Articles by Central Banking Newsdesk
BoE paper models impact of ‘active’ fiscal policy
Active fiscal policy complicates monetary policy but can generate higher welfare, author says
US unemployment rate stable at 5.9%
Little sign of ‘substantial further progress’ FOMC wants to see before taper
Mexico reminds banks crypto transactions are illegal
After El Salvador bitcoin law, authorities state virtual assets ‘not legal tender in Mexico’
Malawi police arrest former central bank governor and other officials
Kabambe and three others linked to the central bank charged with money laundering
Fed’s CBDC efforts should not be driven by digital yuan, Fed official says
A decision on ‘Fedcoin’ should be independent of action taken by China, says David Andolfatto
RBI scales back predictions of rise in stressed assets
Indian central bank says policy support has helped curb rise in non-performing assets
UK and Singapore to co-operate on regulation
Central banks and finance ministries to co-operate on cyber security and climate impact
Riksbank maintains loose policy
Swedish central bank says it will fully use Skr700 billion portfolio of asset purchases
People: Chile’s central bank appoints new general manager
FCA makes appointments to legal team; Haitian governor to lead financial inclusion initiative
Haldane says inflation targeting faces its ‘most dangerous moment’
BoE chief economist says risks of inflation and fiscal dominance are both on the rise
Sarb celebrates centenary with virtual ceremony
Tributes were paid by former governors, regional central bank representatives and the heads of the IMF and BIS
Eurozone inflation expected to decline in June
Early estimates suggest inflation fell to 1.9%, from 2% in May
Lithuania’s central bank bolsters cash services
Central bank signs agreement with banking sector to maintain minimum level of cash provision
BoE demands changes at Euroclear after system outage
Central bank takes supervisory action over outage that caused “notable” market disruption
ECB launches consultation on supervisory practices
Central bank says exercise aims to boost transparency on its interaction with banks
BIS annual report: ‘disaster averted’ but world ‘not out of the woods’
Report weighs up three scenarios for “pandexit”, none of them without drawbacks
ECB paper investigates macro-pru’s impact on inequality
More research is needed on how borrower-based measures affect income inequality, researchers say
Hong Kong to study ‘e-HKD’ at retail level
Hong Kong will begin study on retail CBDCs and work with PBoC on e-CNY in the next year
Hungarian central bank raises policy rates
MNB says data shows upside risks and pledges to continue bond purchase programmes
ECB’s Panetta: fiscal-monetary co-ordination no danger to independence
Executive board member thinks interaction can be fruitful in attaining inflation goal
Big banks pass Fed stress tests
Quarles: “The banking system is strongly positioned to support the ongoing recovery”
Carney warns CBDC delays play into hands of big tech
Failure to launch CBDC risks entrenching power of tech firms, former BoE governor says
US Congress votes to repeal ‘true lender’ rule
Trump-era provision allowed lenders to partner with big banks, which prompted usury fears
Mexican central bank raises rates for first time since 2018
Governing board votes three to two for hike, citing above-target inflation and upside risks