Articles by Central Banking Newsdesk
BoE paper studies CoCo effects in ‘one-shot game’
Game theoretic approach suggests CoCos cut risk-taking in certain circumstances
Riksbank’s negative rates successfully passed through to economy – research
Findings contrast with recent work by Larry Summers and co-authors
RBI governor: India must ‘brace’ for global turbulence
Shaktikanta Das stresses need to stay firm on banks’ asset quality, despite earlier leniency
New chairman takes over at Bermuda Monetary Authority
Gerald Simons retires after six years in the post; chief executive now holds both senior posts
Paper proposes ‘re-engineering’ US statistics
System for compiling statistics is dated and overly complex, authors say
IMF expects global growth to slow further in 2019
“Significantly higher” and “increasingly intertwined” risks weigh on global growth, Lagarde says
People: Albania appoints new deputy governor
Luljeta Minxhozi joins Bank of Albania; Netherlands Bank loses chief investment officer; Chile appoints first technology manager; and more
Crypto assets hobbled by proof of work, finds BIS economist
Raphael Auer says bitcoin payments could take “nearly a year” to become truly final
Innovation prompts firms to hold more cash – IMF paper
Firms must hold enough liquidity to insure against risky research and development
Establishing the Fed worsened the Great Depression – St Louis Fed paper
Setting up lender of last resort reduced banks’ incentive to manage risk, paper argues
Central Banking Awards 2019: first winners announced
Reserve manager, initiative, asset manager, innovation in reserve management, global markets, custody and specialised lending awards unveiled
Nigerian central bank to set up national micro-lender
Leading presidential candidate says he will not give governor a second term
Brexit might allow simpler regulation for small UK firms – PRA chief
Sam Woods says “simpler, not weaker” regulation might boost both competition and safety
Turkish central bank makes early payout to government
Extraordinary general meeting sees CBRT agree to similar actions in future
Fall in technology use helped slow Canadian productivity, BoC paper finds
But slowdown in labour productivity began eight years before fall in technology use – researchers
Summers and co-authors find negative rates can be contractionary
Policy rate cuts below zero can lead to higher lending rates by commercial banks, authors find
Indonesia keeps rates unchanged
Governor signals benchmark rate is “almost at its peak”
Central bank’s headline inflation projections improve significantly
Central bank’s headline inflation projections improve significantly over near term, but inflation still forecast to climb to 5.3%
CBSL resorts to monetary financing amid wait for IMF talks
Central bank promises loan to government will be unwound in the first quarter of 2019; IMF talks scheduled for mid-February
Ireland ready to shield insurance policy-holders in ‘hard Brexit’ – deputy governor
Irish financial system should prove resilient if UK quits EU without a deal, Ed Sibley says
UK lawmakers demand fix for RPI miscalculation
House of Lords says Statistics Authority’s failure to fix error has left many members of public poorer
Costa Rica credit rating downgraded two notches amid persistent fiscal deficit
Fitch Ratings revised rating down despite early repayment of central bank and fiscal reforms
ECB revamps code of conduct for high-level officials
National governors and SSM board members must adhere to policy communication rules
Norges Bank excludes three companies from SWF
Central bank sanctions firms due to human rights and environmental violations