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Argentina falters at ‘historic’ moment for BCRA
Replacing governor with finance minister with close ties to president sends confused signal on independence
Sudanese central bank president dies in Turkey
Hazem Abdelqader had served 18 months, and was third governor since March 2011
UK lawmakers ‘satisfied’ with Visa response to outage
Visa has promised independent inquiry into incident that saw 5.2 million payments fail
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
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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?
Fed paper questions value of debt as crisis indicator
Economy allows Fed to continue policy normalisation – Atlanta’s Bostic
Central bank digital currency of no benefit to financial stability – RBNZ research
UK card transactions surpass cash for first time
SNB should clearly assign policy tools, IMF report says
Spain’s GDP growth set to decelerate – central bank