Articles by Central Banking Newsdesk
Norges Bank holds rates due to Covid fears
Norwegian central bank thinks the spread of Covid-19 likely to slow down recovery
People: Iceland’s central bank makes senior appointments
New legal head at Bank of Finland, and Bank of Israel appoints spokesperson and IT chief
Riksbank governor criticises proposed central bank law
Lawmakers’ proposal would damage ability to deal with crises and reduce independence – Ingves
BIS paper warns economies may stagnate after Covid-19
Author models the structural changes brought about by the coronavirus pandemic
Brazilian Senate passes bill increasing central bank independence
Legislation still needs to be approved by the lower chamber of Congress
Barbados governor hits back at AML ‘blacklisting’
Action by EU is “pernicious” amid pandemic and IMF programme, says Cleviston Haynes
ECB paper looks at interest rate-growth differential
Several factors are likely to push differential up for some eurozone countries, say researchers
Disintermediation caused by CBDC can be prevented – research
Central banks can use lender of last resort power and decrease CBDC remuneration
Sri Lanka central bank sees signs of ‘strong recovery’
Signs of bounce-back in the economy but recent surge in virus cases could cause problems
Singapore’s central bank discontinues issuance of $1,000 banknote
Highest denomination will remain legal tender, but new issuance will cease at the end of 2020
RBA cuts rate and ramps up yield curve control
Economy is rebounding but central bank is worried about high unemployment
ECB slows down PEPP purchases
Purchases reached €12.6 billion in the week to October 30, the lowest level since PEPP was launched
Tunisian central bank forces state to cut spending plans
Prime minister abandons plan to widen deficit to 14% of GDP after governor refuses to finance it
Dollar funding drives global house price movements – BIS paper
Non-US banks often depend heavily on dollar funding to issue mortgages, authors show
RBA announces wholesale CBDC project
Australia’s central bank partners with ConsenSys and local banks for proof of concept
Covid-19 accelerates cash decline in Sweden
Riksbank report shows payments through Swish have already overtaken cash
BoE extends contract with De La Rue
UK printer will help central bank continue to develop printing site as world leader
Fed eases terms on emergency facility as uncertainty rises
High-frequency indicators suggest US recovery is slowing amid resurgence of virus cases
Egyptian central bank fires head of largest commercial lender
Governor holds emergency meeting with lender’s board but nature of problems is unclear
Fed paper presents model of Covid-19 trade-offs
Data-driven model implies lockdown can work if a vaccine can be developed quickly enough
Argentina changes rates without public notification
Central bank continues its plan to close the gap between main policy rates
Paper offers method for evaluating machine learning models
Bank of Spain paper looks at cost and benefits of ML models for predicting credit defaults
Bundesbank paper looks at consequences of weak supervision
Supervisors seen as less likely to intervene give banks incentive to stay undercapitalised - researchers
New polymer banknotes are greener and cheaper – T&T governor
Central bank plans to review coin denomination usage later this year, Alvin Hilaire says