Economics
Monetary policy: a journey from theory to practice
The European Central Bank is holding a colloquium in honour of Otmar Issing in Frankfurt am Main, 16 - 17 March 2006. Contributors include Mervyn King, Donald Kohn, Lars Svensson and Allan Meltzer.
Trichet praises BoJ's communication
The Bank of Japan's communication with financial markets was "very, very good," European Central Bank President Jean-Claude Trichet said Monday 13 March. He also said independence was of "extreme importance" for the National Bank of Poland.
Canada's Macklem on renewing the IMF
In the speech 'Renewing the IMF: Some lessons from modern central banking' given on 9 March Tiff Macklem of the Bank of Canada said the IMF should also play a role in setting the "rules of the game" in the international financial system, including…
Norges Bank - Annual Report 2004
According to Norges Bank's Annual Report 2004, after a moderate slowdown in the first half of 2003, growth in the Norwegian economy picked up markedly in 2004.
Keep politics out of Bank of Spain, says PP leader
People's Party (PP) leader Mariano Rajoy said on Wednesday 8 March that he does not agree that Miguel Angel Fernandez Ordoez, the current secretary of state for internal revenue, should be the next governor of the Bank of Spain.
Central Bank of Turkey governor named - report
A press report on Thursday 9 March said the replacement has been chosen for Sureyya Serdengecti, after he resigns on 13 March as governor of Turkey's central bank.
Malaysia's Zeti gets new five-year term
Malaysian central bank governor Zeti Akhtar Aziz's term in office has been extended for another five years, effective from 1 May, according to a statement released by the Ministry of Finance on Friday 10 March.
Bundesbank's Weber on the role of interest rates
In the speech 'The role of interest rates in theory and practice - How useful is the concept of the natural real rate of interest for monetary policy?' given on 9 March Axel Weber of the Bundesbank said setting interest rates against a benchmark estimate…
Bank of Canada announces research award
The Bank of Canada announced on Friday 10 March that Professor Gregor Smith of Queen's University is the recipient of the Bank's Research Fellowship for 2006.
Central Bank of Oman - Annual Report 2004
According to the Central Bank of Oman's Annual Report 2004, the macroeconomic environment of Oman in 2004 was characterized by impressive economic growth, low inflation, financial stability, and most importantly, steady progress towards diversification…
The evolving inflation process: an overview
This BIS Working Paper reviews analytical work carried out by central banks that participated in the Autumn Meeting of Central Bank Economists on "The evolving inflation process" which the BIS hosted on 28-29 October 2005.
ECB Monthly Bulletin, March 2006
The European Central Bank published its March 2006 Monthly Bulletin on Thursday. In the report the ECB said the decline of the euro and relatively low interest rates contributed to the strong performance of euro zone stock markets last year.
Fed Reserve Bank of St Louis Review, Mar/Apr 2006
The latest edition of the St Louis Fed's Review for Mar/Apr 2006 includes the article 'Macroeconomic news and real interest rates'. Economic news affects the perceptions of investors, forecasters, and policymakers about the strength or weakness of the…
PBOC says US pressure not a factor on yuan
A People's Bank of China official was quoted on Thursday 9 March as saying that pressure from the US is not a factor under consideration in determining the yuan's exchange rate.
New vice-governor for Slovak central bank
The National Bank of Slovakia is to get a new vice-governor, the Slovak Spectator reported.
Liebscher says EU integration must not be hampered
National Bank of Austria governor Klaus Liebscher said in an interview that EU integration must not be hampered by protectionist measures to fight cross-border mergers in some countries.
State Bank of Pakistan - Annual Report 2004-2005
According to the State Bank of Pakistan's Annual Report 2004-2005, the year remained eventful in many aspects including record high economic growth.
The monetary transmission mechanism in Jordan
This IMF Working Paper, published February 2006, examines monetary transmission in Jordan using the vector autoregressive approach.
Past and future of central bank cooperation
The BIS on Tuesday published papers from its fourth Annual Conference on Past and Future of Central Bank Cooperation, held as part of the Bank's 75th anniversary celebrations, on 27-29 June 2005.
Fed's Stern doesn't see inflation accelerating
According to this article published on Monday, 6 March Minneapolis Fed president Gary Stern is about as relaxed regarding inflation as a central banker can be.
Japan's Abe praises Fukui's wisdom
Japan's top spokesman repeated the government's position on Wednesday 8 March that the Bank of Japan should exercise caution over scrapping its ultra-loose monetary policy.
Greenspan's memoirs sold to Penguin
Former Federal Reserve Chairman Alan Greenspan signed a deal on Tuesday to publish his memoirs with The Penguin Press.
Prime Minister of Lithuania visits ECB
The Prime Minister of the Republic of Lithuania, HE Algirdas Brazauskas, visited the European Central Bank (ECB) on Tuesday.
Fed's Poole says more rate hikes may be needed
The U.S. economy has a "great deal of momentum" and the Federal Reserve may have to raise interest rates further, one of its top policymakers said on Monday 6 March.