Articles by Central Banking Newsdesk
RBNZ, stock exchange moot possible payments team-up
Reserve Bank of New Zealand confirms talks with NZX to collaborate on clearing and settlement system
BoE’s Posen wants housing “stabilisers” to control bubbles
Monetary Policy Committee’s Adam Posen calls for existing taxes to work as automatic stabilisers for house prices; argues against leaning against the wind with rates
Fed tiptoes further towards exit
New York Federal Reserve says it will make small-scale reverse repurchase operations in order to test strand of exit strategy
BuBa focused on cutting cash-processing costs: Fabritius
Bundesbank’s Hans Fabritius says central bank working on outsourcing cash processing
Sri Lanka doesn’t fear loss of EU privileges: CB chief
The country has coped with the loss of previous trade privileges, says central bank head
Fiscal stimulus crucial for recovery
Centre for Economic Policy Research (CEPR) compares the Great Depression with the global credit crisis
Linking banks, bonds, and firm size
San Francisco Fed paper builds a model to see the effects of bank vs. bond financing on firm size
Ex-MPC’s Buiter to head Citi economics team
Former Bank of England policymaker and frequent bank-basher Willem Buiter named as Citigroup’s chief economist
Aussies hike for third straight month
Reserve Bank of Australia raises rates by a quarter point but hints at hold in coming months
Eurozone inflation turns positive
Official flash estimate puts November annual inflation at 0.6%; turns positive for first time since April
Economic and Financial Developments (November) – Bank of Japan
November instalment of the monthly report finds that the ongoing recovery is fragile and not a result of self-sustaining factors
New household inflation measures yield “novel finding”
San Francisco Fed paper finds a negative correlation between inflation and inflation inequality
BoE’s Bailey: Europe to work on resolution regimes
Bank of England’s Andrew Bailey says missing piece in UK’s resolution regime is how to deal with cross-border banks
Europe to set Sepa migration regulation: Tumpel-Gugerell
European Central Bank’s Gertrude Tumpel-Gugerell says Sepa needs migration date
Narrow banking not the answer: RBI’s Subbarao
RBI governor dismisses breaking up banks as solution to financial-sector problems; argues for macroprudential policy measures to tackle interconnectedness
Cyprus governor says 2009 GDP will shrink
Prognosis contradicts European Commission's optimism about growth
HKMA presses on with Lehman Brothers cases
Hong Kong’s central bank refers some 334 cases to SEC for further investigation
Central banking law in the crisis: Shirakawa
BoJ governor says that the crisis has highlighted why central banks need independence; outlines legal developments in central banking
Brazilian economy on the up, minutes show
Central Bank of Brazil’s policy meeting minutes also show inflation is under control
FSA outlines "sceptical approach"
Margaret Cole, the regulator’s director of financial crime and enforcement, elaborates on its strategy, and highlights some of its successes
Finance and real economy closer since 1980s
European Central Bank looks at the role of financial markets in anticipating business cycle developments
“We never had subprime issues”: Australia’s Debelle
RBA deputy governor Guy Debelle says credit will return as confidence re-emerges
SNB’s Hildebrand: regulators must stay focused on change
Swiss National Bank's Philipp Hildebrand says as economic situation improves regulators should beware of complacency
The relationship between money, credit and policy
A new paper finds evidence that the relationship between money and credit changed after the second world war