Economics
Central Bank of Barbados - Annual Report 2005
According to the Central Bank of Barbados' Annual Report 2005, strengthened mainly by significant increases in the non-traded sectors, especially construction, real GDP is estimated to have grown for the fourth consecutive year, rising by 3.8% in 2005.
Bank of Mauritius - Annual Report 2005-2006
According to the Bank of Mauritius' Annual Report 2005-2006, the economic performance during fiscal year 2005-06 was characterized by a real GDP growth of 3.5 per cent, and an increase in the budget deficit as a proportion of GDP to 5.3 per cent.
Bank of Greece - Annual Report 2005
According to the Bank of Greece's Annual Report 2005, despite the slowdown in the GDP growth rate in 2005, the performance of the Greek economy in 2005 is considered satisfactory.
What explains the US net income balance?
Despite a significant deterioration in the US net foreign asset position, there has not been a corresponding deterioration in the net income balance. In fact, there has generally been a net income surplus, according to this IMF Working Paper published…
Trichet 'inflexibly attached' to ECB independence
European Central Bank president Jean-Claude Trichet, told reporters Thursday 8 February he is 'inflexibly attached' to implementing EU Treaty provisions that protect the central bank's independence from political meddling.
Atlanta Fed names Lockhart as new president
The Federal Reserve Bank of Atlanta announced Thursday 8 February that it has picked Dennis Lockhart, a 17-year veteran of Citigroup and now a professor of international business at Georgetown University as its new president.
Bies to leave Fed at end of March
Susan Bies announced Friday 9 February that she will leave the Board of Governors of the Federal Reserve at the end of March.
Burundi's central bank chief moves to v president
Burundi's parliament on Friday 9 February transferred central bank governor Gabriel Ntisezerana to the post of second vice president after his predecessor was sacked in a dispute.
Philadelphia's Plosser on the economic outlook
In the speech 'The economic outlook: Prospects for 2007' given on 7 February Charles Plosser of the Federal Reserve Bank of Philadelphia said the central bank may need to raise its benchmark interest rate as recent stronger economic growth increases the…
Chicago Fed Letter, March 2007
The article "Globalization and the benefits of trade" published in the Federal Reserve Bank of Chicago's Letter, March 2007, examines the benefits and costs to the U.S. and other countries of globalization.
T&T's Williams on the Financial Literacy Programme
In the speech 'National Financial Literacy Programme in Trinidad and Tobago' given on 31 January Ewart Williams of the Central Bank of Trinidad and Tobago said a programme of the scope envisaged will require considerable funding.
Cayman Islands Monetary Authority - Ann Rep 05-06
According to the Cayman Islands Monetary Authority's Annual Report 2005-2006, the CIMA's core business of licensing and supervision continues to grow.
Brazil's fin min says central bank chief staying
Brazil's central bank president Henrique Meirelles will remain in the job even though he has been criticised by some members of the government for his conservative stance, finance minister Guido Mantega told reporters on Wednesday 7 February.
NCA suggests RBZ's Gono skips border and quits
Zimbabwe's National Consultative Assembly (NCA) criticised the monetary policy of the Reserve Bank of Zimbabwe as a total failure in a statement released Thursday 8 February.
Chavez to implement anti-inflation plan
Venezuela's president Hugo Chavez' Government is preparing a plan to fight inflation, to prevent it from exceeding 12 percent this year, according to minister of finance Rodrigo Cabezas.
BNM's Zeti on the Strategic Partnership
In a speech at the launch of Strategic Partnership between Credit Guarantee Corporation Berhad and the Islamic Financial Institutions given on 6 February Zeti Akhtar Aziz of the Bank Negara Malaysia said a key national agenda of the Government is to…
Canada's Longworth on promoting stability
In the speech 'Promoting stability, confidence and well-being' given on 6 February David Longworth of the Bank of Canada said Canada's financial system was well placed to withstand shocks like an abrupt slowdown in the United States.
Fed's Bernanke on economic well-being
In the speech 'The level and distribution of economic well-being' given on 6 February Ben Bernanke of the Federal Reserve said education, not protectionism, is the best weapon in the fight against rising income-inequality.
PBOC closely monitoring inflation pressure
Inflation pressure is building up from rising consumer prices in China and requires the attention of all branches of the People's Bank of China (PBoC), the central bank-backed Financial News reported Wednesday 7 February, citing PBoC vice governor Xiang…
Fed's Moskow says Chicago lagging US on growth
A top Fed official said Tuesday 6 February in a speech that Chicago lags behind the rest of the US, making it imperative for city officials to pursue more adaptable policies.
Yuan rise not response to US pressure, says Fan
Fan Gang, the only non-government representative on the People's Bank of China's monetary policy committee, said in an online interview on Sina.com that recent yuan strength is not a response to US pressure.
Fischer trips to raise support for Israel to OECD
Bank of Israel governor Stanley Fischer is travelling to Germany and Japan this week to increase support for Israel's bid to join the Organization for Economic Cooperation and Development as a full member, the central bank said.
ECB seeks to preserve its independence
This article from the Associated Press, published Tuesday 6 February, looks at the debate over whether countries that use the euro should have an influence on its decision-making process.
IMF's Lipsky on emerging market economies
In the speech 'Developing deeper capital markets in emerging market economies' given on 2 February John Lipsky of the IMF said well-functioning local capital markets make a vital contribution to the efficiency and stability of global financial…