Articles by Central Banking Newsdesk
Norges Bank governor points out limits of oil-driven spending
Higher public spending based on fund’s return may hamper economic transition, says Olsen
Women paid 20% less than men at BoE
Pay gap shrinks to lowest level since 2017, but remains above UK national average
Bank of Mexico eases again to combat ‘stagnant’ economy
Central bank makes first rate cut since moving to new communications regime
US is still an attractive FDI destination – Fed paper
FDI slowdown in 2017–18 due to corporate restructuring and reversing debt flows, researcher argues
Lawmakers should halt closures of Canadian bank branches – research
Bank of Canada paper urges lawmakers to look at Swedish proposal to keep remote branches open
Advanced economies’ inflation more synchronised – Bank of Spain paper
Headline inflation rates are more highly correlated than core inflation, authors find
Fed open to more than one Libor replacement – Powell
Lawmaker voices concerns that current replacement rate lacks credit sensitivity
Bank of Mexico revamps policy communication
Board members allowed to express individual opinions and voting included in policy statements
ECB and BoJ point to major problem in DLT-based payments
Latest “Project Stella” report says central source of information could create single point of failure
BoE paper highlights non-linearities in bank funding and solvency
Results could be important consideration in stress-test design, authors say
Wider use of LEIs will improve stability, says DNB president
LEI system should be improved and made compulsory for more types of financial data – Klaas Knot
Some countries lack systemic banking crisis resilience – IMF report
IMF staff sketch out priorities for countries’ resolution-planning frameworks
Schnabel takes on Germany’s ‘false narratives’ on ECB policy
Criticism based on “half-truths” imperils trust in single monetary policy and “undermines European cohesion”
BIS paper investigates distributive impact of fintech
Big data likely to reduce “negative prejudice” but could undermine regulation, says Thomas Philippon
Stress test capital buffer ‘on track’ for 2020 testing – Powell
Plans were floated nearly 22 months ago, but Fed yet to offer final rule
‘Intangibles’ may be adding to long-run rate decline – BoE’s Haskel
Economist says “tyranny of collateral” could be a problem for modern economies
Yield curve models overstate chances of US recession – ECB research
Models need to account for effects of QE asset purchases on bond premia, authors say
Fed forecasters now less optimistic on growth – San Fran Fed paper
Forecasters have eliminated “overoptimism” bias in recent years, researchers find
IMF-MAS research says cyber risks can be modelled with limited data
Public data can be used to create unique formulae to model hypothetical cyber attacks
RBA and Bank of Korea expand local currency swap agreement
The initial deal was signed in 2014 and has been renewed every three years
RBI tries to break firm’s dominance in retail payments
NPCI was launched with backing from the central bank, but may have gained too much market power
Global governance is getting harder, warns BoE’s Cunliffe
Fading memories of crisis, new players and Brexit all create challenges, deputy says
RBNZ updates external whistleblower policy
Central bank will not deal with personal workplace issues and is encouraging the use of internal processes where possible
Basel III implementation creating fragmentation, warns FSI paper
Authors say some variation is good, but more could be done to cut fragmentation