Articles by Central Banking Newsdesk
How global imbalances exacerbated the crisis
Riksbank's Barbro Wickman-Parak says imbalances contributed to the rise of complex instruments and structures
Asset price bubbles “catastrophic”: UK Chancellor
Alistair Darling, chancellor of the exchequer, says bubbles must be tackled before they get out of hand
Rate decisions this week
The majority of central banks that reviewed rates this week made no change, pointing to the need for a sustainable recovery
Spain should hold on tightening fiscal policy
R. Anton Braun, University of Tokyo, compares the current Spanish recession with Japan in the 1990s and looks at the impact of fiscal policy measures
Buba's Weber cautions on leaning against wind
Bundesbank's Axel Weber adds that financial stability is not just a buzzword
Special measures working: BoJ
Minutes of October meeting underline policymakers' faith in unconventional policy tools
HKMA policy eased post-Lehman stress
Hong Kong Monetary Authority looks at the effectiveness of its policy response to the dislocations and stress in the local interbank and FX swap markets after Lehman collapse
Iceland cuts rates on krona strength
The Central Bank of Iceland shears rates and hints at further reductions as the krona regains stability
Fed remains guarded on rate hike
Federal Open Market Committee keeps key rate and tone unchanged; caps agency debt purchase programme at $175 billion
National Bank of Romania – Annual Report 2008
Central bank’s report finds that the country slipped backwards on Maastricht convergence criteria for euro adoption
Riksbank rate on hold until next autumn
Swedish central bank says benchmark rate to remain at record low for the next 12 months
Ireland needs clearer macroprudential mandate: OECD
OECD calls for the development of more effective macroprudential instruments
Shirakawa blames human nature for bubbles
Bank of Japan's Masaaki Shirakawa says bubbles' causes will eventually boil down to the human nature
RBS and Lloyds to get £39.2 billion more
The part-nationalised banks are set to receive up to £39.2 billion in additional support measures announced on Tuesday
Ireland on how to make better forecasts
Central Bank and Financial Services Authority of Ireland looks at whether modelling structural change improves macroeconomic forecasting
Nigeria tackles subdued growth
Nigeria’s central bank holds rates, but introduces a corridor around key rate to encourage lending
Chinese demand spurring east Asian growth: World Bank
Report says China fueling resurgence; cautions on performance elsewhere
Sweden’s Nyberg calls for a “bolder agenda”
Lars Nyberg, a deputy governor of the Riksbank, calls for a common international approach to crisis management
Bank of Russia – Banking Supervision Report 2008
Central bank governor says Russian banks must urgently make provisions and raise additional capital
India buys 200 tonnes of IMF gold
The Reserve Bank of India purchases just under half of the IMF’s sale quota for $6.7 billion
Australia hikes rates again
The Reserve Bank of Australia raises cash rate by 0.25% for the second time since October; Stevens says the worst is over
IMF upbeat on Hong Kong
GDP predicted to grow 5% next year after 2% contraction in 2009, says IMF
Too early for global exit strategy - Saudi chief
Muhammad Al-Jasser, governor of Saudi Arabia’s central bank, cautions against a rushed withdrawal from expansionary measures
Too-big-to-fail matters for macroprudence
Federal Reserve Board research looks at the dynamics of spillover effects of the global financial crisis to Asia and Pacific region