Articles by Central Banking Newsdesk
US CPI inflation rises to 5.4%
Prices continue upward climb, but policy-makers still see pressures as temporary
ECB calls for changes to draft Austrian central bank law
Mechanism for paying productivity council’s head would be monetary financing, ECB says
MAS consults on ‘Cosmic’ risk info-sharing platform
Digital platform for AML/CFT information sharing could be launched as soon as 2023
Clarida: ‘Stagflation is not my baseline case’
Fed vice-chair says inflation situation not akin to 1970s
IMF: growth prospects dim as pandemic lingers
Fund revises down growth forecasts, warning of inflation, disruption and divergence
UK government mulls giving BoE new payment supervision powers
BoE would oversee firms within the broader ‘payment chain’
Georgieva keeps job as Yellen promises further scrutiny
Evidence did not “conclusively demonstrate” the IMF chief played an “improper role”
Cubero calls for expanded IMF role
Costa Rica governor endorses Resilience and Stability Trust proposal
IMF board fails to decide on Georgieva
US and Japan call for resignation but China and many European countries back IMF head
FSB to press ahead with money market fund reforms
Asset managers had argued turbulence in MMFs during Covid was symptom of stress not cause
Unemployment falls across North America
US recovery is weaker than expected, while Canada reaches pre-pandemic jobs levels
Empirical economists win Nobel Prize
Card, Angrist and Imbens share prize for work on labour markets and causality
China’s financial market at risk of ‘distress’, RBA report warns
Authorities may have to choose between market discipline and intervention to save Evergrande
Peru central bank raises rates for third time in two months
BCRP forecasts inflation will return to target, but expresses concern over expectations
RBNZ names new deputy governor amid leadership changes
New Zealand central bank expands senior management and says CFO will leave in May
Peru’s president re-nominates long-standing governor
Economy minister says Julio Velarde is an “excellent professional”
Cœuré warns ‘analogue’ supervisors must adapt to digital world
BIS official says growth of fintech demands supervisors respond with technology of their own
People: US Senate confirms CFPB head
Israel adds new member to MPC; Swiss deputy governor will undergo heart surgery
BIS paper outlines model of managed floats
Framework captures financial frictions while being simpler than other models, authors say
Bank of Israel again holds rate steady
But MPC signals it is ready to end QE programme if economic recovery continues
CPMI and Iosco say systemic stablecoins must meet FMI principles
Stablecoins perform similar functions to other financial market infrastructures, say bodies
Greater competition cut US banks’ ‘insider lending’ – BdF paper
Researchers quantify bank owners’ and executives’ loans to themselves and their interests
Iceland tightens policy to tame inflation
Inflation rose to 4.4% in September, above the central bank’s 2.5% target
RBNZ begins monetary tightening with 25bp hike
Central bank is confident inflation will return to target, but says growth will be “volatile”