the speech 'Fiscal policies and financial markets in EMU' given on 15 September Jose Manuel Gonzalez-Paramo of the ECB said in principle, market forces can play a useful role in encouraging euro area governments to act in line with fiscal…
IMF members approve voting reform plan
The 184-nation International Monetary Fund on Monday 18 September approved reforms to increase the voting shares of emerging economies, the German finance minister was quoted by Associated Press as saying.
Murdered Russian banker may have had phone tapped
The BBC Monitoring Service on Saturday 16 September reported a translation of a story on Russian NTV which said murdered Russian central banker Andrey Kozlov may have had his phone tapped and that up to tem people could have been involved in the killing.
Draghi says Italy can beat euro growth
Bank of Italy governor Mario Draghi told reporters on Sunday 17 September he felt that Italy's economy could grow far more strongly than its European partners.
Gonzalez-Paramo says ECB 'strongly vigilant'
European Central Bank Executive Board member Jose Manuel Gonzalez-Paramo said on Monday 18 September that eurozone interest rates were low and the ECB was strongly vigilant over risks to inflation.
Govt and RBA reaffirm policy
Treasurer Peter Costello and Reserve Bank of Australia governor Glenn Stevens, who began his term on Monday 18 September, have reaffirmed the government's agreement with the RBA on monetary policy.
G7 positive on prospects for world economy
Global growth is on track despite risks from high oil prices and other threats, finance chiefs from the Group of Seven industrialized nations said Saturday 16 September.
Fed panel to discuss targets for inflation
According to this article published on the International Herald Tribune's site Monday 18 September, Ben Bernanke is stepping up his push for an inflation target at the Federal Reserve.
National Bank of Kazakhstan - Annual Report 2005
According to the National Bank of Kazakhstan's Annual Report 2005, real GDP growth in 2005 was 9.4 percent.
RBNZ Monetary Policy Statement, September 2006
The Reserve Bank of New Zealand published its September 2006 Monetary Policy Statement on 14 September. The report said the New Zealand economy continues to show resilience.
Sri Lanka's Cabraal on standards, codes and rules
In the speech 'Standards, codes and rules - Friend or foe of poor nations?' given on 12 September Ajith Nivard Cabraal of the Central Bank of Sri Lanka said many low-income countries, despite their potential to grow are functioning in an "international…
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.