Articles by Central Banking Newsdesk
Youth disconnect could create ‘less-skilled workforce’ – Dallas Fed
Declining labour force participation is detaching younger people from work, authors find
RBI pauses to assess effects of rate increases
Surprise decision comes as inflation remains outside the central bank’s target band
People: First governor of Congo central bank dies aged 92
Deputy governors depart in Canada and Sweden; and more
Papua New Guinea phasing out cheques
Central bank will stop processing cheques from larger businesses from end-2023
Geopolitical risks set to fuel financial instability, IMF says
Report urges supervisors to integrate this factor into their stress tests
IMF research emphasises link between inflation and fiscal policy
Authors call for spending cuts and large, targeted wealth transfers to the poor
SBP raises rate 100bp amid balance of payments ‘stress’
Inflation continues climb while reserves remain at critically low levels
RBNZ surprises with 50bp rate hike
Damage from cyclone threatens to keep inflation expectations higher
Rates round-up: Mexico and Colombia slow tightening
Guatemala also tightens with 25bp hike; Chile and Dominican Republic continue pauses
Central banks need non-bank liquidity ‘toolbox’, says IMF
Fund says central banks should act as lender of last resort to systemically important non-banks
São Tomé gets loan for RTGS upgrade
Island country lacks automated system
BoE’s Tenreyro urges reframing of QE
Perception that the central bank is “printing money” has been hard to shake
State Bank of Vietnam cuts interest rate
Central bank says Vietnam’s economic growth has faced difficulties
RBA pauses rate hikes as inflation slows
Central bank board has not ruled out further tightening
Fed’s Cook says monetary policy is now restrictive
PCE and core PCE inflation both fall as Cook argues tight banking conditions could ease path
Tech could shake up international monetary system – IMF paper
Inertia likely to maintain status quo in near term, but impact of technology “highly uncertain”
UAE revokes licence for Russia’s MTS Bank
Gulf state was put on the FATF grey list last year
Long-term unemployment can affect inflation – BoE paper
Non-linear Phillips curve helps explain finding that breaks with previous literature
IMF approves $15.6 billion for Ukraine
Fund calls wartime loan “unprecedented” and risky
BoE paper explores ‘anatomy’ of gilts crisis
Detailed account of crisis reveals contagion, concentrated risk and role of wider market players
US regulators fine Wells Fargo for aiding sanctions-busting
Fed and Treasury say bank failed to halt client channelling funds to Iran, Syria and Sudan
Eurozone headline inflation drops sharply
But core figure remains high as service price rises persist
PBoC has lent banks $44 billion for ‘green projects’
Facility helps Chinese and foreign lenders to fund carbon emissions reduction, says governor
Singapore and Malaysia set up cross-border payments link
Travellers can use QR codes to pay for transactions in foreign stores