Articles by Central Banking Newsdesk
Canada’s Macklem calls on firms to raise investment
Bank of Canada senior deputy governor Tiff Macklem says Canadian businesses will need to up their investment spending to compete in global market
IMF studies G-7 factors in global business cycles
IMF study examines impact of G-7 indicators in driving global business cycles
Bank of Israel inflation report finds rate moving higher
Bank of Israel fourth-quarter 2010 Inflation Report finds evidence inflation is beginning to edge upward on higher energy and food prices
Duke defends Fed’s liquidity measures
Federal Reserve board member Elizabeth Duke says Fed bail-out was necessary for welfare of entire economy, not just banks
Enria, Maijoor, Bernardino confirmed as ESA chairs
Andrea Enria, Steven Maijoor and Gabriel Bernardino get parliamentary seal of approval to head up European supervisory authorities
IMF: Historical debt stats will help plot growth strategy
IMF says its historical public debt database will help policymakers see the relationship between debt and growth; data goes as far back as 1791
Israel’s Fischer optimistic on 2011 growth outlook
Bank of Israel governor Stanley Fischer hints central bank’s growth forecast might be revised upward in 2011
SNB’s Jordan: Switzerland can overcome economic challenges
Swiss National Bank governing board vice-chairman Thomas Jordan says Switzerland can master challenges brought on from economic crisis
Philly Fed reviews DSGE models
Philadelphia Federal Reserve study examines mis-specification of money-demand shocks in dynamic stochastic general equilibrium models
Global recovery unbalanced, says IMF’s Strauss-Kahn
IMF managing director Dominique Strauss-Kahn concerned with unbalanced nature of global recovery
BIS reviews macroprudential literature
Literature review published by the Bank for International Settlements finds gaps in assessing the effectiveness of macroprudential tools, studying interaction with monetary policy
HK SFC’s Wheatley to head new UK regulator
Hong Kong Securities and Futures Commission’s Martin Wheatley named CEO designate of new consumer regulator; becomes head of FSA’s consumer and business wing in September
Estonia euro information campaign a success
Survey on euro adoption information campaign shows 97% of respondents were made aware of switch to single currency
UK FSA calls for more funds again
Financial Services Authority puts funding requirement up by 10%, pointing to increased cost of intensive supervision, Basel III and forthcoming split
NY Fed’s Tracy: 'Great Recession' distinguished by severity
New York Federal Reserve executive vice-president Joseph Tracy says moniker of Great Recession attributed to severity not length of downturn
Government failures aided housing bust, says FDIC’s Bair
Federal Deposit Insurance Corporation chair Sheila Bair says government-encouraged risk-taking created misaligned incentives in mortgage lending
ECB’s Bini Smaghi pays tribute to Padoa-Schioppa
European Central Bank executive board member Lorenzo Bini Smaghi discusses the late Tommaso Padoa-Schioppa’s vision for the eurosystem
Carry-trade inflows open to vicious circles, say Shin, Plantin
Centre for Economic Policy Research study shows interaction between capital inflows and monetary policy might destabilise carry trade
Budapest can muscle in on rate-setting council, but will not control policy: Simor
National Bank of Hungary governor András Simor says even if the Hungarian government gets its way on the appointment of external rate-setters, appointees will have deliver on the central bank’s goals
Australia’s McKibbin could miss out on third term
Treasurer Wayne Swan suggests Reserve Bank of Australia external board member Warwick McKibbin will not be reappointed for third five-year stint
Israel’s Eckstein on closing employment gap
Bank of Israel deputy governor Zvi Eckstein discusses policies to help improve employment of Israel’s Arab population
Bank of Canada paper on exposure of foreign shocks
Bank of Canada study examines Canadian economy’s exposure to global economic developments
Bank of England - Asset Purchase Facility Report (Fourth Quarter 2010)
Bank of England Fourth Quarter 2010 Asset Purchase Facility Report shows Bank made first purchase in secured commercial paper
IMF paper identifies Brazilian interest rate regime switch
Fund study says Brazil’s relatively low interest rate level and lack of volatility are owing to regime changes