Economics
MAS's Kiang on recent financial developments
In the speech 'Brief review of recent financial and economic developments in Singapore' given on 13 February Lim Hng Kiang of the Monetary Authority of Singapore said Singapore, being at the heart of Asia, provides global financial institutions a unique…
Key US Democrat warns on inflation target idea
It would be a "terrible mistake" for the U.S. Federal Reserve to adopt any form of inflation target to guide policy, a senior Democratic lawmaker was quoted as telling the Financial Times on Tuesday 19 February.
Ex BoJ's Fujiwara says rate rise needed
The Bank of Japan should raise interest rates before the current rock-bottom rates trigger an asset bubble in the economy, a former BOJ deputy governor said on Monday 19 February in an interview with Reuters.
GCC chiefs to meet in April - report
Governors of Gulf Arab central banks will meet on April 3 and 4 in Saudi Arabia to discuss plans for monetary union and other issues, an official at the United Arab Emirates central bank was quoted Tuesday 20 February by Reuters.
Tarisa says BOT aiming to convert to bank deposits
Bank of Thailand governor Tarisa Watanagase said Tuesday 20 February the central bank will not need to issue the same number of bonds as it did in the past once it is authorised by a new law that will allow it to take deposits from commercial banks.
Bank of Japan faces hard decision on interest rate
According to this article from MarketWatch, published Tuesday 20 February, the Bank of Japan will have a hard decision to make on interest rates at the conclusion of its policy meeting Wednesday.
Tumpel-Gugerell on tripartite protocol
In a speech given on 16 February Gertrude Tumpel-Gugerell of the ECB said over the next six months, the ECB and eight central banks will be working closely with the Central Bank of Bosnia and Herzegovina on a needs assessment programme funded by the…
St Louis Fed's Poole on US saving
In the speech 'US saving' given on 15 February William Poole of the Federal Reserve Bank of St. Louis said a significant decline in long-term real interest rates started in the early 1990s, when the estimated real yield averaged around 3.5 percent.
Bank of England ready for 'more turbulent times'
The Bank of England said Monday 19 February it will be able to keep inflation under control even if inflation becomes more unpredictable than during the past decade.
Volcker says surging inflation in India worrying
India's surging inflation was a matter of concern but the Reserve Bank's monetary response to the issue was on track, renowned economist Paul Volcker said on Sunday 18 February.
Libya, Tunisia sign currency agreement
Libya and Tunisia have signed a currency exchange agreement of the Libyan and Tunisian dinar.
IMF's Caruana on ageing & pension risk management
In a speech given on 15 February Jaime Caruana of the IMF said the management of long-term, ageing-related risks may require policymakers to seek new and creative policy solutions.
Norway's Gjedrem on economic perspectives
In the speech 'Economic perspectives' given on 15 February Svein Gjedrem of Norges Bank said that the bank's key interest rate will be gradually increased to 5 per cent.
Philadelphia Fed Business Outlook Survey, Feb 2007
According to the firms surveyed for the Philadelphia Fed's February 2007 Business Outlook Survey, activity in the region's manufacturing sector was mostly steady this month.
Bank of Canada Review, Winter 06-07
The Bank of Canada published its Review for Winter 2006-2007 on Thursday 15 February. The Review includes the article 'Why monetary policy matters: A Canadian perspective'.
Abilov appointed head of Turkmenistan CB
Turkmen president Gurbanguly Berdymukhammedov signed a decree on the appointment of Geldymurad Abilov chairman of the Central Bank of Turkmenistan on Thursday 15 February.
Deloitte chief nominated to Hungary's central bank
Hungarian prime minister Ferenc Gyurcsany on Friday 16 February nominated Andras Simor, chief of the Hungarian arm of auditing and consulting giant Deloitte, as be new governor of the central bank.
Bernanke says China's yuan is 'undervalued'
Federal Reserve chairman Ben Bernanke said Thursday 15 February he thinks the Chinese yuan is undervalued and should be allowed to trade more freely on international markets.
RBNZ appoints deputy governor
Grant Spencer has been appointed deputy governor of the Reserve Bank of New Zealand, RBNZ governor Alan Bollard announced Friday 16 February.
ECB's Trichet on an increasingly globalised world
In the speech 'How can the European economy succeed in an increasingly globalised world?' given on 15 February Jean-Claude Trichet of the ECB said euro zone countries need to improve their cost competitiveness to benefit from globalisation.
ECB Monthly Bulletin, February 2007
The European Central Bank published its February 2007 Monthly Bulletin on Thursday 15 February. In the report the ECB said reiterated that it is exercising 'strong vigilance' on inflation risks.
Financial statistics for a global economy
The European Central Bank published Proceedings of the 3rd ECB conference on statistics, held 4 and 5 May 2006, on 15 February. The series of ECB conferences on statistics has become an important forum for multidisciplinary, forward-looking exchanges of…
Fed turnover creates challenges
According to this article published by USA Today on Monday 12 February, Ben Bernanke faces new challenges at the Federal Reserve with the departure of key officials.
ECB's Quaden says yen, yuan weak v euro
The Japanese yen and the Chinese yuan are undervalued against the euro, European Central Bank governing council member Guy Quaden said Thursday 15 February.