Articles by Central Banking Newsdesk
Canada’s Longworth set to leave
Bank of Canada’s David Longworth announces retirement two weeks after senior deputy Paul Jenkins
Lisbon considering Constancio nomination for ECB VP
Senior lawmaker says other eurozone members receptive to the idea of Portugal’s governor succeeding Papademos next year
Fed bans ATM, debit-card overdraft fees
Federal Reserve says banks will no longer be able to charge overdraft fees for ATM and debit-card payments
ECB’s Tumpel-Gugerell on dangers of all roads leading to Rome
Gertrude Tumpel-Gugerell, an ECB executive board member, says the work of the European Systemic Risk Board would be crucial in future approach to financial stability
Evaluating economy-wide risk measurement tools
Bank of Canada paper acknowledges useful information exists on credit risk models, but argues further work is needed
Woodford unveils new model for transmission mechanism
New York Federal Reserve paper co-authored by Michael Woodford introduces a new model for monetary policy which considers the effects of unconventional policy
BuBa’s Weber: no global regulator without global law
Bundesbank’s Axel Weber says global financial regulator not a good idea as international law not in place
Rules must cover link between liquidity and default: Goodhart, Tsomocos
Interrelationship between liquidity and defaults must be addressed by regulatory proposals
China to keep policy “moderately loose”; hint at yuan appreciation
People’s Bank of China to maintain accommodative policy stance, suggests renminbi appreciation could be possible
Draghi calls for unity to back “major” changes
Financial Stability Board’s Mario Draghi says regulators from across the globe must co-operate to create a world in which no bank becomes too big to fail
Korea holds rates for ninth month
Bank of Korea keeps its base rate unchanged, citing resurgence in domestic economic activity
European Central Bank – November Monthly Bulletin
ECB’s monthly report suggests eurozone inflation rates will inch back into positive territory towards the end of the year
Italy’s Draghi welcomes Islamic finance
Bank of Italy’s Mario Draghi says sharing information crucial to the smooth integration of Islamic finance
Bank of Israel – Third Quarter Inflation Report 2009
Report shows inflation slowed as a result of rate hike
Recovery will be shaped like a tick: Fed’s Fisher
Richard Fisher, president of the Dallas Fed, explained why there would be no V-shaped economic recovery
Czechs set fixed time for policy announcements
The Czech National Bank will announce monetary policy decisions at 1 p.m. starting next February
ECB appoints new directors general
The ECB names new heads for information systems and human resources
Norways’s Qvigstad on the art of communication
Norges Bank’s Jan Qvigstad outlines criteria for good central bank communication
Price volatility lower in inflation-targeting countries
Reserve Bank of Australia compares inflation volatility in inflation-targeting and non-inflation-targeting countries
Evaluating monetary policy
Risksbank’s Svensson on the difficulties of measuring the right rate for inflation targeting
Multilaterals define systemic importance
Report suggests an initial framework that can be adapted by individual countries
Fed’s Tarullo warns against another Glass-Steagall
Fed governor Daniel Tarullo says split between investment and commercial banking would do little to abate too-big-to-fail problem
Fed poll positive on lending standards but demand still weak
The Federal Reserve’s loan officer opinion survey shows demand for loans in most areas is still weak ; proportion of banks tightening lending standards declining
Output does not rebound, but recovers in the long run
A new working paper from the IMF argues that the absence of simultaneous banking and currency crisis and high levels of investment shore up output in the medium term