Articles by Central Banking Newsdesk
Haldane and co-authors conclude QE has made UK happier
Authors use survey data to track QE’s impact on household balance sheets
EME financial markets are still vulnerable – BIS paper
Covid crisis has shown further market development work is needed, writes head of CGFS secretariat
Bank of Mauritius extends Covid-19 support measures
Central bank extends loan support programme and increases foreign exchange funding
FSB and BCBS survey finds ‘major’ challenges remain in Libor transition
Report highlights data gaps, issues with developing new products, and problem of “tough legacy” contracts
Malawi’s new president dismisses governor
Former World Bank official will take over central bank as country faces uncertain outlook
US should extend benefit payments for long lockdown – ECB paper
If lockdown has to continue, lawmakers should further extend benefits to avoid major damage
Sri Lankan MPC cuts policy rate to record low
Central bank calls on commercial banks to pass on looser policy’s benefits “without delay”
Fintech can worsen inequality, BIS paper warns
Diffusion of technology helps to spread the benefits evenly, authors say
Fed’s repo market footprint goes back to zero
NY Fed has no outstanding repo interventions for first time in 10 months
Angola to issue its first polymer banknotes
Governor says new banknote series will improve security and durability, and cut costs
Common asset holdings important for stress testing – BoE paper
When banks and non-banks hold the same assets, losses can be magnified, authors warn
Headline inflation to stray into negative territory, Bank of Thailand reports
Sharp decline in oil prices and government measures push forecast for headline inflation to -1.7%
Banks will be tested in next phase of pandemic – FSB chair
Reforms are needed to improve resolution planning and non-bank resilience, Randal Quarles says
Growth has replaced slack in Phillips curve relationship – Cleveland Fed paper
Findings could have “substantial disinflationary” implications during current recession, researchers say
People: CBSL gains board members; RBNZ forms new department
RBNZ fills two new payments roles; long-time Danish official retires from the central bank; ECB comms chief moves to private sector
Sudanese central bank receives ‘militia leader’s money’, report says
Militia leader demanded seat on economic council in return for cash payment, report alleges
Bank Negara Malaysia cuts policy rate to fresh low
Labour market weakness and cautious households may hamper recovery, central bank warns
Bank of Israel launches corporate bond purchases
Central bank also extends cheap funding for bank lending
Bank of Japan to begin testing CBDC
BoJ publishes report on feasibility of digital yen, a surprise move after governor’s ‘lack of demand’ comment
‘Careful’ regulation needed to prevent fintech financial exclusion – IMF
New technology must not be taken for granted during Covid-19 recovery, researchers say
Covid-19 is chance to lower carbon dioxide trajectory – SF Fed research
CO2 emissions likely to fall dramatically in 2020; targeted fiscal spending and telecommuting trends could cut trajectory, researchers say
UK’s ‘Big Four’ told to separate audit practices
Major shake-up of accounting firms comes in wake of the Wirecard scandal
World Bank strengthens presence in Africa
Second vice-president appointed to region to help “align resources with priorities”
US forward guidance is contractionary for Canada – BIS paper
Model highlights “beggar-thy-neighbour” effect of Fed’s forward guidance