Articles by Central Banking Newsdesk
BoJ minutes: Exports gain as interest rates remain on hold
Bank of Japan minutes shows the Bank of Japan left rates on hold as evidence of an export-led recovery strengthens
Bernanke: happiness is relative
Federal Reserve Chairman Bernanke sets out his view on the economics of happiness and the Easterlin paradox
IMF: Larger long-term credit facilities needed in WAEMU
IMF study shows more investment in longer term projects in West African Union countries will enhance returns
Philly Fed's Plosser: Fed acted on contagion fear
Philadelphia Federal Reserve's Charles Plosser says swap lines were re-opened on concern over impact of eurozone debt crisis on US banks
SNB’s Hildebrand vows to fight franc appreciation
Swiss National Bank chief Philipp Hildebrand says the eurozone’s debt troubles will not be allowed to trigger deflation in Switzerland
Ex-governor Fraser knocks RBA’s rapid hikes
Former Reserve Bank of Australia chief Bernie Fraser says central bank has been too eager in its rate hikes given the European debt crisis and its potential impact on growth worldwide
IMF: allowing assets to run to maturity best exit strategy
IMF study on Japan’s experience of quantitative easing shows best exit strategy is to allow asset purchases to run to maturity
Banks should not rely on CDS spreads for credit risk
National Bank of Belgium study highlights a number of shortfalls in policymakers’ use of CDS spreads as an indicator for bank risk
Bernanke on the success of stress testing program
Federal Reserve chairman Ben Bernanke says stress testing helped return credibility to banking sector
Canada’s Murray: commodity boom and bust avoidable
Bank of Canada deputy governor John Murray says commodity market volatility can be eased with sensible policies
Fed’s Hoenig calls for counter-cyclical leverage ratio, slams Basel requirements
Hoenig calls for change in regulatory approach to bank lending by ditching Basel II approach in favour of ceiling on leverage
Norway’s wealth fund profits again
Norges Bank’s Government Pension Fund-Global returns just under 4% for first quarter of 2010, outperforming benchmark once again; fund will set up Singapore office to strengthen Southeast Asian presence
Rate round-up: Czech National Bank cuts on eurozone woe
Romania and Iceland also loosen; Australia, Peru and Norway raise rates by 25 basis points, Egypt and Indonesia hold
Trichet plays down 'nuclear option' to end Greece crisis
ECB president Jean-Claude Trichet says option for outright purchase of government bonds is not on table
Sovereign troubles will drag banks down: Moody's
Ratings agency says sovereign downgrades in the southern eurozone could lead to decline in banking sector, further spending cuts will exacerbate problem
IMF: inflation targeting the next step for emerging economies
IMF study makes strong case for adoption of inflation targeting in emerging economies
Riksbank’s Svensson concedes further cuts unlikely
Lars Svensson explains the banks decision to leave its benchmark rate at 0.25% until December 2010, after previous calls to cut the rate further
Fed’s Rosengren: full US recovery years away
Boston Federal Reserve president Eric Rosengren identifies several challenges towards economic recovery in the United States
IMF: tax reforms necessary to reduce poverty in Central America
IMF study shows reform of Central America’s regressive fiscal policies can improve wellbeing of poor households
Controversial ‘audit the Fed’ amendment stirs blogosphere
Independent senator proposes clause that gives government audit office extensive powers to review Fed’s decisions, support mounts among lawmakers and commentators
Senate okays disputed Argentine reserve transfer
Lawmakers in Argentina's upper house approve president’s decree to transfer $4.4 billion of central bank reserves to bond repayment fund
Philly Fed's number two to step down
Philadelphia Federal Reserve first vice president William Stone plans to step down towards the end of this year
Malaysia's Mahathir: Islamic finance must not follow western banking model
Malaysia's former prime minister Mahathir calls for more regulation of banking sector and repudiates western model on banking
IMF: fiscal policies ineffective in stabilising economies
IMF study shows automatic stabilisers and not outright discretionary fiscal policy is an effective remedy for stability