Economics
Bernanke to deliver MIT's commencement address
Federal Reserve chairman Ben Bernanke will deliver the main commencement address at the Massachusetts Institute of Technology on 9 June.
Federal Reserve Bank of Atlanta - Annual Report 05
According to the Federal Reserve Bank of Atlanta's Annual Report 2005, the 2005 hurricane season made an indelible mark on the Southeast.
Chicago Fed National Activity Index, April 2006
The Chicago Fed National Activity Index for April 2006, published 18 May, was +0.38 in April, up slightly from +0.35 in March.
Fisher on globalization's impact on U.S. growth
In the speech 'Globalization's impact on U.S. growth and inflation' given on 22 May Richard Fisher of the Federal Reserve Bank of Dallas said Washington policymakers don't understand how globalization has changed the world economy.
Fed's Olson on compliance risk management
In the speech 'Compliance risk management in a diversified environment' given on 16 May Mark Olson of the Federal Reserve said the Fed is pleased that large banks are creating senior positions to oversee whether institutions are in step with regulations…
Fed's Kroszner on innovative statistics
In the speech 'Innovative statistics for a dynamic economy' given on 24 May Randall Kroszner of the Federal Reserve said that Congress should spend money and seek new approaches to bring U.S. economic statistics into the new century.
SF Fed paper on the bond yield 'conundrum'
The Federal Reserve Bank of San Francisco Working Paper "The bond yield 'conundrum' from a macro-finance perspective," published May 2006, documents the extent and timing of the bond yield conundrum using two empirical no-arbitrage macro-finance models…
MAS says common Asian currency unlikely soon
A top official from the Monetary Authority of Singapore has said that the establishment of a common Asian currency is unlikely to be realised in the near term.
Comment: Volatility returns
Before recovering somewhat this week, stock markets around the world from Bombay to New York to Sydney to Moscow took a beating last week and on Monday. Here is a quick look at some recent arguments on what this means for central bankers.
Bush has 'total confidence' in Bernanke
President George W. Bush has "total confidence" in Federal Reserve chief Ben Bernanke, a top White House adviser said in an interview on Thursday 25 May.
Central Bank of Aruba - Annual Report 2004
According to the Central Bank of Aruba's Annual Report 2004, the recovery of the world economy had a positive influence on the Aruban economic performance.
Chicago's Moskow on bank structure and competition
In welcoming remarks for the 42nd annual conference on bank structure and competition given on 18 May Michael Moskow of the Federal Reserve Bank of Chicago said products such as adjustable rate and no-money-down mortgages have helped boost U.S…
Philadelphia Fed Business Outlook Survey, May 2006
According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, May 2006, business activity increased slightly. However, indicators for new orders, shipments, and employment were down from their readings in April.
Central Bank of Sri Lanka - Annual Report 2005
According to the Central Bank of Sri Lanka's Annual Report 2005, Sri Lanka's economy demonstrated its resilience once again in 2005 by growing at a rate of 6 per cent, exceeding expectations in the immediate aftermath of the tsunami disaster of 2004.
Fisher on the Trustees of America's potential
In a speech 'To the Trustees of America's economic potential' given on 20 May Richard Fisher of the Federal Reserve Bank of Dallas told students that they are living "in a world undergoing dramatic change."
Stark appointed to ECB, Zeitler joins Buba
Jurgen Stark, vice-president of the Bundesbank, has been formally appointed to the European Central Bank's executive board, European Union officials announced Tuesday 23 May, according to the FT.
Comment: The BoE's 'brain on the plane'
David Blanchflower came out fighting Wednesday 24 May in an assured performance before the Treasury Select Committee. The appointment of the US-based academic to the Bank of England's Monetary Policy Committee has been controversial, but he maintains…
IMF's Rato says global rate rises healthy
Increases in global interest rates are healthy and policy makers and central banks need to keep a watchful eye on inflation, the head of the International Monetary Fund said in an interview with Reuters on Wednesday 24 May.
Reuters signs Philippines to Kondor risk software
The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has contracted with Reuters for the supply and implementation of the vendor's Kondor risk management technology.
Deutsche Bundesbank Monthly Report, April 2006
The Deutsche Bundesbank published the English version of its April 2006 Monthly Report on 22 May. The report said booming exports are expected to continue to drive Germany's economic improvement.
Central Bank of Armenia - Annual Report 2004
According to the Central Bank of Armenia's Annual Report 2004, during 2004, key macroeconomic indicators, such as components of aggregate supply and demand, deviated considerably from projected levels.
OECD Economic Outlook, May 2006
The Organisation for Economic Co-operation and Development published its Economic Outlook report for May 2006 on 23 May. In the report the OECD said the European Central Bank should only raise interest rates gradually, once there is clear evidence that…
Bank of Japan Monthly Report, May 2006
The Bank of Japan published the English version of its May 2006 monthly report on Tuesday 23 May. In the report the BOJ left its economic assessment unchanged, but reiterated that the economy is recovering steadily.
ECB's Issing on globalisation, emu and the euro
In the speech "Globalisation, emu and the euro" given on 22 May Otmar Issing of the ECB said reductions in fiscal deficits by eurozone countries actually boost growth in those economies, rather than weighing on economic activity.