Articles by Central Banking Newsdesk
Central Banking Awards 2023: highlights from the ceremony
Event heard from award winners including Stefan Ingves, Shaktikanta Das and Andriy Pyshnyy
RBI expands branch network to north-east India
Kohima branch gives central bank presence in six of region’s seven states
BoJ sticks to ultra-loose monetary policy
Japan’s inflation has exceeded 2% target for a year, but central bank is unconvinced it is sustainable
Costa Rica proposes strengthening central bank independence
Government wants to remove finance minister from board and change audit procedures
RBA to pay back around 1,200 underpaid staff
Australian central bank admits hiring firm at centre of tax scandal to resolve pay problem
Cash here to stay, at least as a store of value
Central Banking Summer Meetings: As cash use in payments decline, it may become unprofitable for private actors
Senior US officials criticise new third-party risk guidance
Members of Fed and FDIC boards object to vagueness and burdens on smaller banks
Argentina defers over $15 billion interest in debt swap
Struggling country eases fiscal pressures while inflation continues rising
Pakistan holds rates despite high inflation
Reserves resume fall as balance of payments crisis continues
Former PBoC deputy governor expelled from Communist party
Anti-corruption body accuses fintech and pyaments overseer Fan Yifei of accepting large bribes
Angolan governor leaves role to join cabinet
Massano takes over economics portfolio after violent protests against fuel price hike
Bank Negara Malaysia veteran named as next governor
Shamsiah will step down when her first term ends, handing over to current deputy governor
Chile’s cash use has rebounded since pandemic, survey finds
Cash remains the primary payment method for small purchases, though card use has risen
Populists can pressure central banks to cut rates, paper finds
Researchers say the most populist governments can get rates lowered by 30 basis points
Eurozone’s economy contracts for two quarters running
Economic contraction will be a focal point of ECB meeting on June 15
Philippine central bank cuts lenders’ reserve requirements
Move comes after BSP paused monetary tightening in May
More central clearing could have eased Covid shock – BoE paper
Efficiencies for dealer balance sheets could allow banks to play greater stabilising role, authors say
Eurozone carbon tax hike would cause small GDP fall, paper finds
Raising tax to rate consistent with net zero would create only transient inflation, researchers say
RBI holds rate despite stubborn inflation
Policy-makers hint at need for further tightening as inflation stays above target
Thugge confirmed as next Kenya governor
President’s adviser gets parliamentary approval and calls for dollar bonds to boost reserves
People: Israel appoints new chief supervisor
IDB appoints chief operating officer; IADI gets new head; and more
ECB paper examines green regulation’s productivity impact
Tougher rules seem to hurt productivity, but might raise it over longer horizons, researchers say
Data privacy laws can boost fintech lending – BIS paper
Study finds Californian law led to more data being shared with fintech firms
Central banks’ pandemic interventions averaged 6% of GDP
IMF paper finds relief measures were three times bigger than in global financial crisis