Opinion
Roach dismisses global savings glut
Morgan Stanley's chief economist, Stephen Roach, has poured cold water on the "global savings glut" hypothesis championed by Fed chairman, Ben Bernanke, as the underlying cause of global economic imbalances.
CB independence under threat in New Zealand
According to this note by a New Zealand-based economic research company, Allan Bollard, the governor of the Reserve Bank of Zealand, has adopted an experimental "go for growth" monetary policy strategy. A move away from this approach could make the…
Henrique Meirelles: central banking natural
This article, from the International Herald Tribune, says Henrique Meirelles, the governor of the Central Bank of Brazil, has quickly mastered the central bankers' art of elusive communication.
Too strong rupee?
This article from the International Herald Tribune suggests that calls are mounting on the Reserve Bank of India to stem the strengthening of the rupee.
Policy pitfalls in an asset-dependent world
In this week's edition of his weekly market commentary Morgan Stanley Chief Economist, Stephen Roach, says that American policymakers should stop blaming others for the global imbalances.
What next from Chinese reserve managers?
These two articles analyse this week's announcement that the new agency managing part of China's $1.2 trillion in foreign reserves will buy a $3 billion stake in the American private equity firm, Blackstone Group LP.
If China's market bubble flattens, will SA pop?
This article, from the South African "Business Report", examines what the possible outcome to the country will be if Chinese stock markets undergo a sudden correction.
Why all the fuss about reserve management?
This article published Tuesday 15 May by Business Day asks why the Central Bank of Nigeria is so concerned about local banks shoring up on reserve management skills.
Sweden walks the central bank talk
This article published by The Australian on Wednesday 16 May reports new research from JPMorgan on winners and losers in the central bank communication debate.
Four letter word may spell end for Wolfowitz
According to this article published Tuesday 15 May by The Guardian, Paul Wolfowitz swore at and threatened senior World Bank staff with retaliation if details of his pay rises for his partner were revealed.
If Wolfowitz goes, must his successor be American?
If Paul Wolfowitz leaves the World Bank the selection process for his replacement is likely to be as primitive as ever, according to this article from the Washington Post, published Sunday 13 May.
It's all down to Bollard to beat NZ's bubble now
According to this article published by The National Business Review on Friday 11 May, politicians have failed to do anything to rein in New Zealand's property boom, leaving it all up to Reserve Bank governor Alan Bollard.
Malta and Cyprus looking for euro thumbs up
According to this article published by the Times of Malta on Sunday 13 May, Malta and Cyprus will this week get the go ahead to join the euro next year.
Code words not for King, but BoE can improve
According to this article published Thursday 10 May by Reuters, the gloss is starting to come off the Bank of England's reputation for managing interest rate expectations and keeping inflation under control.
FOMC can stick again unless data changes
Without changes in economic data, the Federal Open Market Committee can leave US interest rates alone next month too, and may as well issue the same statement too, says John Berry of Bloomberg in this article published Thursday 10 May.
King and Co should do nothing either
According to this article from Bloomberg published Wednesday 9 May, there are plenty of reasons for the Bank of England to do nothing Thursday.
Bernanke and Co should do nothing
According to this article from John Berry at Bloomberg, published Friday 4 May, Federal Reserve officials will not change interest rates Wednesday amid conflicting evidence about where the US economy is headed.
Wolfowitz still flying high, but now out of fuel
According to this article published Tuesday 8 May by the LA Times, the latest goings on at the World Bank are all designed with one thing in mind, as Paul Wolfowitz stays put as president.
Europe's central banks offloading gold
According to this article published Thursday 3 May by FMarena, with European central banks selling gold heavily recently, they might actually sell up to their quota.
Bank of England has much to discuss next week
With the Bank of England looking certain to raise UK interest rates next week, this article from Reuters, published Friday 4 May, looks at the main factors the MPC will be discussing.
Could Japan see a return to deflation?
After Japan's battle to emerge from deflation, this article from Bloomberg, published Monday 30 April, wonders if the country may be about to return to it.
Christodoulou leaves Cyprus in better shape
According to this article from the Financial Mirror, published Wednesday 2 May, Christodoulos Christodoulou, the outgoing governor of the Central Bank of Cyprus, will be remembered for more than getting banks into shape, he also shored up confidence in…
Did Gambler Greenspan just get lucky?
Alan Greenspan is widely recognised as the world's greatest ever central banker, but according to research from the ECB referred to in this article from The Herald, published Tuesday 1 May, his success probably has more to do with luck than skill.
Is Bernanke wrong on inflation?
According to this article from Bloomberg on Monday 30 April, a housing slump in the US may drive the US economy into recession, prompting the Federal Reserve to cut interest rates.