Commentators praise the innovation underlying Google price index; despite limitations, index could work as a CPI subset
The sovereign earthquake
Currency manipulation is gaining ground as governments look to grow exports and control inflows. But any talk of imminent currency conflict is overblown, say credit investors.
Further Plaza II-type agreement is unlikely, however, and only weak "peer pressure" applied to currency problems, says Barclays Young
IMF's latest financial stability report strikes a cautionary note about the stalled economic recovery
China has further liberalised its interbank market to let banks transfer loans to each other
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
EU help for Club Med nations is designed to give European banks enough time to minimise exposure to the region prior to debt restructurings, said analysts at a Fitch Ratings conference.
But market may begin testing the Bank of Japan's resolve if more measures are not taken
Lighting the way
Charles Goodhart, Sir John Gieve and Paul Mortimer-Lee say regulation is best housed within the central bank but warn challenges remain
European Central Bank executive board member José Manuel González-Páramo acknowledges risks in central bank’s willingness to accept broad range of collateral
The Chinese sovereign wealth fund has committed to the US Federal Reserve that its interest in Morgan Stanley will remain a passive investment and that it has committed to not exert controlling influence over the bank
Bank of England deputy governor Charles Bean says crisis focus on bank incentives must remain; financial market problems require macroprudential instruments
CentralBanking.com poll shows more than 66% of readers think monetary authorities cannot be expected to boost growth and protect price stability
Comments released by the European Commission show that European institutions and banking associations disagree over Sepa proposals to seperate end dates
As the European Central Bank winds down its repo facility, there are fears that traditional avenues of securitisation issuance are still not viable.
Increased borrowing reflects fears on country's banking sector.
Spanish banks continue to depend on European Central Bank after stress tests exposed capital shortfalls
Blair Baker talked to Donald Kohn on 9 July about his career at the Federal Reserve, monetary policy, the crisis and the future of financial regulation.
US regulators are hiring more staff in preparation for Dodd-Frank changes
Federal Reserve fails to announce additional quantitative easing but pledges to keep size of purchases at current levels; calls for more easing spurred by weak jobs data
The development of mainland Chinese markets may mimic what has already occurred in Taiwan, according to Jack Lin, co-chief executive officer of Janus Capital International in Hong Kong, but the role of sovereign funds and the quantum of scale indicate…