Economics
Fukui denies BOJ leaked information
Bank of Japan governor Toshihiko Fukui denied in parliament Thursday 16 March that the central bank leaked information to the media before announcing an interest-rate increase last month.
Wen: China's growth 'unstable' & 'unsustainable'
China's economic expansion, the source of about a 10th of global growth last year, is unstable and environmentally unsustainable, Premier Wen Jiabao told a press conference on Friday 16 March.
Greenspan says subprime spillover unlikely
Problems facing lenders of risky mortgages are not likely to spill over into the broader economy unless housing prices see another substantial fall, former Fed chairman Alan Greenspan said Thursday 15 March.
No plan to relocate central bank says Perng
Central Bank of China (CBC) governor Perng Fai-nan said Wednesday 14 March that Taiwan's central bank will not relocate its headquarters from Taipei City to southern Taiwan.
Markets not pricing risk well says ECB's Weber
Global financial markets may not be adequately pricing risk even after their recent sharp corrections, European Central Bank governing council member Axel Weber said on Thursday 15 March.
PBOC vows to open financial sector further
China will further open its financial sector in "an active and safe" way, the People's Bank of China said in a report Friday 16 March.
ECB Monthly Bulletin, March 2007
The European Central Bank published its March 2007 Monthly Bulletin on Thursday 15 March. In the report the ECB said it expects euro zone growth to moderate in the first quarter and then continue around its potential rate.
Bank of England Inflation Attitudes Survey, Feb 07
The Bank of England published its February 2007 Inflation Attitudes Survey on Thursday 15 March. UK inflation expectations for the coming year remained at an elevated 2.7 pct in February, the survey found.
RBNZ's Bollard on global liquidity and New Zealand
In the speech 'Easy money: Global liquidity and its impact on New Zealand' given on 15 March Alan Bollard of the RBNZ said that the central bank is assessing alternative measures to support the official cash rate.
Bini Smaghi says more data needed on growth
European Central Bank (ECB) executive board member Lorenzo Bini Smaghi said Wednesday 14 March the eurozone economy is showing signs of self-sustaining growth but the ECB still needs additional data to confirm it.
BoJ's Fukui says no stocks impact from rate hike
Bank of Japan governor Toshihiko Fukui said in parliamentary testimony Thursday 15 March that the BoJ's latest rate hike in February did not directly lead to the recent global stock market slump.
Too much of a good thing for China
According to this article published by the Asia Times on Thursday 15 March, senior Chinese officials say it will take time to reduce China's trade surplus, which has been a source of friction with its trading partners.
Kato on IMF reform and exchange rate surveillance
In the speech 'IMF reform and exchange rate surveillance' given on 7 March Takatoshi Kato of the IMF said exchange rate assessments need to disentangle factors that are relevant for the medium term from those affecting short-term dynamics.
Sweden's Nyberg on credit derivatives
In the speech 'Credit derivatives - risks and opportunities' given on 13 March Lars Nyberg of the Sveriges Riksbank said the advantages of credit derivatives exceed the risks for the economy.
BoC paper on world real interest rates
Over the past 15 years, long-term interest rates have declined to levels not seen since the 1970s. The Bank of Canada Working Paper "World real interest rates: A global savings and investment perspective" explores possible shifts in global savings and…
BIS Quarterly Review, March 2007
The Bank for International Settlements published its March 2007 Quarterly Review on Wednesday 14 March. The report said prices of risky assets rallied between end-November and late February as the outlook for economic growth appeared to improve, while…
Taiwan's Perng: rates may be approaching peak
Taiwan's series of interest rate increases may be approaching a peak because of subdued inflation and slowing export growth, said Perng Fai-nan, governor of the Central Bank of the Republic of China (Taiwan) in an interview published Wednesday 14 March.
Tanaka says next BOJ policy changes to take time
Japan's economy is running smoothly but it is not yet in an inflationary environment and further Bank of Japan monetary policy changes may take some time, Japan's senior vice finance minister said on Tuesday 14 March.
Slovakia on track for 2009 euro says IMF
Slovakia is very likely to meet euro entry criteria in time to adopt the single currency as planned in 2009, the International Monetary Fund said Tuesday 13 March.
Sweden's Srejber on integrating financial services
In the speech 'Integration of financial services has come a long way in Europe' given on 12 March Eva Srejber of the Sveriges Riksbank said greater integration of the markets for financial services is important for enhancing growth in Europe.
Fed's Kroszner on changing dynamics of inflation
In the speech 'The changing dynamics of inflation' given on 12 March Randall Kroszner of the Federal Reserve said the Federal Reserve cannot be complacent about inflation and would act if currently benign inflation expectations change.
Tumpel-Gugerell on European financial markets
In the speech 'The competitiveness of European financial markets. An economic framework for effective policy-making' given on 12 March Gertrude Tumpel-Gugerell of the ECB said greater integration of mortgage markets among European economies would allow…
Serbian cb chief says inflation under control
Head of the National Bank of Serbia (NBS) Radovan Jelasic said on Sunday 11 March public spending would not cause a hike in prices.
YV Reddy appointed chairman of the BIS in Asia
The Board of Directors of the Bank for International Settlements (BIS) announced Monday 12 March Yaga V Reddy as Chairman of the BIS Asian Consultative Council (ACC).