Economics
RBA's Stevens on finance and economic development
In the speech 'Finance and economic development' given on 12 December Glenn Stevens of the RBA said leveraged buyout activity could become a more prominent issue for the nation's financial system over the next five years.
BoE's Tucker on asset prices and uncertainties
In the speech 'Asset price and financial system uncertainties' given on 11 December Paul Tucker of the Bank of England said an interest rate rise in November was needed to ensure that inflation expectations remained well-anchored ahead of the January pay…
Villepin wants clarification of ECB role
French Prime Minister Dominique de Villepin called on Monday 12 December to "clarify the roles" of European Central Bank (ECB), amid talk regarding the recent high levels of the euro.
Israel's Fischer says rate cuts will be gradual
The governor of the Bank of Israel Stanley Fischer on Monday 11 December said he would reduce interest rates gradually because any "drastic" reduction would cause inflation to break the bank's target.
Poland's central bank chief named before Xmas
Polish minister Aleksander Szczyglo from the President's Office said Tuesday 12 December in a Polish radio report that the name of the new head of the central bank should be known by Christmas.
Murerwa denies fallout with Zimbabwe's Gono
Zimbabwe's finance minister dismissed rumours he is at odds with central bank governor Gideon Gono as the country's economic crisis deepens, reports said on Tuesday 12 December.
Two candidates for Slovenia's central bank chief
Two candidates have applied for the post of the governor of Banka Slovenije, Slovenia's central bank, President Janez Drnovsek's office told STA News.
BIS Quarterly Review, December 2006
The Bank for International Settlements published its December 2006 Quarterly Review on Monday 11 December. The report said financial markets appear to be confident about the outlook for global economic growth and expect a "soft landing" in the US.
Bank of England Quarterly Bulletin, Winter 2006
The Bank of England published its Quarterly Bulletin for Winter 2006 on Monday 11 December. The latest issue includes the article an article which examines the available data on immigration to the United Kingdom.
BoE to launch credit conditions survey
The Bank of England announced Monday 11 December it will launch a quarterly survey of credit conditions in the UK covering mortgage lending, unsecured lending to households and corporate lending.
Brian Lang retires from RBNZ
The Reserve Bank of New Zealand announced Monday 11 December that Brian Lang will be retiring from the Bank on 15 December. Lang joined the Bank in 1962 and has filled a wide range of senior positions.
Oman not ready for single currency
Oman has confirmed it will not be joining the GCC currency union by 2010. The move presents a big setback for the proposed Gulf single currency.
China to look positively on Paulson talks
China promised on Monday 11 December to respond positively to the US in talks this week but said its exchange rate is a matter of national sovereignty.
Bernanke may clash with democratic Congress
According to the article 'Bernanke may clash with democratic Congress on wages, inflation' from Bloomberg, published Thursday 7 December, Federal Reserve chairman Ben Bernanke may be heading for a showdown with congressional Democrats over warnings from…
SARB's Quarterly Bulletin, December 2006
The South African Reserve Bank published its December 2006 Quarterly Bulletin on 8 December. According to the latest Bulletin, higher South African exports and a fall in oil imports helped narrow the current account deficit in the third quarter.
PBOC not considering wider yuan/dollar band
The People's Bank of China is not currently considering a widening of the trading band for the yuan against the dollar, the head of the bank's research department said Friday 8 December.
Zimbabwe's Gono says he is unpaid
In reply to a question to Reserve Bank of Zimbabwe governor Gideon Gono on the New Zimbabwe.com web chat on Wednesday 6 December, Gono revealed he has not been paid since taking up the post at the central bank.
NBP's Balcerowicz against euro referendum
The head of Poland's central bank Leszek Balcerowicz told a seminar on Thursday 7 December that a referendum on Poland joining the eurozone is unnecessary.
Fischer on Israel's economy and its banking system
In the speech 'Israel's economy and the challenges facing its banking system' given on 23 November Stanley Fischer of the Bank of Israel said within the Bank of Israel the Supervisor faces the vital and difficult task of managing a large, complex…
Greece's Garganas on macroeconomic management
In the speech 'Macroeconomic management in an environment of aggregate supply shocks - lessons from recent experience' given on 25 November Nicholas Garganas of the Bank of Greece said central banks should not respond to negative supply shocks by…
T&T's Williams on investment strategies
In the speech 'Investment strategies in an uncertain world' given on 1 December Ewart Williams of the Central Bank of Trinidad and Tobago said since its inception in 1981 there has been little growth in the number of companies listed on the Trinidad and…
A deliberative independent central bank
This Working Paper from the National Bank of Austria develops a communication game that is applied to the question of central bank policy and independence.
Dallas Fed's Fisher on German economic decline
In the speech 'Is German economic decline exaggerated or inevitable?' given on 20 November Richard W. Fisher of the Federal Reserve Bank of Dallas said Germany has embarked upon what is certain to be a long and difficult journey to secure its future in a…
Gulf currency union may face delay
Plans by GCC member states to launch a single currency by 2010 face delays because some countries won't be able to make legal changes in time, the governor of the Central Bank of Kuwait said in an interview Tuesday 5 December.