Articles by Central Banking Newsdesk
Kansas City Fed: QE effective at zero bound
Kansas City Federal Reserve study shows quantitative easing is effective at lower interest rate bound
Lessons from Bill Taylor and the last financial crisis
Kansas City Federal Reserve publishes a short biography of former FDIC chairman
Washington begins writing out reliance on ratings agencies
Federal Reserve, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and Office of Thrift Supervision begin search for new measure of creditworthiness
New York Fed details how it plans to implement latest policy move
New York Federal Reserve says it will hold levels of domestic securities at $2.054 trillion by buying long-term Treasuries; plans to steer away from scarce markets
RBI moots new bank licences to increase competition
Reserve Bank of India says it may issue new bank licences; higher capital requirements are expected
FOMC pledges to maintain scale of asset purchases
Federal Reserve fails to announce additional quantitative easing but pledges to keep size of purchases at current levels; calls for more easing spurred by weak jobs data
IMF: Noughties oil swings driven by demand
IMF study says global oil demand shocks led to volatility in prices during last decade
Serbia’s Marković: effective hedging will ease FX risks
National Bank of Serbia vice-governor Bojan Marković says Serbia must adopt hedging tools to reduce foreign currency exposure
Japanese slightly less gloomy on economy
Bank of Japan’s opinion survey reveals a little more optimism
BIS’s Hannoun flags dangers of exceptional measures
Bank for International Settlements’ Hannoun calls on central banks to shrink balance sheets
Sarb bill passes in parliament’s lower house
South Africa’s National Assembly approves package of amendments edifying central bank law against shareholder machinations
Israel’s Fischer starts search for new bank supervisor
Bank of Israel governor Stanley Fischer appoints committee to find replacement for departing bank supervisor Rony Hizkiyahu; hails Hizkiyahu’s leadership in a difficult time
Mauritania’s central bank releases new note
Central Bank of Mauritania note to be highest denomination in circulation
BoK minutes: Holding rates could cause economic imbalances
Bank of Korea Monetary Policy Committee minutes show decision to hold rates was not so clear cut
St Louis Fed: Financial innovation important for growth
St Louis Federal Reserve study says improving best financial practices can boost economic performance
Monetary policy has scant impact on commodity prices
European Central Bank research finds the impact of monetary policy on prices is rather limited, though statistically significant
Bank of Israel – minutes of August rate decision
Minutes show meeting participants all supported governor’s decision to raise rates
FSA exodus stokes fears of anaemic operations
Regulator revealed to have shed 121 personnel in second quarter of the year, 128% up on a year previous; insists it still draws top talent, but commentators worry resignations will weaken it
ECB flags concerns over new capital rules
New capital rules may incentivise banks to dump risky assets on central bank
Minister takes heat off BoJ, calls for Diet to do more against deflation
Senior vice minister Hideo Hiraoka says government must employ fiscal and industrial policy to quell deflation; comments add to growing body of support for Bank of Japan’s policy stance
Romania to review calls to ban coin featuring anti-Semite
National Bank of Romania to reconsider circulation of coin portraying religious leader who called for exile of Jews from country; move follows protests from Jewish community
Freddie Mac reports $6 billion loss in second quarter
Federal Home Loan Mortgage Corporation shows a $6 billion loss as strenuous conditions persist in US housing market; agency asks for extra $1.8 billion in Treasury assistance
FDIC’s general counsel resigns
Federal Deposit Insurance Corporation general counsel Michael Bradfield becomes second high profile figure to leave this week
China’s Hu: renminbi policy complements market pricing
Market pricing of key economic inputs will complement the reform of the renminbi exchange rate regime, says Hu Xiaolian