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RBM to lose 100 staff - report

About 100 people have been earmarked for retrenchment at Reserve Bank of Malawi (RBM) following the central bank's decision to outsource some of its services, The Daily Times reported on its website.

Richmond Fed names new first vice president

Sally Green was named first vice president and chief operating officer of the Federal Reserve Bank of Richmond on Tuesday 9 May, and will oversee the financial services and support areas of the Fifth District operations as of 1 August.

Qatar appoints central bank chief

Qatar appointed a member of its ruling family to the position of head of the central bank on Sunday 7 May, according to the AME Info website.

Angola swears in deputy governors

The Angolan Head of State, Jose Eduardo dos Santos swore in last Wednesday 3 May in Luanda two deputy governors of the National Bank of Angola (BNA).

Chairman Bernanke's clarity issue

According to this article published Thursday 4 May, while Ben Bernanke is unlikely to make radical changes in the statement issued after the next FOMC meeting, Fed watchers say he could aid his cause by eventually disclosing the central bank's forecasts…

China needs more Volcker and less Greenspan

According to this article published Monday 1 May, China's recent increase in interest rates may have the opposite effect to what was intended. The move may boost the economy, instead of slowing it, it says.

Bernanke couldn't be clearer -- You hear that?

According to this article published on Wednesday 3 May, although virtually all reporters treat discussions at social events as being off-the-record, Ben Bernanke wasn't cautious enough about the ground rules when he chatted with journalists at the recent…

Issing's views return to fashion

Just as he prepares to leave the European Central Bank, Otmar Issing's views are coming into fashion, according to the article 'Issing's views return to fashion as he prepares to leave ECB' published on Wednesday 3 May.

Fed and ECB communications stumble

Things have gone somewhat awry the past month for major central banks which pride themselves on clear communications, this article published on Tuesday 2 May reports.

Gieve urged to resign from BoE

Sir John Gieve, deputy governor of the Bank of England, is being urged to resign following revelations of financial mismanagement at the Home Office, where he was permanent secretary, The Independent on Sunday reported on 30 April. The report said the…

Interview with IMF's Wanda Tseng

Wanda Tseng, deputy director at the IMF's Asia and Pacific department, said on Tuesday 2 May that China's decision to raise interest rates for the first time in 18 months is welcome but the country needs to let its currency move more freely.

IMF's Krueger announces intention to leave

Anne Krueger, First Deputy Managing Director of the International Monetary Fund, has informed Managing Director Rodrigo de Rato of her intention to leave the Fund at end of her term, which expires on 31 August.

RBA's Macfarlane on monetary policy & the media

In a transcript from a radio report on Friday 28 April, Reserve Bank of Australia governor Ian Macfarlane pondered why the Australian media covered interest rate moves much more than either the US or UK media. He also recounted a 'near-death' experience…

Sao Tome's central bank governor to return

Officials have been quoted as saying that the former prime minister of Sao Tome and Principe, Maria do Carmo Silveira, is to return to her role as governor of the country's central bank, once the new government has taken office.

Interview with Zhang Zhuoyuan

In an interview published on Wednesday 26 April, Zhang Zhuoyuan of the Chinese Academy of Social Sciences said China may widen the yuan's trading band when "suitable" to allow more gains and boost investors' role in setting exchange rates.

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