Economics

Demand for eurozone loans shrinks

Demand for loans from both businesses and households across the euro area fell sharply in the fourth quarter, the European Central Bank's (ECB) latest credit conditions survey indicated.

IMF surveillance improved

The International Monetary Fund's (IMF) country surveillance improvements are effective, posits a new paper from the Bank of Canada.

ECB: corporate credit weakening

Corporate credit is significantly weakening, said Jean-Claude Trichet and Lucas Papademos, the president and the vice president of the European Central Bank (ECB).

South Africa's Mboweni rejects ANC seat

Tito Mboweni, the governor of the South African Reserve Bank, has turned down the chance to stand as a candidate for the African National Congress (ANC), the ruling political party, in the country's upcoming general elections. The decision signals that…

ECCB - Annual Report 2007/08

Eastern Caribbean Currency Union (ECCU) countries are among the most vulnerable in the international system, said Dwight Venner, the governor of the Eastern Caribbean Central Bank in its latest Annual Report.

St Louis Fed elects new chair

The St Louis Federal Reserve has named Steven Lipstein, the president and chief executive of BJC HealthCare, the chair of its board for the coming year.

Dudley takes helm at NY Fed, Geithner sworn in

William Dudley, the executive vice president of the markets group at the New York Federal Reserve, is to succeed Tim Geithner as president of the central bank after Geithner was sworn in as US Treasury secretary on Monday.

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