Economics

Report names likely Fed appointees

US president Bush administration is considering Larry A. Klane as a board member at the Federal Reserve, two people familiar with the matter were quoted as saying by MarketWatch.

Speeches from the CeMCoA symposium

The Bank of Japan has published speeches made by guest speakers at the international symposium "Ten years after the Asian currency crisis: Future challenges for Asian economies and financial markets" hosted by the Center for Monetary Cooperation in Asia …

Bergo on stabilization & commodity wealth funds

In the speech 'Best practice in structuring stabilization and commodity wealth funds' given on 8 May Jarle Bergo of Norges Bank said the Government Pension Fund and our fiscal guideline have helped us to avoid the common pitfalls in resource rich…

Interview with Paul de Grauwe

In an interview with EurActiv, published Thursday 10 May, Paul de Grauwe warns that "ill-founded" and "dangerous" criticism of the European Central Bank by newly elected French president Nicolas Sarkozy could threaten monetary union.

Canada's Dodge on exchange rate regimes

In the speech 'The importance of appropriate exchange rate regimes' given on 4 May David Dodge of the Bank of Canada said the Canadian dollar's rise in recent years has helped Canada maintain stable growth and inflation as commodity prices rose sharply.

Hungary to name NBH deputy by 1 July

Hungarian central bank (NBH) governor Andras Simor will name by 1 July who will be the central bank's second deputy governor, local newswire MTI reported on Wednesday 9 May.

Qatar cb focusing on transparency

Sheikh Abdullah bin Saud Al Thani, Governor of Qatar Central Bank (QCB), said Tuesday 8 May that the QCB will give high priority to strengthening good corporate governance, transparency and accountability in the financial sector.

BoE says efficiency push may harm stats

The Bank of England said in a submission to a parliamentary committee published on Wednesday 9 May that it is concerned that cost constraints are preventing the UK's Office for National Statistics from doing a proper job.

SARB's Mboweni on the global economy

In the speech 'Risks and challenges facing the global economy' given on 4 May Tito Mboweni of the South African Reserve Bank said currently the world economy is characterised by generally strong growth and low inflation.

ECB's Tumpel-Gugerell on financial integration

In the speech 'Financial integration, modernisation and competitiveness in Europe: achievements and challenges' given on 7 May Gertrude Tumpel-Gugerell of the ECB said minority shareholders need more protection against abuses by company insiders.

Knight's term of office at BIS extended

The Board of Directors of the Bank for International Settlements (BIS) announced Monday 7 May that it has extended the term of office of the General Manager, Malcolm Knight, to mid-2009.

ECB's Quaden: all info needed on inflation risk

European Central Bank board member, and governor of the Belgian National Bank, Guy Quaden told reporters Thursday 3 May that the ECB would consider all available data that could affect inflation risk when the central bank meets in Dublin next week.

Christodoulou leaves Cyprus in better shape

According to this article from the Financial Mirror, published Wednesday 2 May, Christodoulos Christodoulou, the outgoing governor of the Central Bank of Cyprus, will be remembered for more than getting banks into shape, he also shored up confidence in…

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