Izabella Kaminska joined FT Alphaville in October 2008. Before that she worked as a producer at CNBC, a natural gas reporter at Platts and an associate editor of BP's internal magazine.
Learn moreNowadays, the idea of not having an independent central bank is seen as being a bit backward. One could even say that central bank independence is widely accepted as the optimum set-up for any country’s monetary system, a reflection of its developmental status.
“Independent central bank? Check.”
“This country must be civilised. ”
Yet, can we really be so absolute about the matter? Read more
| Market | Last price | Today's change |
52 week high |
|
|---|---|---|---|---|
| FTSE 100 Index: FSI As of May 23 2013 16:35 |
6,697 | -143.48 | -2.1% | 6,876 |
| FTSEurofirst 300 Index: FSI As of May 23 2013 17:15 |
1,230 | -26.34 | -2.1% | 1,258 |
| S&P 500 INDEX: WCB As of May 23 2013 05:00 |
1,651 | -4.84 | -0.3% | 1,687 |
| Euro/US Dollar FX Spot Rate As of May 23 2013 21:20 |
1.29 | 0.00 | -0.2% | 1.37 |
| ICE Brent Crude Oil Front Month: IEU As of May 24 2013 02:34 |
102.46 | +0.02 | +0.0% | 119.17 |
| COMEX GOLD 1 FUTURES CHAIN Front Mon: CMX As of May 23 2013 23:15 |
1,392 | 0.00 | 0.00% | 1,795 |
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1About China's capacity to absorb more capital
2Japan's mini crash: Blame China, not just Ben
3Spain's awful unemployment
4The Nikkei: a market abducted by retail
5S&P 2,100, by Goldman Sachs
Show more6Everlasting credit, the long view
7Buyback to enrich
8Measure it however you like: inflation has been low and falling
9Bernanke's testimony to the Joint Economic Committee
10Everyone's scared of something
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