Articles by Central Banking Newsdesk
Economists win prize for agent-based forecast model
Authors say theirs is the first agent-based model to produce competitive economic forecasts
Sarb paper questions assumption that government debt is low risk
Banks may need to reduce exposure to sovereign debt instruments as fiscal risk rises
IMF sees scope for unconventional monetary policy in Thailand
Yield curve control with forward guidance might be the best option for BoT, fund says
US court throws out suit against fintech charters
Judges dismiss challenge to Comptroller of the Currency on procedural grounds
BoE outlines climate stress tests
Tests planned as “learning exercise” and will not be used to set capital requirements
Eurozone ‘high-yield’ firms face bond market squeeze – ECB paper
ECB could loosen conditions for buying bonds for firms hit by pandemic, economist says
Malawi picks G+D for currency processing contract
German-based firm already provides processing services to the Federal Reserve
El Salvador to make bitcoin legal tender
President claims the move, a first for any country, will aid remittances and financial inclusion
Bank of Finland invests in BIS green fund
Central bank invests $300 million in fund supporting renewables and energy efficiency
BoE says stablecoins must be as trustworthy as commercial bank money
Stablecoins may require tailored regulation and access to emergency liquidity facilities, paper says
El Salvador extends executive control over central bank
Changes exclude employers’ association from nominations and expand grounds for dismissal
New York Fed to begin SMCCF bond sales
Federal Reserve plans to offload $13.7 billion in corporate debt bought as pandemic measure
Central Bank of Chile approves new transparency policy
New initiative based on standards of the IMF’s transparency code
RBI doubles size of quantitative easing programme
Central bank readies additional 1.2 trillion rupee purchase programme as virus “dents” demand
Thailand’s central bank picks G+D for retail CBDC project
BoT will use Filia platform for proof-of-concept
Fed adopts single interest rate for reserves
Amendment eliminates separate figure for excess reserves
NY Fed prepares to sell corporate bond portfolio
Holdings of $13.7 billion were bought under emergency SMCCF programme
DRC promises central bank reforms
Kinshasa makes pledges to IMF in return for $1.5 billion three-year loan
‘Preventive restructuring’ reduces unnecessary bankruptcies – BdF paper
Researchers compare data from French preventive restructuring and traditional bankruptcy systems
Ingves renews attacks on ‘artificial division’ in proposed Riksbank act
Proposal limits policy flexibility and is “wrong way to go”, governor says
Iran dismisses central bank governor
Hemmati is a presidential candidate and was told this was incompatible with governorship
Ghana’s central bank cuts interest rates to 13.5%
Inflationary pressures have all but disappeared, central bank says, but uncertainty around new variants could undermine recovery
Eurozone inflation reaches target for first time since 2018
Early estimates suggest HICP inflation hit 2% in May
RBNZ’s Orr admits ‘shortfalls’ on cyber security
But KPMG report also lays blame on vendor for delays in pushing out critical software update