Economics
Iraq's central bank to curb inflation
Officials at the Central Bank of Iraq (CBI) said that the bank is considering taking measures to curb inflation which hiked to 70 percent last year on soaring oil prices, Iraq Directory reported Wednesday 14 February.
Malta may apply for euro accession in March
Malta will file its formal request for accession to the eurozone in the first two weeks of March, The Times of Malta reported Wednesday 14 February.
Reports say Brazil's Meirelles will keep job
Brazilian president Luiz Inacio Lula da Silva ruled out the possibility of replacing central bank chief Henrique Meirelles, according to media reports Wednesday 14 February.
Officials call on BOJ to consider govt views
Japanese cabinet ministers on Thursday 15 February called on the Bank of Japan to consider the government's view when deciding whether to raise interest rates at a policy meeting next week.
Weber sees inflation around 2 pct to end-2008
Bundesbank president Axel Weber said in an interview published Thursday 15 February he expects eurozone inflation to be around 2.0 pct between now and the end of 2008.
Bank of England Inflation Report, February 2007
The Bank of England published its February 2007 Inflation Report on 14 February. At a press conference BoE governor Mervyn King highlighted that the outlook for inflation over the next year is "highly uncertain" due to the large cut in gas and…
IMF's Rato at the Liberia Partners' Forum
In a speech given on 13 February Rodrigo de Rato of the IMF said the IMF's staff and management will continue to support the Liberian authorities in every way we can.
Zalm says French on their own over ECB
Outgoing Dutch finance minister Gerrit Zalm said in an interview published Wednesday 14 February that no other eurozone countries share France's wish for politicians to exercise more control over the European Central Bank.
BoJ's Fukui says risks to sustained growth remain
Bank of Japan governor Toshihiko Fukui said Wednesday 14 February he remains cautious about the outlook for sustained growth of the Japanese economy because it is still exposed to various risks.
PBOC says Wu's remarks don't rule out rate action
The People's Bank of China said Wednesday 14 February that comments by its vice governor published yesterday do not rule out the use of interest rates as an appropriate tool to absorb excessive liquidity.
Carlos Hurtado named to Mexico central bank board
Mexican president Felipe Calderon nominated Carlos Hurtado, a former deputy finance minister in charge of spending, to the central bank board, Bloomberg reported Tuesday 13 February.
Cyprus makes request to join eurozone, says EU
The European Commission has received an application from Cyprus to join the euro zone, spokeswoman Amelia Torres said Tuesday 13 February.
Bernanke in a democratic lion's den
According to this article from Dow Jones, published Tuesday 13 February, Federal Reserve chairman Ben Bernanke will hope not to become a snack this week when he walks into a Democratic lion's den.
Central bank independence and inflation: A note
This Federal Reserve Bank of Cleveland Working Paper documents increased central bank independence within the set of industrialized nations.
EU's Almunia says 'no problem' for exchange rates
Current exchange rates, mainly the value of the euro against the yen, pose no threat to the economy, the EU's Commissioner for Economic and Monetary Affairs Joaquin Almunia said in a magazine interview Tuesday 13 February.
Phil Fed's Survey of Professional Forecasters
The Federal Reserve Bank of Philadelphia published its First Quarter 2007 Survey of Professional Forecasters on 13 February. Two measures of core inflation in the U.S. economy will decelerate in 2007 and hold nearly steady over the following two years,…
St Louis Fed's Poole on state of the U.S. economy
In the speech 'State of the U.S. economy' given on 9 February William Poole of the Federal Reserve Bank of St. Louis warned that unexpectedly strong growth could spur the Fed to raise interest rates again.
Cb of China (Taiwan) to change name
The Central Bank of China (Taiwan) announced Saturday 10 February it has changed its English name as shown on its website in a move to avoid possible confusion with financial institutions in China.
Trichet warns markets on carry trades risk
European Central Bank president Jean-Claude Trichet warned markets this weekend at the G7 finance ministers and central bank governors meeting that one-way bets in currency markets posed risks.
PBOC's Zhou says inflation data being studied
People's Bank of China governor Zhou Xiaochuan told reporters Friday 9 February the central bank is studying inflation data carefully to see if the recent acceleration is due to real inflationary pressures or seasonal factors.
Buba's Weber says German growth trend 'intact'
Bundesbank president Axel Weber said Saturday 10 February at the meeting of G7 finance ministers and central bank governors the underlying growth trend in Germany remains intact and that the outlook for euro zone growth remains positive.
Sweden's Riksbank reports SEK 7.9bn profit
In its annual report presented to the Swedish parliament Monday 12 February, the Riksbank reported a profit of SEK 7.9 billion for 2006.
Dispute over Slovenia's new central bank governor
Slovenia's president Janez Drnovsek refused on Monday 12 February to withdraw his candidate for the new central bank governor, despite fierce opposition to the appointment from the ruling party, the Associated Press said.
RBNZ appoints John McDermott Head of Economics
Dr John McDermott has been appointed Head of Economics at the Reserve Bank of New Zealand, the RBNZ said Friday 9 February.