Central Banks
China’s consumption key for crisis exit
International Monetary Fund says global recovery needs China and Japan to strengthen domestic consumption
Trichet sees “pressing need” for fiscal responsibility
Announcing that interest rates would be kept unchanged, ECB president calls for governments to formulate realistic exit strategies
Officials must prepare for higher US saving: Geithner
Acknowledgment needed that American savings rates will be higher post crisis, US Treasury secretary Tim Geithner warns
CNB’s Singer blasts media portrayal of CEE
Czech National Bank’s Singer rails at blanket assessments of central and eastern Europe
Fed’s Dudley warns of looming commercial property woe
New York Federal Reserve’s William Dudley flags risks from commercial real estate sector, says strains restraining recovery
ECB’s Tumpel-Gugerell calls for structural reforms
European Central Bank's Gertrude Tumpel-Gugerell says structural reforms needed to emerge from the crisis
Future rate disclosure works
Bank of Italy looks at the impact of disclosing future rate movements as part of monetary policy
Bank economist to head Nomura’s European team
Peter Westaway leaves the Bank of England, joins investment bank as chief economist for Europe
Australia hikes rates in surprise move
Reserve Bank of Australia joins Bank of Israel in tightening borrowing costs on signs recovery in full flow
A cynical view of the 2009 IMF/ World Bank meetings
Robert Pringle, the chairman of Central Banking Publications, sums up this year’s gathering in Istanbul
Geithner wades into World Bank funding debate
Tim Geithner says governments must support World Bank’s bid for more capital after officials question governance model
G30 calls for smaller IMF board, surveillance revamp
Group of Thirty wants four European members off International Monetary Fund board, says all countries must agree to surveillance reports
DSK picks ex-Japanese politician to succeed Kato
International Monetary Fund managing director proposes Naoyuki Shinohara as next deputy managing director
Former Bank official to advise Treasury on stability
Alistair Clark to advise Whitehall on financial stability
FDIC’s Bair offers too big to fail answer
Federal Deposit Insurance Corporation chair says current wind-down mechanism should be extended to all banks
World Bank – Annual Report 2009
World Bank outlines post-crisis support measures
Watch out for inflows: India’s Subbarao
Reserve Bank of India’s Duvvuri Subbarao says emerging markets should think about how to respond to post-crisis hot money inflows
Raise liquidity rule for property funds – Buba
Analysis of German real-estate funds during the crisis shows that regulators should impose a higher liquidity ratio, a new paper from the Deutsche Bundesbank argues
Nomura deputy says thanks for Lehman
Nomura's UK vice chair says he is “extraordinarily grateful” for biggest bankruptcy in history, says bankers not greedy, just playing by the rules
Tucker: “no clear idea” on too-big-to-fail fix
Bank of England's Paul Tucker acknowledges lack of clarity in solving too-big-to-fail problem