Central Banks
Bernanke calls for total redesign of BoE forecasting
Report calls for major changes to infrastructure, core models, staffing, communications and more
Central banks reveal top staffing constraints
Career progression limits, skills gaps and red tape identified as challenges
Australian SMEs face financing drought, RBA official says
Traditional banks are averse to lending to innovative small firms, assistant governor says
ECB holds rates as Lagarde hints at possible June change
Some governing council members wanted rate cut now, says ECB president
Bank of England: time for fourth-generation forecasting tools?
Economists suggest ways to improve BoE’s framework ahead of Bernanke’s report
MAS partners with Mastercard to tackle cyber risks
Singaporean central bank and payments firm will share information and conduct joint training
Low growth threatens to reverse living standards – IMF
AI will drive growth but also increase inequalities, fund says
Most high income central banks lack formal recapitalisation agreements
Seven respondents report launching recapitalisation in past year
Bank of Canada holds rates for sixth consecutive time
Central bank optimistic that rate cuts are ahead and inflation will gradually fall
Bank of Thailand holds rate despite PM’s call for cuts
Monetary policy committee expresses concern on elevated debt levels
New Zimbabwe governor introduces ‘gold-backed’ currency
Adoption of sixth new currency in 18 years is “chaotic”, media reports
Fixing forecasting at the Bank of England
Ahead of the launch of the Bernanke review, NIESR’s Stephen Millard makes the case for three key changes to the BoE’s forecasting
Central banks’ profit distribution widely agreed with governments
Few institutions have arrangements with other parties or private shareholders
RBNZ holds rates as economy enters recession
Policy-makers keep policy restrictive to tame inflation despite economic downturn
Bank of Israel holds policy rate as inflation moderates
Continuation of war in Gaza could drive up inflation, governor says
Africa’s CMA revamps cross-border payments over AML fears
Central Bank of Lesotho officials say the transition should be smooth but challenging
RBI keeps interest rates flat as food prices raise concerns
Food inflation could "unhinge" anchoring of inflation expectations, governor says
Philippine central bank holds rate
Central bank stays put after headline inflation rises for two consecutive months