Showing 1 - 6 of 6
Jon Fernquest, Published on 27/08/2012
» Elected govts push for short-term growth to impress voters, but central banks have long-term responsibilities for economic stability.
Jon Fernquest, Published on 25/01/2012
» Politicians dump 1997 crisis debt on banking sector with tax on bank deposits (govt banks exempt) law made in cabinet, not parliament.
Jon Fernquest, Published on 22/11/2011
» Central bank rejects idea of swapping safe US T Bills for govt bonds in foreign exchange reserves. Better govt borrows locally at low long-term rates.
Jon Fernquest, Published on 01/09/2011
» Singapore and China use them. Is it time to be more creative in how foreign reserve holdings are invested?
Jon Fernquest, Published on 07/07/2011
» Long-term central bank inflation policy ensures that people's purchasing power is not eroded and exports remain competitive.
Jon Fernquest, Published on 01/12/2010
» Loan defaults mushroomed in 1997 and the government has to pay it all back now, but the central bank objects that monetary policy is its rightful job.