Central Banks
Denmark cuts for second time in a month
National Bank of Denmark lowers lending rate by a tenth of a percentage point. Iceland holds to promote appreciation
T&T’s Williams – financial education in schools needed
Central Bank of Trinidad and Tobago’s Ewart Williams says financial education should be the school curriculum
Sweden’s Oberg says inflationary pressures not there
Sveriges Riksbank’s Svante Oberg says policy rate will remain low
Zeti: Islamic finance passed the crisis test
Bank Negara Malaysia’s Zeti Akhtar Aziz says the strength of Islamic finance was tested during the global financial crisis
International investors drive Thai exchange rate
Bank for International Settlements says Thai exchange rate is in part determined by international investors' cross-border portfolio rebalancing decisions
Fed wants delay on release of loan details
Federal Reserve says naming loan recipients would hinder its ability to manage current and future crises
Positive growth proves Central Bank of Philippines right
Second quarter GDP data justifies the Central Bank of Philippines’ decision to keep rates on hold
Gudmundsson on Iceland’s future
New governor Már Gudmundsson says cross-border banking in Iceland should largely be banned until system is made safer by euro membership
Bulgaria’s Iskrov reappointed
Palaver over after lawmakers overwhelmingly back Bulgarian National Bank governor’s nomination for a second term
Thailand holds on signs of recovery
Bank of Thailand keeps rates at 1.25%, says level appropriate for growth and inflation
RBA upholds interchange fee freeze
Reserve Bank of Australia keeps interchange fees regulate, saying industry has not sufficient progressed in increasing the competition
Gudmundsson on Iceland’s collapse and recovery
Már Gudmundsson, the governor of the Central Bank of Iceland, discusses the authority’s rebuilding efforts and whether euro membership is right for them
Trichet: asset prices impact policy
European Central Bank’s Jean-Claude Trichet says that asset-price dynamics impact the central bank’s policy decisions
Inflation forecasting for a changing world
Norges Bank develops new model suitable for real-time inflation forecasting
Monetary policy needs financial analysis
European Central Bank says globalisation of financial markets over the past 25 years has had major implications for the conduct of monetary policy
Emerging-market shocks have mixed results on US assets
Bank of England looks at international financial transmission between emerging and mature markets
Bernanke nominated for second term
President Obama wants Bernanke to serve second four-year term after staving off a financial meltdown
Bank’s Bean: give us some credit
Bank of England deputy governor Charlie Bean says economists must put credit back into economics in a “meaningful” way
Nigeria downgraded on banking, fiscal fears
Standard & Poor’s lowers Nigeria’s sovereign credit ratings on concern over fiscal flexibility on back of bank bailout
How to set up a sovereign wealth fund: an IMF primer
The International Monetary Fund guides on policy and operational considerations in setting up a sovereign wealth fund