Articles by Daniel Hinge
BoE’s close rate call: what to watch
Markets had priced in 50% chance of a cut, but several economists say easing looks unlikely
Non-bank growth slowed in 2018, says FSB
Riskiest forms of non-banks still growing, but overall assets went into reverse in 2018
Economists call for action on risk of dollar liquidity crunch
Credit to non-banks and currency mismatches have grown, while oversight is “fragmented”, report warns
CBRT to hand over profit and reserves to government
Law change permits government to dip into central bank’s reserves
Macroeconomics is not broken
The discipline has moved beyond the neoclassical synthesis. Critics should too
2019: The year in review
The past year was marked by a persistent weakening of the global economy, and some radical financial innovations
BoE probes press conference audio feed leak
FCA investigates alleged leak of backup feed to third parties before main broadcast
BoE and FCA move to tackle systemic risks in open-ended funds
Illiquid funds will be expected to impose a price discount or delay in event of investor sales; Mark Carney says issues are “increasingly appreciated” in global discussions
Leveraged lending creates challenges in UK stress tests
On some assumptions, banks would fail the tests; BoE to alter capital framework
Bank of Israel digs in for long fight against strong shekel
Central bank has “plenty of patience”, says monetary policy-maker
New ‘currency’ aims to tackle failings of its predecessors
Saga sits somewhere between a stablecoin and a crypto asset – and has been designed by a team that includes former central bankers
Paul Volcker, 1927–2019
The Fed chair made his name battling inflation, and left his mark on independence and post-crisis financial regulations
Elsie Addo Awadzi on turning around Ghana’s banking system
The Bank of Ghana led a multi-pronged effort to rescue or resolve several banks and hundreds of smaller firms
Sri Lanka’s Coomaraswamy to step down
Governor to leave in December, over two years ahead of term end
Regulators and firms confront problems of ‘open banking’
Basel Committee report says challenging trade-off exists between privacy, security and efficiency
Central banks report sharp improvement in data governance
Progress comes as many central banks complete projects to improve governance
Central banks increasingly embracing the cloud
Forms of cloud computing are becoming more prevalent, despite central banks’ caution
Big data in central banks: 2019 survey results
Many central banks are overhauling their data governance, which has facilitated a broadening in their use of big data. They are also turning to external specialists for help
Inside the ECB’s upgraded multi-country model
ECB-Base sets the blueprint for a new semi-structural workhorse model of the eurozone
Bank of Canada picks MindBridge for AI fraud detection trial
Trial under central bank’s ‘Pivot’ scheme will test artificial intelligence for payment fraud detection
World risks ‘global liquidity crunch’, former BIS officials warn
“Urgent action” needed to prevent crisis, say Philip Turner and André Icard
BIS studies highlight limits to unconventional policy
Policies seen as broadly effective, but reports warn of spillovers and other unintended effects if the policies are used too much and for too long
BIS launches green bond fund for central banks
Institution aims to use fund’s clout to influence development of green investment standards
Central banks urged to adopt DLT-based CBDC
Industry figures argue central bank money is needed for token-based securities settlement, but central bankers are sceptical