Articles by Central Banking Newsdesk
Pakistan passes central bank autonomy law
Senate approval brings country closer to meeting IMF loan requirements
IMF warns Chinese economic recovery ‘lacks balance’
Focus on investment has set back progress towards “high-quality” growth, fund says
IMF staff agree outline of deal with Argentina
Argentina accepts need for policy framework leading to positive interest rates, IMF says
BIS paper challenges standard theories of term structure
“Expectation errors”, not term premia, create biased predictions of short-term rate – researchers
Sarb raises rates 25 basis points as inflation rises
MPC votes by four to one for hike, as inflation nears top of target range
Costa Rica orders second consecutive rate hike
Inflation remains within target band but risks “lean to the upside”, board says
IMF pares back forecasts as world faces ‘multiple challenges’
Omicron variant, supply disruptions and inflation threaten to hold back recovery, says Gita Gopinath
Holocaust survivor reparations boosted families’ education and wages
Bank of Israel paper studies the long-term consequences of compensation received by victims
IMF warns El Salvador on crypto
Executive board recommends “removing bitcoin’s legal tender status”
‘Flood’ of reserves may not boost liquidity, say Acharya and Rajan
Central bank balance sheet expansion could harm liquidity in some cases, former RBI officials find
Russian central bank halts FX purchases as currency slides
Ruble hits 14-month low as fears grow that Putin will invade Ukraine
BIS unveils 2022 programmes for innovation hubs
Focus is on CBDC, payments, DeFi, green finance, and first projects in London and Stockholm
Fed keeps investors guessing on speed and endpoint of tightening
Investors generally agree the Fed will tighten policy, but how much and when are unclear
MAS aims for stronger Singapore dollar to resist inflation
Faster appreciation needed due to “rapidly accumulating” inflationary pressures, authority says
Only some firms pay attention to economic news – Bank of Canada paper
Attention is “polarised and counter-cyclical”, affecting policy impact, researchers find
Paraguayan policy-makers weigh inflation against drought and pandemic
Monetary policy committee opts for smaller rate hike as economy faces difficult outlook
Kazakh central bank warns of inflation pressure after protests
Policy-makers opt for 50bp rate hike to curb possible inflation surge
Eurozone deficits and debt declined in Q3 2021
But debt levels in the bloc remain at high levels, especially in Southern Europe
Monetary policy impacts financial stability – BIS paper
“Leaning against” booms may be better goal than strict inflation targeting, say researchers
Brazil central bank employees join strike action
Public sector workers walked out on January 18 to protest refusal to increase pay
People’s Bank of China continues rate cuts
Cuts follow weaker growth figures as deputy governor promises stable credit growth
Banks can exploit imperfectly informed investors – BIS paper
Some banks gain additional funding from investors who underestimate their credit risk, analysts find
Pakistan’s central bank asks government to rethink Afghan scheme
Channelling donations to Afghanistan might violate international regulations, central bank warns
Central banks essential to preserve trust in money – Carstens
Companies may fragment monetary system through competing stablecoins, warns BIS chief