Central Banks

Liebscher on globalisation of financial markets

On the occasion of the Oesterreichische Nationalbank's conference "Financial Crisis - A Never-Ending Story ?", governor Klaus Liebscher highlighted the roles of public policy and central banks in a highly dynamic and complex transformation process of our…

Tumpel-Gugerell: The eternal financial crisis?

Financial crises may hit anywhere, may affect any market, any country, any region, and may erupt all of a sudden, underlined OeNB vice governor Tumpel-Gugerell in her address on the occasion of the opening of the Oesterreichische Nationalbank's 1999 East…

Interbank rates fall as year-end passes

Pressure on the banking industry eased slightly on Wednesday with spreads between money market and central banks' benchmark interest rates narrowing as the end-of-year liquidity panic passed. The falls indicate that the central banks' efforts to…

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