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Swiss stability maintained through tighter regulation: SNB board member
Thomas Jordan, a member of the Swiss National Banks’ governing board, also says record low interest rates could lead to excessive behaviour in mortgages and real estate again
Record profits for Norway’s Government Pension Fund
Third-quarter returns for Government Pension Fund – Global came to 13.5%
Tuma pulls out of EU race
Zdenek Tuma commits to Czech National Bank after political parties split on nomination
Ex-RBI’s Reddy: roll back financial globalisation
Former governor of the Reserve Bank of India calls for creation of new Bretton Woods institution
Czech’s Tuma to become next EU commissioner?
Prime minister nominates Czech National Bank governor for Brussels role, but politicians could yet pick other candidates
Social contract needs a revamp
Bank of England’s Andrew Haldane finds that social contract between banks and the state needs to revised
RBA’s Lowe: approaches to financial stability vary
Reserve Bank of Australia’s Philip Lowe says there is no one-size-fits-all approach to financial resilience
Bagehot in the beginning
Norges Bank research charts the development of lender-of-last-resort support in the mid-19th century
Israel’s Fischer held in line with majority view
Bank of Israel minutes show governor’s decision to hold was backed by majority of officials
Financial regulation needs unorthodoxy – Gopinath
Reserve Bank of India’s Shyamala Gopinath says financial regulatory framework needs to move away from orthodoxy
Pillar 3 crucial for bank safety
Bank of Finland examines the combined effect of the Pillar 1 minimum capital requirements and Pillar 3 disclosure requirements of Basel II on bank safety
Hungary split on cut
Rate-setters from the National Bank of Hungary were divided over the size of the cut required, according to minutes of the October policy meeting
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