Central Banking
ECB's Bini Smaghi sees further policy tightening
European Central Bank executive committee member Lorenzo Bini Smaghi said in an interview published Sunday 6 August that he sees further increases in euro zone interest rates in the next months.
Zimbabwe's Gono facing intimidation
A fire has swept through maize crops at a farm belonging to Zimbabwe's central bank chief Gideon Gono, with suspicion it was arson.
Sveriges Riksbank - Annual Report 2005
According to the Sveriges Riksbank's Annual Report 2005, the economic growth rate in Sweden was 2.4 per cent, according to the Riksbank's most recent estimates.
New York Fed's Foreign Exchange Operations Report
According to the Federal Reserve Bank of New York's Treasury and Federal Reserve Foreign Exchange Operations quarterly report for April-June 2006, published 3 August, the U.S. monetary authorities did not intervene in the foreign exchange markets during…
RBA Statement on Monetary Policy, August 2006
The Reserve Bank of Australia published its August 2006 Statement on Monetary Policy on 4 August. The RBA raised its inflation forecasts but said the risks to the outlook were balanced.
IMF's Rato on the Fund's Medium-Term Strategy
In the speech 'Progress in implementing the Fund's Medium-Term Strategy' given on 3 August Rodrigo de Rato of the IMF said the International Monetary Fund's relationship with Japan is one of its most important.
ECB announces changes in senior management
The Executive Board of the European Central Bank (ECB) announced Thursday 3 August it has decided on some changes in the senior management.
Mishkin sees benefits in inflation target range
According to this article by Reuters, published Wednesday 2 August, a new study by incoming Federal Reserve governor Frederic Mishkin says inflation target ranges can help central banks sidestep political pressure to let prices rise and achieve low…
Iraq's central bank offers stability amid chaos
According to this article by Reuters, published Wednesday 2 August, the Central Bank of Iraq is offering a beacon of stability in a country on the verge of civil war, but faces many problems.
IMF to give emerging economies votes
Managing director Rodrigo Rato said the International Monetary Fund is ready to give emerging economies greater representation in the organisation with changes to members' voting powers in September.
ECB paper on credit risk mitigation
The ECB Occasional Paper "Credit risk mitigation in central bank operations and its effects on financial markets: the case of the Eurosystem" reviews the role and effects of the collateral framework which central banks, and in particular the Eurosystem,…
Belgium's Quaden says all things possible
Belgian National Bank governor Guy Quaden said in a radio interview it is possible for the European Central Bank to control inflation at the same time as promoting growth.
Report says yuan rise not guaranteed
A rise in the Chinese currency is not guaranteed, but the exchange rate is increasingly reflective of market forces, central bank vice governor Wu Xiaoling told Xinhua news agency.
BOJ punishes 41 staff after expenses probe
The Bank of Japan said Friday 4 August it would punish 41 officials for either receiving or paying higher than necessary allowances for air travel in the seven years from 1999.
Trichet says further rate rises may be 'warranted'
European Central Bank president Jean-Claude Trichet said Thursday 3 August more interest rate increases may be "warranted" after the bank increased eurozone rates for the fourth time in eight months.
Bank of Sudan - Annual Report 2004
According to the Bank of Sudan's Annual Report 2004, the real GDP growth rate increased from 6.0% in 2003 to 7.2% in 2004, due to the increase in the growth rate of most sectors of the economy.
Bank of England appoints Finance Director
The Bank of England announced on Wednesday 2 August that Warwick Jones has been appointed Finance Director of the Bank of England from 1 October. Mr Jones will be an Executive Director of the Bank and a member of the Executive Team.
Paper on term structure models and exchange rates
The Bank of Canada Working Paper "Can affine term structure models help us predict exchange rates?" proposes an arbitrage-free model of the joint behaviour of interest and exchange rates.
Simon Brooks appointed Vice-President of the EIB
Simon Brooks, a former Director in the Macroeconomic Policy and International Finance Directorate of the UK Treasury, has joined the European Investment Bank (EIB) as Vice-President.
Ghana's Acquah says economy is resilient
Dr. Paul Acquah, governor of the Bank of Ghana, said the real sector of the economy in the first half of the year was robust in spite of the rising petroleum prices and the effect on domestic fuel prices.
Israel's Fischer: conflict costing economy
Israel's conflict with Hizbollah is costing the economy up to 1 billion shekels a week and will push up the budget deficit by 0.6 percent this year, Bank of Israel governor Stanley Fischer said on Wednesday 3 August.
Surprise as Bank of England tightens early
The Bank of England raised interest rates by a quarter-point on Thursday 3 August, bringing the official bank rate to 4.75% after a year on hold.
Paper on European and US sovereign bond markets
The Research Technical Paper "An empirical analysis of transparency-related characteristics of European and US sovereign bond markets" from the Central Bank & Financial Services Authority of Ireland examines transparency-related characteristics of…
ECB's Opinion on National Bank of Poland law
The European Central Bank on Thursday 3 August published an Opinion in which it expressed concern over proposed amendments to National Bank of Poland statutes which relate to changes in the composition of the Banking Supervision Commission.