Articles by Central Banking Newsdesk
Greek paper raises ‘red flag’ over Emu integration
Researcher from Bank of Greece analyses the impact of the Economic and Monetary Union on financial market integration by assessing its effect on capital holdings
Ukraine calls on IMF help as NBU focuses on financial stability
New government asks IMF and other international lenders for a bail-out; interim president tells central bank staff they must restore public confidence in the banking system
Iceland MPC fears debt relief package will boost inflation
Central Bank of Iceland frets over economic impact of government's plan to relieve 100,000 households of $1.32 billion in debt
Armenia pips Kazakhstan to coin award
Central Bank of Armenia commemorative coin triumphs over National Bank of Kazakhstan offering in an Italian competition for Best Coin of the Year
Central Bank of Brazil hike 'signals end' to year-long tightening cycle
Central bank raises benchmark Selic rate by 25 basis points to 10.75% in move that analysts say means a lower peak is probable
Rajan sets out five-point plan to tackle food inflation
Reserve Bank of India governor says monetary policy can help control food inflation, but insists the government 'has an important role to play'
IMF praises full-tilt reform at Paraguayan central bank
The central bank has introduced a string of reforms recently, including an overnight lending facility, a tighter benchmark rate and bi-annual inflation reports
Mersch cautiously optimistic on RMB internationalisation
Renminbi internationalisation could bring benefits both to China and outsiders, ECB board member says, if Chinese reforms continue and investors take care
Devaluation would not hit Albanian short-run trade balance, research suggests
Evaluation of Albanian trade with its biggest trading partners finds little evidence of the deterioration in trade balance suggested by the ‘J-curve' hypothesis
IMF statisticians create composite index of financial inclusion
A working paper outlines the design of the index and then applies it to a sample of 31 countries; Maldives comes out on top while Chad gets the wooden spoon
Georgians vote on new currency symbol
National Bank of Georgia has shortlisted five designs in the race to represent the national currency, the lari
Pakistan looks to raise public profile of Islamic finance
The State Bank of Pakistan launches a five-year strategic plan to develop Islamic finance domestically and abroad; sets focus on improving public perception of the industry
Banks could be forced to leave UK if home regulators are found wanting
Draft rules published today by the UK banking supervisor put pressure on non-EEA countries to up supervision of banks that want to do business in London
Europe card fraud up after five-year decline, ECB data show
Growth in online shopping blamed for increase in card payments fraud, which totalled €1.33 billion within the Single Euro Payments Area in 2012 - up 21% on the previous year
Wages more sticky in the US than in Japan, BoJ paper finds
The empirical fit of the New Keynesian Wage Phillips Curve is generally superior for Japan, auhors note; inflation indexation plays a key role in the US, but is less important in Japan, they add
Pope to set up Vatican central bank
Vatican City set to establish its own central bank as Pope Francis looks to overhaul a financial system that has suffered accusations of corruption
Norges Bank review calls on MPC to relinquish control of wealth fund
Annual report published today raises ‘serious concern' over monetary policy committee's capacity to oversee $830 billion wealth fund with most members having other full-time jobs
Finnish paper finds forecast errors correlate with subjective uncertainty, not 'disagreement'
Paper analyses forecasts in the ECB's Survey of Professional Forecasters and the US Survey of Professional Forecasters to find the best predictor of errors
Policy must do more to get women and low-skilled into work, paper finds
Slovak economists analyse the elasticity of labour supply and find that changes in the tax and benefits system could entice women in particular into the workforce
Financial market fragility might be down to 'poor policies', says Lacker
Stylised and abstract economic models used to 'justify' Fed intervention during the financial crisis may not have received enough discussion, Richmond Fed president argues
Fed floats ‘advanced approach' for calculating risk weights
Biggest US banks will use new approach to calculate risk-based capital ratios from Q2 2014; changes to stress-test procedures pushed back a year to October 2015
Sepa obstacles have 'not evaporated completely’, warns Finland paper
Bank of Finland researcher finds the advent of the Single Euro Payments Area has not removed all of the barriers to ‘a true domestic products and services market’
G-20 pledge signposts en route to 'normal' monetary policy
Central bank governors and finance ministers in the world's biggest economies promise to be ‘mindful of impacts on the global economy' as they exit unconventional monetary policy
Singapore unveils faster payments service
The Association of Banks in Singapore says ‘almost immediate’ payments service for interbank transfers will launch in the middle of the year