Articles by Central Banking Newsdesk
Shirakawa elected vice-chair of BIS board
Bank of Japan governor Masaaki Shirakawa picked to succeed Hans Tietmeyer as vice-chair of Bank for International Settlements’ board of directors
Shekel gains leave Bank of Israel cautious over rate hike
Bank of Israel minutes show members of the central bank’s narrow forum feared interest rate hikes would lead to further gains in the shekel
QE2 will create jobs, Yellen tells critics
Federal Reserve vice-chair Janet Yellen says further quantitative easing will address weak labour demand and generate roughly 700,000 jobs
Sudan bans some imports as forex shortage looms
Bank of Sudan bans imports of luxury items, goods with local substitutes, to conserve foreign currency; currency wobbles on secession, oil fears
Stability objective should drive financial policy, says BoE’s Bailey
Bank's Bailey says stability goal must not be swayed by “murky compromises with other objectives”
Unemployment to weaken recovery: Bernanke
Federal Reserve chairman Ben Bernanke says moderate economic recovery is likely to keep unemployment high
PBoC’s Yi promotes Chinese-EU financial co-operation
People’s Bank of China deputy governor Yi Gang promotes benefits of financial co-operation between China and the European Union
NY Fed: US consumers ease debt burdens
New York Federal Reserve study measures scope of consumer indebtedness and impact of credit issuance
Inflation in emerging markets driven by exchange rates: IMF study
Fund study shows emerging market countries exhibit strong exchange rate monetary policy channels compared to more conventional channels
Beijing must turn away from dollar, says PBoC official: reports
Senior People’s Bank of China official says Beijing must shake off dollar reliance in opinion column
IMF in bid to strengthen governance of cross-border capital flows
IMF executive directors support greater Fund role in surveillance of cross-border capital flows and creation of rules for capital account policies
Renminbi liberalisation, price stability priorities: PBoC
People’s Bank of China says currency internationalisation, price stability top priorities for 2011, following annual meeting
Icelandic central bank, regulator ink deal to collaborate
Central Bank of Iceland and Financial Supervisory Authority sign landmark agreement to work together on oversight in areas including systemic risk
US growth outlook encouraging, says Kansas City Fed’s Hoenig
Kansas City Federal Reserve president Thomas Hoenig says US expected to grow at moderate pace in next few years
Public expectations of banking supervision unrealistic: Netherlands Bank study
The Netherlands Bank study says high public expectations of banking supervision can adversely impact financial stability
Fed study on minimum wage and inequality
Federal Reserve study says impact of minimum wage declines on inequality in United States overstated
Irish central bank names advisers for stress test exercise
Central Bank of Ireland calls for BlackRock Solutions, Boston Consulting Group and Barclays Capital to assist in stress tests
Debt management poses greater refinancing risks: Netherlands Bank
The Netherlands Bank study says greater reliance on short-term debt requires better coordination between debt managers and central banks
US economists push for ethical code
Academics and practitioners call on American Economic Association to adopt code forcing economists to reveal links to private firms
Fed’s Hoenig labels gold standard “very legitimate” monetary system: reports
Kansas City Fed president quoted as stressing price stability benefits, but notes return to gold would not prevent high unemployment or bank failures
Brazil steps up efforts to ease real gains
Central Bank of Brazil raises reserve requirements on domestic banks' foreign exchange position in bid to halt real appreciation
IMF paper investigates financial integration in Asia
Fund study finds equity and debt markets within Asian countries remain considerably more integrated with countries outside the region than within
Obama determined to appoint Diamond to Fed board
United States President Barack Obama pushes for third nomination of Nobel laureate Peter Diamond to Federal Reserve Board
Financial crises hit imports hardest: IMF research
Fund study shows financial crises are associated with large and persistent losses in imports while exports are not adversely affected