Articles by Central Banking Newsdesk
Cypriot governor and NBIM chief executive contract Covid-19
Herodotou and Tangen become latest central bank officials to test positive for the virus
Saudis and UAE say shared CBDC is technically possible
“Project Aber” shows DLT can be used to upgrade cross-border payments, central banks say
Pandemic accelerates decline in eurozone cash usage – ECB
During 2016-19 cash gradually declined as means of payment, but was still first option
Eurozone unemployment falls slightly
Unemployment falls to 8.4%, but youth joblessness is much higher at 18%
Early estimate says eurozone inflation staying put
Eurostat estimates for November show core inflation also remained stable at 0.2%
RBA board not expecting to raise rates for three years – Lowe
Australian central bank leaves rates unchanged as governor forecasts unemployment will fall slowly
Sri Lanka’s central bank picks SimCorp to manage reserves
Platform will handle both internally and externally managed funds
ECB paper looks at cross-border macro-prudential effects
Imposing capital buffers cuts risk-taking and lending by foreign subsidiaries, researchers find
Singapore non-bank firms can use real-time payments systems – MAS
“Major payment institutions” will be able to use two real-time systems from February 2021
Gambian president appoints new governor
Senior bureaucrat at finance ministry takes role as previous governor becomes trade minister
Covid-19 likely to have major effect on UK cash usage – BoE
Risk of Covid transmission via banknotes diminishes significantly over time, BoE study finds
UAE central bank opens new fintech office
New office aims to attract international investors, central bank says
Jim Wolfensohn, 1933–2020
David Malpass leads tributes, saying former World Bank chief “transformed” the way it did business
Icelandic Central Bank’s female employees earn slightly more than men
Central bank says figures indicate there is no unexplained pay gap
FCA starts to move firms’ data to new platform
UK regulator says RegData platform is faster and more accessible than previous system
Green firms see equities rise as climate concerns grow – NBB paper
Researchers track relationship between media coverage and large firms’ equity values
Stablecoins could allow for ‘embedded supervision’ – BIS paper
But authors say CBDCs may be a more effective means of achieving the same goal
RBNZ considers greater focus on house prices in MPC decisions
Government is concerned house price rises are excluding people from the market
FSB warns of ‘breadth and magnitude’ of climate risks
Report warns climate risk could be more challenging to address than other economic risks
Excess liquidity can weaken policy transmission – BoE paper
“Novel dataset” sheds light on possible unintended consequences of crisis-fighting measures
Biden to nominate Janet Yellen as Treasury secretary
Former Fed chair would become first person to have led central bank, Treasury, and Council of Economic Advisers
People: Bangladesh appoints deputy; Elderson has bumpy ride
Bangladesh Bank names new deputy; Elderson passes EU parliament vote despite opposition
G20 agrees ‘common framework’ on debt relief
Leaders welcome decision, but criticise private sector for failure to act
Malta appoints finance minister as new governor
Edward Scicluna to replace Mario Vella, who will oversee economic relations with the UK