Central Banks
Fed will be ready for exit: Kohn
Donald Kohn, vice chairman of the Federal Reserve, says the central bank will be fully prepared to tighten expansionary policy
Bank of Ghana appoints new governor
Economist and former deputy finance minister Kwesi Bekoe Amissah-Arthur takes over from Paul Acquah
Central Bank of Solomon Islands – Annual Report 2008
Central Bank of Solomon Islands sees subdued growth and further deterioration in the balance of payments ahead, according to its latest Annual Report
IMF’s new exchange-rate terms explained
International Monetary Fund explains revisions to its system for the classification of exchange rate arrangements
Imbalances: this time it's different, says Blanchard
International Monetary Fund sees growth recovering to 3% next year but warns that without imbalances fix, long-run picture remains bleak
Dollar reserves dip
Latest Annual Report from the International Monetary Fund shows official sector shifting into euro, yen
Recovery underway, but risks remain – IMF
Global Financial Stability Report cuts financial loss projection
Fed outlines tougher cards regime
Federal Reserve proposes changes to Regulation Z to protect consumers
Bank’s Miles confident on quantitative easing
QE working and will end when circumstances dictate, says MPC member
Banks’ funding models to blame for the crunch
ECB Executive Board member Gertrude Tumpel-Gugerell says funding switch weakened banks, complex instruments alone not the cause of the crisis
House prices influence rate setting – Norway’s Gjedrem
Norges Bank’s Svein Gjedrem says equity and property prices influence monetary policy in Norway
India’s Chakrabarty wants better global governance
Reserve Bank of India’s Kamalesh Chakrabarty calls for a global governance system to reflect needs of emerging and developing countries
Wanted: paranoid and unpopular central bankers
Panel says central bankers must look for risk everywhere and be prepared to implement unpopular policies to prevent the next crisis
Communication in a crisis: some thoughts for central bankers
Citing the case of Northern Rock, Geoffrey Wood, a professor of economics at Cass Business School, calls for central banks to better prepare for their communications on financial stability
We won’t shore up money markets indefinitely: Trichet
European Central Bank president says its too early to exit, but warns “exceptional measures” must be phased out
Focus on incentives: Japan’s Yamaguchi
Bank of Japan’s Hirohide Yamaguchi says incentives must be analysed to prevent future crises
Hong Kong’s future intertwined with renminbi: Yam
In his farewell address, Hong Kong Monetary Authority’s Joseph Yam says the financial centre’s future is linked with liberalisation of the mainland
Review, reflect and reaffirm: Canada’s Carney
Bank of Canada’s Mark Carney notes improvement in economic conditions but emphasises the need to remain alert