Articles by Central Banking Newsdesk
France’s Noyer welcomes Islamic finance
Banque de France governor argues that principles of Islamic finance create stability, adding that there is demand for it
RBA’s Payments System Board – Annual Report 2009
Reserve Bank of Australia’s Payments System Board says payments fraud increased
QE has boosted broad money: Bank
Bank of England’s Monetary Policy Committee unanimous in decision to keep the bank rate and the asset purchase programme unchanged
Research to focus on stability: Buba’s Weber
Bundesbank’s Axel Weber says central banking studies must concentrate on financial stability and links to monetary policy
King calls for radical reform of banking
Bank of England governor pushes for root-and-branch reform, says Bank will detail macroprudential approach later this week
King is right to call for radical reform of banking
Bank of England governor’s desire for fundamental overhaul should be applauded, Robert Pringle, the chairman of Central Banking Publications, argues
Bernanke: don’t lose sight of global imbalances
Fed chairman’s comments build on recent efforts by the International Monetary Fund to deal with instability of global monetary order
IMF’s Lipsky on lessons from past crises
IMF deputy managing director discusses what has been learnt from the crises, and how emerging markets have avoided the worst
Korea considering shifting dollar assets to gold
Korean central bank reportedly interested in diversifying reserves; favours gold over dollar
Corporate debt purchase no longer vital: BoJ
The Bank of Japan’s rate setters say financial conditions improving on the whole, some downside risks remain
Bank of Botswana – Banking Supervision Annual Report 2008
Central bank says banking sector was resilient despite crisis because of limited exposure, but anticipates ‘second-round’ effects
Canada sees more modest recovery
Bank of Canada downgrades growth forecasts slightly, says slack to remain until September 2011
Ireland names new chief regulator
Bermuda Monetary Authority governor will take up senior post at central bank
NY Fed sets out stall on reverse repos
New York Fed communicates workings of possible strand of exit strategy
Gulf officials call for UAE, Oman to rejoin monetary union
Members of the four states still involved in plans for single currency in the Gulf ask UAE and Oman to come back
BoE’s Posen backs governor on smashing up banks
Newest member of the Bank of England’s Monetary Policy Committee sees case for limiting bank size “full stop”
Hungary slashes rates for fourth time since July
Hungary’s central bank cuts base rate to 7%, fears inflation will be substantially below target
Israel’s Fischer held in face of calls for second hike
Bank of Israel minutes reveal majority of officials wanted governor to hike borrowing costs for second straight month
RBA’s Lowe stresses importance of flexibility
Reserve Bank of Australia’s Philip Lowe says economy must make use of comparative advantage but watch for risks
Central Bank of Barbados – 2008 Annual Report
Worsening economic conditions contributed to a decline in growth; tourism and manufacturing affected
The link between exchange rates and monetary policy
Bank of Canada paper finds a strong negative relationship between rate setting and exchange rate pass-through
Crisis underlines democracy’s flaws: ECB’s Bini Smaghi
Short-termism inherent in democratic government led to the lax supervisory regimes that paved way for banks’ excesses, says ECB board member
Greenspan: too-big-to-fail didn’t exist until crunch
Former Federal Reserve chairman believed government would allow failure until government-sponsored enterprises were taken into conservatorship
No takers for Canada’s emergency operations
In a further sign that funding strains are easing, the Bank of Canada’s soon-to-be withdrawn emergency operations attract no bids