Bank of Mexico to maintain tight policy, minutes say
Board says it will have to keep rates at 11.25% “for an extended period”
Boston Fed paper looks at wider impact of banking stress
High levels of leverage magnify impact of bank crises on output and employment
People: April to June 2023
A round-up of central bankers in the news and on the move during the past three months
Eurozone inflation declines sharply in May
Core inflation declines from 5.6% to 5.3%
Awards
Central Banking Awards 2023 – the winners in full
Awards recognise extraordinary achievements by central banks and their partners in the past year
Central bank of the year: National Bank of Ukraine
NBU maintained financial and macroeconomic stability in the face of extreme shocks
Reserve manager: Central Bank of Brazil
Latam’s largest FX reserves holder has conducted a major revamp amid unprecedented shocks
Governor of the year: Shaktikanta Das
The RBI governor has cemented critical reforms, overseen world-leading payments innovation and steered India through difficult times
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Trends in reserve management 2023: survey results
Insights on inflation, asset diversification, geopolitical risk, risk management frameworks and ESG adoption

IMF’s Adrian on the systemic threat posed by a ‘weak tail’ of financial institutions
IMF’s financial counsellor discusses the need for action on run rate assumptions, interest rate risk, deposit insurance and crypto regulation

A suptech transformation: using tech to support the full supervisory lifecycle
Regnology explores how – with the appropriate platforms, partners and processes in place – supervisory technology can be utilised as a driver of transformation.

What economists learned from Covid-19
A rush of work on ‘epi-macro’ yielded breakthroughs and then faded. Will there be lasting benefits?
Benchmarking
More than 80% of central banks are investigating CBDC
Central banks feel negatively about retail digital currencies in their payment systems
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BoT’s Sethaput on inflation dynamics, central bank mandates and multi-lateral payments
Thai governor speaks about higher inflation, sustainable finance challenges, CBDC experiments and payments governance
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