Economics
Illogical rules make Slovenians feel second-class
This article from the Financial Times, published Wednesday 6 December, asks whether Slovenia will be a second-class member of the eurozone with restrictions on the movement of labour from the small state.
IMF's Rajan on a global shortage of fixed assets
In the speech 'Is there a global shortage of fixed assets?' given on 1 December Raghuram Rajan of the IMF said investment does seem to be picking up steadily.
BoJ's Nishimura concerned over slow consumption
Bank of Japan board member Kiyohiko Nishimura said in a speech on Wednesday 6 December further interest rate hikes by the BoJ are expected to be "gradual" as far as inflation expectations remain low, adding he is "greatly concerned" about slow domestic…
Fed's Fisher:The extended importance of the euro
In the speech 'The extended importance of the euro' given on 17 November Richard Fisher of the Federal Reserve Bank of Dallas said challenges remain for the euro area.
SARB's Guma on investing in Africa
In the speech 'Investing in Africa' given on 28 November X P Guma of the South African Reserve Bank said central bankers, and many who work in central banks often hear: they do not always listen.
BoT's Watanagase on inflation targeting
In the speech 'Inflation targeting - a reflection on Thailand's experience' given on 13 November Tarisa Watanagase of the Bank of Thailand said despite all the good things inflation targeting has brought us, it is not a panacea.
'Irrational exuberance' may now be more rational
According to this article from Bloomberg, published Tuesday 5 December, ten years after Alan Greenspan's "irrational exuberance" statement, share prices are rising again, but this time it might be more rational.
China plans RMB option market launch - report
The Chinese government plans to launch an option market for its currency, the Renminbi (RMB), to help its banks avoid risks incurred by the partial flotation of exchange rates according to the Beijing News.
RBZ chief out of presidential race
Zimbabwe's central bank governor has ruled himself out of the race to succeed President Robert Mugabe in a web chat with New Zimbabwe.com.
Bernanke programmes dilute Greenspan's intuition
According to this article published by Bloomberg on Monday 4 December, a small team of Federal Reserve staff is testing a new "factor model'' programme that does the work of hundreds of economists.
Weak data won't deter rate rise - BoJ's Mizuno
Bank of Japan policy board member Atsushi Mizuno said in a speech Tuesday 5 December that the central bank can raise its key short-term interest rate despite recent weak economic data.
Chicago Fed's Moskow says US economy 'solid'
Federal Reserve Bank of Chicago President Michael Moskow said in an interview Monday 4 December that the U.S. economy is still "solid" and poised to approach 3 percent growth next year.
ECB issues warning to euro hopefuls
Some of the new members of the European Union lining up to adopt the euro will likely have to wait until the end of the decade, the European Central Bank said Tuesday 5 December.
Third Eurosystem & L American CB meeting
The monetary and financial challenges for central banks associated with the ongoing process of globalisation were the main focus of the discussions held in the Third High-Level Seminar of the Eurosystem and Latin American Central Banks in Madrid Monday 4…
IMF paper on goal-independent central banks
The IMF Working Paper "Goal-independent central banks: Why politicians decide to delegate" develops a model which explains why the expected negative relationship between central bank independence and inflation is not empirically robust.
BoT tries to slow strengthening baht
The Bank of Thailand has asked financial institutions in Thailand to halt short-term capital inflows in an attempt to stop speculation in the Thai currency, which is trading at a nine-year high.
Former central bank governor Buenaventura dies
This article published Friday 1 December by the Philippines Daily Inquirer reports the death of former governor of the Philippines central bank Rafael Buenaventura.
Poland's fin min tipped as central bank governor
Poland's finance minister Zyta Gilowska is a near-certainty for the National Bank of Poland (NBP) governorship, daily Parkiet wrote Monday 4 December, citing unspecified sources.
SA's Mboweni unconcerned about rand
The governor of the South African Reserve Bank, Tito Mboweni, is unperturbed by the level of the rand, but remains worried about rising debt levels and rampant consumer spending.
Excellent investment prospects in SADC - Guma
The deputy governor of the South African Reserve Bank, X.P. Guma, said in this speech that the investment prospects for South African Development Community (SADC) countries have never been rosier.
Trichet: lessons for EU financial integration
Jean-Claude Trichet, president of the ECB, set out some of the key lessons for greater financial integration among EU economies in a recent speech.
Bahrain launches money market forum
The Central Bank of Bahrain (CBB) has established a money market forum to provide a platform for discussion on market development and structural issues in the Bahraini Dinar money markets.
BoE's King cool on soaraway sterling
Mervyn King, governor of the Bank of England, seemed unperturbed by the recent surge in the value of the pound relative to the dollar.
Goldmans' Dudley is Fed's new markets man
The New York Federal Reserve named William Dudley, an advisory director at Goldman Sachs, as an executive vice-president and the new head of its markets group.