Central Banks
Wait and see on rates – MPC minutes
Bank of England’s monetary policy committee is unanimous is decisions to hold rates and the size of the quantitative easing programme
New DSGE model for Estonia
Bank of Estonia makes public its new dynamic stochastic general equilibrium model for the domestic economy
Suicide attack rocks Afghan central bank
Governor says central bank will not be cowed and is working to return to business as usual
King: G20 should head IMF
Mervyn King, the governor of the Bank of England, says G20 leadership could lend the IMF the legitimacy it needs to curb economic imbalances
Canada holds rates steady
The Bank of Canada keeps its key rate unchanged and cuts back its money market operations on the strength of the economy’s recovery
Record inflation growth in the UK
CPI rises by highest-ever monthly margin, QE extension looks less likely
Fed’s Duke is optimistic for 2010
Elizabeth Duke, a governor of the Federal Reserve Board, says she is optimistic that the volume of bank loans will increase this year
How risk management will evolve: RBI’s Thorat
Usha Thorat, a deputy governor of the Indian central bank, says business models and an intuitive approach to risk are key to banks’ success post-crisis
Who should decide on LoLR support?
Central Bank of Uruguay’s Jorge Ponce looks at who should decide on emergency liquidity assistance
Rethinking risk aversion in asset-price models
San Francisco Fed shows measuring household risk aversion correctly is crucial for understanding asset prices
ECB winds up euro-franc swap line
The European Central Bank says it will let seven day euro-franc swap line expire at the end of January in a further sign that it is withdrawing extraordinary support measures
Brazil broadens settlement universe
The Brazilian central bank grants brokers and dealers direct access to its Selic settlement system
Accurate inflation forecast crucial for exit plan
St Louis Fed looks at challenges in designing effective exit policy
Timing is everything: RBI’s Subbarao on exit
RBI governor Duvvuri Subbarao stresses the need to support recovery while addressing soaring inflation a week ahead of next policy meeting
Swiss govt must defend free trade – SNB’s Roth
Swiss National Bank’s Jean-Pierre Roth says weak growth, unemployment, public finance and inflation key future challenges
Bank of Estonia – Financial Stability Review 2/2009
Bank of Estonia says borrowers’ capability to repay debt is the main risk to stability
Bank of Italy – Economic Bulletin January 2010
Bank of Italy – Economic Bulletin January 2010 Bank of Italy says recovery will be sluggish in 2010 and 2011
Shirakawa pledges to keep policy loose
Japanese governor Masaaki Shirakawa reiterates the central bank’s commitment to tackle deflation as figures show more people expect prices to fall over 2010
Denmark surprises with second cut in a week
National Bank of Denmark cuts key rate by a further ten basis points on Thursday in a bid to hold back krone
Kan revives worries over BoJ-government conflict
The appointment of Naoto Kan as finance minister last week has added to the tension between government and central bank
Brazil names new head of foreign affairs
Central Bank of Brazil appoints Carlos Araujo to lead international affairs as current head Maria Celina Arraes returns to UN post
RBI's Mohanty bemoans inflation measures
Reserve Bank of India's Deepak Mohanty wants robust primary measure of inflation
Bank of Korea - Financial Statement Analysis (Q3 2009)
Analysis points to low growth in the three months to September 2009, but notes some reasons for optimism