Governance
St Louis Fed names new first vice president
David A. Sapenaro, 42, has been named first vice president and chief operating officer of the Federal Reserve Bank of St. Louis.
No formula for selecting Fed chair
With the US Senate having to confirm a new chair of the Federal Reserve's Board of Governors soon, this article published on Tuesday 20 September asks what is more important to formulating successful monetary policies, profound study of economics or…
Central Bank of Iceland appoints new chairman
The Central Bank of Iceland has appointed Davi Oddsson governor and chairman of the Board of Governors. The move followed Birgir sleifur Gunnarsson's decision to retire.
New Bank of Israel law agreed
The Israeli government has agreed to the wording of a new Bank of Israel Law that would transfer responsibility for setting interest rates from the central bank governor alone to a monetary committee.
Time to go, Mr. Fazio
The agenda set out in this article published Monday 12 September is clear. Bank of Italy governor Antonio Fazio must go. Even if nobody can legally force him out, the campaign for his resignation will not go away, it says.
World Bank names Europeans to top posts
World Bank President Paul Wolfowitz named two Europeans to senior positions at the development lender on Friday 9 September.
Fed schedule suggests Greenspan January exit
The Federal Reserve has shortened its planned two-day monetary policy meeting for 31 Jan - 1 Fed down to one day, suggesting Alan Greenspan will leave the Fed then.
Interview with Bundesbank's Weber
In an interview published on Saturday 10 September Deutsche Bundesbank president Axel Weber said Germany could learn a lot from Britain's success in reducing unemployment to such low levels.
Greenspan successor to face tough economic climate
Until recently it seemed that Alan Greenspan's successor at the Federal Reserve would have a fairly easy ride at first. But according to an article published this week, that seems like a distant memory now that Hurricane Katrina has sent gasoline,…
Place your bets! Will Fazio stay or go?
A Swedish online gambling website is offering odds on whether embattled Bank of Italy governor Antonio Fazio will stay in office beyond the start of October.
Greenspan, the Wizard of Bubbleland
This lengthy article published on Wednesday 14 September covers a lot of central banking ground. Greenspan's measured-paced interest-rate policy is a reversal back to the Fed's tradition of gradualism, it says, but the debt cancer is spreading faster…
Besieged Fazio gets a supporter at last
European Internal Market Commissioner Charlie McCreevy said Friday 16 September that the Bank of Italy's governor, Antonio Fazio, appears to have acted legally in the ongoing saga that has enveloped the central bank.
Uniform accounting rules face hurdles in Europe
This article published on Tuesday 13 September says that although the path to uniform and stricter global accounting rules is paved with good intentions, problems have arisen in Europe that could delay the adoption of parts of International Accounting…
Bank of Italy valued at 1bln euro
The total value of the Bank of Italy's shares is about 1 bln euro, said economy undersecretary Maria Teresa Armosino, but she said the shares are not "marketable".
King's cricket connection
Mervyn King spent Thursday 8 September watching England play Australia at the Oval in the last Ashes cricket Test. But the Bank of England governor doesn't just watch the game, he is also involved in a campaign to bring more cricket to state schools in…
Interview with IMF's Rodrigo de Rato
In an interview published this week IMF managing director Rodrigo de Rato warns that high oil prices could halt Korea's economic recovery. He also says sluggish export growth could put a brake on the recovery.
OECD needs reform says Japan's candidate
Japan's candidate to become the next secretary-general of the OECD says the group needs to be more responsive to developing countries to avoid losing its importance as an international organization, the Financial Times reports in its international…
Caruana's potential replacements named
According to a report by Expansion this week, there are four names in the hat to replace Jaime Caruana as governor of the Bank of Spain when he steps down in Summer 2006.
Dookeran may lead Trinidad party
The former governor of the Central Bank of Trinidad and Tobago, Winston Dookeran, may become leader of the main opposition party in Trinidad after the incumbent announced he would not be running for the post again.
Kyrgyzstan's central bank chief under house arrest
The governor of the National Bank of the Kyrgyz Republic, Ulan Sarbanov, has been placed under house arrest, accused of abuse of power during the rule of deposed president Askar Akayev.
Berlusconi says government can't force Fazio out
Italian prime minister Silvio Berlusconi said Friday 9 September the government can not force Bank of Italy governor Antonio Fazio to resign and only the European Central Bank can intervene.
On tap for the next Fed chief: Trouble
The recent three-day gathering of central bankers in Jackson Hole was capped with an extended standing ovation for the Fed chief from the traditionally straitlaced crowd. But the challenges awaiting Alan Greenspan's successor may be far tougher than the…
ADB president assumes office
The 7th elected President of the African Development Bank (ADB) Group, Donald Kaberuka, was sworn in on 1 September, at the Temporary Relocation Agency (ATR) in Tunis.
Interview with Bank Indonesia's deputy governor
Bank Indonesia deputy governor Miranda Gultom said in an interview published on Wednesday 31 August that the central bank will review regulations that may be impeding desperately needed capital inflows at a time when the rupiah has hit record lows…