Economics
Fed's Bies on the economic outlook
In the speech 'The economic outlook' given on 2 November Susan Bies of the Federal Reserve said steady but slow economic growth in the US should lead to more slack in the job market and allow a decline in worrisome inflation though that outcome is not…
Fed Reserve Bank of St Louis Review, Nov/Dec 2006
The latest edition of the St Louis Fed's Review for Nov/Dec 2006 includes the article 'Money and monetary policy for the twenty-first century.' This essay challenges the conventional wisdom about money and monetary policy.
Financial integration of new EU Member States
The ECB Working Paper "Financial integration of new EU Member States" assesses the degree of financial integration for a selected number of new EU member states between themselves and with the euro zone.
India's fast-evolving economy tests central bank
According to this article from Reuters, published Thursday 2 November, the Reserve Bank of India needs to know how close the economy is to overheating if it wants to keep the lid on inflation.
IMF's Leipold says France can do better
Despite a positive assessment of France's economic performance and policies, the country "needs to do better" the IMF said.
Controlling inflation is immediate goal for India
India's finance minister said on Friday 3 November controlling inflation expectations was the government's immediate goal and it would use all fiscal and monetary measures to bring down inflation towards 4 percent.
Fed's Fisher says main goal is inflation control
Federal Reserve Bank of Dallas President Richard Fisher said Thursday 2 November that keeping inflation in check is the central bank's primary goal.
Bank of Ghana - Annual Report 2005
According to the Bank of Ghana's Annual Report 2005, from an overall growth rate of 3.7 per cent in 2000, higher growth rates of 5.2 per cent and 5.8 per cent were achieved in 2003 and 2004 respectively.
Muto says BoJ monitoring corporate investment risk
Bank of Japan deputy governor Toshiro Muto told a parliamentary hearing on Thursday 2 November that the BoJ does not consider domestic corporate capital investment overheating now but will monitor it for upside risks to growth.
Can we bank on the Federal Reserve?
According to this article from the November 2006 edition of reason, Ben Bernanke, has big shoes to fill-and many possible hazards to sidestep. The article also contains interviews with several Fed watchers, including Milton Friedman, to assess the…
Fed's Bernanke on community development
In the speech 'Community development financial institutions: Promoting economic growth and opportunity' given on 1 November Ben Bernanke of the Federal Reserve said with the explosion of financial choices, consumers must continually sharpen their…
Norges Bank Inflation Report, November 2006
Norges Bank published its Third Inflation Report for November 2006 on Wednesday 1 November. Even after several years of robust growth in the domestic and global economy, underlying inflation remains low.
Statistics bureau head joins PBOC committee
China's State Council has appointed Xie Fuzhan, the director of the National Bureau of Statistics (NBS) as a member of the central bank's monetary policy committee, the official China Securities Journal reported Thursday 2 November.
Goshev on central banking in Macedonia
In the speech 'Central banking in Macedonia - a brief review of the first 60 years' given on 20 October Petar Goshev of the National Bank of the Republic of Macedonia said today the central bank is a successful and modern institution, with a satisfactory…
National Bank of Ukraine - Annual Report 2005
According to the National Bank of Ukraine's Annual Report 2005, the reduction in the real GDP growth almost to one-fourth in 2005 was determined primarily by considerable structural transformations in the economy, as well as by dampening of the…
Chicago's Moskow on education & economic growth
In the speech 'Can higher education foster economic growth?' given on 30 October Michael Moskow of the Federal Reserve Bank of Chicago said there may be benefits to universities taking a more direct role in economic development in the United States.
BoJ Outlook for economic activity & prices, Oct 06
The Bank of Japan published the English version of its October 2006 Outlook for economic activity and prices report on 1 November. In the report the BOJ kept to its stance that it will raise interest rates gradually, warning of the risk that very low…
How viable is a single Caribbean currency?
According to this article published on Friday 27 October by The Jamaica Observer, the call for a single Caribbean currency is once again in vogue and questions about the political will to implement it are being raised.
Saudi Arabia may bid to host GCC central bank
Saudi Arabia may join Bahrain and the United Arab Emirates in a bid to host the GCC's future central bank, Gulf News reported Tuesday 31 October.
Meirelles says Brazil must be tough on inflation
Brazil's central bank president Henrique Meirelles said in a newspaper interview on Wednesday 1 November that Brazil's constant vigilance against inflation in recent years was a key factor in helping President Luiz Inacio Lula da Silva get re-elected.
Turkey's Yilmaz says inflation target not changing
Durmus Yilmaz, head of the Central Bank of Turkey, told a press conference at the presentation of its 2006 inflation report Tuesday 31 October that changes to Turkey's inflation target could hurt the credibility of the central bank.
Bank of Italy to cut 20% of staff by 2013
The Bank of Italy announced Tuesday 31 October that it would cut staff by about one-fifth by 2013 and close 75 percent of the central bank's offices in Italy under a plan that was rejected by the bank's unions.
Jelasic on the NBS accomplishing its objectives
In the speech 'The National Bank of Serbia accomplishing its objectives' given on 10 October Radovan Jelasic of the National Bank of Serbia said the National Bank's activities, as well its efforts on its own transformation, have shown and proven that the…
Bank of Mongolia - Annual Report 2005
According to the Bank of Mongolia's Annual Report 2005, preliminary estimates put real economic growth in the reporting year at 6.2 percent.