Financial Stability
Zeti: Islamic finance passed the crisis test
Bank Negara Malaysia’s Zeti Akhtar Aziz says the strength of Islamic finance was tested during the global financial crisis
Fed wants delay on release of loan details
Federal Reserve says naming loan recipients would hinder its ability to manage current and future crises
Gudmundsson on Iceland’s future
New governor Már Gudmundsson says cross-border banking in Iceland should largely be banned until system is made safer by euro membership
RBA upholds interchange fee freeze
Reserve Bank of Australia keeps interchange fees regulate, saying industry has not sufficient progressed in increasing the competition
Gudmundsson on Iceland’s collapse and recovery
Már Gudmundsson, the governor of the Central Bank of Iceland, discusses the authority’s rebuilding efforts and whether euro membership is right for them
Trichet: asset prices impact policy
European Central Bank’s Jean-Claude Trichet says that asset-price dynamics impact the central bank’s policy decisions
Monetary policy needs financial analysis
European Central Bank says globalisation of financial markets over the past 25 years has had major implications for the conduct of monetary policy
Emerging-market shocks have mixed results on US assets
Bank of England looks at international financial transmission between emerging and mature markets
Bank’s Bean: give us some credit
Bank of England deputy governor Charlie Bean says economists must put credit back into economics in a “meaningful” way
Clearing and settlement not keeping up: SNB’s Hildebrand
Swiss National Bank’s Philipp Hildebrand says system must develop apace to reflect innovation
Fischer heralds shift to “flexible” inflation targeting
Bank of Israel’s Stanley Fischer tells Jackson Hole audience that inflation targeting will survive the crisis. More downbeat on global imbalances
Canada’s Carney backs price-level target
Bank of Canada’s Mark Carney says maintaining economic stability may require rethink on monetary policy
Fed’s Madigan: five lessons for crisis management
Federal Reserve’s markets chief Brian Madigan says Walter Bagehot’s central tenet remains relevant
Chile’s De Gregorio on reform
Central Bank of Chile’s Jose De Gregorio says financial reforms should target incentives of financial intermediaries’ management
Crisis highlighted importance of liquidity: Bernanke
Fed chairman uses Jackson Hole address to stress need for macroprudential approach
Bank of Canada - Summer Review
Bank of Canada publishes the latest issue of its economic review
RBA's Stevens sees closer Sino-Australian links
Reserve Bank of Australia’s Glenn Stevens says Australia should pay close attention to China’s economy as these the countries likely to integrate stronger in the future
US budget deficit forecast trimmed
US officials expect the 2009 fiscal deficit to be smaller than originally forecast, after scrapping money earmarked for further bank bailouts
BoJ’s Mizuno warns of fragile recovery
Bank of Japan’s rate-setter warns of fragile recovery, given concerns over external demand
RBA’s Stevens welcomes “distinctly better” outlook
Reserve Bank of Australia’s Glenn Stevens updates parliament on the economic outlook
Croatia’s Vujcic deputy on “unorthodox” regulation
Croatian National Bank’s Boris Vujcic outlines regulatory approach under euro dominance
Social capital aids stakeholder orientation
Norges Bank says banks located in communities with high social capital have a higher probability of survival
RBA’s Edey: don’t push banks into the shadows
Reserve Bank of Australia’s Malcolm Edey on getting the balance on tougher regulation right
Peru’s Velarde’s plays down BRIC currencies
Central Reserve Bank of Peru’s Julio Velarde on the future of the international monetary order