Articles by Central Banking Newsdesk
Buba’s Weidmann defends German role in eurozone rescues
President of the Deutsche Bundesbank says criticising German authorities for their action, or lack of it, in helping struggling eurozone counterparts is “quite inappropriate”
Korea braces for higher oil prices
Bank of Korea governor holds economic review with leading academics and others; group discusses rising oil prices
EU freezes assets of Syrian central bank
Council of the European Union announces freeze on central bank assets among string of sanctions; EU “increasingly appalled” by situation in the country, says council
Lagarde stresses importance of firewalls
Managing director of IMF says she is “encouraged” by G-20 commitment to strengthening firewalls to limit spread of economic damage
IMF approves conditional distribution of gold profits
International Monetary Fund agrees to distribute $1.1 billion of profits from gold sales; member countries must first pledge contributions to Poverty Reduction and Growth Trust
ECB alters external communication policy
European Central Bank will no longer mass-produce hard copies of its Annual Report; document will be available online
Carney expresses faith in flexible inflation targeting
Bank of Canada governor says flexible inflation targeting provides “robust framework for all seasons”
IMF paper studies Indian growth spillovers to south Asia
Results of a panel growth regression suggests India’s growth has impacted region since 1995
Cœuré gives views on eurozone picture
Newest member of executive board at the ECB expresses support for past policy actions; calls on eurozone governments to act
Philadelphia Fed launches consumer credit and payments web pages
Research and statistics on consumer credit and payments now displayed on separate web page; includes searchable publications library and access to podcasts
Lithuania continues restructure of operations
Bank of Lithuania continues “optimising” operations; will concentrate key functions within specialised services and close a vault
Irish central bank appoints director of economics
Central Bank of Ireland hires chief economist from Swedish Financial Supervisory Authority
David Lees remains Court of the BoE chair
HM the Queen approves political recommendations that David Lees be reappointed as chair of the Court of the Bank of England
Bank of Canada studies household finances and financial stability
Bank of Canada Review for winter 2011-12 examines recent research into rise in household debt and upward trend in house prices
Central Bank of Chile working paper deals with pricing norms
Chilean research relaxes standard assumption in macroeconomics that pricing decisions are taken by single-product firms
Botswana releases Monetary Policy Statement
Bank of Botswana releases Monetary Policy Statement for 2012; includes inflation predictions and explains target overshoot in 2011
IMF paper looks at coincident indicators of capital flows
International Monetary Fund research paper finds methods of tracking capital flows often result in over-predictions
Philippines reveals extent of lending to IMF
Central Bank of the Philippines announces shift in relationship with International Monetary Fund; holdings from the country have been used to support Ireland, Portugal and Greece
EU banking sector reform group finalised
EU commissioner reveals picks for expert group on banking reforms; governor of the Bank of Finland is chairman
Turkey agrees currency swap with China
Central Bank of the Republic of Turkey and People's Bank of China agree currency swap
RBI’s Chakrabarty notes progress in Indian banking sector
Reserve Bank of India deputy governor says improvements still needed in financial inclusion, competition, consolidation and globalisation
NY Fed paper examines workforce skill across US
Staff paper finds different skill sets in different regions of the country; urban areas have more workers with ability to generate ideas and solve complex problems
Spain’s Ordóñez remembers former governor
Governor of the Bank of Spain delivers opening remarks at conference held in memory of Luis Ángel Rojo, former governor of the central bank, who passed away last year
BoE’s Bean defends policy actions
Charlie Bean tells Scottish Council for Development and Industry tighter policy could have worsened the economic situation in the UK