Articles by Central Banking Newsdesk
DRC orders huge policy rate rise at unscheduled meeting
Increase is needed to combat accelerating currency depreciation and inflation, MPC says
El Salvador’s central bank licenses Binance
Move comes despite growing international regulatory concern over crypto exchange firm
RBI holds main rate as food prices drive inflation surge
Indian central bank imposes cash ratio on banks as Das says food-driven shock may be temporary
RBNZ unveils climate stress-test scenario
New Zealand’s largest lenders will be tested on exposure to extreme weather and transition costs
High-frequency traders impose costs on others – BIS paper
Study of dark pools finds HFTs almost never provide liquidity, while raising the cost for all
IMF to make changes to financial assessment programme
Fund says FSAP should focus on smaller financial companies, business models and risk management
US regulators fine firms $549 million for using messaging apps
Feds say brokers violated recordkeeping laws by using WhatsApp and similar services
Shelter inflation set to fall significantly – SF Fed research
“Conservative” model predicts shelter inflation will be 0% in the US by summer 2024
Currency round-up: Austrian leader calls for right to cash
US Mint continues quarters programme; Bangladesh adopts “clean note” policy; and more
Reports of cash restrictions in Niger
West African central bank froze relations and closed local offices after July 26 coup
PayPal launches US dollar stablecoin
Company will publish reserves report in September
BoJ board member says sustained 2% inflation within reach
Firms may have become more willing to raise wages, some policy-makers noted in July meeting
BoE enters new phase of data transformation project
Team is now developing options to address challenges identified in phase one
New Zealand government boosts central bank capital
RBNZ granted capital boost and indemnity
Taiwanese governor flags US sanctions risks
Yang says Taiwan should pay attention to the widening trade surplus with US
Pakistan launches sovereign wealth fund
Struggling country transfers $8 billion of shares in seven state companies to new SWF
Rates round-up: Ukraine cuts rate for first time since invasion
Thailand, Egypt and North Macedonia tighten policy; Georgia joins Ukraine in easing
BIS paper’s guide to monitoring ‘highly leveraged’ non-banks
Using new data sources can help to shed light on an opaque sector, authors say
IMF’s Selassie calls for ‘pragmatism’ on exchange rates
Official challenges idea that resisting depreciation is always the best policy
Brazil makes first rate cut in cycle
Board divides 5–4 over size of reduction, with majority backing larger 50bp option
People round-up: Breeden promoted to BoE deputy governor
Former Moroccan governor dies; Tonga appoints deputies; and more
US legislators draft bill to limit Chinese influence at IDB
Proposal demands public reports of Chinese influence and contracts at the development bank
Malawi raises rates as inflation continues climbing
Russia-Ukraine war and adverse weather events exacerbating food inflation
Paraguay president-elect names next central bank governor
Incoming finance minister promises to respect central bank independence