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ECB’s Stark places onus on deficit states
European Central Bank's Jürgen Stark says euro area’s deficit states must embrace economic reforms for the common good
Real exchange rate matters: SARB’s Mminele
South African Reserve Bank’s Daniel Mminele on the role of exchange rates in monetary policy
Ireland wrongly accused over funding family trips
Spending watchdog admits error over claims central bank paid for 52 spouses to travel on single visit, but Honohan bans future junkets
DSK hints at early departure from Fund
International Monetary Fund’s managing director thought keen to challenge Nicolas Sarkozy in 2012 presidential vote; move paves way for Fund to prepare ground for non-European appointment
US can go it alone on reforms: Volcker
Former Fed chairman Paul Volcker says international consensus on reform not necessary
Fed is best in crisis, says British think-tank
The Federal Reserve’s credit easing operations have fostered a quicker recovery than in the UK and eurozone, research finds
Romania makes half-point cut
Romanian central bank lowers cost of borrowing despite above-target inflation
Norway puts rate rises on ice
Pause in exit strategy as recovery “takes hold”, inflation likely to fall
RBI’s Gokarn doesn’t rule out capital controls
Reserve Bank of India’s Subir Gokarn says intervening in market to keep capital flows in check is an option
Cooperation key to EU stability: González-Páramo
European Central Bank’s José Manuel González-Páramo says EU institutions must share expertise and statistical information
CEE more vulnerable to exchange-rate shocks
National Bank of Hungary looks at the transmission of monetary policy in Central and Eastern Europe
Bank of Canada – Monetary Policy Report January 2010
Bank of Canada’s Monetary Policy Report shows economic growth resumed in the third quarter of 2009
Iceland’s Gudmundsson: EU legislation guilty
Central Bank of Iceland’s Már Gudmundsson says the risks in cross-border banking were underestimated
Stability framework possible despite data challenge: Borio
Bank for International Settlements’ Claudio Borio says measurement of financial stability is the major challenge
Samoa to focus on financial inclusion: Scanlan
Central Bank of Samoa’s Leasi Papali'i Scanlan says bank’s mandate expanded by financial inclusion
Bank of Slovenia – Monthly Bulletin December 2009
Bank of Slovenia’s Monthly Bulletin shows domestic economy is improving despite unemployment rising
RBA surprises with rates freeze
Reserve Bank of Australia wrong-foots markets after three straight hikes, cites Chinese policy tightening
Argentina’s Redrado resigns
Argentine central bank governor gives in after three-week stand-off with the country’s president, government says it does not accept resignation
No hikes if inflation stays below 8.5%: RBI
Indian central bank’s governor and deputy governors say hikes could dampen growth, key rates to stay flat unless inflation exceeds 8.5%
Global rules for regulation or “catastrophe”: Trichet
ECB president Jean-Claude Trichet says international coordination is absolutely necessary in revamping regulation
Bulgaria joins Europe’s Target2
Euro-hopeful becomes full member of Europe’s large-value payment system
Former T&T governor blasts successor
Former governor of the Trinidad and Tobago central bank Winston Dookeran criticises current head Ewart Williams, saying his economic forecasts are out of touch
Africa mostly sheltered from remittances drop
International Monetary Fund looks at the impact of the global economic crisis on African GDP via the remittance channel