Articles by Central Banking Newsdesk
BIS paper calls for action on big tech dominance
“Digital platforms” can boost inclusion but may undermine other central bank objectives, authors say
RBNZ deputy governor leaves early over “breach of protocol”
Bascand talked about management restructuring with outside party
Benoît Cœuré to lead French competition authority
BIS Innovation Hub chief and former ECB executive set to return to Paris
Norway’s inflation reaches highest level since 2008
Headline reading reaches 5.3%, while core inflation increases by 0.5% to 1.8%
Bahamas prepares to phase out cheque payments
Central Bank of the Bahamas continues to push digital transformation
DRC central bank cuts benchmark rate by 100 basis points
Central African giant continues loosening monetary policy amid growth and steady inflation
Google data offers real-time indicator of business closures, says BoC research
Google Places database can reveal whether businesses are gone for good or just “hibernating”
Romanian MPC hikes rates again
National Bank of Romania warns of considerable uncertainty over future inflation levels
West African central bank freezes Mali assets
Regional authorities demand Malian military government hold elections as scheduled
Fed’s Clarida resigns after latest trading revelations
Vice-chair departs 17 days early after new disclosures about equities sales
ECB may have to act over energy prices, Schnabel warns
Transition to lower-carbon economy may boost inflationary pressures, says ECB board member
Bank of Israel grants first banking licence in 43 years
One Zero Digital Bank is first digital bank in Israel
People: Brazil’s Campos Neto comes down with Covid
Acting governor in Lesotho; Auer to head Eurosystem Innovation Hub; and more
Labour market news matters for business cycle – BoE paper
Findings suggest previous focus on productivity is too narrow
Kazakh central bank suspends banking operations
Deputy chairman says banking will resume when situation is “stabilised”
Fed’s Clarida reveals large pre-pandemic equities trades
Departing vice-chair files amended disclosure forms, reigniting criticism of Fed leaders
Argentina raises rates for first time since 2020
BCRA raises benchmark rate 200 basis points, as IMF talks continue
SNB predicts rise in profits for 2021
Early estimate suggests profits will be up around Sfr5 billion on 2020 figure
Peru hikes rates 50bp again
Central bank continues tightening programme begun in August
Papua New Guinea reforms central bank and forces out governor
Law changes board and policy framework, and allows central bank financing
RBI launches offline digital payments
Indian central bank hopes scheme will promote digital payments in remote areas
Adel Al-Sharkas appointed Central Bank of Jordan governor
Deputy governor promoted into top job as economy experiences “nascent” recovery
South Sudanese president fires governor for fifth time
President again dismisses governor as country’s economic crisis continues
Mexican government announces CBDC for 2024
Bank of Mexico has yet to comment publicly on the initiative