Economics

ECB's Trichet at the Transatlantic Roundtable

In keynote luncheon remarks at the conference 'Transatlantic Roundtable on Finance and Monetary Affairs' given on 13 April Jean-Claude Trichet of the ECB said that in terms of integration the euro area retail banking markets have further to go.

France's Redouin on risks

In the speech 'Risks may be transferred, but they do not disappear!' given on 29 March Jean-Paul Redouin of the Bank of France said we should not forget that the current financial system is multidimensional and closely interlinked.

IMF's Lipsky on outlook for L America & Caribbean

In the speech 'Improving the Outlook for Latin America and the Caribbean' given on 13 April John Lipsky of the IMF said the outlook for Latin America and the Caribbean region has been favorable but with some work it could be better still.

Chicago Fed's Moskow on US economic outlook

In the speech 'U.S. economic outlook' given on 11 April Michael Moskow of the Federal Reserve Bank of Chicago said the risk of inflation staying stubbornly high is still greater than the possibility of economic growth falling too low.

Risk measurement and systemic risk

The European Central Bank on 11 April published proceedings from the Fourth Joint Central Bank Research Conference on Risk Measurement and Systemic Risk which took place at the ECB in Frankfurt on 8 and 9 November 2005.

Sveriges Riksbank Economic Review, No 1 2007

The Sveriges Riksbank published its Economic Review No 1 2007 on Wednesday 4 April. The latest edition includes the article "The role of academics in monetary policy: a study of Swedish inflation targeting".

RBZ's Gono urges privatisation quickly

Zimbabwe could easily realize at least 3 billion U.S. dollars from the privatization of some parastatals, enough to meet its annual import requirements, according to The Herald on Friday 13 April.

BOJ's Fukui signals confidence in US economy

Bank of Japan governor Toshihiko Fukui on Thursday 12 April repeated his optimism over the U.S. economy, saying it has a "high probability" of achieving a healthy slowdown despite signs of moderating business investment and high inflation rates.

Wolfowitz facing calls to quit World Bank

Paul Wolfowitz's position as head of the World Bank looked increasingly under threat Friday 13 April after he was forced to retreat from a meeting after being booed by his employees and the bank's governing board met overnight to decide his fate.

BMA appoints new CEO

The Bermuda Monetary Authority announced Thursday 12 April that Matthew Elderfield has been appointed as the central bank's next Chief Executive Officer.

BoE paper on migration and UK economy

Migration into the UK from EU accession countries continues to suppress inflationary and wage pressures, a working paper from the Bank of England's Monetary Policy Committee published Wednesday 11 April found.

Fed's Stern: Perspectives on the economy

In the speech 'Perspectives on the economy' given on 29 March Gary Stern of the Federal Reserve Bank of Minneapolis said the United States economy is "anything but fragile" and that the worst of the housing market crunch might be over.

IMF World Economic Outlook, April 2007

The International Monetary Fund published its World Economic Outlook April 2007 on 11 April. In the report the IMF said the European Central Bank should raise interest rates again this summer, and further tightening moves may also be necessary after that.

Bank of Japan Monthly Report, April 2007

The Bank of Japan published the English version of its April 2007 monthly report on Thursday 12 April. In the report the BOJ left its assessment of economic and financial developments unchanged in April, saying the economy will continue to expand…

IMF struggles to find a role on the global stage

According to this article from The Times, published Tuesday 10 April, both the IMF and the G7 are becoming outdated and toothless bodies as the world economic landscape is transformed by the rise of China, India and Brazil.

BOJ's Muto on monetary policy

In a speech given on 4 April Toshiro Muto of the Bank of Japan said hinting at the actual timing of the policy change is generally inadvisable.

IMF Paper: Balance of payments crises under IT

This IMF Working Paper analyzes a small open economy model under inflation targeting. The Paper shows why such a monetary regime is vulnerable to speculative attacks that take place over a short period rather than instantaneously.

Plosser says committing to policy goal important

Federal Reserve Bank of Philadelphia president Charles Plosser said on Tuesday 10 April that committing to a policy goal and providing more information about the central bank's aims would help keep inflation expectations in check.

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