Central Banking
Central Bank of Kuwait - Annual Report 2003-2004
The Central Bank of Kuwait pursued its efforts in drawing and implementing monetary policy, as well as enhancing the programs for the supervision and oversight of the banking and financial system during the year, the report said.
Dallas Fed's Fisher on the world economy
In the speech 'The world economy: Sharpening our peripheral vision' given on 29 July, Richard Fisher of the Federal Reserve Bank of Dallas said China's growing role in the global economy presented challenges to the United States, but that the U.S…
Central Bank of Luxembourg - Annual Report 2004
The Central Bank of Luxembourg has published its Annual Report for the year ended 2004. Growth in the euro zone is expected to pick up towards the end of 2005, according to the annual report.
BOJ's Fukui positive on economy
Bank of Japan governor Toshihiko Fukui told parliament on Tuesday 2 August that consumer prices will likely turn positive by the year-end and the soft patch in the economy could soon be over.
Greenspan praises late ECB chief
Federal Reserve chairman Alan Greenspan on Monday 1 August praised the contribution of the European Central Bank's first president, Wim Duisenberg, who died on Sunday.
Snow says Brazil markets taking scandal in stride
US Treasury Secretary John Snow said there is little evidence that Brazil's economy is being damaged by a vote-buying scandal that has engulfed the government of President Lula da Silva.
Sweden's central bank signs for RTGS system
Sweden's central bank Sveriges Riksbank has contracted with Italian IT provider Societa Interbancaria per l'Automazione (SIA) for the delivery and implementation of a real time gross settlement (RTGS) system.
ECB sued over euro note security
A company that specialises in anti-counterfeiting technology filed a lawsuit against the European Central Bank on Monday 1 August claiming the euro common currency infringes on a patent issued in 1999.
Central Bank of Jamaica - Annual Report 2004
The Central Bank of Jamaica has published its Annual Report for the year ended 2004. Core or underlying inflation continued to trend downwards in line with the policy objective despite a shock to headline inflation in the latter half of the year, the…
Bank of Korea - Annual Report 2004
The Bank of Korea has published its Annual Report for the year ended 2004. Over the course of 2004, despite the buoyancy of exports, the state of overall business activity showed little improvement because of the protracted downturn of domestic demand,…
PBOC's Ning on China's bond market
In the speech 'Promoting actively development of China's bond market' given on 15 July, Su Ning of the People's Bank of China said he is confident that, with the efforts of all parties in China's bond market, the Chinese bond market is bound to see a…
ECB statement on Wim Duisenberg's death
The European Central Bank released a statement on Sunday 31 July following news of the death of former ECB president Wim Duisenberg.
Fazio defends conduct in takeover battle
Bank of Italy governor Antonio Fazio said he defended his conduct in clearing bank mergers and takeover bids, according to comments in La Repubblica newspaper.
US house prices suggest strong economy: Bernanke
White House economic adviser Ben Bernanke said on Friday 29 July that he thought strong U.S. housing prices reflected a healthy economy and thought it was unlikely there would be a national decline in prices.
BOJ economist forecasts sustainable recovery
The Bank of Japan's top economist said the central bank is getting more confident that an economic recovery is sustainable because consumer spending is improving at a faster pace.
Former ECB president found dead
Wim Duisenberg, former president of the European Central Bank, was found dead on Sunday 31 July at his villa in the south of France.
BSP sees inflation at 6.5%-7%
The Bangko Sentral ng Pilipinas, Philippine central bank, said Friday the annual inflation rate likely fell to 6.5-7.0 percent in July from 7.6 percent in June as abundant food supply offset pressures from high oil prices.
SF Fed's Yellen on the economy and monetary policy
In the speech 'Views on the economy and implications for monetary policy' given on 29 July Janet Yellen of the Federal Reserve Bank of San Francisco said the Fed should keep raising interest rates to pull some of the stimulus out of the U.S. economy.
IADB elects new President
Colombian diplomat and former minister of economic development Luis Alberto Moreno was elected president of the Inter-American Development Bank on Wednesday 27 July during a special meeting of the Bank's Board of Governors at IDB headquarters in…
Bank of Canada appoints Special Adviser
The Bank of Canada announced the appointment of Bruce Little on Thursday to the position of Special Adviser for the year 2005-06.
IMF's Rato offers congratulations to Moreno
IMF Managing Director Rodrigo de Rato congratulated Luis Alberto Moreno on Wednesday 27 July following his election as President of the Inter-American Development Bank. Rato said his diplomatic experience and leadership will benefit Latin America's…
IMF chief draws fire over style as leader
This article published on Wednesday 27 July suggests a whispering campaign has begun in Washington against IMF chief Rodrigo de Rato. They accuse Rato of being a hands-off manager who spends too much time abroad and eyes Spain's highest elected office,…
Spain suggests supervisory appointment changes
Julio Segura, director of the Bank of Spain, has recommended a few changes to the way that appointments are made for executives of regulatory and supervisory boards.
The decline of Japan's saving rate
The Bank of Japan Working Paper "The decline of Japan's saving rate and demographic effects" investigates the phenomenon in which Japan's household saving rate showed a sharp decline even during the long stagnation period called "the lost decade."