Articles by Central Banking Newsdesk
Subprime market victim of housing bubble: Philly Fed paper
Philadelphia Federal Reserve study says bubble conditions in the housing market spurred subprime lending
ECB’s Bini Smaghi on economics’ interpretation of globalisation
European Central Bank executive board member Lorenzo Bini Smaghi calls for further studies to global growth implications of emerging market economies
Goldman economist to replace Sentance on Bank’s MPC
Chancellor of the exchequer George Osborne names Goldman Sachs’ Ben Broadbent as new member of Bank of England’s Monetary Policy Committee
Hungary names two external members to MPC
Hungarian parliament nominates two economists as external members to National Bank of Hungary rate-setting committee
ECB paper on credit card users under binding constraints
European Central Bank shows credit card users are insensitive to interest rate rises on transactions
Central Bank of Chile paper on copper price models
Central Bank of Chile study says switching regime in models explains volatility of copper prices in research
Crisis measures assisted financially distressed firms: IMF paper
Fund study says crisis recapitalisation policies helped provide financially dependent firms access to credit
Ex FSA chair quits as head of LSE
Former Financial Services Authority chairman Sir Howard Davies steps down as director of London School of Economics over university’s financial links to Libyan Gaddafi regime
ECB’s González-Páramo calls on central banks to reinvent risk strategies
European Central Bank executive board member José Manuel González-Páramo says central banks must re-think their risk management framework; moots new toolkit
Basel III reduces output volatility: NY Fed paper
New York Federal Reserve study says rise in capital buffers leads to decline in output and output volatility
UK lawmakers launch inquiry into BoE’s accountability
Influential parliamentary committee calls for views on the impact of regulatory change on Bank of England; changes will see Bank’s ambit expanded
Korean recovery shows signs of buoyancy: Bank of Korea Economic Bulletin
Bank of Korea weekly Economic Bulletin says recovery continued upward trend in February on back of strong production and consumption reports
FX flexibility can act as buffer to hot money: IMF’s Shinohara
IMF deputy managing director Naoyuki Shinohara encourages emerging markets to adopt more flexible exchange rates to help curb flow hot money
Kenyan lawmakers criticise Ndung’u reappointment
Lawmakers critique government’s reappointment of Central Bank of Kenya governor Njuguna Ndung’u without any parliamentary review or input
Bernanke on inflationary impact of global commodity boom
Federal Reserve chairman Ben Bernanke says rise in global commodity prices may lead to temporary spell of inflation
Consumer behaviour influences financial distress: ECB paper
European Central Bank study shows individuals’ behavioural traits may contribute to level of financial distress experienced by consumers
ECB reports €171 million profit
European Central Bank experiences sharp fall in profits for 2010 due to €1.16 billion transfer of income to risk provision fund
Investment grade status provides premium: IMF paper
Fund study shows upgrade to investment grade status leads to sharp decline in sovereign spreads
Inflation targeting a successful framework: Central Bank of Chile paper
Central Bank of Chile study says sharp movements of inflation in Chile were consistent with inflation targeting framework
Austerity measures provide long-term benefits: Bank of Portugal paper
Bank of Portugal says fiscal consolidation is welfare improving in the long term, but not the short term
Employment the missing component of US recovery: NY Fed’s Dudley
New York Federal Reserve president William Dudley says employment growth only missing piece in puzzle
Map of global banking network shows climb in contagion since late 1980s
Bank of England paper uses BIS banking stats to show potential for cross-border contagion has been rising for past two decades, reaching its apogee at the time of the Lehman Brothers’ collapse
Williams succeeds Yellen at helm of SF Fed
Head of research named new head of San Francisco Federal Reserve
Nobel Laureate Yunus dismissed from microlender by central bank
Bangladesh’s central bank removes Nobel Peace prize winner and founder of Grameen Bank Muhammad Yunus from helm of microlender