Banque de France (BdF)
French deputy emphasises importance of non-financial sector data
Banque de France deputy governor says information on non-financial companies has vital uses on the micro and macro level, as it helps evaluate collateral and perform stress tests
Banque de France plans to reduce regional presence
French central bank outlines development goals for 2020; set to decrease the number of regional sites, will lose up to 2,000 staff
French circus to perform as part of ECB cultural days
ECB reveals programme for cultural days 2012; spotlight for annual event falls on France and will for the first time feature a circus production
French research examines impact of credit rating changes
Banque de France study examines impact of a change in a country's credit rating on investment markets; downgrades have significantly larger effect on spreads
Banque de France paper finds limited inflation impact of macro-prudential policy
Working paper searches for possible conflict of interest between monetary and macro-prudential policy; says risk is small but policies should nevertheless be co-ordinated
Banque de France predicts output contraction in Q3
Survey on Industry and Services shows French businesses expect growth to contract by 0.1% in third quarter of 2012; figures show steady deterioration in sentiment since mid-2010
Banque de France paper highlights risks of financial markets opacity
Researchers find imperfect information on financial intermediaries’ exposures encourages risk-taking; suggest low interest rates and ‘gambling for resurrection’ raise systemic risk
Bank of Italy ends twinning programme with Bank of Albania
Guidance project between Italian, French and Albanian central banks comes to an end; final results due in October 2012
Noyer sets out eurozone financial union necessities
Governor of the Banque de France identifies three main powers needed to ensure eurozone financial union; “massive firepower” needed by bank emergency fund
Banque de France research examines links between inflation and monetary policy
Banque de France working paper examines link between inflation expectations, monetary policy and the eventual rate of actual inflation in the US economy
Europe meeting fiscal tightening and growth dilemma, says Noyer
Europe has made substantial ground in reducing fiscal deficits and meeting conditions for future economic growth; ECB has facilitated ‘smooth’ de-leveraging of banks, says Banque de France governor
Banque de France study examines bank loan portfolio management behaviour
Banque de France working paper examines relationship between a 'competitive investor' and 'commercial banks' in relation to long-term loan portfolios
Central bankers debate loose monetary policy impacts and exit plans
Masaaki Shirakawa, Christian Noyer, Jean-Claude Trichet and John Gieve highlight the challenges of super-loose monetary policy; Cœuré says ECB has LTRO exit plan
Fed launches Twitter account
Federal Reserve Board to 'tweet' information on speeches and reports to the Congress, among other items
ECB approves collateral eligibility criteria of seven Eurosystem central banks
European Central Bank leaves interest rates unchanged but confirms plans to relax collateral criteria for credit claims at seven Eurosystem central banks, including Banque de France
CB.com poll result says eurozone break-up comments are not irresponsible
CentralBanking.com poll shows majority of participants believe non-eurozone central bankers are not acting recklessly by commenting on a possible break-up of the euro
Banque de France to slash personnel numbers
Banque de France to replace only 50% of retirees in attempt to lower staff numbers; 2,500 posts to be lost by 2020
Bank of Japan launches Twitter account
Bank of Japan advances internet offerings by launching a Twitter account; joins several other central banks in ‘tweeting’ key information
Noyer blasts ratings agencies on Twitter
Banque de France verified Twitter page publishes stream of comments from governor Christian Noyer; criticises credit ratings agencies and slams UK economic performance
France confirms Cœuré as ECB nominee
Finance ministry puts Benoît Cœuré forward as nominee to replace Bini Smaghi on European Central Bank’s executive board; firm favourite choice confirmed
Banque de France outsources collateral management
French central bank agrees collateral management deal with Euroclear France; entire French banking community will use new system next year
ECB’s Noyer says larger EFSF ‘unrealistic’
ECB governing council member says EFSF will not be made bigger; is open to schemes that would offer greater leveraging opportunities for money already committed
Unconventional debt markets create monetary policy asymmetries: Banque de France paper
Banque de France study says differences in bond market characteristics can lead to asymmetries in monetary policy
France’s Noyer assesses economic implications of Basel III
Banque de France governor Christian Noyer says implementation of Basel III designed to reduce economic impact of tougher regulation