Central Banking

People's Bank plans customer protection scheme

CHINA - China plans to set up a deposit insurance system to protect bank customers and reduce increasing risks in the banking sector. Announcing the plan, People's Bank of China (PBOC) Vice-Governor Wu Xialiang, said establishing such a system was an…

Low inflation may erode bank's credibility

SPEECH - The Bank of England's credibility could be at risk if it continues to undershoot its 2.5 per cent inflation target for more than another two years, according to a member of the bank's Monetary Policy Committee.

World Bank cancels Barcelona conference

SPAIN - The World Bank has decided to suspend its Annual Bank Conference on Development Economics (ABCDE) in Europe, due to be held in Barcelona on June 25-27, to avoid protests from anti-capitalist groups that had stated their intention to disrupt the…

Possible successors to Duisenberg listed

FRANCE - French Finance Minister Laurent Fabius, BNP Paribas Chairman Michel Pebereau, European Union Trade Commissioner Pascal Lamy and European Central Bank board member Tommaso Padoa-Schioppa are possible successors to ECB President Wim Duisenberg…

The outlook for the economy

SPEECH - President Santomero of the Federal Reserve Bank of Philadelphia on the outlook for the US economy. He was speaking on 22 May at the County Chamber of Commerce, Philadelphia.

ECB monthly bulletin May 2001

EUROPE - The European Central Bank has published its monthly bulletin for May 2001. It considers economic developments in the euro area, framework and tools of monetary analysis, and the new capital adequacy regime - the ECB perspective.

UK General Election - Conservative pledges

UK - The UK Conservative party have published their manifesto. In it they spell out what they would do if elected to government in the general election to be held on 7 June. Michael Portillo,the shadow chancellor of the exchequer, sets out their policies.

UK General Election - Labour pledges

UK - The UK Labour party published its election manifesto on 15 May. They review their changes made to the Bank of England and describe their policy on the single european currency, the euro.

Currency Crises: the Role of Banks

This IMF working paper, by Piti Disyatat examines the aftermath of recent currency crises. Why did the developed countries which devalued during the ERM crisis fare so much better than those developing countries caught up in the Asian crisis of 1997-8?.

Central bank cuts rates in Taiwan

TAIPEI - Taiwan's short-term money rates ended lower on 18 May after the central bank aggressively cut interest rates yesterday, 17 May, and the banking system's daily reserves showed a surplus from the previous session.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.