Articles by Central Banking Newsdesk
Philly Fed paper explains low US job separation rates
Philadelphia Federal Reserve study shows low US separation rate is due to workers' reluctance to depart from their jobs
Demise of cash ‘vastly exaggerated’: MAS’s Menon
Monetary Authority of Singapore managing director Ravi Menon says he expects cash to continue to have a crucial role in economy in future
Finland announces markka conversion deadline
Finns have until February 29 to change markka banknotes and coins to euro; currency outstanding valued at $386 million
Current economics paradigm 'ill-suited' to capture financial instability: BIS paper
Bank for International Settlements study authored by Claudio Borio says rethink of financial stability role in macroeconomics does not go far enough
Denmark broadens temporary collateral facility
National Bank of Denmark widens banks' access to credit facility by expanding existing collateral rules to include bank credit claims
UK reveals design of new banknote
Bank of England to release new £50 banknote in November; design features British businessmen Matthew Boulton and James Watt
FSA’s Turner considers more active role for macroprudential policy
Financial Services Authority chairman Adair Turner says new macroprudential policy tools could play a more active role in ensuring socially optimal level of credit in economy
RBA announces representative in China
Ivan Roberts to open Reserve Bank of Australia representative office in Beijing; will assist with monitoring of economic and financial conditions in China
Bank of Lithuania opens its doors to the public
Bank of Lithuania invites the general public to see inside the bank as part of the joint birthday celebration of the central bank and the national currency
RBNZ reviews policy choices to tackle macroeconomic imbalances
Reserve Bank of New Zealand paper says policies that promote savings in the private and public sector can help overcome macroeconomic imbalances
Eurozone crisis hit financially constrained firms hardest: IMF paper
Fund study says eurozone crisis caused greatest distress among firms with greater financial constraints and increased exposure to peripheral euro countries
Insurance companies’ characteristics key to regulation: BoJ’s Shirakawa
Bank of Japan governor Masaaki Shirakawa says insurance companies’ long-term liability structure should be considered when reforming regulatory frameworks
Application process opens for board member at Bank of Finland
Application process opens to find replacement for Pentti Hakkarainen whose five-year term ends in February
Leaked letter reveals ECB austerity demands on Italy
Trichet and Draghi asked for 'pressing action' from Italian authorities; puts rumours of such communication to rest
Government debt no longer risk-free: Canada’s Macklem
Bank of Canada senior deputy governor Tiff Macklem says government debt in advanced countries is unlikely to regain its risk-free status
Easier access to credit can replace foreign aid: St Louis Fed paper
St Louis Federal Reserve study argues that easier access to international credit can on occasion prove more effective to developing countries than foreign aid
RBI’s Khan favours balanced policy orientation to EME capital inflows
Reserve Bank of India deputy governor Harun Rashid Khan says a variety of policy tools are needed to manage capital inflows in emerging markets
Translating new GDP data into more accurate nowcasts: Norges Bank paper
Norges Bank study examines how precision of density nowcasts increases as GDP data is revised
Kuwait central bank employees protest over pay
Central bank workers want salary increases; latest government workers to demand more after oil sector employees receive up to 66% wage hike
Barroso to ECB: do 'whatever is necessary' to maintain financial stability
European Commission chairman says ECB must ensure financial stability by any means; announces financial transaction tax and supports eurobonds
Italian politicians uneasy over Draghi replacement delay
Opposition leaders criticise delay in announcing successor for Mario Draghi as governor of the Bank of Italy
Russia’s Ignatiev commends ousted finance minister
Bank of Russia chairman Sergei Ignatiev says Alexei Kudrin was "very strong" finance minister following his dramatic resignation
UK’s FPC changes tack on capital requirements
Loosely-worded document does not clarify FPC’s demands on banks; new regulatory body asks for more powers in new legislation
European central bank gold sales lowest since 1999
European central banks sold just 1.1 tonnes in last 12 months; lowest since Central Bank Gold Agreements began