Economics
Bank of Botswana - Annual Report 2005
According to the Bank of Botswana's Annual Report 2005, inflation maintained a downward trend during the first half of 2005 until May, as the impact of the 7.5 percent devaluation in February 2004 fell out of the inflation calculation; however, it rose…
ECCB - Annual Report 2005-2006
According to the Eastern Caribbean Central Bank's Annual Report 2005-2006, while the level of inflation in the currency union remained relatively low in 2005, the rate at 4.0 per cent was up from the 2.6 per cent in 2004.
Capital flows to Central and Eastern Europe
This IMF Working Paper examines the evolution of the net external asset positions of Central and Eastern Europe (CEEC) countries over the past decade, with a strong emphasis on the composition of their international balance sheets.
Oil and growth in the Republic of Congo
This IMF Working Paper investigates the linkages between oil and growth in Congo, where there appears to be no evidence of direct spillover effects.
BoE's Bean says rate move was no surprise
The inflation rate two or more years in the future matters more than the current rate for setting monetary policy, Bank of England Chief Economist Charles Bean was quoted as saying on Wednesday 16 August.
PBOC should raise rates again, says economist
A well-known Chinese economist was quoted by Xinhua News as calling for another interest rate hike as the economy pushed ahead at the fastest pace in a decade.
Central Bank of Aruba - Annual Report 2005
According to the Central Bank of Aruba's Annual Report 2005, the Aruban economy expanded for the third consecutive year in 2005, albeit at a slower pace than in the previous year.
Bank of Japan Monthly Report, August 2006
The Bank of Japan published the English version of its August 2006 monthly report on Tuesday 15 August. In the report the BOJ maintained its upbeat assessment of the nation's economy, citing brisk capital investment and a pickup in private consumption.
Lucas critique & the stability of empirical models
This Federal Reserve Bank of Richmond Working Paper, published 14 August, re-considers the empirical relevance of the Lucas critique using a DSGE sticky price model in which a weak central bank response to inflation generates equilibrium indeterminacy.
Draghi hauls tarnished central bank into a new era
According to this article published Sunday 13 August by the Financial Times, Mario Draghi's goals at the Bank of Italy will be more openness, accountability and efficiency.
Central Bank of Belize - Annual Report 2005
According to the Central Bank of Belize's Annual Report 2005, GDP grew by 3.1% in 2005 as the policy environment tightened somewhat in an effort to reduce pressure on the international reserves.
African central bank governors meet in Namibia
Central bank governors from across Africa have converged on Windhoek to participate in the Assembly of African Central Bank Governors (AACB) conference taking place this week.
Bermuda Monetary Authority - Annual Report 2005
According to the Bermuda Monetary Authority's Annual Report 2005, during 2005, the Authority continued to maintain effective and proactive supervision of Bermuda's regulated financial sectors.
World Bank sees China economy slowing
The World Bank said on Tuesday 15 August that China's economy is likely to slow slightly over the rest of the year and Beijing will probably wait to see the impact of current tightening steps before deciding if more are needed.
War will slow growth says Israel's Fischer
Bank of Israel Governor Stanley Fischer said in an interview that war with Hizbullah will cut the nation's economic growth rate by 1 percentage point this year.
Bank of Albania - Annual Report 2005
According to the Bank of Albania's Annual Report 2005, the Albanian economy entered 2005 as part of an ongoing macroeconomic consolidation process.
San Francisco Fed's Economic Letter
The Federal Reserve Bank of San Francisco's Economic Letter "Would an inflation target help anchor U.S. inflation expectations?" published Friday 11 August says countries with explicit inflation targets have done a better job at anchoring inflation…
South African Reserve Bank - Annual Report 2006
According to the South African Reserve Bank's Annual Report 2006, despite a growing current-account deficit, capital inflows enabled the Bank to further increase its levels of official foreign reserves.
Fed chief wants to improve communication
According to this article from the Associated press, published Sunday 13 August, Federal Reserve chairman Ben Bernanke wants to improve the central bank's communication, but it's not clear how he wants to do it.
Report says US considering inflation gauge change
The US Bureau of Labor Statistics is contemplating a change in the consumer price index that may have an impact on how markets and policymakers interpret inflation data, the Wall Street Journal reported on Monday 14 August, citing a government official.
Phil Fed's Survey of Professional Forecasters
The Federal Reserve Bank of Philadelphia published its Third Quarter 2006 Survey of Professional Forecasters on 14 August. Growth in U.S. real output over the near term looks a bit slower and inflation a bit higher than they did just three months ago,…
France's Breton says sharp ECB hikes not needed
France's Finance Minister Thierry Breton said in an interview there is no need for the European Central Bank to continue raising interest rates much above the current 3.0 pct level.
New PBOC adviser says 5% yuan gain okay
It would be acceptable to China for the yuan to appreciate by about 5% a year in the coming two years, a member of the People's Bank of China monetary policy committee, Fan Gang, said in an article published in Monday's 21st Century Business Herald.
Bank of Uganda - Annual Report 2004-2005
According to the Bank of Uganda's Annual Report 2004-2005, annual underlying inflation averaged 4.7 percent over the year 2004/05, well within the government's 5.0 percent target.