Economics
Weber’s German defence highlights leadership flaws
Bundesbank president Axel Weber blames deficit countries for eurozone’s woes; analysts say comments further complicate chances at ECB presidency
BIS must fix data gaps: Bank paper
Bank of England paper identifies specific information gaps in cross-border banking statistics published by Bank for International Settlements; improvements thought to be under way
Finland’s Liikanen demands greater economic coordination in eurozone
Bank of Finland governor Erkki Liikanen says better public finance governance serves common interest in Europe
BoJ’s Kamezaki predicts weaker outlook for growth
Bank of Japan rate-setter Hidetoshi Kamezaki expects Japanese growth engines to slow down
Money market rate best policy target: BIS research
Bank for International Settlements research finds lower macroeconomic volatility where central banks use money market rather than repo rate as policy target
Japan: not a bad record
In the final article of a six-part series on the Japanese economy, Robert Pringle reports from Tokyo on how the crisis has impacted Japan’s global outlook
Banks forgot their wider social duties: HSBC's Green
HSBC chairman and new UK trade minister Stephen Green says banks must reexamine their contract with shareholders and society; sustainability central part of shareholder value
EMEs deserve bigger role in reform debate: DIFC, CIC officials
Dubai International Financial Centre's Nasser Saidi and China Investment Corporation's Jin Liqun say emerging markets' prominence set to endure, mandating bigger voice in regulatory reform process
RBA’s Stevens: monetary policy not necessarily a ‘blunt instrument’
Reserve Bank of Australia governor Glenn Stevens says monetary policy suited to guarding macroeconomic stability
Subbarao tackles dilemmas in central banking
Reserve Bank of India governor opines on five challenges facing monetary authorities
Bank of England Quarterly Bulletin (2010 Q3)
Bank of England's third quarter bulletin scrutinises sterling markets, lending for new households
Fiji’s Naiyaga urges stock exchange listings
Reserve Bank of Fiji acting deputy governor Inia Naiyaga notes tax break for companies listed on stock exchanges
Weber on growth prospects after the crisis
Bundesbank president stresses financial stability has to and will be reinforced
Beijing looks to further internationalise renminbi
People’s Bank of China says it must work to match growing demand for renminbi outside of mainland; sets out further steps including opening domestic market to international institutions
Philly Fed survey: firms see little change in business activity
Firms say activity remained flat this month but optimistic that third quarter better than previous three months
RBA’s Lowe on links with China
Reserve Bank of Australia assistant governor notes stronger correlation between Chinese and Australian GDP
Shirakawa applauds Tokyo’s yen sale, analysts less convinced
Bank of Japan governor Masaaki Shirakawa says government’s step to contain soaring yen will lend stability to the currency; markets soar and yen drops, but commentators divided on effect
Monetary policy best placed to boost short-term growth: King
Bank of England governor Mervyn King tells trade unionists that monetary policy is best suited to revive flagging broad money figures; says fiscal emphasis should be on debt reduction
SF Fed: fiscal stimulus had short term benefits
San Francisco Federal Reserve study finds fiscal stimulus has had mixed effect on employment in the United States
NY Fed: charter schools preferred over public
New York Federal Reserve study finds charter schools in Michigan compete for student enrollment with private schools
CEPR: PIGS neglected current account deficits
Centre for Economic Policy Research study shows adoption of euro caused countries to relax current account discipline
Canada’s Carney pushes for change in global monetary order
Bank of Canada governor warns international monetary system “an increasingly unstable hybrid of fixed and floating regimes”; cites role of G20 as premier forum for economic cooperation
Goolsbee to replace Romer at helm of Council of Economic Advisers
Former University of Chicago professor Austan Goolsbee named as successor to Christina Romer
Fed proposes high frequency method to calculate equity returns
Federal Reserve study finds new method of measuring equity returns using high frequency data reduces forecasting bias