Skip to main content

Central Banking

Sweden's Heikensten on current monetary policy

In a speech on 'Monetary policy - some current issues' given on 10 February, Lars Heikensten of the Sveriges Riksbank said there are signs of an upturn in the euro area now, although the picture is not as clear-cut as in the United States.

What monetary regime for Iraq?

This article, co-authored by Professor Steve Hanke and Matt Sekerke, says that the choice of monetary regime for Iraq remains wide open despite measures to establish an independent central bank, framework for bank regulation, and Saddam-free bank notes.

Asian currencies may be linked to China's yuan

In an interview, Avinash Persaud said that people have tended to view Asia as being on a dollar peg when in reality it is, in his view, on a renminbi peg. He also said it was unlikely the Chinese would respond to criticism of their currency regime but…

Bank of England Inflation Report, February 2004

In its latest Inflation Report, the Bank of England revised upwards its growth forecast over the next two years, saying the risks to the overall outlook were broadly even. Mervyn King told a news conference that inflation was expected to rise steadily to…

ECB board member says euro rates appropriate

In a speech on Tuesday 10 February, European Central Bank executive board member Gertrude Tumpel-Gugerell said the ECB is not currently considering a cut in rates and that despite the euro's rise growth predictions remain the same.

Greenspan sees vigorous growth, warns on deficit

In testimony on Wednesday 11 February, Fed Chairman Alan Greenspan said the U.S. economy has good odds for sustained robust growth, but that policy-makers can be patient about interest-rate rises. He warned there could be problems "in the relatively near…

Wounded Bosnia heals with NZ money policy

Want evidence that New Zealand's general approach to monetary policy works whatever the environment? In this article Peter Nicholl, governor of the central bank of Bosnia, says a main ingredient of good central bank law is operational independence and…

Jenkins on economic confidence in Canada

In a speech on 'Economic Confidence and the Work of the Bank of Canada' given on 9 February, Paul Jenkins of the Bank of Canada discusses two of the Bank's key functions that help to reinforce confidence in Canada's economy: the issuance of bank notes…

Call for new central bank rules in Syria

This article looks at what it calls the 'erratic' actions of the central bank of Syria in its interest rate setting policy. It calls for the introduction of new rules and practices into the system to regain confidence.

Argentina holds 'constructive' IMF talks

Argentina's Economy Minister Roberto Lavagna described talks with IMF chief Horst Koehler on Monday as constructive but said there was no change in its offer to repay its defaulted debt at 25 cents on the dollar.

Russia not to vary currency policy after G7 meet

Russian Central Bank First Deputy Chairman Oleg Vyugin said on Monday 9 February that the bank saw no reason to change its currency policy following last weekend's Florida meeting of the Group of Seven finance ministers and central bank governors.

Interview with Czech National Bank's Zdenek Tuma

In excerpts from an interview from the February issue of Central Banking journal, published Monday February 9, the governor of the Czech National Bank discusses his concerns for the process and timing of joining the euro and outlines how he sees European…

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.