Economics
Kroszner on geographic restrictions on banking
In the speech 'The effect of removing geographic restrictions on banking in the United States: Lessons for Europe' given on 6 April Randall Kroszner of the Federal Reserve said the U.S. experience with the change in its banking structure holds…
'Dissolving' Fed secrecy
According to this article published on Wednesday 5 April, in 2000, when Wall Street's bubble burst, Federal Reserve Chairman Alan Greenspan and other Fed officials revealed in their meetings plenty of concern about just where things might be headed.
Rato on the IMF and global imbalances
In the speech 'How the IMF can help promote a collaborative solution to global imbalances' given on 4 April Rodrigo de Rato of the IMF proposed a multilateral forum where developing and industrialized nations can address ways to rebalance the global…
Bank Indonesia - Annual Report 2004
According to Bank Indonesia's Annual Report 2004, the year 2004 witnessed the Indonesian economy's continued momentum of solid expansion, even surpassing the forecast at the beginning of year.
RBNZ report on supplementary tools
The Reserve Bank of New Zealand and the Treasury on Thursday 6 April released a joint report on possible additional instruments to supplement the role of interest rates in managing demand pressures and inflation.
Dispute over Bundesbank board plans - report
A dispute has arisen between the German government and the governments of the individual German states over plans to reduce the management board of Deutsche Bundesbank, the German central bank, Die Welt reported.
Korea to get 3 new BOK board members
With new Bank of Korea Governor Lee Seong-tae showing himself to be somewhat more hawkish than his predecessor, this article published Thursday 6 April says that the focus has now shifted to three other appointments to be announced to the policy-making…
Central Bank of Iran - Annual Report 2004/05
According to the Central Bank of Iran's Annual Report 2004-2005, the Iranian economy kept its growth trend with a milder pace in the last year of the 3rd Plan.
Tetangco on transparency and communication
In the speech 'Transparency and communication in central banking' given on 17 March Amando Tetangco of the Central Bank of the Philippines said we at the BSP recognize that central banking and in particular, inflation targeting, is a public trust, much…
Fed's Bernanke on financial education
In the speech 'Financial education and the National Jump$tart Coalition Survey' given on 5 April Ben Bernanke of the Federal Reserve said financial literacy for both the young and old is a topic of vital importance to the nation's economic future.
Richmond Fed's Lacker on the economic outlook
In the speech 'The economic outlook' given on 4 April Jeffrey Lacker of the Federal Reserve Bank of Richmond said the U.S. economy looks set for healthy gross domestic product growth of about 3.5 percent in 2006, despite some cooling in the housing…
Will India free the rupee?
According to this article published Tuesday 4 April, full convertibility of the rupee should give companies more access to foreign debt markets, cut delays in foreign exchange trades, and enhance foreign investor access to India's banks and debt market.
Central banks differ on RBI / MAS pact
The Reserve Bank of India and the Monetary Authority of Singapore have differences on many issues relating to the India-Singapore Comprehensive Economic Co-operation Agreement, the Business Standard newspaper reported Wednesday 5 April.
PBOC official says China not pursuing reserve rise
China is not deliberately pursuing expansion of its foreign exchange reserves or any particular level of reserves, a vice head of the central bank said in comments published on Wednesday 5 April.
Acting deputy governor appointed in Turkey
The Turkish government has appointed Cigdem Kose, general director of the central bank's markets department, as acting deputy governor after a vice governor retired, the bank said.
Feds Hoenig says 'close to where we need to be'
Interest rates are very close to appropriate levels after 15 straight meetings with quarter-point rate hikes, said Thomas Hoenig, the Kansas City Fed president.
Bank of Israel - Annual Report 2005
According to the Bank of Israel's Annual Report 2005, growth in GDP was 5.2 percent this year and was led by the business sector which grew by 6.6 percent.
Kenya: Inside the central bank
This article published Sunday 2 April says that the fact that central bank governors always find themselves in trouble with the establishment is not surprising, not when one considers the enormous powers bestowed on the office.
Interview with Afghanistan's Delawari
According to an interview with Central Bank of Afghanistan governor Noorullah Delawari, published Saturday 1 April, security risks in the country are a major obstacle to investment outside of aid plans.
Which model for the central bank?
According to this article published Monday 3 April, the question of which model the State Bank of Vietnam should adopt is being raised again.
Central Bank of Jordan - Annual Report 2004
According to the Central Bank of Jordan's Annual Report 2004, the Jordanian economy achieved a remarkable performance in 2004, which has not been witnessed since 1992.
Tumpel-Gugerell on Central Counterparty Clearing
In the speech 'Issues related to Central Counterparty Clearing' given on 3 April Gertrude Tumpel-Gugerell of the ECB said the ECB's track record of containing inflation means that it does not have to hike interest rates aggressively when new inflation…
Poole on the role of Federal Reserve Banks
In the speech 'The role of Federal Reserve Banks in the Federal Reserve System' given on 30 March William Poole of the Federal Reserve Bank of St. Louis said as for the FOMC meetings themselves, the mystique created by the media is a tad overblown.
ECB's Trichet on EMU and the euro
In the speech 'EMU and the euro: successes and challenges' given on 30 March Jean-Claude Trichet of the ECB said euro zone interest rates are expected to remain at historically low levels for a long period.