Economics
Progress toward regional integration in the WAEMU
The IMF Working Paper "Ten years after the CFA franc devaluation: Progress toward regional integration in the WAEMU" takes stock of the achievements toward integration in the West African Economic and Monetary Union (WAEMU) 10 years after the 1994…
Fed's Gramlich to join University of Michigan
The University of Michigan has selected Professor Edward Gramlich to serve as interim provost and executive vice president for academic affairs, effective 1 September, with approval from the university's board of regents.
White House may be considering Lindsey for Fed
The White House is expanding its search for a successor for Federal Reserve Chairman Alan Greenspan, according to a report Thursday, including former Bush adviser Lawrence Lindsey among the candidates.
Where does Greenspan keep HIS money?
Financial disclose forms released by the Federal Reserve recently show that chairman Alan Greenspan plays it safe when it comes to his own investments.
SARB's Mboweni at G20 seminar on economic growth
In a speech given on 3 August Tito Mboweni of the South African Reserve Bank said the Reserve Bank has been making an important contribution to macroeconomic stability, creating a stable framework for growth.
BOJ's Fukui on new trends in financial services
In the speech 'New trends in financial services: Creation of innovative retail services' given on 21 July (published 4 August), Toshihiko Fukui of the Bank of Japan said with the Japanese financial system is regaining its stability, the BOJ has taken a…
Trichet says ECB's 2% rate is appropriate
European Central Bank President Jean-Claude Trichet defended the decision to maintain interest rates in the euro zone at 2% in a radio interview Friday 5 August describing them as "appropriate".
G20 seminar on economic growth begins
The central banks of South Africa, Mexico and China are co-hosting a seminar in Pretoria to find ways of sustaining economic growth, particularly for the developing world.
Shocks may pose threat to China, says Nobel winner
Edward Prescott, the Nobel 2004 economics prize laureate, told an economics conference in Singapore on Friday 5 August China's fast growth rate may mean the economy is vulnerable to external shocks.
RBI readies for a 'Reddy Era'
This article published Friday 5 August takes an in depth look at Reserve Bank of India governor Yaga Venugopal Reddy. Reddy always speaks his mind, it says, and favours a "consensus" approach to policy issues. He can master any subject and is a voracious…
Italy favours fixed term for central bank chief
According to Italy's economy undersecretary Maria Teresa Armosino the government is ready to set a fixed term of office for the Bank of Italy governor, rather than the life term that currently applies.
National Bank of Macedonia - Annual Report 2004
The National Bank of Macedonia has published its Annual Report for the year ended 2004. In the next period, banking supervision will be focused on the promotion of the supervisory regulations, with a view to its full compliance with the Basel banking…
Bank Negara Malaysia - Annual Report 2004
The Central Bank of Malaysia has published its Annual Report for the year ended 2004. The Malaysian economy experienced its most rapid growth in four years, expanding by 7.1% in 2004 as a result of robust growth in both global trade and domestic demand,…
ECB rates on hold a while longer says Stark
The ECB's decision not to change rates at its meeting on Thursday 4 August was foreshadowed in a newspaper interview with Bundesbank Vice President Juergen Stark who said muted price pressures allow rates to remain on hold for a while longer.
PBOC: China will adjust yuan band at 'proper time'
China will carry out further adjustments to the yuan's trading band only at the 'proper time', the People's Bank of China said on Thursday 4 August in its first monetary policy report since the recent announcement of currency reforms.
IMF says ECB should be ready to cut rates
The International Monetary Fund published a report on Wednesday 3 August urging the European Central Bank to stand ready to cut interest rates.
Malaysia's Zeti on Islamic finance
In the speech 'Fostering leadership role in Islamic finance' given on 19 July, Zeti Akhtar Aziz of the Central Bank of Malaysia said with the experience that has been built up in Islamic banking and finance over the years, it is timely and desirable to…
Nat Bank of Kyrgyz Republic - Annual Report 2004
The National Bank of the Kyrgyz Republic has published its Annual Report for the year ended 2004. Economic growth, the low inflation rate, growth of investment in the real sector, and the strengthening of the banking system were significant results in…
Monetary Authority of Macao - Annual Report 2004
The Monetary Authority of Macao has published its Annual Report for the year ended 2004. During the five years since the return of sovereignty Macao has adopted a series of effective measures for economic reform and stimulating economic growth, the…
Central Bank of Ireland, Quarterly Bulletin 3/2005
Ireland's central bank published its Third Quarterly Bulletin for 2005 on Thursday 28 July. In the latest Bulletin the central bank said that the prospects for the domestic economy remain broadly positive.
BSP official sees economy recovering
The chief investor relations officer of the Bangko Sentral ng Pilipinas, the Philippine central bank, said in an interview that the economy is slowly regaining the growth momentum that was disrupted by the political crisis in the past two months.
BOJ current-account balance may fall below target
The balance of current accounts at the Bank of Japan is expected to drop below the 30-35 trln yen liquidity target today, to around 28.3 trln yen, the Nihon Keizai Shimbun reported on Wednesday 3 August, citing an unnamed source at the central bank.
Malaysia's Zeti on the Asian Bond Fund
In the speech 'Launch of the Asian Bond Fund (ABF) Malaysia Bond Index Fund' given on 18 July, Zeti Akhtar Aziz of the Central Bank of Malaysia said the launch of the ABF Malaysian Bond Index Fund today marks another important milestone resulting from…
Central Bank of Kuwait - Annual Report 2003-2004
The Central Bank of Kuwait pursued its efforts in drawing and implementing monetary policy, as well as enhancing the programs for the supervision and oversight of the banking and financial system during the year, the report said.