Financial crisis
BoE holds rates, aids markets
The Bank of England voted on Thursday to keep the base rate at 5.75% after offering the previous day to inject extra funds into the money markets next week if liquidity problems persist.
Deputy discusses Australian reaction to turmoil
Ric Battellino, deputy governor of the Reserve Bank of Australia, spoke about the central bank's handling of the recent bout of market turmoil at the Retail Financial Services Forum on Central Bank Market Operations in Sydney on 28 August.
Bank-run claims "partially misleading": Bundesbank
The Bundesbank has said newspaper claims that Axel Weber, the president of the central bank, compared the current market turmoil to a classic bank run were "partially misleading".
San Francisco Fed conference on Asian Crisis
The Federal Reserve of San Francisco will hold a conference and seminar series discussing the impact of the 1997 Asian financial crisis.
Useful statement from Jean-Claude Trichet
CentralbankNews.com is pleased to see the ECB making constructive use of its website in the current crisis. On Tuesday August 14 its home page featured prominently a statement by Jean-Claude Trichet, the president, about the current financial market…
New Zealand breaks with the Brash era
Going for growth will come back to haunt the Reserve Bank and its governor, writes Rodney Dickens
A crisis of identity
The loss of its managing director could not have come at a worse time for an IMF looking to remodel itself. Klaus Engelen reports
How to manage system risks
Many central banks can forget best-of-breed solutions for IT systems. Terry Beadle offers some realistic proposals
The pretend market for money
The current approach to monetary operations is complex, unnecessary and expensive, argues Julian Wiseman
Reform in the midst of crisis
George Abed tells the story of the development of Palestine’s central bank
MAS chief on financial risk and innovation
Ten years on from the Asian financial crisis, Heng Swee Keat, managing director, of Monetary Authority of Singapore, opened the first annual Risk Management Institute Research Conference.
Thailand governor cool on currency risks
Bank of Thailand governor Tarisa Watanagase says she dioes not expect another currency crisis like the one which hit the country ten years ago.
Asia ten years on - IMF's Burton
Ten years after Asia's financial crisis it is the most dynamic region in the global economy, observed David Burton, the IMF's director for Asia and the Pacific, in a speech in Singapore.
The Fund's changing role in Asia
In this speech, David Burton, director of the Asia & Pacific Department of the IMF, points out how the Fund's role in Asia has changed since the Asian financial crisis in 1997 and 1998.
Speeches from the CeMCoA symposium
The Bank of Japan has published speeches made by guest speakers at the international symposium "Ten years after the Asian currency crisis: Future challenges for Asian economies and financial markets" hosted by the Center for Monetary Cooperation in Asia …
SF Fed's Yellen on the Asian financial crisis
In the speech 'The Asian financial crisis ten years later: Assessing the past and looking to the future' given on 6 February Janet Yellen of the Federal Reserve Bank of San Francisco said China's exchange rate policy should be more flexible in order to…
Rato on ten years after the Asian currency crisis
In the speech 'Ten years after the Asian currency crisis: Future challenges for the Asian economies and financial markets' given on 22 January Rodrigo de Rato of the IMF said Asian countries are more prepared to handle risks stemming from volatility in…
Fukui on future challenges for Asian economies
In a speech given on 22 January Toshihiko Fukui of the Bank of Japan called for the monetary authorities in Asia to forge closer links to limit the effect of massive money flows into the region.
BoK chief on financial supervision
In this speech, the governor of the Bank of Korea, Seong-tae Lee, suggests that financial reforms and stricter supervision standards ensured that the damage from the 2003 credit card crisis was minimal.
Can the IMF avert a global meltdown?
According to this article by Kenneth Rogoff, published on Thursday 7 September by The Japan Times, it is time for international institutions to step in to avert a global financial crisis.
Thai central bank wins appeal against ex-governor
A recent decision by Thailand's Supreme Administrative Court clears the way for the central bank to press for damages against former governor, Rerngchai Marakanond.
A strong case for regional monetary cooperation
Charles Wyplosz looks at how policy at the regional level can underpin efforts to unwind global imbalances.