Central Banking
EU presidency's Heinaluoma calls for cooperation
Finnish Finance Minister Eero Heinaluoma, whose country holds the rotating EU presidency, said Thursday 13 July that the euro group and the European Central could improve the way they cooperate.
Irish central bank warns on house prices
Certain features of the Irish economy are raising concerns about its future outlook, the central bank warned in its annual report on Wednesday 13 July.
Dallas Fed notes 'disappointing' inflation
The Dallas Federal Reserve Bank said on Thursday 13 July U.S. inflation has been "disappointingly" high but slow labor cost growth and hefty profits should keep it from gaining a firm grip.
Monetary Authority of Macao - Annual Report 2005
According to the Monetary Authority of Macao's Annual Report 2005, the Special Administrative Region Government has garnered support from the Central Government in its attempt to launch a series of measures aimed at restructuring the economy and…
Reserve Bank of Malawi - Annual Report 2005
According to the Reserve Bank of Malawi's Annual Report 2005, real gross domestic product (GDP) grew by 2.1 percent in 2005 compared to 5.1 percent in 2004.
Bank of England Financial Stability Report, Jul 06
The Bank of England published its latest Financial Stability Report for July 2006 on Wednesday 12 July. It was published in a new-style, providing an assessment of prospects for the UK financial system.
Alvarez's testimony on industrial loan companies
In testimony given on 12 July Scott Alvarez of the General Counsel said U.S. lawmakers should determine who can use industrial loan companies before commercial firms decide for themselves.
Noyer on central bank dilemmas under uncertainty
In the speech 'Central bankers' dilemmas under uncertainty' given on 5 June Christian Noyer of the Bank of France said a rule will sometimes ignore information that may be relevant for predicting future risks to price stability.
IMF paper on U.S. inflation dynamics
The IMF Working Paper "U.S. inflation dynamics: What drives them over different frequencies?" aims to improve the understanding of U.S. inflation dynamics by separating out structural from cyclical effects using frequency domain techniques.
IMF's Rato offers deepest condolences to India
Rodrigo de Rato, Managing Director of the International Monetary Fund, issued a statement on Tuesday 11 July, following the bombings in India.
Slovenian euro coin production begins
EU finance ministers on Tuesday 11 July gave Slovenia a final formal go-ahead for the country's entry to the eurozone as of January 2007.
Mexico's foreign reserves at record level
Mexico's foreign reserves climbed US$358 million (euro281 million) last week to a record US$79.10 billion (euro62 billion), the Bank of Mexico reported Tuesday 11 July.
Mishkin says he will stick to Fed's goals
Federal Reserve nominee Frederic Mishkin told a hearing on Wednesday 12 July that he would keep faith with the Fed's responsibilities for ensuring price stability, full employment and a stable financial system.
Interview with the Japanese Finance Minister
Japanese Finance Minister Sadakazu Tanigaki told Reuters in an interview on Wednesday 12 July there was no need for the Bank of Japan to rush the ending of its zero interest rate policy.
Comment: Left out in the cold
While Slovenia celebrates its imminent entry to the eurozone, the Baltic aspirants can feel more than a little peeved by Brussels' handling of their efforts to join the club.
Bank of Lithuania - Annual Report 2005
According to the Bank of Lithuania's Annual Report 2005, after a short slackening at the beginning of 2005, the annual growth rate of real consumption expenditure gained momentum peaking at the end of the year.
SARB's Guma on the SA economy
In a speech given on 4 July X.P. Guma of the South African Reserve Bank said continued brisk expansion in final consumption expenditure by households has been underpinned by a steady increase in household disposable income.
Kato on crisis prevention and the IMF
In the speech 'Crisis prevention and the IMF' given on 10 July Takatoshi Kato of the IMF said the last few years have certainly seen a very strong global economy.
BMA's Al Sadah on Islamic financial services
In the speech 'Challenges facing the Islamic financial services industry' given on 11 June Anwar Khalifa Al Sadah of the Bahrain Monetary Agency said Islamic banking is dominated by small institutions.
A bond that insures against instability
According to this article published by the Financial Times on Monday 10 July, there has been increasing interest in creating bonds linked to the growth of a countrys' GDP.
Buba's Weber sees limited World Cup effect
The impact of the recent World Cup is unlikely to have a lasting effect on the German economy, Bundesbank president Axel Weber said in an interview published Tuesday 11 July.
RBNZ countdown to smaller lighter coins
On 31 July the current 50, 20, and 10 cent coins will be replaced with smaller and lighter coins, and the 5 cent coin will begin to be phased out, the Reserve Bank of New Zealand said on Monday 10 July.
Bank of Canada keeps rates unchanged
The Bank of Canada left interest rates unchanged at 4.25% on Tuesday 11 July and repeated a May statement that the seven prior increases are enough to return inflation to its 2 percent goal.
BOK maintains hawkish stance
Bank of Korea governor Lee Seong-tae said on Monday 10 July that the central bank will take preemptive action to curb increased pressure on inflation.