Articles by Central Banking Newsdesk
Jamaican finance minister set to become IMF deputy MD
Fund’s chief proposes Nigel Clarke for role, while general counsel announces retirement
Bailey highlights key challenges to central banking orthodoxy
BoE governor says focus on financial stability remains key during “Covid-Ukraine era”
Fed likely to cut rates in September – FOMC minutes
Participants at July meeting said they would need greater confidence inflation was falling
‘Beveridge threshold’ can explain US soft landing – study
Gauti Eggertson tells Jackson Hole attendees why many economists were too gloomy about growth
Food inflation spills over in India – RBI study
Central bank economists call for disinflationary monetary policy to tame phenomenon
RBNZ opens consultation on more standards for deposit-takers
Central bank proposes “non-core” requirements in addition to prerequisites for licensing
‘Reserve asset competition’ explains global fiscal cycle – paper
Local fiscal shocks can trigger debt issuance abroad, authors find
SNB launches instant payments system
Swiss central bank says system will enable “final settlement” within seconds, 24/7
Lending spreads may dampen monetary policy – research
Rate hikes appear to have been muffled and cuts might be too, say Kansas City Fed authors
NY Fed chief unveils real-time reserves calculation framework
John Williams and fellow researchers cite five measures of reserves’ ampleness or scarcity
Turkey keeps interest rates unchanged
Central bank says people’s inflation expectations are more pessimistic than its own
Libya’s central bank resumes operations
Move follows “safe return” of kidnapped official
RBA minutes reveal hawkish outlook after rate hold
Members considered hike during last meeting, MPC says
Libyan central bank halts work after IT director abducted
Kidnapping comes after armed protesters call for governor’s resignation
BoC paper offers monetary policy ‘decision synthesis’
Authors say model combination method helps capture complexities of decision-making
Uruguay holds rate for fourth consecutive time
Central bank projects inflation will remain with 3–6% target over coming two years
Growing divide between ethereum investors – Philadelphia Fed study
Paper claims returns disadvantage “minnows” more than would be case with conventional assets
Sri Lanka’s central bank forecasts fall in inflation
CBSL says figure will fall to its lowest point in early 2025 before rising again towards 5% target
Financial literacy quickens monetary policy reaction – study
Improving people’s knowledge of money matters could strengthen transmission
Philippines cuts rates by 25bp
Inflation moving towards target, central bank says
BIS paper links interest rate risk to bank lending supply
Monetary tightening affects bank lending more when “duration gap” is larger, authors find
Namibia administers first rate cut in four years
Move comes as inflation slows and foreign exchange buffers increase
HKMA launches GenAI sandbox
Authority encourages banks to test use cases such as improved risk management and anti-fraud efforts
Distribution of reserves determines QE and QT’s impact – BoE paper
Policies have ‘highly asymmetric’ impacts on reserve-scarce banks, researchers say