Economics

IMF's Rato on the Japanese economy

In a speech given on 26 February Rodrigo de Rato of the IMF said warned policymakers and investors about increasing growth in yen carry trades and urged Japan to make clear that deflationary pressures are being rooted out.

Mizuno says BOJ needs to keep raising rates

The Bank of Japan needs to keep raising interest rates, board member Atsushi Mizuno said in a speech Wednesday 28 February, a week after he and other policy board members voted to increase interest rates for the second time in six years.

ECB's Stark continues to see inflation risks

European Central Bank board member Juergen Stark told Die Welt Wednesday 28 February that although eurozone inflation will probably slow this year, medium-term price developments remain a concern.

Buba's Weber signals ECB rate hikes

Bundesbank president Axel Weber signalled Wednesday 28 February in a speech that the European Central Bank was set to further raise its key interest rates, which are already at a five-year high point.

Fed's Bernanke on long-term fiscal challenges

In testimony 'Long-term fiscal challenges and the economy' given on 28 February Ben Bernanke of the Federal Reserve said that the administration and federal regulators are closely monitoring financial markets in the wake of the biggest sell-off in stock…

NY Fed's Geithner on liquidity & financial markets

In the speech 'Liquidity and financial markets' given on 28 February Timothy Geithner of the Federal Reserve Bank of New York said central banks should not focus on using policy to prevent asset bubbles, especially because liquidity is so difficult to…

Garganas says price risks growing

European Central Bank council member Nicholas Garganas told Bloomberg in an interview that economic growth may prove stronger than the ECB forecasts and inflation risks are increasing.

Wall Street still listens to Greenspan

This article published Wednesday 28 February looks at recent comments from Alan Greenspan, saying you would hardly know he had been gone from the Federal Reserve for more than a year, judging from the markets.

Blanchflower on developments in UK labour market

In the speech 'Recent developments in the UK labour market' given on 26 February David Blanchflower of the Bank of England said inflation in the UK is likely to fall back towards target by the middle of 2007 and well below it by the end of the year.

Liikanen on regional economic integration

In the speech 'Regional economic integration and monetary cooperation' given on 1 February Erkki Liikanen of the Bank of Finland said the role of monetary integration has been of decisive importance in the European context.

CNB's Tuma on the exchange rate forecast

In the speech 'The exchange rate forecast' given on 22 February Zdenek Tuma of the Czech National Bank said there is little doubt that the exchange rate plays a critical role in any attempt to forecast the business cycle in a small open economy.

PBoC's Zhou sees yuan appreciating faster

Yuan appreciation is likely to accelerate if the country's trade surplus keeps growing, People's Bank of China (PBoC) governor Zhou Xiaochuan told the Hong Kong Commercial Daily in an interview published Tuesday 27 February.

Meirelles says China volatility serves as alert

Market volatility in Brazil and abroad seen today, Tuesday 27 February, as a result of a strong selloff in China may serve as an alert for greater caution on the part of central banks in monetary policy decisions, Brazilian central bank president…

SF Fed's Yellen on the US economy in 2007

In the speech 'The US economy in 2007' given on 23 February Janet Yellen of the Federal Reserve Bank of San Francisco said she still sees upside risks to inflation but that U.S. interest rates were now "well positioned" to bring inflation down.

Bangladesh Bank - Annual Report 2005-2006

According to the Bangladesh Bank's Annual Report 2005-2006, the Bangladesh economy achieved a higher growth rate in FY06 underpinned mainly by a strong post-flood recovery in agriculture and notable expansion in manufacturing activities.

Fed's Bies on Basel II implementation in the US

In the speech 'An update on Basel II implementation in the United States' given on 26 February Susan Schmidt Bies of the Federal Reserve said that some parts of the proposed overhaul of U.S. banking rules known as Basel II could be delayed by a year.

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