Articles by Central Banking Newsdesk
Mongolia makes 200bp hike
Central bank has doubled rates since start of year
Global economy faces four key risks, warns MAS chief
Ravi Menon says era of cheap money, cheap labour and cheap energy is most likely over
PBoC leaves key lending rates unchanged
Chinese central bank pauses monetary easing as yuan falls to two-year lows
Russian central bank cuts rates again but Nabiullina warns over deficit
Higher structural deficits would force central bank to raise rates, governor says
Argentina continues rate rises
Central bank increases headline rate by 550bp to 75%, but inflation continues to rise
Haitian banks suspend operations
Banks close as Caribbean country is rocked by fuel protests and inflation hits 10-year high
Paraguayan ex-governor objects to central bank board nominee
Union claims appointment of finance ministry official would damage independence
Old people hit hardest by inflation, research finds
Authors find income effects and “Fisher channel” have the biggest impact on Spanish households
US may release frozen Afghan central bank funds – report
Plan would transfer up to $3.5 billion to the BIS under third-party supervision, source claims
IMF paper explores second-round effects of oil shocks
Authors find oil shocks have greater impact where inflation is already high
Costa Rica continues tightening with 100bp increase
Central bank cites concerns about rising inflation expectations and second-round effects
PBoC holds key interest rate unchanged
State council defers some firms’ tax payments and says it will increase support measures
IMF unlocks $31.9 million for Madagascar
Natural disasters and oil price rises increased fiscal deficit
UK inflation dips below 10%
Lower fuel costs bring down headline figure, but underlying inflation remains strong
Liechtenstein judge confirms he is investigating Lebanese governor
Salameh is now subject of several judicial probes as central bank ends petrol subsidies
Fed’s Waller: rates could go ‘well above’ 4%
Governor projects “significant” September hike and says it is “too early” to judge inflation drop
Hong Kong leader eyes financial summit success amid Singapore rivalry
Hong Kong struggles to balance Covid measures with desire to affirm itself as a top financial hub
ECB raises rates on government deposits to ease transition
Governments should make “alternative arrangements”, ECB says, after pandemic saw deposits rise
BoI’s Yaron highlights mortgage market reform
Bank of Israel measures aim to foster transparency and comparability in key market
IMF paper offers ‘fear-based theory’ of economy
Central banks risk distorting the economy if they don’t move interest rates to offset “fear cycle”
Peru slows down tightening cycle to 25bp hike
Central bank had implemented 50bp rate increases every month since September 2021
Myanmar may go on money laundering blacklist, report says
Opposition calls on New York Fed to unfreeze Myanmar assets to back proposed digital currency
Central banks will be ‘tested’ by long-term inflation – BIS’s Borio
Persistent inflationary forces could bring central banks into conflict with government, official says
People: July to September 2022
A round-up of central bankers in the news and on the move during the past three months