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Bank of Guyana - Annual Report 2007
In 2007, domestic inflation rose to its highest level in nearly two decades, notes the latest Annual Report from the Bank of Guyana.
BoJ's Shirakawa: we'll monitor macro risks more
The Bank of Japan will continue to strengthen and exercise its role in managing macroprudential risks, said Masaaki Shirakawa, the governor of the central bank.
Poland slashes on "considerable" slowdown
The National Bank of Poland cut rates by 75 basis points to their lowest level since April 2007 on Tuesday, citing flagging growth and lower inflation.
India holds but signals cuts could come
The Reserve Bank of India kept its benchmark repo rate at an all-time low of 5.5% on Tuesday but indicated it could soon cut further with the Indian economy vulnerable to the fallout of the financial crisis.
Supervisors must change bonus culture: Wellink
Nout Wellink, the chairman of the Basel Committee on Banking Supervision and president of De Nederlandsche Bank, has called on supervisors around the world to tackle banks' "generous" bonus culture.
Dudley takes helm at NY Fed, Geithner sworn in
William Dudley, the executive vice president of the markets group at the New York Federal Reserve, is to succeed Tim Geithner as president of the central bank after Geithner was sworn in as US Treasury secretary on Monday.
Central Bank of Chile - Financial Stability Report
The main threat to the Chilean economy's financial stability is a contraction in the supply of external funds, notes the latest Financial Stability Report form the Central Bank of Chile.
Central Bank of Turkey - Inflation Report
Turkish inflation is likely to undershoot the 7.5% inflation target in 2009, notes the Central Bank of Turkey's January Inflation Report.
IMF identifies early indicators of bank weakness
Research from the International Monetary Fund identifies a set of indicators and thresholds to distinguish between sound banks and those vulnerable to financial distress.
Zim's Gono: sanctions responsible for collapse
Gideon Gono, the governor of the Reserve Bank of Zimbabwe, has said that sanctions are to blame for Zimbabwe's economic collapse and that printing more money was essential for his people's survival.
ECB officials signal reluctance to cut to zero
Two senior officials at the European Central Bank (ECB) have indicated that the Frankfurt-based institution remains reluctant to follow the Federal Reserve's lead in cutting rates to near zero.
Tetangco on bank security in the Philippines
Bank security management goes beyond guard deployment and monitoring, said Amando Tetangco, the governor of the Central Bank of the Philippines.
Israel cuts to record low, economy to shrink
The Bank of Israel slashed its key rate by 75 basis points to an all-time low of 1% on Monday and said that it now expected the economy to contract by 0.2% in 2009.
Kuwaiti SWF to take 16% stake in Gulf bank
The Kuwait Investment Authority, a sovereign wealth fund, has taken a 16% share in one of the country's largest banks.
IMF to cut growth forecast to 1% to 1.5% - report
The International Monetary Fund (IMF) now expects global growth of between 1% and 1.5% in the coming year, down from its November estimate of 2.2%, say reports.
ECB's warns against dangers of fiscal excess
The latest European Central Bank Monthly Bulletin calls for governments to spend cautiously.
Labour markets matter for ECB policy
Disturbances in the wage-bargaining process are a significant contributor to inflation and output fluctuations in euro-area, a paper from the Philadelphia Federal Reserve finds.
T&T's Williams: we can withstand recession
Trinidad and Tobago can accommodate a moderate level of deficit financing and withstand recession, said Ewart Williams, the governor of the Central Bank of Trinidad and Tobago.
Canadian economy to contract this year
Canadian GDP will decline by 1.2% in 2009 and rebound by 3.8% in 2010, according to the Bank of Canada's Monetary Policy Report Update.
PM's adviser wants RBI to cut rates
Suresh Tendulkar, an economic adviser to the Indian prime minister, has said that the Reserve Bank of India should cut rates in the coming week.
UK lawmakers want all the gore on bank lifelines
An influential group of British lawmakers have called for the UK Treasury to be much more open in detailing the liabilities taken on by its ownership of stakes in some of the country's biggest banks.
Vietnam slashes to meet growth target
The State Bank of Vietnam cut its base interest rate by 150 basis points to 7% on Friday, taking borrowing costs to half of the level they were last summer.
Sack governor, Ukraine PM tells president
Viktor Yushchenko, Ukraine's president, on Friday rejected renewed calls by Yulia Tymoshenko, the country's prime minister, to sack Volodymyr Stelmakh, the governor of the country's central bank.
China "notes" Geithner renminbi claims
An official at the People's Bank of China has said the central bank had noted US Treasury secretary designate Tim Geithner's claims that President Barack Obama believes Beijing is manipulating the renminbi to boost exports.