Economics
Remsperger at the Monetary Stability Foundation
In welcome remarks to the Third conference of the Monetary Stability Foundation "Challenges to the financial system - ageing and low growth" given on 6 July Hermann Remsperger of the Bundesbank said the Foundation has now more or less completed its start…
Carstens on reshaping the IMF's role in the 21st C
In the speech 'Reshaping the IMF's role in the 21st century' given on 29 June Agustin Carstens of the IMF said the development of a medium-term strategy for the IMF has been a process rich in debate within and, more importantly, outside of the…
Serbia's Jelasic says banks want to fight NBS
In a recent interview, Radovan Jelasic, governor of the National Bank of Serbia (NBS), says he would be very happy if the NBS did not have to make so many monetary policy decisions, because they are very costly.
Russia and Belarus ready for single currency
The central banks of Belarus and Russia will be ready for the planned introduction of a single currency in 2008, Russia's central bank chief Sergey Ignatyev said in Belarus on Thursday 6 July.
Sao Tome central bank has new governor
The Central Bank of Sao Tome and Principe has a new governor, according to the macauhub website. Arlindo Carvalho, was reported to have taken office this week, and was quoted as saying he will give priority to increasing corporate confidence and…
National Bank of the Kyrgyz Rep - Annual Report 05
According to the National Bank of the Kyrgyz Republic's Annual Report 2005, despite the slowing down of the economy in 2005, the monetary policy of the National Bank enabled to ensure low inflation.
Fed Reserve Bank of St Louis Review, Jul/Aug 2006
The latest edition of the St Louis Fed's Review for Jul/Aug 2006 includes the article 'Is the United States bankrupt?' The paper offers three policies to eliminate the nation's enormous fiscal gap and avert bankruptcy.
Tumpel-Gugerell on European financial integration
In the speech 'European financial integration and the financial system' given on 6 July Gertrude Tumpel-Gugerell of the ECB said economic growth and prosperity was one of the main goals for the establishment of the European Union. The next hurdle is now…
Norges Bank Economic Bulletin, July 2006
Norges Bank published its July 2006 Economic Bulletin on Thursday 6 July. The latest Bulletin includes: "Review of the ECB's strategy and alternative approaches," a speech by Jan Qvigstad, Chief Economist, Norges Bank and "Norges Bank's management of…
Europe suffers worrying wave of financial chaos
According to this article published Wednesday 5 July by Bloomberg, Europe is increasingly encircled by financial woes. Emerging markets are being hit by a wave of selling, sending currencies falling and interest rates jumping.
Kohn with reflections on globalization & policies
In the speech 'Reflections on globalization and policies' given on 6 July Donald Kohn of the Federal Reserve said he was aware of the risk of raising rates more than necessary but saw a need for higher global interest rates to maintain stability.
Interview with Central Bank of Russia's deputy
In an interview published on Thursday 6 July, Central Bank of Russia deputy chairman Konstantin Korishchenko told Prime-Tass Russia's inflation rate is increasingly dependent on international capital flows.
Bank of Korea - Annual Report 2005
According to the Bank of Korea's Annual Report 2005, over the course of 2005, the Korean economy grew by 4.0 percent as the export growth rate slowed down owing to a base-period effect.
RBNZ issues Statement of Intent
The Reserve Bank of New Zealand released its Statement of Intent (SOI) for 2006-2009 on Wednesday 5 July. The SOI recognises increasing demands on the Bank's policy outputs in a changing economic environment.
RBNZ releases Explaining Currency booklet
The Reserve Bank of New Zealand on Monday 3 July released a third edition of its popular Explaining Currency booklet. The booklet takes readers through the history of New Zealand's currency, describes the banknote and coin designs, and how banknotes and…
RBZ's Gono sees 'dramatic' economic recovery
Zimbabwe's struggling economy is set for a "dramatic" recovery in the next two to three years on the back of expected growth in mining and commercial farming, central bank governor Gideon Gono said in an interview with Reuters on Wednesday 5 July.
Soccer star Kewell could transfer to RBA
A recent poll of business leaders and economists, reported by The Age, shows that Reserve Bank of Australia deputy governor Glenn Stevens is the most preferred candidate to succeed governor Ian Macfarlane.
Myanmar moves central bank headquarters
The Central Bank of Myanmar on 5 June moved its headquarters to Naypyidaw, the new administrative capital, The Myanmar Times reported.
Turkish PM says central bank fulfilling duties
Turkish Prime Minister Recep Tayyip Erdogan indicated in a speech that Turkey's central bank was fulfilling its tasks.
Richmond Fed's Economic Quarterly, Spring 2006
The Federal Reserve Bank of Richmond has published its Economic Quarterly for Spring 2006. The latest issue includes the article 'Implementation of optimal monetary policy'.
St Louis Fed's Regional Economist, July 2006
The Regional Economist, July 2006 edition, from the St Louis Fed includes the article "Inflation's economic cost: How large? How certain?" Central bankers believe that low inflation and long-term economic growth go hand in hand. The evidence about the…
Mboweni on the outlook for South Africa's economy
In the speech 'The outlook for the South African Economy in a period of uncertainty' given on 27 June Tito Mboweni of the South Africa Reserve Bank said that despite the recent turbulence in international markets, the SARB is of the view that growth…
Former SARB deputy governor to advise Mboweni
The Reserve Bank of South Africa said Monday 3 July that governor Tito Mboweni has appointed former deputy governor Xolile Guma as his special adviser.
Sri Lanka's new governor to protect independence
Sri Lanka's newly appointed central bank governor said on Monday 3 July that he will promote the independence of the institution, which has come under fire in recent years.