Articles by Central Banking Newsdesk
Old Lady urges banks to use profits to de-leverage
Bank of England calls on banks to plug profits back into fixing balance sheets; Haldane says City exodus may be price worth paying
RBNZ - Reserve Bank Bulletin December 09
Reserve Bank of New Zealand report features articles on liquidity policy, forecasting, the history of banking crises and trade flows
IMF on Russia’s links with the rest of the CIS
Growth in other CIS countries closely associated with developments in Russia
Botswana slashes a point off rates
Bank of Botswana cuts key rate to 10% - a record low
Chief Republican votes against Bernanke
Leading Republican on Senate Banking Committee Richard Shelby says Fed abused trust and confidence
Jordan cuts by half a point
Central Bank of Jordan knocks 50 basis points off key rate as deflation strikes
Household finances important for growth: Canada’s Carney
Behaviour of households to be “particularly important” in the coming year owing to weakness of global demand
Credit shocks: evidence from corporate spreads and defaults
Dallas Federal Reserve paper looks to uncover the nature of credit-market shocks
Economists judge Carstens worthy successor
Carstens up to the job of heading the Bank of Mexico but concern exists over his replacement as finance minister
ECB to start building new HQ in spring
European Central Bank to finally begin construction after two-year delay
Commonwealth Secretariat releases guide to aid literacy
Commonwealth Secretariat publishes teachers’ resource to promote financial literacy; efforts part of campaign launched by Central Bank of Trinidad & Tobago to promote better financial education
BoJ partly to blame for lost decade: CEPR paper
CEPR looks at the contribution of the stock of money to the macroeconomic outcomes of the 1990s http://www.cepr.org/pubs/new-dps/dplist.asp?dpno=7608
BoE’s Miles calls for smaller banking sector
Bank of England’s David Miles says the enormous size of the banking sector is no longer justified
Ireland’s Honohan: “intrusive” supervision warranted
Governor of the Central Bank and Financial Services Authority of Ireland says regulator’s heavy handedness justified
HKMA: Quarterly Bulletin (December 2009)
Bulletin article says exposures to structured products remains insignificant
Fed reiterates plans for February exit
Federal Open Market Committee and governors expect to exit most crisis-fighting facilities early next year; committee keeps “extended period” pledge
Britain to abolish cheque clearing in 2018
Payments overseer says plans contingent on 2016 review demonstrating alternatives exist
Czechs surprise with rate cut
Czech National Bank opts to shave a quarter point off key rate
Norway hikes for second time
Norges Bank raises key rate to 1.75% citing pick-up in economic activity
Denmark gets new assistant governor
Head of economics at National Bank of Denmark promoted
Oil-price forecasts inaccurate
Bundesbank looks at the expectation-formation process of forecasters in the crude oil market
Zambia has thrived despite crisis: Fundanga
Bank of Zambia’s Caleb Fundanga said economy performed well in 2009
East Asia will take its cue from Fed: Indonesia deputy
Budi Mulya, the deputy governor of Bank Indonesia, says it is crucial the Fed err on the side of caution in withdrawing accommodative measures; East Asia-Pacific region will watch it closely
Austria nationalises failing lender
Austrian government takes over Hypo Group Alpe Adria from state of Bavaria as central bank financial stability report shows tier 1 capital ratios in the sector are set to drop