Central Banking
China sees large yuan moves as 'unfavourable'
A senior People's Bank of China official said on Saturday 18 March that large movements in the yuan against the dollar are "unfavourable" for the economy.
Former CBK officials charged with fraud
A Kenyan court on Monday 20 March charged five former senior officials, including former Central Bank of Kenya (CBK) governor Eric Kotut, with fraud and theft in the east African country's biggest corruption scandal.
Comment: Governance and modernisation
A new IMF working paper argues that giving central banks more independence is a powerful way of enhancing corporate governance in these institutions. Although the paper's rigorous empirical approach may help to confirm this uncontroversial insight, its…
Comment: The benefits of supervisory integration
A new IMF working paper investigates the trend toward integrating the regulation and supervision of banks, non-bank financial institutions and securities markets. The authors attempt to fill a gap in the literature by empirically assessing the impact…
Bank of Mexico - Annual Report 2004
According to the Bank of Mexico's Annual Report 2004, Mexico benefited from the continued recovery of the world economy, which recorded its highest rate of growth since the mid-seventies.
Atlanta Fed's Guynn on sustainable growth
In the speech 'Nurturing sustainable growth in a global context' given on 15 March Jack Guynn of the Federal Reserve Bank of Atlanta said the way forward for monetary policy is becoming harder to predict.
Bet on the Fed pausing at 5 percent
Federal Reserve officials seem more likely to pause in raising their target for the overnight lending rate when it reaches 5 percent than to push it up to 5.5 percent, according to this article published Wednesday 15 March.
Interview with Malta's Bonello
In a recent interview, Michael C Bonello, governor of the Central Bank of Malta, talks about the challenges faced by the Maltese economy ahead of euro adoption and their implications for monetary policy.
Fed's Kohn on monetary policy and asset prices
In the speech 'Monetary policy and asset prices' given on 16 March Donald Kohn of the Federal Reserve said the Fed has no intention of preserving all of the recent gains in home price values.
Financial Stability Forum concludes meeting
The Financial Stability Forum (FSF) held its fourth Asia-Pacific regional meeting on Thursday 16 March in Sydney, Australia.
ECB's Liebscher sees strong stable growth
Growth in the euro zone remains stable and strong even after the European Central Bank's interest rate hike, ECB Governing Council member Klaus Liebscher said in an interview published on Wednesday 15 March.
China's reserves making 'impressive' return
The return on investment from China's forex reserves is "impressive", a former central bank official was quoted as saying in the official Shanghai Securities News.
Slovak parliament approves NBS vice-governor
Slovakia's parliament approved the nomination of current Deputy Finance Minister Vladimir Tvaroska, 34, as the new vice-governor of the Slovak central bank (NBS) on 16 March.
BoJ's Iwata says price goal will anchor inflation
Bank of Japan deputy governor Kazumasa Iwata said on Friday 17 March that the central bank's decision to set a medium-term inflation goal of 0-2 pct will help anchor inflation expectations and lower risk premia on Japanese securities.
Poll shows BoK employees favour Lee Seong-tae
Nearly half of the Bank of Korea's staff believe the BoK's vice head Lee Seong-tae is the best candidate for its next governor, a poll reported by Asia Pulse said.
Weber on the monetary policy of the Eurosystem
In the speech 'The role of money in the monetary policy of the Eurosystem' given on 17 March Axel Weber of the Bundesbank said the European Central Bank must continue paying close attention to monetary growth.
Bank of the Netherlands Antilles - Ann Report 2004
According to the Bank of the Netherlands Antilles Annual Report 2004, the economy of the Netherlands Antilles continued to grow in 2004 albeit at a slower pace than in 2003.
Term structure transmission of monetary policy
According to this December 2005 Kansas City Fed Working Paper, the sensitivity of bond rates to macro variables appears to vary both over time and over forecast horizons.
Poole on recent developments in housing markets
In the speech 'Recent developments in housing markets: A national and local perspective' given on 8 March William Poole of the Federal Reserve Bank of St. Louis said the U.S. housing sector may already be cooling but it should level off at high levels…
Sweden's Rosenberg on current monetary policy
In the speech 'Some questions regarding current monetary policy' given on 16 March Irma Rosenberg of the Sveriges Riksbank said that despite the recent hike in the repo rate to 2 pct, monetary policy is still very expansive.
HKMA Quarterly Bulletin, March 2006
The Hong Kong Monetary Authority published the March 2006 issue of its Quarterly Bulletin on 15 March. The Bulletin includes the article 'Hong Kong's renminbi business two years on - reviewing renminbi business since its introduction in February 2004'.
Federal Reserve Board - Beige Book, March 2006
The Federal Reserve published its March 2006 Beige Book survey on 15 March. U.S. economic activity increased across the country in January and February, with businesses feeling continued input cost pressures, the report said.
Richmond Fed promotes branch officer
The Federal Reserve Bank of Richmond has announced that Steven T. Bareford has been named assistant vice president, Banking Supervision and Regulation, effective April 1, 2006.
Fukui rules out early BoJ rate rise
Toshihiko Fukui, governor of the Bank of Japan, sought to lower expectations on Thursday 16 March that an early interest rate rise would follow the end of the BoJ's ultra-loose monetary policy last week.