Articles by Central Banking Newsdesk
US agencies conduct ‘policy sprints’ to tackle crypto risks
Approach modelled around “tech sprints” aims to get results quickly
RBNZ continues tightening as inflation approaches 5%
Rising commodity and transport costs see central bank overshoot 2% inflation target
Financial crises can radicalise voters – BIS paper
German banking crisis in 1931 contributed to the rise of the Nazi party, researchers find
RBNZ prepares curbs on debt service
Central bank is concerned by “very high debt” and “unsustainable house prices”
IMF renews Mexico’s Flexible Credit Line
Two-year programme reduces funds from about $61 billion to $50 billion
Paraguay continues tightening with second 125bp hike
Inflation rises far above 4% target, reaching 7.6% in October
ECB says banks are falling short on climate risk
Actions are “too slow” and no supervised bank is “close” to meeting expectations, central bank says
Weidmann clashes with Lagarde on policy outlook
Bundesbank president said policy may have to tighten just after Lagarde said it would likely stay loose
BoE’s new RTGS system to be open 24/7 ‘if required’
Should industry require it, the upgraded system will be operational continuously
People: Knot to assume FSB chairmanship
New board members appointed at central banks in Brazil and Peru
CPMI proposes ‘global settlement window’
BIS committee says window could work as focal point for aligning payment systems worldwide
RBA stepping up CBDC research despite scepticism over use
Australian central bank is concerned private sector firms could dominate payments sector
Sarb raises rates for first time in 17 months
MPC splits three to two on vote to increase rates
People: RBNZ chief economist to leave after 25 years
ECB appoints lead for digital euro project and new director for banknote department
OECD’s total GDP surpasses pre-pandemic level
Organisation says many countries’ GDP still lags behind, and growth is now slowing
ECB paper examines exchange rates and household consumption
Exchange rate elasticity of household consumption driven largely by industrial goods - researchers
Qatari emir names new central bank governor
Abdulla Bin Saoud Al-Thani leaves QCB leadership after 15 years
Basel Committee launches principles for climate supervision
Basel framework can accommodate climate risks, but supervisors need guidance, committee says
Low unemployment rate will be learning experience for RBA – Lowe
Central bank maintains it will not raise rates until 2024, unless forecasts turn out “very differently”
Vietnam’s central bank warns of high inflation risk in 2022
Governor Nguyen Thi Hong admits bad debts have increased, as banks struggle with impact of Covid
BoJ projects inflation will climb to 1% by mid-2022
Haruhiko Kuroda says BoJ must continue “powerful” monetary easing with QQE and yield curve control
Swedish inflation rose further in October
CPIF increased year on year by 3.1% last month; Riksbank expected to reduce balance sheet
Bank Negara Malaysia set to implement consumer credit law
“Long-awaited” law will regulate consumer lending in Malaysia, including “buy now, pay later”
Marcel: New constitution should protect central bank independence
Chile governor gives presentation before historic constitutional convention