Articles by Central Banking Newsdesk
Cleveland Fed on merits to indexing loans
A Cleveland Federal Reserve study says indexing loans to aggregate variables can adjust business cycles to more optimal levels
Distinguishing between signs of illiquidity and insolvency: BoJ paper
Bank of Japan study examines how central banks can use lending signals to determine the solvency of firms
Macroprudential measures complement monetary policy: IMF paper
An IMF study says macroprudential policy can work in unison with monetary policy but it is not a direct substitute
Switzerland takes further action to weaken the franc
Swiss National Bank acts again to try and stem appreciation; says it remains poised to take further measures
Chinese inflation hits new high
The National Bureau of Statistics says consumer price inflation in China rose to 6.5% in July, its highest level since June 2008
Former Bank of Thailand deputy governor named finance minister
Thirachai Phuvanatnaranubala becomes new finance minister; served as deputy governor at central bank
Nigeria unveils payments system overhaul
Payments system faces complete overhaul in 2012; aim is to reduce reliance on cash
RBI governor Subbarao’s term extended
Prime minister approves two-year extension to Duvvuri Subbarao’s term as central bank chief
Fed’s international finance division director leaves
Nathan Sheets leaves the Federal Reserve after 18 years; Steven Kamin to step in as acting director
Good luck played role in post-crisis recovery: BIS paper
Bank for International Settlements study says combination of good policies and good luck led to variation in macroeconomic performance of countries
BoJ’s Shirakawa explains QE expansion
Bank of Japan governor Masaaki Shirakawa says larger downside risks to economy motivated ¥10 trillion increase in asset purchases
IMF paper outlines unintended consequences of Basel III and Solvency II
Fund study shows higher capital standards can have unintended consequences for cost of capital and funding patterns
Divergence in views emerges between Bank of Israel’s narrow forum
Bank of Israel says governor decided to hold monetary policy stance despite recommendation from one member of narrow forum to raise rates
Buba paper identifies positive spillover effects of financial aid
Bundesbank study say German foreign afilliates benefit from effects of domestic aid policies
Chicago Fed reviews implementation of Dodd-Frank Act
Chicago Federal Reserve newsletter looks at policy debate on measures to address systemically important financial institutions
Greater interconnected banking systems pose instability threat: IMF paper
Fund study says greater links between banking systems could leave some countries more exposed to crises
High barriers to entry creates credit premium: RBNZ’s Bollard
Reserve Bank of New Zealand governor Alan Bollard says large barriers to entry in New Zealand banking sector raises overall financing costs
Dollar falls on S&P downgrade
Standard and Poor’s makes unprecedented move by becoming the first ratings agency to downgrade the US credit rating; gold hits record high as dollar falls
Central Bank of Iran faces ‘crippling sanctions’ from US
US senators urge President Barack Obama to apply strict financial sanctions on Central Bank of Iran
Global equity markets tumble as euro area panic sets in
European sovereign debt crisis escalates as equity markets across the board record big losses
‘Now is the time’ for China to end dependency on dollar, says former official
Former member of the monetary policy committee of the Chinese central bank says China must end dependency on dollar; advises immediate renminbi ‘float’
Lagarde ‘perfectly calm’ about impending investigation
New managing director of the IMF is 'perfectly calm' at announcement of French investigation of abuse of powers during her time as finance minister
SNB devaluation attempt flounders as Swiss franc rebounds
Swiss franc claws back earlier losses after central bank intervenes to curb rise in currency
Taxing financial transactions through central counterparties: IMF paper
Fund study says there are cost advantages to implementing financial taxes through exchanges and clearing houses