Central Banks
Bank of Canada – Monetary Policy Report January 2010
Bank of Canada’s Monetary Policy Report shows economic growth resumed in the third quarter of 2009
New rules in pipeline for financial plumbing
Head of Basel-based CPSS says decade-old principles for payments, settlement and clearing must be updated and financial resource requirements sharpened
Iceland’s Gudmundsson: EU legislation guilty
Central Bank of Iceland’s Már Gudmundsson says the risks in cross-border banking were underestimated
Stability framework possible despite data challenge: Borio
Bank for International Settlements’ Claudio Borio says measurement of financial stability is the major challenge
Samoa to focus on financial inclusion: Scanlan
Central Bank of Samoa’s Leasi Papali'i Scanlan says bank’s mandate expanded by financial inclusion
Bank of Slovenia – Monthly Bulletin December 2009
Bank of Slovenia’s Monthly Bulletin shows domestic economy is improving despite unemployment rising
Frontrunner Blejer: deputy should take over
Former Argentine governor Mario Blejer tells CentralBanking.com deputy should see out Redrado’s term
RBA surprises with rates freeze
Reserve Bank of Australia wrong-foots markets after three straight hikes, cites Chinese policy tightening
China must look to interest rates: OECD
Paris-based organisation calls on Chinese central bank to move interest rates rather than putting liquidity controls in place
Argentina’s Redrado resigns
Argentine central bank governor gives in after three-week stand-off with the country’s president, government says it does not accept resignation
No hikes if inflation stays below 8.5%: RBI
Indian central bank’s governor and deputy governors say hikes could dampen growth, key rates to stay flat unless inflation exceeds 8.5%
Global rules for regulation or “catastrophe”: Trichet
ECB president Jean-Claude Trichet says international coordination is absolutely necessary in revamping regulation
Bulgaria joins Europe’s Target2
Euro-hopeful becomes full member of Europe’s large-value payment system
Former T&T governor blasts successor
Former governor of the Trinidad and Tobago central bank Winston Dookeran criticises current head Ewart Williams, saying his economic forecasts are out of touch
Systemic risk more than size and default probability
Bank of Canada looks at measuring aggregate risk in the financial system
Sukuk financing key for Malaysian economy – Zamani
Bank Negara Malaysia’s Zamani Ghani says Islamic finance is the main source of financing for Malaysian businesses
Turkey’s inflation forecast unchanged despite hike
The Central Bank of Turkey’s quarterly Inflation Report shows inflation hike end-2009 temporary
Fed could have done more: CEPR paper
A paper reviewing the Fed’s policy actions in the crisis finds that it could have pushed further, according to economic theory
Shirakawa slams govt “misunderstanding”
Japanese central bank governor Masaaki Shirakawa defends policy actions and says calls for more monetary easing are fundamentally misguided
HKMA’s Chan: Asian Crisis lessons were forgotten
Hong Kong Monetary Authority’s Norman Chan on drawing lessons from financial crisis
ECB’s Bini Smaghi demands capital uptake
European Central Bank’s Lorenzo Bini Smaghi “insists” banks use profits to raise capital rather than wages; line echoes position of the Bank of England
ECB – Structural Indicators for the EU Banking Sector
European Central Bank (ECB) publishes its latest report Structural Indicators for the EU Banking Sector