Economics
BOJ new members see sustained, gradual recovery
Seiji Nakamura and Hidetoshi Kamezaki, who recently joined Bank of Japan's nine-member policy board, told a press conference on Wednesday 11 April they see a sustained but gradual expansion of the Japanese economy and a mild rise in inflation going…
Hungary's cb says inflation expectation still risk
There remains a risk that inflationary expectations may stabilize at higher levels than previously forecast by the Hungarian National Bank (MNB), Henrik Authg, vice president of the central bank said on Wednesday 11 April.
Is single East Asian currency possible? Not now
According to this article from the Shanghai Daily, published Tuesday 10 April, it is not a realistic approach for East Asian countries to explore the possibility of a single currency.
Central Bank of Sri Lanka - Annual Report 2006
According to the Central Bank of Sri Lanka's Annual Report 2006, Sri Lanka continued on an economic expansion path in 2006 demonstrating its sustained resilience recording a 7.4 per cent growth rate.
Spain's Ordoez on the biggest risk - complacency
In the speech 'The biggest risk - complacency' given on 31 January (published 4 April) Miguel Fernandez Ordoez of the Bank of Spain said on viewing recent developments in the Spanish economy we can draw a positive assessment that should not disregard the…
BNM's Zeti on potential role of Islamic finance
In the speech 'Potential role of Islamic finance in strengthening the New Silk Road' given on 28 March Zeti Akhtar Aziz of the Central Bank of Malaysia said Malaysia is committed to be part of the New Silk Road to facilitate greater cross border economic…
New Cyprus cb governor may be named soon
The new Cyprus central bank governor will probably be named in the next 10 days, finance minister Michalis Sarris said on Thursday 5 April on the sidelines of a press conference on euro awareness.
BOJ's Fukui sees no resumption of yen-carry trade
Bank of Japan governor Toshihiko Fukui said Tuesday 10 April he sees no sign of the resumption of the yen-carry trade, despite the recent weakening of the yen.
RBI concerned over inflation
The governor of the Reserve Bank of India is believed to have told money market dealers that it is concerned about the capital flows into the country, reported CNBC-TV18 on Tuesday 10 April.
IMF report sees soft landing for world economy
The International Monetary Fund is forecasting a 'soft landing' for the world economy and 4.9-per-cent growth in 2007, German government officials said Tuesday 10 April, according to Deutsche Presse-Agentur.
ECB paper on transition economy convergence
The ECB Working Paper "Transition economy convergence in a two-country model: implications for monetary integration" presents a two-country dynamic general equilibrium model of ex ante unequally developed countries.
Sveriges Riksbank - Annual Report 2006
According to the Sveriges Riksbank's Annual Report 2006, the year saw a positive outcome for nearly all areas of the business.
Dallas Fed's Fisher on risk
In the speech 'Risk is a many splendored thing: Lessons learned' given on 4 April Richard Fisher of the Federal Reserve Bank of Dallas said growing troubles in the market for risky mortgages do not appear to be spreading to the overall economy, but…
BOJ's Iwata on the state of the Japanese economy
In the speech 'The current state of the Japanese economy and its outlook' given on 7 March Kazumasa Iwata of the Bank of Japan said Japan's economy has been experiencing a sustained period of moderate expansion.
Knight on inflation targeting in emerging markets
In the speech 'Inflation targeting in emerging market economies' given on 4 April Malcolm Knight of the BIS said inflation targeting is not of course the only way to build monetary policy credibility.
Japan appoints new board members to BOJ
The Japanese government on Friday 5 April appointed a former top manager at Japan's largest trading company and a former shipping company executive to the Bank of Japan's monetary policy board.
RBA announces senior staff movements
The Reserve Bank of Australia announced Friday 5 April that Keith Hall, currently Head of Financial Stability Department, will take up the position of Head of International Department, which became vacant on the appointment of Guy Debelle as Assistant…
IMF says US slowdown would have spillover effects
The IMF said Thursday 5 April a broadening of the US economic slowdown to consumer spending and investment would have negative spillover effects on other regions.
Dookeran wants a Caribbean central bank
The Caribbean Single Market and Economy initiative must now be taken a step further with the establishment of a central bank for the Caribbean, Congress of the People political leader, Winston Dookeran said Wednesday 4 April.
Guerrero says India's inflation well contained
India's annual inflation of 6.5 percent is not that high when considering the nation's strong economic growth, a senior World Bank official said in an interview this week.
Gloom at currency talks points to deep GCC rift
According to this article from Middle East Online, published Friday 5 April, Gulf central bankers are deeply divided as they meet to finalise details of monetary union plans.
Fullani on macroeconomic developments in Albania
In the speech 'Summary of the latest macroeconomic developments in Albania' given on 26 March Ardian Fullani of the Bank of Albania said the Bank of Albania is confident that only financially stable banking institutions guarantee the foundations of a…
Central Bank of Iceland - Annual Report 2006
According to the Central Bank of Iceland's Annual Report 2006, in 2006 the Icelandic economy was characterised by imbalances on a greater scale than for many years.
Germany's Weber on financial globalisation
In the speech 'Challenges posed by (financial) globalisation' given on 15 March Axel Weber of the Deutsche Bundesbank said the search for yield in riskier assets was one of the main topics during the time of record-low interest rates in major economic…