Central Banking
Bank of Uganda - Annual Report 2004-2005
According to the Bank of Uganda's Annual Report 2004-2005, annual underlying inflation averaged 4.7 percent over the year 2004/05, well within the government's 5.0 percent target.
Federal Reserve - Annual Report 2005
According to the Federal Reserve's Annual Report 2005, the U.S. economy delivered a solid performance in 2005 despite a further sharp increase in energy prices and devastating hurricanes.
BCEAO - Annual Report 2004
According to the Central Bank of West African States (BCEAO) Annual Report 2004, the WAMU economic dynamics was hindered in 2004 by the fresh outbreak of socio-political strife in Cote d'Ivoire and falling prices of agricultural export commodities.
Zeti at Launch of Prudential BSN Takaful Berhad
In a speech given on 8 August Zeti Akhtar Aziz of the Bank Negara Malaysia said as the financial services industry transitions to a more deregulated and market-driven environment, the regulatory and supervisory approach will continue to evolve into one…
Nijathaworn on East Asian financial markets
In the speech 'East Asian financial markets: Some thoughts on the way forward' given on 22 June Bandid Nijathaworn of the Bank of Thailand said financial market development in East Asia has essentially been left to the market.
Being relevant may be IMF's mission impossible
According to this article from Bloomberg, published Wednesday 9 August, several years of global calm have left the IMF with a relevance problem.
Fan Gang to join PBOC committee
China's Cabinet said Friday 11 August it had appointed economist Fan Gang to the People's Bank of China's monetary policy committee, an advisory body to the central bank.
BOJ's Fukui says rate hike not ruled out
Bank of Japan governor Toshihiko Fukui said Friday 11 August the central bank will "slowly" adjust interest rates while keeping a close eye on economic and price moves ahead.
Zimbabwe's Gono warns of 'inflation dragon'
Reserve Bank of Zimbabwe chief Gideon Gono urged Friday 11 August a fight against the "inflation dragon," saying it still posed a major threat to the economy although the rate has fallen back to just under 1 000% recently.
The curse of the parochial view
This article by Samuel Brittan of the Financial Times, published Friday 11 August, compares the reaction to the recent round of central bank interest rate decisions.
UK freezes bank accounts of terror suspects
The Bank of England said Friday 11 August it had frozen the accounts of 19 of the 24 men arrested in an alleged terror plot, and publicly released their names.
Foreign buyers bring a host of challenges
According to this recent article by Bank of Mexico governor Guillermo Ortiz, published in The Banker magazine, the purchase of developing country banks by global banks can be mutually beneficial.
Central Bank of Turkey - Annual Report 2005
According to the Central Bank of Turkey's Annual Report 2005, the recovery period of the economy continued in 2005 and inflation remained below the end-year target for the fourth time.
ECB Monthly Bulletin, August 2006
The European Central Bank published its August 2006 Monthly Bulletin on Thursday 10 August. In the report the ECB said it will raise interest rates further to contain inflation if the eurozone economy develops as it expects.
Deutsche Bundesbank Monthly Report, July 2006
The Deutsche Bundesbank published the English version of its July 2006 Monthly Report on 10 August. The report said the German economy likely gained momentum in the second quarter, helped by the building industry and an influx of visitors to the soccer…
Bangladesh Bank's reform agenda: Challenges ahead
According to this article published Wednesday 9 August by The Financial Express, although Bangladesh is an economy with great potential, it is beset with challenges.
Fed probably will skip rate increase next month
According to this article published Wednesday 9 August, by John Berry of Bloomberg, the best guess is probably that there won't be a rate increase in the US next month.
PBOC will increase yuan flexibility
The People's Bank of China said on Thursday 10 August that it would gradually increase the flexibility of the yuan's exchange rate and that market forces would play a fundamental role in determining its value.
Zimbabwe seizes trillions of old notes
State media reported on Wednesday 9 August that Zimbabwe security agents had seized more than Z$10-trillion (about $40m) in old banknotes at the country's main airport in a campaign against money laundering.
Lithuania sets sights on eurozone entry in 2009
The Lithuanian government has said that it will pass a euro adoption plan this Autumn, according to a local press report.
Japan's Abe sees end of deflation in view
Japan's chief government spokesman said Thursday 10 August the end of deflation is "within sight," but did not declare it over in the world's second largest economy.
Communications breakthrough reaps reward for Fed
According to this article from the Financial Times, published Wednesday 9 August, Ben Bernanke will probably be pleased with the muted market reaction that followed the FOMC's latest interest rate decision.
Central bank's ex-chief defends ex-Dominican pres
The Dominican central bank's ex-chief has defended ex-president Hipolito Mejia's actions regarding the payment to several depositors during the liquidation of the collapsed Intercontinental Bank, Dominican Today reported.
Central Bank of Trinidad and Tobago - Ann Rep 2005
According to the Central Bank of Trinidad and Tobago's Annual Report 2005, the year 2005 has been a very good one for Trinidad and Tobago.