Financial crisis
BIS research highlights changes in Asian loans market
BIS investigates changes in loan-loss provisioning in Asian banking sector in wake of Asian financial crisis
Bank of Spain governor warns against complacency
Miguel Fernández Ordóñez outlines progress made in reforming Spanish banking sector; stresses there is more to be done, and that European interventions have merely bought time to push changes through
Riksbank presents monetary policy report to Swedish parliament
Swedish central bank outlines monetary policy decisions from 2011; reveals international pressures hampered growth
IMF working paper studies impact of financial crisis on low-income countries
International Monetary Fund research investigates shocks that caused the crisis; concludes that low-income countries must take broader view when forming monetary policy
Central banks well placed to deliver on macro-prudential policy, says ECB’s Constâncio
ECB vice-president outlines macro-prudential roles for European central banks
Chakrabarty: Crisis has turned policy frameworks 'on their head'
Reserve Bank of India deputy governor tells conference that policy focus has moved towards future crisis prevention
BoJ's Kamezaki says efforts to reform Europe no more than 'stop-gaps'
Bank of Japan’s Hidetoshi Kamezaki says fiscal reform and boosting funds for 'firewalls' are essential to prevent a future crisis
QE3 prospects diminish slightly after FOMC minutes release
FOMC minutes provoke fresh questions as to likelihood of further QE; Fed board members cautious on growth prospects
Interests of investors and supervisors are aligned by Basel reforms, says BIS chief
Bank for International Settlements general manager believes Basel reforms pose no long-term conflict of interest between bank shareholders and supervisors
Bank of Slovenia forecasts economic contraction in 2012
Bank of Slovenia forecasts 1.2% contraction in 2012: revised budget in April expected to contain further fiscal tightening
ESRB supports flexibility in EU legislation
European Systemic Risk Board backs flexible approach in EU legislation governing macro-prudential policy
Bernanke stresses financial stability role of central banks
Fed chairman says central banks must treat financial stability and monetary policy as equally important; discusses new regulatory regime as he delivers final student lecture in series
Stark says contagion threat has been ‘overstated’
Former European Central Bank executive board member says risk of contagion in the eurozone has been “overstated” since the start of the financial crisis
IMF paper focuses on future of risk-weighted assets
International Monetary Fund working paper discusses the differing perceptions of risk-weighted assets and the measures that may remedy the imbalances in how these assets are perceived
Trinidad and Tobago governor calls for improved regional financial regulation
Ewart Williams believes the financial crisis should serve as a wake up call to the region; says increased legislation and supervision are needed
Israeli governor airs fears over impact of European slowdown
Stanley Fischer discusses European economic strife impact on Israeli growth prospects; expresses worries over possible methods for increasing defence budget
Fed’s Plosser cautions against aggressive monetary policy loosening
Philadelphia Fed chairman warns of threat to economic stability from inflation in the medium term; hints rates may have to be raised before 2014
Interbank market ‘almost dead’ in Europe, says Banque de France’s Mongars
ECB operations are critical for European bank funding as the interbank market is all but broken, says NALM panellist
Norway research links income inequality and banking crises
Norges Bank working paper discusses role of income inequality in fermenting the financial crises in Norway in 1991-1992 and the US in 2008
BoE’s Posen says credit failures are hampering UK recovery
UK MPC member Adam Posen highlights lack of non-bank credit options as being among reasons for the slower pace of recovery in the UK relative to the US
Estonian governor calls for eurozone co-operation
Lipstok says eurozone member states must work together to ensure a sustainable economic recovery
King sets out loose monetary policy exit plan
Governor of the Bank of England explains how the UK will unwind from the loose monetary policy measures brought in to support the flailing economy
RBA warns banks against chasing ‘unrealistic profit’
Reserve Bank of Australia’s latest Financial Stability Review cautions banks not to increase risk-taking by chasing ‘unrealistic profit expectations'
Bernanke commends global co-operation for stemming ‘meltdown’
Fed chairman says Fed and international policy actions prevented economic “meltdown”; says some areas of co-operation need improvement