Central Banks
Liikanen calls for post-crisis reality check
Erkki Liikanen, governor of the Bank of Finland, says optimism must be reined in
Recovery starts in India’s economy
RBI governor upbeat in mid-year monetary policy review
Britain on road to “lost decade”
Newest MPC member says fixing banks must be a priority for UK
Rwanda launches mobile money scheme
François Kanimba, governor of the National Bank of Rwanda, says the new mobile money system will be closely supervised
Government criticises Bank of Japan for excessive optimism
Finance minister comments reveal split in outlook with central bank
Turkey revises inflation forecast downwards
The Central Bank of Turkey’s quarterly Inflation Report shows significant reduction in inflation rate
Four steps to improve international cooperation: Fed’s Kohn
Fed vice-chairman Donald Kohn calls for a more coordinated global response to the crisis
Curaçao and Sint Maarten should dollarise – Tromp
Bank of the Netherlands Antilles’s Emsley Tromp says formal dollarisation would improve the islands’ macroeconomic stability
Productivity drives banks’ international efforts
Bundesbank’s research finds that only the largest and more productive banks engage in international activity and set up foreign affiliates
Banks will be held to their promises: Canada’s Carney
Mark Carney, governor of the Bank of Canada, warns financial institutions against complacency
Raise inflation target to avoid slump – IMF report
International Monetary Fund study looks at how monetary policy can help hold off a protracted deflationary and economic slump when policy rates are near zero
Bundesbank will not be a better regulator: BaFin’s Sanio
Jochen Sanio, president of Germany’s banking regulator, strikes out against government plans to make the central bank sole regulator
Trichet rules out €30 banknote
ECB president Jean-Claude Trichet says the central bank will not issue a €30 bill after lawmaker’s request
Indian banks resilient – RBI report
Reserve Bank of India’s report shows financial sector has coped well, but systemic risk remains
National Bank of Ethiopia – Quarterly Bulletin
Central bank report finds growth in financial services, particularly microfinance, and investment
Emerging economies to lead the recovery: BoJ deputy governor
Bank of Japan's Kiyohiko Nishimura says financial conditions and business sentiment in the world’s second largest economy have improved
Regulation will not stave off future crises: Bank’s Tucker
Bank of England’s deputy governor argues that regulation will not address collective-action issues; sets out macroprudential tools
Eichengreen backs Fund as global lender of last resort
Berkeley economist Barry Eichengreen believes International Monetary Fund should in time take on the mantle of global lender of last resort
Interview with Barry Eichengreen
Berkeley economist Barry Eichengreen talks to CentralBanking.com on the IMF’s new role, reserve currencies and the future of economics as a science
Norway’s Gjedrem plays down crisis impact
Norges Bank’s governor says financial crisis unlikely to feed through to real economy