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Modest pay, one term 'best' for central bankers

A new study says that Europe's central bank chiefs should receive only modest pay and serve just a single term in office to avoid self interest creeping into interest rate decisions. It also found that limited terms and confidential interest rate…

Weber stands his ground

Tussles with government have tested his mettle, but Axel Weber has impressed in his first year at the Bundesbank, writes Marietta Kurm-Engels.

Interview with ECB's Issing

In an interview published on Tuesday 9 August, ECB Chief Economist Otmar Issing said that recently the eurozone economy has seen a series of positive signals. However risks to the outlook remained on the downside, he said, particularly with the continued…

New spokesman for the New York Fed

Peter Bakstansky has been the spokesman for the New York Fed for so long - 30 years, to be precise - that his impending retirement will be hard to get accustomed to, at least for any journalist.

Christopher Cox sworn in as SEC chairman

With his wife Rebecca standing at his side, Christopher Cox took the oath of office to become the 28th Chairman of the Securities and Exchange Commission from Federal Reserve Chairman Alan Greenspan on Wednesday 3 August.

Wim Duisenberg

This obituary for former European Central Bank president Wim Duisenberg, who died on Sunday 31 July, contrasts his rough ride at the ECB with the high reputation he had enjoyed among fellow central bankers during his tenure as governor of the…

Fed's Gramlich to join University of Michigan

The University of Michigan has selected Professor Edward Gramlich to serve as interim provost and executive vice president for academic affairs, effective 1 September, with approval from the university's board of regents.

RBI readies for a 'Reddy Era'

This article published Friday 5 August takes an in depth look at Reserve Bank of India governor Yaga Venugopal Reddy. Reddy always speaks his mind, it says, and favours a "consensus" approach to policy issues. He can master any subject and is a voracious…

IADB elects new President

Colombian diplomat and former minister of economic development Luis Alberto Moreno was elected president of the Inter-American Development Bank on Wednesday 27 July during a special meeting of the Bank's Board of Governors at IDB headquarters in…

IMF's Rato offers congratulations to Moreno

IMF Managing Director Rodrigo de Rato congratulated Luis Alberto Moreno on Wednesday 27 July following his election as President of the Inter-American Development Bank. Rato said his diplomatic experience and leadership will benefit Latin America's…

IMF chief draws fire over style as leader

This article published on Wednesday 27 July suggests a whispering campaign has begun in Washington against IMF chief Rodrigo de Rato. They accuse Rato of being a hands-off manager who spends too much time abroad and eyes Spain's highest elected office,…

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