Articles by Central Banking Newsdesk
Pakistan raises rates 100bp amid reserves crisis
Reserves now only enough to cover about three weeks of imports
People: Former PNG central bank governor dies
Bank of Canada appoints non-executive deputy governor; Patra’s term at RBI extended
Japanese inflation hits 41-year high
Inflation now double the BoJ’s target, but officials are not convinced it will last
Somalia plans to introduce new notes by 2024
Country has become dollarised since the collapse of the central government in 1991
South Sudan central bank orders pricing in pounds
Governor orders end to use of pricing in foreign currencies in private and public sectors
Danish National Bank gets new governor
Christian Kettel Thomsen had long career at finance ministry and served as EIB vice-president
Alan Budd: 1937–2023
Economist played key role in establishing BoE’s inflation-targeting framework
Ethiopian PM nominates new central bank governor
“Young technocrat” Mamo Mihretu has served as head of sovereign wealth fund
‘Funding for lending’ may suffer side effects – BIS committee
Survey finds lending schemes tend to be effective, but firms may become dependent
Cuban foreign exchange reserves have fallen, state says
Unusual disclosure in official publication sparks speculation about country’s financial position
Malaysian central bank holds rates while Indonesia hikes again
Both countries report marginal rises in inflation and BNM warns of global growth slowdown
Capital buffers not all working as intended – BoE paper
Some banks raised rates and contracted credit supply during the Covid-19 crisis
“Make-up” strategies may boost monetary policy, says paper
Price-level and average inflation targeting regimes stabilise import-related inflation, researchers find
Monetary tightening has ‘rapid’ effect on spending – BIS paper
Study finds conventional policy tools have bigger impact on consumption than unconventional ones
FSB finds implementation of non-bank reforms still ‘incomplete’
Banks are well insulated but more progress needed on liquidity management and securities financing
Bank of Japan defies expectations of yield curve change
Governor says it will take time for last month’s yield curve tweak to play out
Nepal central bank prohibits overseas investments
Move follows import restrictions in 2022
European investigators meet with former Lebanese deputy governor
Prosecutor says he will appoint new judge to investigate corruption allegations against Riad Salameh
Central Bank of Bahrain governor celebrates Binance launch
Expansion into gulf state comes as other crypto exchanges cut their workforces
‘Geo-economic fragmentation’ could cut GDP by 12%, says IMF
Georgieva says world faces “new Cold War”, putting global financial stability at risk
Mark-ups made up more than 50% of US inflation – Kansas City Fed
Rise in mark-ups may point to opportunistic pricing by firms
Russia and Iran discuss joint gold-backed stablecoin
Digital currency would be used for foreign trade settlements in special economic zone
Nigerian lawyers call for security service to end pursuit of governor
Former governor was also arrested in case seen as politically motivated, senior lawyer says
BoE paper finds non-banks act as global stabilisers
Non-bank firms help dampen the impact of US monetary policy spillovers, authors find