Central Banking
Trichet on Eurozone reforms and growth
In a speech on 'Structural reforms and growth, as highlighted by the Irish case' given on 31 May, Jean-Claude Trichet of the ECB said governments of the twelve euro countries could help boost consumer confidence by increasing efforts to cut their budget…
Canada's Kennedy on capital markets
In a speech on 'Canada's Capital Markets: How Do They Measure Up?' given on 27 May, Sheryl Kennedy of the Bank of Canada compares the efficiency of Canada's capital markets with those in other countries. She concludes with a discussion of monetary policy…
SNB's Roth on Switzerland: An Island in Euroland?
In a speech on 'Switzerland: An Island in Euroland?' given on 21 May, Jean-Pierre Roth of the Swiss National Bank said the introduction of the euro constituted a real revolution for Europe and represented arguably the major postwar stage in European…
Central Bank of Trinidad and Tobago - Ann Rep 2003
The Central Bank of Trinidad and Tobago has published its Annual Report for the financial year ended 30 September 2003. In 2003, the Trinidad and Tobago economy continued to register strong growth based largely on developments in the energy sector…
Sveriges Riksbank Inflation Report, No.2, 2004
Sweden's central bank, the Sveriges Riksbank, has published its Second Inflation Report for 2004. On the whole, the recovery in the Swedish economy has progressed largely as anticipated in the previous Inflation Report. New data suggest that net exports…
PBOC won't hike rates if economy grows
China will not raise interest rates as long as the nation's economy keeps growing, People's Bank of China Vice Governor Su Ning said at a symposium in Tokyo, the Nihon Keizai Shimbun reported.
BOJ's Muto says unclear when deflation will end
A Bank of Japan official said on Tuesday 1 June that it was unclear when deflation in Japan would end and that the central bank would maintain its quantitative easing policy for a "considerable time".
Fazio warns Italian government on spending
Speaking during the Bank of Italy's annual meeting on Monday 31 May, Antonio Fazio said that Italy is still capable of joining in with the world recovery but it has to change direction, initiating a clear, concrete and agreed economic policy.
Philippines may stay on FATF list
The Philippines may have to wait another year before it can be removed from the list of so-called "uncooperative" countries by the Financial Action Task Force (FATF,) Governor Rafael Buenaventura of the Bangko Sentral ng Pilipinas said Monday 31 May.
bundesbank's Remsperger on real-time data
In a speech on 'Real-Time Data and Monetary Policy' given on 28 May, Hermann Remsperger of the Bundesbank said that research on real-time data is of utmost importance for central banks.
Interview with Professor Rifaat of the IFSB
Increasingly, central banks are working together to ensure consistent regulation of Islamic banks. The latest issues of The Financial Regulator journal includes an interview with Professor Rifaat, Secretary-General of the Islamic Financial Services Board…
Issing on the euro and the Lisbon agenda
In a speech on 'The euro and the Lisbon agenda' given on 28 May, Otmar Issing of the ECB said structural reforms in eurozone countries would allow the ECB to avoid sharp interest rate changes in reaction to external shocks.
Central Bank of Nigeria: From Sanusi to Soludo
This article published by Vanguard today, 28 May, looks at the leadership changeover at the Central Bank of Nigeria. Joseph Sanusi will step down as CBN governor on Saturday, 29 May, when Professor Charles Soludo will begin his own tenure. Sanusi's five…
DNB visitors play governor for a day
With summer fast approaching in Europe, visitors to the Netherlands central bank will get to play an interactive quiz game where they act as central bank governor for the day.
Central bank employees to strike in Israel
Bank of Israel employees are to begin a protest strike against Bank of Israel Governor David Klein and the Bank's Board of Directors, according to Maariv International.
CBBH appoints new vice governor
The Governor of the Central Bank of Bosnia and Herzegovina, Peter Nicholl, has appointed Anka Musa as Vice Governor of the CBBH and Ankica Kolobaric as Comptroller General of the CBBH.
Former Atlanta Fed President Forrestal dies at 72
The Federal Reserve Bank of Atlanta announced on Wednesday, 26 May, the death of former Atlanta Fed President and Chief Executive Officer Robert P. Forrestal who passed away at 72. Forrestal served as Atlanta Fed president from 1983 until 1995.
Solans set to leave ECB
ECB Executive Board Member Eugenio Domingo Solans, who in 2002 oversaw the debut of the euro notes and coins, will step down from his post on Monday, 31 May. He will be replaced by Spaniard Jose Manuel Gonzalez Paramo.
Former IMF chief elected German President
Former head of the International Monetary Fund, Horst Kohler, was narrowly elected Germany's new president last Sunday, 23 May.
Riksbank appoints new department heads
At its meeting on 19 May the Executive Board of the Sveriges Riksbank appointed Kai Barvell as new head of the Market Operations Department and Mats Galvenius as head of the new general secretariat.
Geithner: Perspectives on the US financial system
In a speech on 'Perspectives on the U.S. Financial System' given on 27 May, Timothy Geithner of the New York Fed said banking supervisors are engaged in a never-ending "arms race" with the increasingly complex financial system they are supposed to…
Caruana on risk management trends
In a speech on 'Risk management trends & the supervisory structure' given on 27 May, Jaime Caruana of the Bank of Spain said there is a need for risk management and supervision to evolve together and to reinforce each other. Both areas must keep pace…
BOE's Nickell sees further rate rises
Bank of England Monetary Policy Committee member Steve Nickell said in an interview with the Times newspaper that the bank's benchmark interest rate will need to rise further.
BOJ's Suda: Start planning exit policy
The Bank of Japan's Miyako Suda said this month that the BOJ should start planning an exit from its ultra-loose policy, according to a report of her speech.