Tuesday, October 6, 2015 - 10:06 TEXT: ECB Publishes Guidelines For Speeches and Meetings 0
LONDON (MNI) - The following is the full text of a release, published Tuesday by the European Central Bank in Frankfurt, outlining details of its new policy guidelines on speaking engagements by Executive Board members.
Guiding principles for external communication by members of the Executive Board of the European Central Bank
The members of the Executive Board of the ECB attach great importance to clear, effective and timely communication of the ECB's strategy and policy decisions as well as issues related to their implementation.
The communication policy of the ECB is an essential part of its accountability and good governance obligations as an independent monetary and supervisory authority...
Tuesday, October 6, 2015 - 10:00 IMF: Fed Shld Await 'Firmer Signs' Infl Rising Before Liftoff 0
By Steven K.
Tuesday, October 6, 2015 - 10:00 IMF WEO:EMU Growth Seen Slowing Modestly But Recovery On Track 0
By Martin Baccardax
LONDON (MNI) - The International Monetary Fund said Tuesday that low oil prices, a weaker euro and loose monetary policy from the European Central Bank will continue to support a modest currency area recovery in the near term.
In its regular World Economic Outlook report, published in Washington, the Fund made modest adjustments to its growth projections for the Eurozone and its four biggest economies, but cautioned that low inflation and incomplete reform efforts could put what it calls and "uneven" recovery at risk.
"Potential growth remains weak - a result of crisis legacies, but also of demographics and a slowdown in total factor productivity that predates the crisis," the Fund said.
Tuesday, October 6, 2015 - 10:00 IMF: BOJ Shld be Ready for More Easing; Tough Choices in China 0
SINGAPORE (MNI) - The International Monetary Fund suggested that policymakers in China have some tough choices ahead as they in negotiate a transition of the economy toward domestic consumption while for Japan, the IMF said the central bank should be prepared to ease further if its plans for a rebound in inflation again come up short.
In its regular World Economic Outlook, the IMF left its predictions for growth in China unchanged at 6.8% for this year and 6.3% for next but noted the market turmoil caused by the recent stock sell-off and its decision to devalue the yuan.
Tuesday, October 6, 2015 - 09:57 NY Fed: Mkt Structure, Not Regs,Boosts Liquidity Risk-Excerpts 0
WASHINGTON (MNI) - The following are excerpts from the New York Federal Reserve Bank's Tuesday installment of this week's series of Liberty Street blog posts on liquidity considerations:
Market analysts frequently argue that regulatory changes since the crisis have led to a deterioration in market liquidity. Their argument is that the new regulations that forced dealers to be better capitalized and to manage risk more prudently have increased the cost of market making. Our findings, however, seem to contradict this potential driver of liquidity risk.
Tuesday, October 6, 2015 - 09:15 KC Fed George:Fed Working w/Industry to Improve Payment System 0
By Steven K. Beckner
(MNI) - Kansas City Federal Reserve Bank President Esther George said Tuesday the Fed is working with the banking industry to improve and modernize the nation's payments system in the face of rapid growth of e-commerce.
George suggested the U.S.