Articles by Central Banking Newsdesk
BIS’s Caruana urges eurozone to attack root of sovereign debt problem
Bank for International Settlements general manager Jaime Caruana says bolstering banks’ capital buffers not sufficient to regain risk-free status
High teenage unemployment due to crowding-out effect: Fed paper
Federal Reserve study says high rates of teenage unemployment due to increased competition for low‐skilled jobs
IMF paper assesses supervisory burden of regulatory overhaul
Fund study says US Volcker rule and UK retail ring-fencing proposals must be complemented with supervision of bank activities
Euro area must stand ready to bail out banks, says Liikanen
Bank of Finland governor Erkki Liikanen says euro area governments must be prepared to inject capital into banks if they are unable to raise their funds in market
UK monetary policy not constrained by inflation targeting: BoE paper
Bank of England study co-written by external MPC member Adam Posen says Bank of England has been no less flexible than Federal Reserve under inflation targeting framework
Treasury official accuses Iran of ‘increasingly deceptive tactics’
US says Iran is using deception to circumnavigate economic sanctions put in place to compel it to meet nuclear programme obligations; warns central bank of further isolation
Kocherlakota explains logic of dissent to Fed's Operation Twist
Minneapolis Federal Reserve president Narayana Kocherlakota says Fed’s more accommodative policy stance is inconsistent with objectives
Debt fears rise as Italian prime minister wins confidence vote
Italian prime minister Silvio Berlusconi wins vote of confidence in parliament as concerns grow over his government's ability to fulfil its fiscal consolidation package
ECB's González-Páramo says crisis liquidity measures must be temporary
European Central Bank executive board member José Manuel González-Páramo says permanent enforcement of non-conventional liquidity could trigger imbalances
FSA and SEC continue strategic dialogue meetings
US and UK lead the way on cooperation and idea-sharing as regulatory reforms kick in; collaboration on key changes crucial as world struggles to rebuild after latest economic shocks
Latin American and South-east Asian central banks confer
First Seacen-Cemla conference held in Malaysia; shows increasing cooperation between central banks, particularly in emerging markets
Tail events resemble platypus moment, rather than black swan: RBA’s Ellis
Reserve Bank of Australia head of financial stability, Luci Ellis, says financial supervisors should be alert to rent-seeking behaviour in order to identify looming threats
Systemic capital requirements are often underestimated: BoE paper
Bank of England study examines level of potential losses on bank balance sheets in event of systemic crises
NY Fed paper examines threat to international role of dollar
New York Federal Reserve study says decline in the international role of the dollar should not be a concern if US maintains strong economic growth
BIS paper highlights growing risk of currency crises
Bank for International Settlements paper authored by Professor Robert Aliber outlines role of cross-border money flows in a currency crisis
Australian regulator appointed secretary-general to Basel Committee
Basel Committee names executive general manager of Australian Prudential Regulation Authority Wayne Byres to replace Stefan Walter as secretary-general
Barroso spells out eurozone recovery plan
European Commission president José Manuel Barroso outlines roadmap to eurozone stability in last ditch effort to end the sovereign debt crisis
Euro area economic governance reform package inadequate: ECB’s Stark
European Central Bank executive board member Jürgen Stark says euro area economic governance reform package falls short of quantum leap
RBA’s Debelle highlights risks attached to high-frequency trading
Reserve Bank of Australia assistant governor Guy Debelle says prime brokers may not be monitoring high-frequency trading risks properly
Higher corporate taxes stifle innovation: Minneapolis Fed paper
Minneapolis Federal Reserve study says policies that promote higher corporate taxes and increased business start-up costs negatively impact innovation
RBI paper denies large gold purchase drove up market prices
Reserve Bank of India study says 200-tonne purchase of gold from IMF did not have sizable impact on gold price trend
Hansson pips Sutt to Estonia governor seat
World Bank economics chief Ardo Hansson narrowly beats rival Andres Sutt in race to become Bank of Estonia governor
BoE’s Miles explains resumption of QE
Bank of England external Monetary Policy Committee member David Miles says reemergence of financial market stress and lower-than-expected inflationary pressures prompted further asset purchases
ECB paper reviews euro area credit card interchange fees
European Central Bank study calls for fresh look at credit card interchange fees in euro area