Central Banks
Norway’s Gjedrem plays down crisis impact
Norges Bank’s governor says financial crisis unlikely to feed through to real economy
Why MPC chairmen are (almost) always in the majority
Research uncovers reasons why committees tend to back chairmen
Fed’s Rosengren on lessons from history
Boston Federal Reserve’s Eric Rosengren draws on crises in previous centuries to come up with broad lessons on turmoil
Zim finance minister looks to cut central bank authority
Tendai Biti, Zimbabwe’s finance minister, has tabled a bill that seeks to reduce the powers of the Zimbabwe’s central bank and its governor
Norges Bank reverses emergency collateral rules
Norway’s central bank tightens collateral guidelines with immediate effect, proposes end to acceptance of bank bonds
Eichengreen sees dollar safe for now
The euro and the renminbi could both mount a strong challenge to the dollar’s status as the global reserve currency. But, as Berkeley economist Barry Eichengreen tells CentralBanking.com, must overcome some major obstacles before they can do so
Plosser attacks Fed liquidity support
Philadelphia Federal Reserve president says central bank has gone “far beyond” Bagehot’s lender-of-last-resort tenet, should accept nothing but Treasuries
Brazil capital control unlikely to slow real’s rise
Imposition halts currency’s appreciation but analysts sceptical move will help in longer term, investors jittery on Colombian peso
Paulson broke the law for Goldman Sachs, alleges book
Book accuses the former US Treasury Secretary of misconduct over alleged meeting with Goldman officials
Fed names new supervision head
Fed names Patrick Parkinson as Roger Cole’s replacement
King’s speech elicits mixed reaction
Commentators and politicians broadly support Bank governor’s call for break-up of biggest banks, but see no easy fix
RBA’s Payments System Board – Annual Report 2009
Reserve Bank of Australia’s Payments System Board says payments fraud increased
QE has boosted broad money: Bank
Bank of England’s Monetary Policy Committee unanimous in decision to keep the bank rate and the asset purchase programme unchanged
Research to focus on stability: Buba’s Weber
Bundesbank’s Axel Weber says central banking studies must concentrate on financial stability and links to monetary policy
King calls for radical reform of banking
Bank of England governor pushes for root-and-branch reform, says Bank will detail macroprudential approach later this week
Bernanke: don’t lose sight of global imbalances
Fed chairman’s comments build on recent efforts by the International Monetary Fund to deal with instability of global monetary order
IMF’s Lipsky on lessons from past crises
IMF deputy managing director discusses what has been learnt from the crises, and how emerging markets have avoided the worst
France’s Noyer likely to win second term
French central bank governor looks set to be given a second term after glowing endorsement from economy minister
Korea considering shifting dollar assets to gold
Korean central bank reportedly interested in diversifying reserves; favours gold over dollar
Corporate debt purchase no longer vital: BoJ
The Bank of Japan’s rate setters say financial conditions improving on the whole, some downside risks remain