Economics
IMF's Krueger on the pursuit of stability & growth
In the speech 'A "continuous adventure": The pursuit of stability and growth in modern economies' given on 30 January Anne Krueger of the IMF said low inflation is a vital element in any macroeconomic framework, and much progress has been made.
Central Bank of China - Annual Report 2004
According to the Central Bank of China's Annual Report 2004, Taiwan's external trade performed exceptionally well in 2004, driven by the global economic recovery.
What's the future for Lebanon's central bank?
According to this article published on Monday 30 January, changes need to be made soon at the Lebanese central bank to reflect developments in economic theory and in applied central banking.
Bernanke inherits an experienced Fed staff
Alan Greenspan's legacy includes a Fed full of battle-tested veterans who helped him calm the markets and steer the U.S. economy through September 11, the 1987 stock market crash, the international currency crises of the 1990s and two recessions,…
Ben Bernanke sworn in as Fed chairman
Ben Bernanke on Wednesday 1 February became the fourteenth Chairman of the Board of Governors of the Federal Reserve System and the Chairman of the Federal Open Market Committee, succeeding Alan Greenspan.
Bernanke becomes Fed chairman, but without a seat
Alan Greenspan celebrated his final day as Federal Reserve chairman with a lunch of grilled salmon and chocolate cake. He also received various gifts from his colleagues, including his boardroom chair.
Greenspan to become adviser to UK Chancellor
The UK Treasury on Wednesday 1 February announced that Dr Alan Greenspan KBE has agreed to be Honorary Adviser to the Chancellor of the Exchequer Gordon Brown.
Report says BoJ may extend Suda's term
The Bank of Japan has suggested that it may extend the appointment of a policy board member by giving a the official another five-year term.
Key appointments made as SARB restructures
As part of a restructuring process, two key appointments were announced by the South African Reserve Bank on Tuesday 31 January.
Bank of Tanzania - Annual Report 2004-05
According to the Bank of Tanzania's Annual Report 2004-05, the economy registered a robust growth rate of 6.7 percent in 2004.
Greenspan critics are off base on his legacy
As Alan Greenspan prepares to relinquish the Federal Reserve chairmanship on Tuesday 31 January, a cottage industry has sprung up questioning the strength of his legacy. Most of the criticism is off base, according to this article published on Monday.
Bernanke - Be tough, independent, raise rates
As Ben Bernanke takes over the reins at the Federal Reserve after his all-but-certain confirmation on Tuesday 31 January , Washington is bracing itself, according to this article published Monday, for the kind of noisy Fed transition it hasn't…
IMF approves US$10.2m for Central African Republic
The Executive Board of the International Monetary Fund said on Monday 30 January that it has approved a credit of SDR 6.962 million (about US$10.2 million) in Emergency Post-Conflict Assistance for the Central African Republic.
Arrests follow attack on Soludo's father
Police in Nigeria have arrested two men following an attack on the father of the governor of the Central Bank of Nigeria.
PBOC chief urges social security reforms
The People's Bank of China's Governor, Zhou Xiaochuan, has called for reformation of the country's social security system in order to reduce savings.
Bush to nominate Lazear to head CEA
US President George W. Bush has picked a business school professor, Edward Lazear, to be the chairman of his Council of Economic Advisers, the White House announced late Monday 30 January.
Senate votes on Bernanke, FOMC meets
The US Senate is aiming for a midday vote on the nomination of White House adviser Ben Bernanke to be chairman of the U.S. Federal Reserve, Senate leadership aides were quoted by Reuters as saying on Tuesday 31 January.
Bank of England given BCCI payout
The liquidator of Bank of Credit and Commerce International made an initial £73m payment to the Bank of England on Monday 30 January for legal costs incurred in its successful defence against the abandoned "misfeasance" claim in the High Court.
Bank of Thailand - Annual Report 2004
The Thai economy grew by 6.1 percent in 2004, decelerating slightly from 6.9 percent growth in 2003, due to the slowdown in domestic demand especially in private consumption and private investment, according to the Bank of Thailand's Annual Report 2004.
Comment: Talking points in January
January has been an eventful month in central banking circles. Debate intensified at the Federal Reserve and the Bank of Japan over their monetary policy frameworks, while the Bank of Italy and the State Bank of Pakistan saw new governors taking office…
Central Bank of Ireland, Quarterly Bulletin 1/2006
The Central Bank and Financial Services Authority of Ireland published its First Quarterly Bulletin for 2006 on 27 January. The Bulletin reports that the outlook for the Irish economy remains good.
Trichet renews call for eurozone reforms
Jean-Claude Trichet, president of the European Central Bank, urged euro zone governments to speed up structural reforms of their labour markets and welfare systems, telling a conference in Davos on Saturday that it was the best way to ensure economic…
Barker: BoE's growth forecast may be optimistic
Monetary Policy Committee member Kate Barker has warned that UK economic growth may fall short of the Bank of England's forecasts, UK daily the Guardian reported.
SNB see profit fall on gold price, US $
The Swiss National Bank (SNB) has reported an annual net profit of 12.8 bln sfr for the full year 2005, compared to 21.6 bln sfr a year earlier due to the sharp rise in both the gold price and the US dollar.