People

Bundesbank official is pick for ECB

This article published Wednesday 14 December looks at the chances of Jurgen Stark replacing Otmar Issing at the European Central Bank. The choice of Stark would bring to the bank someone who was intimately involved with the introduction of the euro in…

Interview with ECB's Trichet

In comments published Thursday 15 December, European Central Bank president Jean-Claude Trichet said there is an essential difference between the ECB's Governing Council and well-respected figures, such as Jean-Claude Juncker and Thierry Breton, who have…

Interview with ECB's Bini Smaghi

Speaking recently, Lorenzo Bini Smaghi, member of the Executive Board of the European Central Bank, said that the US Federal Reserve is better than the ECB is "a bit like saying that Alonso is better than Schumacher. It depends on the car. The US economy…

Richmond Fed appoints deputy general counsel

The Federal Reserve Bank of Richmond announced on Wednesday 14 December that Patricia A. Lacey Nunley would be appointed to the position of deputy general counsel, with responsibility for the Legal department, effective from 1 Jan.

Macfarlane defends RBA appointments

Reserve Bank of Australia governor Ian Macfarlane has defended the process used to appoint the central bank's board members following the resignation of Robert Gerard.

CBG to get two new deputy governors

Churchill Baldeh, the Majority Leader of the National Assembly, told the Daily Observer that two new deputy governors will be appointed for the Central Bank of The Gambia.

RBA's gain

According to this article published on Wednesday 7 December, Robert Gerard's resignation from the Reserve Bank of Australia's board leaves three important questions to be dealt with. Firstly, has the controversy damaged the RBA and its policy credibility?

Stark tipped as Issing's replacement at ECB

Germany wants to hold its seat on the European Central Bank's executive board and could nominate Bundesbank Vice President Juergen Stark to replace Otmar Issing next year, Deputy Finance Minister Thomas Mirow said in an interview this week.

Greenspan saves the world again

Federal Reserve chairman Alan Greenspan attended his final G7 meeting in his official capacity last weekend. He receives various tributes, honours and gifts, including a cartoon depicting him as a goal keeper.

How the Fed should steer the Bernanke transition

According to this article published on Monday 28 November, the minutes of the latest Federal Open Market Committee meeting, released last week, suggest the Federal Reserve is having some difficulty handling the transition to a new chairman.

Crisis solved, but Reserve still political

According to this article published on Saturday 3 December, the Howard Government has practised classic crisis management on its problem with the Reserve Bank of Australia's board. This protects the Government and the Reserve Bank from further…

Interview with Bank of England's Walton

Speaking in an interview published on Wednesday 30 November, the most recent member of the Bank of England's Monetary Policy Committee, David Walton, said the Bank of England should not rush to move interest rates until it has a clearer idea of whether…

State Bank of Pakistan governor retires

The governor of the State Bank of Pakistan, Dr Ishrat Husain, retired on Thursday 1 December. Tawfiq A. Husain was appointed as acting governor with effect from Friday and till the appointment of a regular governor.

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