Financial Stability
Monetary and fiscal policies must link: RBI head
Reserve Bank of India’s Duvvuri Subbarao says monetary and fiscal policies must be coordinated in the future
De Larosière for long-term value and economic stability
A near-term focus dominated policy, regulation, accounting standards and governance in the run up to the crisis. It cannot last, writes Jacques de Larosière.
UK Financial Investments releases five-year plan
UK Financial Investments publishes budget projections for five years ahead
Deflation risk and unemployment hit euro area
Euro-area inflation slumps as unemployment soars
Beige Book points to economic stabilisation
Federal Reserve’s Beige Book suggests decline in economic activity is ceasing
Reykjavik backs plans to remove capital controls
Iceland’s government approves central bank’s proposals for the removal on controls introduced after autumn 2008 crash
Pace of tightening of euro-area credit standards declines
European Central Bank’s lending survey shows less tightening of credit standards
Some thoughts on where global finance is heading
An event in Peru earlier this month addressed some of the key questions concerning the international economic order in the aftermath of the crisis.
Regulation is good for competition
International Monetary Fund investigates financial market development
Ireland releases “bad bank” proposals
Finance minister Lenihan says plans are not a bail out for banks
Turkey would ease if outlook worsens
Central Bank of Turkey moots further monetary easing
Book says Fed “challenged essence of democracy”
Pulitzer Prizewinner says Bernanke had more authority to fix subprime mess than any other individual
Estonia to head straight for euro – Lipstok
Bank of Estonia’s Andres Lipstok says euro adoption is a key priority
Bank unveils commercial paper facility
Bank of England details Secured Commercial Paper Facility aimed at bolstering companies’ working-capital requirements
Bank says Asset Purchase Facility works
Bank of England confident Asset Purchase Facility (APF) helps corporate bond market
Bank stats show quantitative easing having little impact
Broad money measure targeted by Bank of England falls in June despite £125 billion-worth of quantitative easing
Fed’s Yellen sees growth comeback by year-end
Encouraging signs for economy but recovery will take time, says San Francisco Federal Reserve president
State-owned British banks to get a new boss
John Kingman steps down from the helm of UK Financial Investments on news that former Bank of England director will chair body
Fed to take early snapshot of consumer conditions
Federal Reserve launches investigation into how households are faring with de-leveraging
Thailand’s Nijathaworn on Asia’s Achilles heel
Bank of Thailand’s Bandid Nijathaworn says Asia needs to decouple
Decoupling theory holds, says Bank of England
Bank of England investigates decoupling theory
Fed a natural for systemic-risk role: Tarullo
Federal Reserve’s Daniel Tarullo says safeguarding systemic risk is a natural expansion of the central bank’s role
IMF’s surveillance reforms will deliver
Bank of Canada says International Monetary Fund’s surveillance reforms look promising
People’s Bank to “guide” lending
Chinese central bank's nuanced policy reflects desire for growth coupled with stability