Central Banking
IMF paper on banks during the Argentine crisis
According to the IMF Working Paper "Banks during the Argentine crisis: Were they all hurt equally? Did they all behave equally?" published February 2006, the simple answer to both questions in the title is: No.
The monetary transmission mechanism in Jordan
This IMF Working Paper, published February 2006, examines monetary transmission in Jordan using the vector autoregressive approach.
Past and future of central bank cooperation
The BIS on Tuesday published papers from its fourth Annual Conference on Past and Future of Central Bank Cooperation, held as part of the Bank's 75th anniversary celebrations, on 27-29 June 2005.
Fed's Stern doesn't see inflation accelerating
According to this article published on Monday, 6 March Minneapolis Fed president Gary Stern is about as relaxed regarding inflation as a central banker can be.
Japan's Abe praises Fukui's wisdom
Japan's top spokesman repeated the government's position on Wednesday 8 March that the Bank of Japan should exercise caution over scrapping its ultra-loose monetary policy.
Greenspan's memoirs sold to Penguin
Former Federal Reserve Chairman Alan Greenspan signed a deal on Tuesday to publish his memoirs with The Penguin Press.
Prime Minister of Lithuania visits ECB
The Prime Minister of the Republic of Lithuania, HE Algirdas Brazauskas, visited the European Central Bank (ECB) on Tuesday.
Swedish Riksbank unanimous in rate hike decision
The Swedish Riksbank's board was unanimous in its 22 February decision to raise the repo rate by 0.25 pct to 2 pct, according to the minutes of the meeting published Wednesday.
Fed's Poole says more rate hikes may be needed
The U.S. economy has a "great deal of momentum" and the Federal Reserve may have to raise interest rates further, one of its top policymakers said on Monday 6 March.
Comment: Has the ECB become more credible?
A recent New York Fed staff paper finds that market perceptions of the ECB's "inflation aversion" have improved significantly over the last six years, reflecting the idea that monetary policy has been guided by a dedication to price stability.
ECB warns on further Asian reserves build-up
The ECB said in a paper published Wednesday 8 March that a further build-up of foreign exchange reserves in Asia could lead to problems such as inflation pressures and asset price bubbles.
Central Bank of Peru - Annual Report 2004
According to the Central Bank of Peru's Annual Report 2004, the year saw a significant improvement in the principal macroeconomic indicators, continuing the favorable trend that began in 2002.
Changes in the Federal Reserve's inflation target
The Boston Fed Working Paper "Changes in the Federal Reserve's inflation target: causes and consequences" estimates a New Keynesian model to draw inferences about the behavior of the Federal Reserve's unobserved inflation target.
Bush quietly reshaping the Fed
Few presidents have had the opportunity to shape the Federal Reserve the way President Bush has this year, according to this article published Friday. And once Bush replaces Ferguson, it says, four of the Fed's seven governors will have taken office in…
Fed veteran Kohn seen as candidate for No. 2 slot
According to this article published Thursday 2 March, Donald Kohn is seen as a top contender for the Federal Reserve's No. 2 spot. Kohn's connection with Alan Greenspan's largely successful tenure is likely to be seen as a plus within the White House, it…
Riksbank to introduce new, more secure banknotes
On 15 March, Sweden's Riksbank will introduce new, more secure 50-krona and 1,000-krona banknotes.
Norges Bank's monetary policy conference 2006
On Thursday 30 March, Norges Bank is holding a monetary policy conference in connection with the publication of Norges Bank's Annual Report for 2005.
What is Japan's quantitative easing?
With the possibility of the Bank of Japan's quantitative easing ending soon, this article published 7 March Tuesday looks at the policy in detail and asks, 'What comes next?'
Italy's Draghi on financial market integration
In the speech 'Financial market integration and the intermediation of savings' given on 4 March Mario Draghi of the Bank of Italy said interest rate levels were "very relaxed" after the ECB lifted rates for a second time in three months.
SARB slows forex buying
The Reserve Bank of South Africa slowed its buying of US dollars to $345m last month from $1,289bn in January, figures published Tuesday showed.
Bank of Canada raises rates to 3.75%
The Bank of Canada announced Tuesday that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 3/4 per cent.
Libya appoints new central bank governor
Libya's top legislative and executive body has appointed Farhat Omar Bin Guidara as the new central bank governor, replacing Ahmed Mohammed Moneisi.
OECD cautions Japan on policy move
The OECD cautioned Japan on Monday 6 March against a hasty move to end its zero interest-rate policy, saying the country was only slowly emerging from deflation.
Japan's Abe says BOJ should be transparent
Japan's top government spokesman said on Tuesday 7 March that it was important that the Bank of Japan's monetary policy is transparent.