Economics
Richmond Federal Reserve - Annual Report 2007
Following the retirement of the oldest members of the so-called "baby-boomer" generation, the Richmond Federal Reserve has taken the opportunity to ask if US citizens are saving enough.
St Louis Federal Reserve - Annual Report 2007
A retrospective conversation with William Poole, the outgoing president of the St Louis Federal Reserve, is one of the highlights of the institution's latest annual report.
Padoa-Schioppa resigns from IMF role
Tomasso Padoa-Schioppa quit on Friday as chairman of its International Monetary and Final Committee.
Turkey appoints new deputy
Mustafa Ibrahim Turhan, a board member of the Central Bank of Turkey, will become one of four of the institution's deputies.
Eurozone banks toughen lending standards
Borrowing across the eurozone became harder for both the region's businesses and consumers in the three months to March, the latest European Central Bank lending survey reveals.
HKMA Annual Report 2007
The Hong Kong Monetary Authority's Exchange Fund achieved a record rate of return in 2007, the year's annual report reveals.
Spain's Ordoez on emerging markets
One of the most surprising features of the recent turmoil is the resilience of most emerging market economies, said Miguel Fernandez Ordoez, the governor of the Bank of Spain.
IMF programmes improve governance, says Fund
Successful implementation of International Monetary Fund programmes results in improvements in the quality of economic governance, research published by the Fund states.
UK parliament gives King the thumbs up
Mervyn King has fulfilled his responsibilities as governor of the Bank of England very well during his first term and deserves to serve for a further five years, an influential group of UK lawmakers has said.
Austria names new governor
Ewald Nowotny, a former chief executive of BAWAG, an Austrian Bank, is to replace Klaus Liebscher, at the helm of the country's central bank.
BIS starts Americas council
The Bank for International Settlements (BIS) has established a forum aimed at facilitating debate between the Basel-based institution and policymakers in the Americas.
HKMA's Pang commends SMEs
Small- and medium-sized enterprises play a vital role in the economic growth of developing countries, Peter Pang, a deputy chief executive of the Hong Kong Monetary Authority, said.
Federal Reserve - Annual Report 2007
Policymakers expect US inflation to moderate in 2008 and 2009, with expectations remaining reasonably well anchored in spite of the recent pick-up in price growth, the Fed's annual report states.
Greece's Garganas to step down
Nicholas Garganas, the governor of the Bank of Greece, will retire when his first term ends in June.
Barbados - Q1 review
Boosted by a rebound in tourism activity and a moderate expansion in manufacturing output, the Barbadian economy performed well in the first quarter of the year.
Money and banking in PNG - new edition
The Bank of Papua New Guinea has published the second edition of its book on money and banking in the country.
Fund directors lead exodus
The International Monetary Fund has conducted the first in a series of directorial reshuffles after six senior managers opted for voluntary redundancy.
Jordan on the Swiss outlook
The outlook for Switzerland's economy remains good, stated Thomas Jordan, a member of the governing board of the Swiss National Bank.
IMF redundancy offer oversubscribed
The International Monetary Fund's bid to cut its workforce by 13% by offering voluntary redundancy packages has led to over 20% of employees asking to leave.
Bank lending falls in Norway
Household credit demand in Norway declined in the first quarter of 2008, reports a recent survey of bank lending by the Bank of Norway.
IMF governors pass reform measures
The vast majority of the International Monetary Fund's (IMF) governing board has backed a raft of reforms that will see emerging markets have a greater say in how the organisation is run.
Good year ahead for US farming
US farmers could enjoy another bountiful year, due in large part to rising export opportunities, finds an economic report published by the Kansas City Federal Reserve.
New financial centre forming in Trinidad?
Trinidad and Tobago should establish itself as a financial hub for the greater Caribbean region and as a financial gateway for Latin America, said Ewart Williams, the governor of the central bank.
Fed welcomes SWF investment
Scott Alvarez, the general counsel of the Federal Reserve, has told the US Senate that the central bank welcomed investments by foreign sovereign wealth funds in American banks and financial institutions.