Articles by Central Banking Newsdesk
ECB foreign reserve managers need different incentives; working paper
Research suggests new rewards system for foreign reserve managers would help align results with ECB preferred outcomes
Riksbank paper investigates sectoral inflation
Working paper suggests flaws in past research on the topic
Spain learns from the past; working paper
Analysis of monetary system in the 1800s shows contraction in the money supply had a milder effect on the economy than expected
UK jets deliver currency to Libya
Royal Air Force flies banknotes to Central Bank of Libya in Benghazi
Brazil cuts benchmark rate in surprise move
Monetary Policy Committee drops benchmark interest rate from 12.5% to 12% in unexpected decision
Japan’s new prime minister to tackle economic recovery
Ambitious monetary policy likely to continue as Yoshihiko Noda takes over as prime minister of Japan
European Commission establishes payment systems market expert group
European Commission seeks help from experts on payments system legislation and policy initiatives
Bank of Russia – Banking Supervision Report 2010
Annual report indicates return to growth in Russia and normalisation of liquidity in banks led to stable exit from crisis policy measures
‘Astronomical’ Chinese reserves under scrutiny: Fed paper
Federal Reserve Bank of St. Louis working paper highlights drawbacks to current global-imbalance literature when trying to assess situation in China
Tail risks and contract design: BoE paper
Bank’s Fisher calls for further debate on where tail risks should be held as leveraged financial institutions pose larger systemic risks
Education and payments system top priorities in Papua New Guinea
Governor of the central bank puts financial inclusion for all and better payments systems at the top of his agenda
Ireland unveils fitness and probity regime
Central bank releases regulations and standards concerning appointment of staff in financial services industry
Estonia reveals governorship candidates
Eesti Pank puts speculation to rest; announces four well-recognised candidates for role of governor
Korea passes revision to central bank legislation
Greatly enhanced financial stability responsibility awaits the central bank; large-scale reorganisation of staff will happen
FOMC minutes show disagreement remains
Division persists among top US officials regarding future monetary policy
UK banking reforms argument rumbles on
Senior UK politicians get involved in debate ahead of final reform proposal report
Fiji's Whiteside introduces new financial literacy mascot
Barry Whiteside applauds work of Financial Literacy Working Group in Fiji and unveils new mascot
Botswana publishes mid-term review of the 2011 Monetary Policy Statement
Report shows inflation has been above target range in the first six months of the year
Assessing the effects of fiscal policy with estimated and calibrated models: BoJ paper
Bank of Japan research shows some difference in impact of fiscal policy based on model used to measure it
IMF paper reconsiders association between public debt and long-term yields
Paper focuses on possible spillover effects of large advanced economies’ debt levels to other economies’ borrowing yields, especially in emerging markets
Italy’s Visco cautious over new austerity package
Deputy director-general warns Italy risks stagnating as global trade recovers
Trichet preaches sustainable long-term growth
Jean-Claude Trichet urges policymakers to aim for sustainable growth
Norges Bank notes importance of research for fund management
Models of investor heterogeneity, non-tradable, non-financial risk, market frictions and time-varying uncertainty all serve to help modify portfolios appropriately
Capital preservation measures create moral hazard: Bundesbank research
Bundesbank dicussion paper finds that capital preservation measures create moral hazard in banks