Monetary policy
Eurozone crisis weighs on Swiss exit plans: SNB's Jordan
Swiss National Bank deputy head Thomas Jordan says normalisation of monetary policy hampered by eurozone debt crisis
BoE minutes: Bank held rates on delayed recovery
Bank of England minutes show key rate was left at 0.5% on continued uncertainty over pick-up in economic growth
Buba’s Weber interested in price-level targeting
Bundesbank president Axel Weber says move to price-level targeting could help anchor inflation expectations
RBA: inflation expectations converging globally
Reserve Bank of Australia paper finds inflation targeting policies helped the convergence of inflation forecasts to US levels
BoK bristles at government presence during rate-setting vote
Bank of Korea governor Kim Choong Soo calls for change in government involvement in monetary-policy meetings; tensions threaten to escalate into full-blown row
Economic cycles in Middle East, North Africa and Pakistan
New IMF paper analyses recessions and recoveries in Middle East, North Africa and Pakistan
Bank of Canada launches new commodities index
Bank of Canada replaces old fixed-weight measure with new Fisher chain index of Canada’s commodities market
Ex-governor Fraser knocks RBA’s rapid hikes
Former Reserve Bank of Australia chief Bernie Fraser says central bank has been too eager in its rate hikes given the European debt crisis and its potential impact on growth worldwide
IMF: allowing assets to run to maturity best exit strategy
IMF study on Japan’s experience of quantitative easing shows best exit strategy is to allow asset purchases to run to maturity
'Audit the Fed’ clause weakened on independence fears
Senator who proposed full Fed audit drops demands to review discount window and open market operations, White House and Fed pressure seen as key
IMF: inflation targeting the next step for emerging economies
IMF study makes strong case for adoption of inflation targeting in emerging economies
Riksbank’s Svensson concedes further cuts unlikely
Lars Svensson explains the banks decision to leave its benchmark rate at 0.25% until December 2010, after previous calls to cut the rate further
BoE broad money returns to pre-crisis growth levels
Bank of England estimates show broad money rose sharply in March, as credit conditions in the United Kingdom continue to improve
NBB: Macroeconomics not to blame for financial turmoil
Belgian central bank paper looks at the consequences the financial crisis on macroeconomics with a study of Keynes and Lucas.
NBB: research department’s role in central banks vital to policy
Belgium National Bank looks at role of research departments in the bridging gap between policymakers and academics
Dallas Fed - Annual Report 2009
Dallas Fed report for 2009 looks at causes of financial crisis and outlines shape of new policy
Bank reports on impact of quantitative easing
Bank of England asset purchase report shows bank held gilts purchase steady in early 2010 despite marginal sale in corporate bonds
Poland succumbs to political pressure and pays more into state coffers
National Bank of Poland could pay almost twice the amount originally offered
Don't raise rates too late, ECB's Bini Smaghi warns
ECB board member Bini Smaghi offers recommendations to policymakers on strategy towards tightening policy
Vietnam lifts loan rate caps to dampen inflation
Vietnamese central bank frees commercial loan rates from base rate to stymie credit growth, new law which would give it more independence under discussion
Lacker: Fed needs to offload risky assets first
Richmond Fed President tells audience MBS sales would reduce distortions in asset prices.
Norges Bank: discretionary policy as good as simple rule policy
Norges Bank paper shows that optimal monetary policy is equally as effective in conducting policies as a simple rule system.
Singapore in surprise tightening
Monetary Authority of Singapore raises centre of exchange rate band, says it will target modest currency appreciation
Fed to lose monetary affairs chief
Monetary affairs director Brian Madigan plans to retire later this year, he is succeeded by deputy director William English