Interest rates
Rate signals and CB transparency
Interest rates should be added to the list of signals that central banks can reveal in order to be transparent, according to a paper published by the Centre for Economic Policy Research.
Taiwan - Annual Report 2006
Taiwan's economy grew by 4.62% last year, buoyed by strong exports in the consumer electronics sector.
Subprime reaction mirrors past crises - Greenspan
Alan Greenspan, a former chairman of the Federal Reserve, has said that the reaction of bankers to the subprime crisis is identical to their behaviour during the 1987 crash and the near-collapse of the Long Term Capital Management hedge fund in 1998.
Cyprus holds rates
The Central Bank of Cyprus decided to leave its benchmark rate at 4.5% on Monday.
Gambia holds rates at 15%
The Central Bank of the Gambia said that an increase in food prices meant that it had to keep its benchmark rediscount rate at 15%.
Malaysia holds rates at 3.5%
Bank Negara Malaysia decided to keep its overnight call rate at 3.5% on Friday.
Ford chief joins Wall Street's calls for Fed cut
Alan Mulally, the chief executive of motor company Ford, voiced his support for a cut to the federal funds rate on Friday.
Japan holds rates for now
The Bank of Japan's monetary policy board voted 8-1 in favour of keeping the overnight call rate at about 0.5%.
Polish MPC member says rate hike can wait
Stanislaw Owsiak, a member of the National Bank of Poland's monetary policy council (MPC), said July data indicated an August interest rate rise may not be necessary.
China makes two rate hikes to cool inflation
The People's Bank of China increased its benchmark rate by 18 basis points to 7.02% and its deposit rate by 27 basis points to 3.6% in an effort to stabilise inflationary pressures.
RBA's Stevens testifies to lawmakers
The Reserve Bank of Australia's governor, Glenn Stevens, and three senior officials were grilled on the impact of subprime, models used for forecasting and the prospects interest rates in an election year at this House of Representatives hearing.
Market optimism fades after Fed action
After the rally in US equity market of Friday continued in Asian and European markets after the weekend, Wall Street indexes were firmly back in the red by mid-day on Monday.
Czech deputy sees "significant" rate rise
The Czech central bank should raise rates "significantly" to keep inflation on target, says Ludek Niedermayer, the Czech central bank's deputy governor.
Norway raises rates to 4.75%
The Central Bank of Norway has increased its key policy rate by 0.25% to 4.75%, despite acknowledging recent market turmoil.
Japan drains 2 trillion to stabilise rates
The Bank of Japan absorbed 2 trillion ($16.8 billion) from the markets on Wednesday 15 August after the overnight call rate dropped below the central bank's target rate.
Polish rates to rise soon
Halina Wasilewska-Trenkner, a monetary policy committee member at the National Bank of Poland, says interest rates will rise in either August or September this year.
BoE's MPC all agreed to hold rates
Minutes of this month's meeting at the Bank of England revealed all nine members of the monetary policy committee were in favour of this month's rate hold.
Riksbank deputy discusses monetary policy
Barbro Wickman-Parak, the deputy governor of the Riksbank, gave her views on June's rate rise at a meeting held at the Stockholm office of Swedbank, a commercial bank.
UK inflation stats lower chances of rate hike
The UK's inflation rate has fallen below its target 2% rate for the first time in 15 months, fuelling speculation that interest rates have peaked at 5.75%.
Chilean rates reach five-year high
Chile's central bank lifted its overnight lending rate to the highest in five years, and suggested that additional tightening is likely to be needed to keep inflation anchored around the 3% inflation target.
Italian bank takeovers a success - Saccomanni
The acquisition of southern Italy's leading banks by banks in the centre and north of the country have had important positive effects, contributing to improve principles and techniques of credit management, Fabrizio Saccomanni, a director general of the…
Kenya raises rates as inflation rises by a quarter
The Central Bank of Kenya looked to combat mounting inflation on Wednesday with a twenty five basis point increase to its central bank rate.
Australia raises rates to 6.5%
The Reserve Bank of Australia has increased interest rates by 25 basis points in an attempt to ward off inflation.
Fed looks to stabilise economy with rate hold
Against a backdrop of mounting concern over the health of the American economy, the Federal Reserve decided to leave its federal funds rate at 5.25% yesterday.