Economics
Possible delays seen in GCC single currency
Gulf Arab states are still working to introduce a single currency by 2010 but this deadline has become tight and a delay is possible, Saudi Arabia's central bank governor told Reuters on Sunday 11 March.
Akhtar on Pakistan's banking sector reforms
In the speech 'Pakistan - banking sector reforms: performance and challenges' given on 1 February Shamshad Akhtar of the State Bank of Pakistan said Pakistan, like the rest of Asia, is growing fast and the rise in per capita income, emergence of middle…
National Reserve Bank of Tonga - Ann Rep 05-06
According to the National Reserve Bank of Tonga's Annual Report 2005-2006, economic growth is estimated by the Ministry of Finance to have eased from 2.3 per cent in 2004/05 to 1.9 per cent in 2005/06, which is slightly below the average pace of the past…
Fed's Kohn on the evolving inflation process
In the speech 'Understanding the evolving inflation process' given on 9 March Donald Kohn of the Federal Reserve said the Fed must keep a close watch on inflation expectations, which are "critical" to the conduct of monetary policy.
Lacker on the evolving inflation process
In the speech 'Understanding the evolving inflation process' given on 9 March Jeffrey Lacker of the Federal Reserve Bank of Richmond said that U.S. inflation expectations may not be anchored enough to promote price stability.
The economic impact of central bank transparency
The Working Paper "The economic impact of central bank transparency: a survey" from De Nederlandsche Bank provides an up-to-date overview of the literature on the desirability of central bank transparency from an economic viewpoint.
Canada's Dodge on global economic challenges
In the speech 'Meeting global economic challenges: The need for flexibility' given on 8 March David Dodge of the Bank of Canada said last week's stock market volatility was a reassessment of risks and he urged markets to price those risks appropriately…
Akhtar: Pakistan - investment friendly destination
In the speech 'Pakistan - an investment friendly destination' given on 22 February Shamshad Akhtar of the State Bank of Pakistan said Pakistan offers endless possibilities with its vast untapped resources.
Trends in financial market concentration
A study forthcoming in the Federal Reserve Bank of New York's Economic Policy Review concludes that there is no pervasive pattern in the past decade of high or increasing concentration in financial markets.
Bank of Spain - Annual Report 2005
According to the Bank of Spain's Annual Report 2005, the Spanish economy grew by 3.4%, 0.3% more than in the previous year.
Takenaka says BOJ rate hike came too early
Japan's former economic and fiscal policy minister Heizo Takenaka has criticised the Bank of Japan in an interview published Friday 9 March for increasing interest rates in February despite continued deflation.
Simor nominates deputy governor in Hungary
Newly installed National Bank of Hungary (MNB) governor, Andras Simor, proposed Ferenc Karvalits as the MNB's deputy governor and member of the Monetary Council on Thursday 8 March.
Mexico's Senate rejects central bank nominee
The Mexican Senate rejected President Felipe Calderon's nominee for deputy governor of the Bank of Mexico on Thursday 8 March.
New governor says CBK not to follow IMF blindly
Kenya's newly appointed central bank governor said Wednesday 7 March that the institution should develop partnerships rather than blindly follow the IMF and World Bank.
Bank of Mexico nominee may lose vote
Mexican president Felipe Calderon's nominee to fill a vacant seat on the central bank board will be rejected by the Senate on Friday 9 March, according to a senator quoted by Bloomberg.
Federal Reserve Board - Beige Book, March 2007
The Federal Reserve published its March 2007 Beige Book survey on Wednesday 7 March. Several U.S. regions noted slower economic growth in the last weeks of February but price pressures remained little changed despite tight labor markets, according to the…
St Louis Fed's Central Banker, Spring 2007
The St. Louis Fed has published the Spring 2007 edition of its Central Banker magazine. In the Feditorial: 'Expanded mission means a sturdier stool' Bank president Bill Poole examines how the St. Louis Fed has expanded our mission to include two…
On welfare benefits of an international currency
This IMF Working Paper assesses the welfare benefits associated with the international use of a country's currency.
Norges Bank Economic Bulletin, December 2006
The latest edition of Norges Bank's Economic Bulletin for December 2006 includes the article 'A retrospective on the introduction of prices in the Norwegian payment system'. The article provides an account of the transition from free services to direct…
RBI's Thorat on banking in the Hinterland
In the speech 'Banking in the Hinterland' given on 14 February Usha Thorat of the Reserve Bank of India said competition in urban areas is squeezing bank margins.
Kamezaki, Nakamura to join BOJ board
Hidetoshi Kamezaki, a senior vice president of Mitsubishi Corp., and Seiji Nakamura, president of MOL Ferry Co., were appointed to the Bank of Japan's nine-member board, Japanese media reported Thursday 8 March.
Narube on Fiji - the way ahead
In the speech 'Fiji - the way ahead' given on 23 February Savenaca Narube of the Reserve Bank of Fiji said the Reserve Bank has been highlighting the imbalance between exports and imports for some time now.
SARB's Guma on Swaziland and monetary union
In a speech given on 1 March Xolile Guma of the South African Reserve Bank said Swaziland needs to address a number of issues in regard to its position in the establishment of a regional monetary union.
Poland's Balcerowicz warns on Western welfare
"Developing countries should not always look to the West for a model of the welfare state," said Leszek Balcerowicz, former president of Poland's central bank on Tuesday 6 March.