Central Banking
Fisher and Fischer withdraw from NY Fed race
The Washington Post reported on Wednesday 14 May that two top contenders for the job of president of the New York Fed, Peter Fisher and Stanley Fischer, have withdrawn their names from consideration for the position.
Germany sparks row over bank watchdog
Bundesbank president Ernst Welteke is reported by the Independent newspaper to have said on Tuesday 13 May that Germany rather than London should house the new supervisory regulator for banking in Frankfurt because of the proximity to the ECB and because…
Serb c bank chief: foreign reserves reach $3.3bn
National Bank of Serbia Governor Mladjan Dinkic has said the country's foreign currency reserves have reached 3.3bn dollars, according to the Tanjug news agency.
Russian c bank reports surge in counterfeit notes
In its annual report for 2002 the central bank of Russia has reported an increase in forged bank notes of 17 per cent with the 100-rouble note the most popular to be copied, reports the ITAR-TASS news agency.
Ghana- Bill against money laundering in the offing
An anti-money laundering bill developed by the Bank of Ghana, according to Ghanaweb, is intended to address the devastating economic, security and social consequences of money laundering.
Eurasian c bankers to discuss market integration
Representatives from the Central Bank of Russia and the national banks of Belarus, Kazakhstan and Kyrgyzstan will arrive in Dushanbe to discuss issues of cooperation in the area of currency market integration, reports the Asia-Plus news agency.
Central Bank of the Bahamas - Annual Report 2002
The Central Bank of the Bahamas has published its Annual Report for the year ended 2002.
Central Bank of Jamaica - Annual Report 2001
The Central Bank of Jamaica has published its Annual Report for the year ended 2001.
Central Bank of Aruba - Annual Report 2001
The Central Bank of Aruba has published its Annual Report for the year ended 2001.
Central Bank of Barbados - Annual Report 2001
The Central Bank of Barbados has published its Annual Report for the year ended 2001.
National Bank of Denmark - Annual Report 2002
The National Bank of Denmark has published its Annual Report for the year ended 2002.
Swiss National Bank - Annual Report 2002
The National Bank of Switzerland has published its Annual Report for the year ended 2002.
Fed Res Bank of Philadelphia - Annual Report 2002
The Federal Reserve Bank of Philadelphia has published its Annual Report for the year ended 2002.
'The central bank that has missed the point'
The ECB's new monetary policy strategy has not impressed Professor Paul De Grauwe. In an article in the Financial Times he calls the moves an anticlimax with the ECB creating confusion instead of clarity. He suggests the eurozone central bank come up…
Fed Reserve Bank of Richmond - Annual Report 2002
The Federal Reserve Bank of Richmond has published its Annual Report for the year ended 2002.
Annual Report of the ECB's Anti-Fraud Committee
The Annual report on the activities of the Anti-Fraud Committee of the European Central Bank has been published, covering the period from March 2002 to January 2003.
RBA Statement on Monetary Policy, May 2003
The Reserve Bank of Australia has released its May 2003 Statement on Monetary Policy. The global economy entered a period of slower growth towards the end of last year, which has continued into 2003. While this has been generally expected to be temporary…
Chicago Fed's Moskow on corporate governance
In a speech on 'Corporate Governance: A Rational Course for Public Policy' Michael Moskow of the Federal Reserve Bank of Chicago said he supports the proposals first-and-foremost because they are consistent with the principles of good corporate…
IMF Working Paper - The ECB's Money Pillar
In the IMF Working Paper 'The ECB's Money Pillar: An Assessment' Albert Jaeger discusses the case for a money pillar in the European Central Bank's (ECB) monetary policy strategy. The Paper says effective communication of the ECB's monetary policy…
IMF Working Paper - The ECB's Inflation Objective
IMF Working Paper 'The ECB's Inflation Objective' by Mads Kieler. The ECB's objective of medium-term inflation below 2 percent has been portrayed by critics as ambiguous, asymmetric, and excessively stringent. This paper attempts a comprehensive…
Shortage of notes threatens Zimbabwe's banks
Zimbabwe has been hit by a shortage of banknotes recently after currency restrictions made it difficult for the central bank to import special note paper, banking officials said. However, the central bank this week attributed the note shortages to the…
Indonesia announces new central bank governor
A parliamentary commission on Monday 12 May selected Burhanuddin Abdullah to head Indonesia's central bank, according to a report by Channel News Asia Mr Burhanuddin won 34 votes from commission members while current central bank deputy governor Miranda…
Brown reaffirms euro test results date
Gordon Brown on Tuesday 13 May repeated that the result of its five economic tests on whether Britain should join the euro would be announced by the first week of June, according to a report by Business & Finance
Bundesbank sees German public deficit at 3.5%
Bundesbank chief economist Hermann Remsperger said in an interview with Sueddeutsche Zeitung, reported by RTE News, that the German fiscal deficit would amount to 3.5% of gross domestic product (GDP) this year.