Articles by Central Banking Newsdesk
Chinese house prices overvalued in some places: HKMA research
Hong Kong Monetary Authority study shows prices outstrip fundamentals in some market segments; points to importance of early warning mechanism
Philadelphia Federal Reserve – Livingston Survey (December 2010)
Philadephia Federal Reserve’s biannual survey of economists shows expectations of high unemployment, low inflation in 2011
HKMA’s Chan stresses importance of SME financing
Hong Kong Monetary Authority chief executive Norman Chan unveils central bank’s new financing scheme for small and medium enterprises
Fed writes rule to expand consumer protection
Federal Reserve proposes two rules to improve consumer protection, based on financial regulatory reform law; move part of broader rulemaking process that will turn to bank capital, leverage laws
Bank of Korea siphons $3 billion into SWF: reports
Korean central bank to place additional $3 billion in care of sovereign wealth fund, according to reports
Brazil unveils first of new family of banknotes
Central Bank of Brazil releases second generation of R50 and R100 notes
Cobbold confirmed as De La Rue CEO
Tim Cobbold named banknote manufacturer’s new chief executive
Ghana’s Amissah-Arthur: bank ownership should be broadened
Bank of Ghana governor Kwesi Bekoe Amissah-Arthur says Accra holds too much of banks’ shares; calls for a well-managed offloading of stock
Bank of Canada – Financial System Review (December 2010)
Canadian central bank says households’ debt levels pose risk
RBI’s Gokarn on post-crisis paradigm shift
Reserve Bank of India deputy governor Subir Gokarn calls for flexibility, greater use of prudential measures in monetary policy
Reasons behind offshore bond issuance: BIS
Bank for International Settlements research finds price differentials and access to overseas investors among key reasons to issue paper offshore
QE2 hopes reflected in dollar, risk reversal trends: BIS
Bank for International Settlements’ December Quarterly Review charts effects of QE2 anticipation, eurozone sovereign debt woes, in fourth quarter
Sants details new regulator’s approach
UK FSA’s Hector Sants says primary objective of new banking regulator will be to resolve failed institutions without disrupting financial system; outlines new risk model
Rise in income tax can boost growth: Fed study
Federal Reserve research shows increase in capital-income tax can provide insurance against investment risk and raise overall welfare
Fed reviews use of monetary aggregates in policymaking
Federal Reserve study says use of monetary aggregates should be considered for monetary policy decision making
Inflation expectations rising in India: RBI
Reserve Bank of India’s December Bulletin says inflation expectations in India are rising due to an increase in expected food prices
CEPR: inflation targeting a success in Asia
Centre for Economic Policy Research study says introduction of inflation targeting framework in Asian countries reduced inflation persistence
Italy’s Draghi: eurozone governments must step up
Bank of Italy governor Mario Draghi looks to eurozone governments to tackle fundamental issues; stresses ECB will not dabble in fiscal arena, echoing president Jean-Claude Trichet
Ex-Philippines governor named US ambassador
Central Bank of the Philippines’ former governor Jose Cuisia Jr. selected as country’s ambassador to the United States
ECB points to securitisation, interest rate risk concerns
European Central Bank’s December Financial Stability Review stresses importance of more transparency in asset-backed securities market; highlights interest rate risk worries
Strauss-Kahn: global growth can reduce poverty in low-income countries
IMF managing director Dominique Strauss-Kahn says cooperation between countries from advanced and emerging economies can help reduce poverty in low-income countries
ECB - Monthly Bulletin (December)
European Central Bank’s December 2010 bulletin shows recovery of Central and Eastern Europe has been hampered by macroeconomic imbalances
ECB launches two educational games
European Central Bank president Jean-Claude Trichet says launch of educational games will inform public about monetary policy activities
IMF: global stock markets sensitive to US monetary policy shocks
Fund study finds strong relationship between global stock prices and US monetary policy