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Ethiopian government appoints new bank governor
No reason given for replacement as new prime minister announces major economic liberalisation
BoE’s chief economist joins minority in calling for rate rise
Monetary policy committee lowers threshold for reducing debt holdings
Brazil tests DLT-based regulatory data-sharing platform
Blockchain will allow regulators to share data more efficiently, says central bank
Quotes
We could not have survived this crisis without the ‘Main Street’ structure of the Fed. If it had just been a New York Fed… [it] would have faced a more severe backlash and possibly elimination
James Bullard, president, Federal Reserve Bank of St Louis
As internet access increases and encryption technology improves, digital currencies have the capacity to reduce operating costs, increase efficiency and enable a wide range of new applications
Fan Yifei, PBoC deputy governor
We see a strong, determined and young leadership with a focus on changing politics, society and the economy. The main impact for Sama is in the economic area.
Ahmed Abdulkarim Alkholifey, governor, Saudi Arabian Monetary Authority
Equilibrium’s a great concept, but the dynamic side has suffered because there aren’t really very good theories on how quickly ideas or events will unfold.
Hal Varian, chief economist, Google
There is empirical evidence that within the range of capital we are talking about in these regulations, it is the well-capitalised banks that provide lending; it is the well-capitalised banks that contribute to growth.
Jaime Caruana, BIS general manager
Editor's choice
Federico Sturzenegger on Argentina’s efforts to create a credible central bank
BCRA governor speaks about market panic, IMF bailout, and ending high inflation and monetary financing
Trendlines
Latest issue
Comment
Italy’s trial
Central banks need a consistent approach to accounting for monetary gold
Is the US dismantling Dodd-Frank?
Our Take
Argentina falters at ‘historic’ moment for BCRA
Time for Central Bank of Argentina independence
Regulatory efficiency or rollback?
Issuing “foreign-law” debt can cut costs in times of crisis – ECB paper
Caribbean central banks look for common approach to fintech
Swiss central bank keeps policy rates negative
Norges Bank says rate hike likely in September
Fed policy’s global effects differ in booms and busts – BIS paper
Leverage ratio disincentives clearing – BoE paper