Monetary policy
MAS reserve chief backs move into riskier assets
Monetary Authority of Singapore's Lee Chuan Teck says crisis had failed to dispel faith in diversification despite large mark-to-market losses
A new transmission model – research
An IMF working paper outlines a panel unobserved components model of the transmission mechanism
No way to tell if QE’s worked: BoE’s Bean
MPC will have to tighten gradually to avoid undershooting inflation target
Banks and their profits will shrink: Buba’s Weber
Bundesbank president says industry will benefit from post-crisis blood-letting
Macro still has a lot to offer: Chile’s De Gregorio
Macro models must be refined to incorporate what we now know to reduce the risk of future crises, says governor of Central Bank of Chile
Monetary policy must inspire confidence to counter debt fears
Kate Barker, a member of the Monetary Policy Committee, argues central bank must be sensitive to changes in attitudes towards debt and investment
Weaker CBs must work harder in face of shock
Central banks with less credibility must work harder to combat a cost shock
Bank’s second monetary-policy roundtable
Bank of England summarises its monetary-policy roundtable
ECB board member speaks on financial crisis role
José Manuel González-Páramo gives a keynote speech at RiskEurope on the role of central banks in a financial crisis.
Bernanke: public must grasp economic developments
Ben Bernanke says the public’s economic understanding is crucial for the conduct of monetary policy
BoE's Barker and Fisher on economic outlook
Although there have been some encouraging signs in the British and global economies, the real question is what is happening to final demand, said Kate Barker, an external member of the Bank of England's Monetary Policy Committee (MPC).
PBOC to face policy challenges in the future
Changes to China's financial position have not affected the money demand function yet but will in the future, new research from the International Monetary Fund posits.
BIS volume on household debt-policy implications
The Bank for International Settlements has published a volume of speeches and papers delivered at a seminar on the implications of household debt for monetary policy and financial stability, held in March 2008 in Seoul.
Chile to keep rates at record low until mid 2010
The Central Bank of Chile has indicated that, contrary to market expectations, it is likely to keep rates at a record low of 0.75% until at least the middle of next year.
Posen to join Bank's MPC
Adam Posen, a deputy director at the Peterson Institute, is to replace Tim Besley on the Bank of England's Monetary Policy Committee (MPC).
US output gap may be smaller than thought
That core inflation has fallen relatively little indicates that there is less slack in the American economy, and thus a smaller output gap, than standard estimates predict, research published by the San Francisco Federal Reserve posits.
On macrofinance and monetary policy
The National Bank of Denmark has published a thesis exploring some of the theoretical and empirical aspects of monetary policy and macrofinance.
Central Bank of Armenia - Annual Report 2007/08
One of the key priorities in 2009 for the Central Bank of Armenia is the establishment of the All-Armenian Bank, which will invest large-scale projects with focus on education, healthcare, and tourism, notes the latest Annual Report from the country's…
Resource utilisation a policy factor for Riksbank
Monetary policy should take into account not only the total amount of spare capacity in the economy, but also its composition, said Svante berg, the first deputy governor of the Riksbank.
Iceland dismisses IMF advice and cuts
The Central Bank of Iceland's rate-setting board cut its key rate by a percentage point on Thursday despite the International Monetary Fund (IMF) last week supporting a "firm" monetary stance.
No to EU, yes to supervision role for BoE
The idea of a greater role for European Union regulation of United Kingdom's financial services must be resisted, said Sir Martin Jacomb, a former external director of the Bank of England, in a new report from the Centre for Policy Studies, a think tank.
Cen banks must take long-term view - Buba's Weber
The president of the Bundesbank, Axel Weber, said central banks should consider whole economic cycles, rather than simply shorter-term "snapshots", when they are setting monetary policy.
Bank of Canada - Spring Review
The Spring issue of the Bank of Canada Review considers changes to the country's inflation-targeting framework.