Opinion

Trust me, Ben, if Mervyn can do it, so can you

This article published Friday 15 December by Bloomberg, compares the Bank of England's communication strategy with the Federal Reserve's. In less than a decade of independence the BoE has leapfrogged the Fed in terms of clarity, it says.

Bernanke may clash with democratic Congress

According to the article 'Bernanke may clash with democratic Congress on wages, inflation' from Bloomberg, published Thursday 7 December, Federal Reserve chairman Ben Bernanke may be heading for a showdown with congressional Democrats over warnings from…

How independent should a central bank be?

According to this article by William Keegan at The Observer, published Tuesday 21 November, as Prime Minister, Gordon Brown wouldn't dare to tamper seriously with the system at the Bank of England for which he has received so much praise.

Bernanke seen as unlikely to push inflation target

This article from the Finanical Times, published Wednesday 15 November, says that fallout from the Democrats recent victories could include a slow down in Ben Bernanke's drive to lead the Federal Reserve towards adopting a numerical inflation target.

Economic woes await next Congo president

According to this article published Thursday 9 November by AFX, whoever emerges winner of Congo's recent presidential election will have a hard time wooing back citizens who have given up on institutions in favour of a giant shadow economy.

Democrats may oppose Bernanke's inflation target

According to this article published Thursday 9 November by Bloomberg, it may become harder for Federal Reserve chairman Ben Bernanke to establish an inflation target now that Democrats have control of the U.S. Congress.

What's behind Japan's big surge?

Although the world's second-biggest economy is expected to announce record expansion, this article from BusinessWeek, published Monday 6 November, says it's mainly based on exports, and wages have not kept pace.

Keeping faith in CBK's supervisory obligation

According to this article published Tuesday 7 November by the Kenya Times, a logical move by the Central Bank of Kenya to shut down the country's twenty or so banks affected by bad debts would have had dire implications for the economy.

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