Economics

Noyer on central bank dilemmas under uncertainty

In the speech 'Central bankers' dilemmas under uncertainty' given on 5 June Christian Noyer of the Bank of France said a rule will sometimes ignore information that may be relevant for predicting future risks to price stability.

IMF paper on U.S. inflation dynamics

The IMF Working Paper "U.S. inflation dynamics: What drives them over different frequencies?" aims to improve the understanding of U.S. inflation dynamics by separating out structural from cyclical effects using frequency domain techniques.

Comment: Left out in the cold

While Slovenia celebrates its imminent entry to the eurozone, the Baltic aspirants can feel more than a little peeved by Brussels' handling of their efforts to join the club.

Bank of Lithuania - Annual Report 2005

According to the Bank of Lithuania's Annual Report 2005, after a short slackening at the beginning of 2005, the annual growth rate of real consumption expenditure gained momentum peaking at the end of the year.

SARB's Guma on the SA economy

In a speech given on 4 July X.P. Guma of the South African Reserve Bank said continued brisk expansion in final consumption expenditure by households has been underpinned by a steady increase in household disposable income.

Comment: Is the Fed's message getting clearer?

The chairman of the US Federal Reserve, Ben Bernanke, has received much criticism for allegedly failing to explain the Fed's view to markets clearly. Are there signs that after a shaky start, Bernanke is starting to get his message across more clearly?

Crisis prevention in emerging markets

In the run up to the IMF-World Bank Annual Meetings in September 2006, the IMF and the Singapore Government have organized a high-level seminar on Crisis Prevention in Emerging Market Economies on July 10-11, 2006 in Singapore.

Review of the Asian Bond Fund 2 Initiative

The Bank of Japan has announced that the EMEAP (Executives' Meeting of East Asia-Pacific Central Banks) Working Group on Financial Markets has released a report titled "Review of the Asian Bond Fund 2 Initiative."

Caruana on the Spanish economy in 2005

In the speech 'Overview of the Spanish economy in 2005' given on 15 June Jaime Caruana of the Bank of Spain said throughout last year and in early 2006, the expansionary cycle of the Spanish economy continued and intensified.

Bank of Latvia - Annual Report 2005

According to the Bank of Latvia's Annual Report 2005, Latvia remained the EU Member State reporting the highest GDP growth in 2005, which was supported by domestic demand and rapidly expanding exports.

Buba's Weber on challenges to the financial system

In the speech 'Challenges to the financial system - ageing and low growth' given on 6 July Axel Weber of the Bundesbank said while the world economy continues to see strong growth, the euro area's economic upswing remains by comparison rather sluggish.

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