Articles by Central Banking Newsdesk
Euro area needs better coordinated political union: ECB’s Bini Smaghi
European Central Bank executive board member Lorenzo Bini Smaghi calls for more active participation by euro area governments in political union
BoE’s Haldane highlights increasing risks from high-frequency trading
Bank of England executive director of financial stability Andrew Haldane outlines policy measures to reduce systemic threat posed by high-frequency trading
Fed's Hoenig warns of risks from late rate rise
Kansas City Federal Reserve president Thomas Hoenig urges Federal Open Market Committee to begin moving out of very accommodative monetary stance
BIS’s Caruana calls on central banks to lengthen policy horizon
Bank for International Settlements general manager Jaime Caruana says monetary policy strategy should be adjusted to contain build-up of financial imbalances
Deficits are not always bad: RBA’s Debelle
Reserve Bank of Australia assistant governor of financial markets Guy Debelle says current account deficits are not always bad and do not necessarily equate to an imbalance
Standard monetary policy rules don’t apply in liquidity traps: Dallas Fed
Dallas Federal Reserve study shows monetary policy should be complemented with fiscal policy in order to shift aggregate demand out of a liquidity trap
Costs to bank funding not fully passed on to markets: Norges Bank paper
Norges Bank study finds evidence of incomplete pass-through of banks’ funding costs on deposit rates in Norway
Islamic banks' return on deposits comove with conventional banks: IMF paper
Fund study says returns on deposits of Islamic banks in Turkey and Malaysia exhibit similar trends to conventional banks
Bank of Korea – Annual Report (2010)
Bank of Korea 2010 Annual Report highlights growing inflationary concerns in South Korea
France’s Noyer assesses economic implications of Basel III
Banque de France governor Christian Noyer says implementation of Basel III designed to reduce economic impact of tougher regulation
NY Fed paper identifies labour slack threshold
New York Federal Reserve study says relationship between labour market slack and inflation is non-linear
Lagarde calls for greater legitimacy at Fund
Recently appointed IMF managing director Christine Lagarde lays out preliminary strategy for Fund; says legitimacy and diversity will play key role in future
RBI asked to regulate entire microfinance sector
Reserve Bank of India to receive powers to regulate entire microfinance sector under proposed bill
Hungary’s Simor under fire over financial loss
National Bank of Hungary governor András Simor defends management record after predecessor criticises $224 million loss
Norway SWF adds $1 billion stake in Paris to portfolio
Norwegian Government Pension Fund Global takes half-share in seven downtown Paris properties; move follows $700 million investment in London’s Regent Street
Romania joins Target2
National Bank of Romania moves step closer to euro adoption with launch of national component of large-value euro payments system
Flight-to-safety common feature of crises: BIS paper
Bank for International Settlements study shows banks' flight-to-safety is a common feature in crises; says central banks were able to provide more liquidity this time round
Renminbi gains offer boost to foreign competitors: IMF paper
Fund study shows appreciation of renminbi increases stock price of foreign competitors and exporters to China
Weber says heterogeneity in euro area not an issue
Former Bundesbank president Axel Weber says heterogeneity of economies not an issue in currency in St Louis Federal reserve paper
Central banks are vulnerable to financial risks: Norges Bank paper
Norges Bank study says the current international financial architecture leaves central banks exposed to financial risks
BoE urges expansion of Chaps membership
Bank of England executive director of banking services Chris Salmon calls for broader membership of UK large-value payments system
New deputy governor at RBI
Former Reserve Bank of India executive director Harun Rashid Khan assumes new role as deputy governor
Minneapolis Fed’s Kocherlakota urges review of US tax code
Minneapolis Federal Reserve president Narayana Kocherlakota says US lawmakers must reduce incentives by households and financial institutions to overleverage
Sarb - Annual Economic Report (2011)
South African Reserve Bank 2011 Annual Economic Report shows economic recovery in South Africa continued to gain momentum in 2010 and early 2011