Articles by Central Banking Newsdesk
IIF sees sharp rise in emerging-market capital flows
Significant about-turn sees anticipated flows leap above 2008 figures; pick-up most marked in emerging Europe
IMF warns against Japanese complacency
International Monetary Fund report says Japan will face a harder task in convincing markets it can manage high debt levels in future
Turkey warns of risk from higher commodity prices
The Central Bank of Turkey flags dangers presented by rise in commodity prices
Iceland cuts by 50 bp as króna stands ground
Unexpected reduction leaves borrowing costs at 9.5%, central bank notes Icesave debacle failed to impact króna
Denmark names professor new economics head
University of Copenhagen’s Peter Birch Sørensen to move to the National Bank of Denmark in April
Keep the Fed away from politics: Dallas’s Fisher
Dallas Fed president Richard Fisher says allowing Congress to audit the Fed would be comparable to the governance crises of Weimar Germany and pre-Péron Argentina
Bank of Canada – Business Outlook Survey (winter 09/10)
Canadian firms expected both their costs and the prices they charged to increase over this year, signalling an end to the slump in demand
IMF more upbeat on growth
Global economy now set to expand by 3.9% this year, according to World Economic Outlook Update
SARB split over rate hold
Majority opt to hold rates at 7%, governor discusses inflation-targeting review
S&P places Japan on negative watch
Rating agency argues fiscal leverage has diminished; decision comes after central bank opts not to extend quantitative easing
Schapiro seeks tighter reins on hedge-funds
US Securities and Exchange Commission’s Mary Schapiro eyes more stringent controls for hedge funds and credit rating agencies
Big fiscal spending hurts post-crisis recovery: IMF
International Monetary Fund looks at whether there is a trade-off between committing large fiscal resources and a quick recovery
Zimbabwe’s central bank ‘technically insolvent’: reports
Local media sources report that Zimbabwe’s central bank is bankrupt after high court judge orders that its property be attached to unpaid debts
Croatia to take caution in 2010: Rohatinski
Croatian National Bank’s Željko Rohatinski expects growth lull, shift in spending attitudes
BoE statistics show broad money contraction
Data released by the Bank of England last week showed M4 growth was negative, although lending increased very slightly
BuBa’s Fabritius: monetary policy can’t stop bubbles
Bundesbank’s Hans Fabritius says monetary policy has limited capability to target asset bubbles
SNB policy impacts franc’s rate by less than 20%
Swiss National Bank looks at the determinants of the franc’s exchange rate against the euro
Hong Kong and Indonesia link settlement systems
The Hong Kong Monetary Authority and Bank Indonesia adopt a real time payment-versus-payment link to remove settlement risk
Fiji names two new executives
Reserve Bank of Fiji makes Lorraine Seeto advisor to the governor’s office and Esala Masitabua chief manager of financial institutions
NY Fed names new minder for AIG portfolio
Federal Reserve Bank of New York's new special investments management group will oversee its American International Group (AIG) and Maiden Lane III portfolios
Great Depression spread by Germany, not US
A new paper argues that the 1931 crisis was propagated by the collapse of Germany's banking system
Transparency will reboot bond markets: González-Páramo
José Manuel González-Páramo, an ECB executive board member says openness is key to improving primary issuance
Mauritius’s Googoolye on macro supervision
Bank of Mauritius’s Yandraduth Googoolye says that the country’s revenue authority will share tax data with the central bank to aid policymaking
The behavior of money
A technical paper from the Central Bank of Ireland looks at how the demand for money has changed as the store of value function has gained in importance over the past 40 years.