Articles by Central Banking Newsdesk
Long-term data can shed light on current inflation – NBER paper
Authors suggest first half of 20th century has clearer parallel to current inflation than 1970s
Campos Neto predicts end of credit cards
Brazil governor says Pix will be model for region’s payment systems
Central banks should ‘overestimate’ inflation persistence, says economist
Academic argues central banks should act as if exogenous shocks are likely to be persistent
RBI’s Patra envisages India as ‘economic superpower’
India has chance to achieve “escape velocity” from emerging market status, deputy says
ECB rate hikes could damage climate change policies, paper finds
Researchers claim tighter financing conditions will hamper transition to capital-intensive green technologies
Rates round-up: Argentina adds 950bp to main rate
Central banks in Argentina, Peru, Rwanda, Serbia and Uganda tighten policy
Firms use supply chains to predict inflation – IMF paper
Authors find expectation formation diverges from rational expectations hypothesis
Malaysian central bank plays down impact of potential data breach
BNM says Malaysia’s payment system remains “safe and secure”
Philippine central bank to freeze licensing of digital asset firms
Existing financial institutions under the BSP’s supervision can still apply for a licence
Kuwait raises policy rate 25bp
Central bank usually times increases to match FOMC meetings
HKMA invites CBDC business plans from private sector
Banks and tech companies may be invited to work with the central bank on future CBDC research
Monetary policy ‘increasingly synchronised’, say IMF officials
Very few central banks have bucked the global trend since the start of the pandemic
PBoC vows not to flood economy with liquidity
Chinese central bank warns of rising structural inflation pressures
Colombian study estimates policy impact on capital flows
Meta-analysis using web scraping finds central banks have more control over some flows than others
El Salvador abolishes statistics agency
Central bank will absorb body that calculates inflation
Thailand raises rates for first time since 2018
Bank of Thailand signals more “gradual and measured” rate increases to come
People: Pimco re-hires Fed’s Clarida
Burundian president replaces central bank chief; Israeli research chief stepping down
Central banks weighing up CBDC offline alternatives
Institutions are testing ways of allowing digital payments without the internet
Moldova raises rates as inflation hits 31.8%
Policy interest rate reaches new record high
Australian central bank launches CBDC research project
RBA says it will look into different use cases of digital currency
Activity-based regulation will not guarantee level playing field – BIS paper
Authors propose framework to clarify use of entity- and activity-based regulations
Israeli reserves increase on higher equity prices
Portfolio increases by over $4 billion in July to $197.8 billion
Romania continues tightening cycle with 75bp rise
Eighth consecutive increase comes as headline inflation passes 15%
South Sudan president fires sixth governor
Moses Makur Deng ends seven-month stint as currency depreciates