Economics
Fed's Kohn on the economic outlook
In the speech 'Economic outlook' given on 13 April Donald Kohn of the Federal Reserve said the U.S. central bank was focused on keeping inflation curbed though he anticipates the pace of economic growth will ease in coming months.
Transparency, expectations, and forecasts
Since 1994 the Federal Open Market Committee has increased the transparency about its economic outlook. This paper from the Federal Reserve Bank of Atlanta investigates whether this transparency has helped private agents improve their economic forecasts.
Fed comments and data point to one more increase
According to this article published on Tuesday 18 April, recent comments from Federal Reserve officials and the latest economic data continue to suggest that the cycle of US interest rate increases will come to an end next month.
Italy's Prodi may pick Padoa-Schioppa on economy
Italy's centre-left leader Romano Prodi is expected to pick former European Central Bank board member Tommaso Padoa-Schioppa as economy minister, if Prodi succeeds in forming a government, said La Stampa Saturday in an unsourced report.
ECB to advise GCC states
The European Central Bank will advise Gulf states on their plans for possible monetary union a spokesman for the ECB was quoted by AFX as saying on Tuesday 18 April.
Turkey names new central bank governor
Turkish President Ahmet Necdet Sezer approved the government's nominee for central bank governor on Tuesday 18 April after rejecting an earlier candidate, Economy minister Ali Babacan announced.
ECB's Issing sees overheating risks
Eurozone housing markets are at risk of overheating and strong money and credit growth is a danger to price stability, European Central Bank chief economist Otmar Issing said in a newspaper interview.
Comment: New governor for CBRT
The appointment of Durmus Yilmaz as governor of the Central Bank of the Republic of Turkey brings to an end weeks of turmoil as the government struggled to find a successor to the inflation-busting Sureyya Serdengecti.
European Parliament backs Stark nomination for ECB
European Central Bank nominee Juergen Stark said on Tuesday 18 April that the euro zone central bank needs to show ``great vigilance'' in curbing inflation.
Stone on the national & regional economic outlook
In the speech 'National and regional economic outlook' given on 6 April William Stone of the Federal Reserve Bank of Philadelphia said the Federal Reserve must remain vigilant on inflation, but for now incoming data can guide future policy moves.
Dallas Fed's Fisher on global competition
In the speech 'Racing to the top: How global competition disciplines public policy' given on 11 April Richard Fisher of the Federal Reserve Bank of Dallas said globalization has helped to cut U.S. inflation, but has not helped governments to control…
Philippines doesn't rule out rate hikes
The Philippines central bank isn't ready to stop increasing interest rates even though inflation has started to show an encouraging moderation, a central bank official told Dow Jones Newswires in an interview published on Wednesday 12 April.
Bank of Japan Monthly Report, April 2006
The Bank of Japan published the English version of its April 2006 monthly report on Thursday 13 April. In the report the BOJ left its positive assessment of the nation's economy unchanged, citing rising production and exports as well as a pickup in…
Bank of Guyana - Annual Report 2004
According to the Bank of Guyana's Annual Report 2004, Real Gross Domestic Product (GDP) rebounded in 2004 with a growth of 1.6 percent after remaining relatively flat at the end of 2003.
Nijathaworn with some thoughts on IMF reform
In the speech 'Some thoughts on IMF reform on crisis prevention and crisis resolution' given on 28 February Bandid Nijathaworn of the Bank of Thailand said the challenge to IMF reform on crisis prevention and crisis resolution has many dimensions.
Danmarks Nationalbank in international comparison
The Danmarks Nationalbank Working Paper "Danmarks Nationalbank's operating costs and number of employees in an international comparison" benchmarks Danmarks Nationalbank against a number of other central banks with respect to operating costs and the…
ECB Monthly Bulletin, April 2006
The European Central Bank published its April 2006 Monthly Bulletin on Wednesday 12 April. In the report the ECB said euro zone countries with excessive fiscal deficits - such as Germany, France and Italy - need to cut public spending.
Fed policy makers behind closed doors
This article published on Wednesday 12 April looks at the recently published transcripts of minutes from the FOMC meetings in 2000. Behind the scenes, our central bankers and their advisers let their hair down a bit, it says.
Central bank on the rampage
According to this article on the Bank of Israel, corruption, concealment and deception have permeated an institution that is supposed to serve as a beacon of justice and ethics.
Greenspan says global imbalances can improve
Former Federal Reserve chief Alan Greenspan told a conference on Wednesday 12 April that global economic imbalances could improve if high-growth economies allowed their currencies to strengthen.
Forecasts pivotal given lags says Fed's Stern
Minneapolis Fed President Gary Stern said on Tuesday 11 April that economic forecasts are vital to the Federal Reserve's decision making because of the delay between policy moves and their economic impact.
BoJ's Fukui watching long-term rates closely
Bank of Japan governor Toshihiko Fukui voiced concern over rising long-term interest rates on Wednesday 12 April as data showed further evidence of a solid economic recovery.
Reserve Bank of India - Annual Report 2004 - 2005
According to the Reserve Bank of India's Annual Report 2004-2005, India's macroeconomic performance in 2004-05 was heartening in the face of threats to growth from an unsatisfactory monsoon and upside risks to stability from high and volatile…
Who directs the Federal Reserve Banks?
The Financial Markets Center's tenth annual analysis of Reserve Bank boards of directors, published Monday 10 April, shows that turnover has increased since 2005 while representation of labour and consumer interests remains modest.