Articles by Central Banking Newsdesk
Cain withdraws candidacy for Fed governorship
Trump’s pick faced widespread opposition due to partisan views aligned with the White House
RBI proposes regulatory sandbox in bid to grow fintech sector
Draft proposal would enable 10–12 companies to operate without usual regulations
Fed proposes leverage ratio exemption for custody banks
Latest regulatory easing proposal would see custodians gain exemption for some assets
IMF budget flat for another year
Fund faces eighth year with its budget unchanged in real terms
Europe needs supervisory standards for climate risks – Lautenschläger
ECB official says standards should be worked out rapidly in modular form
Politicians pressured Sarb to help allegedly corrupt figures – governor
South African central bank was told to give banking licence to Gupta family – Kganygago
NY Fed official sketches key factors for balance sheet plans
Fed’s nominal securities purchases may be higher than before crisis, official says
Equity market uncertainty can reduce real GDP – researcher
Equity market volatility in Q4 2018 could reduce the policy rate path by 50bp, says researcher
US imposes sanctions on Venezuelan central bank
Trump administration attempts to close one of Maduro regime’s last sources of external financing
Bundesbank official calls for pan-European mobile payments champion
Board member hopes Europe can compete with US and China in fintech
Bank of Israel slams critical report into supervision
So-called Tycoon Committee “ignores material facts” and reaches “mistaken conclusions”, says central bank
Central banks urged to take four key climate actions
Network for Greening the Financial System releases its first comprehensive report
Fed should target inflation range – Boston president
Policy is similar to price level and inflation averaging targets, but is easier to explain, Rosengren says
Namibia’s central bank slashes economic growth forecast
Bank of Namibia reduces predicted GDP growth to just 0.3%
PRA breaks new ground on climate risk supervision
BoE says it is the first regulator worldwide to set expectations for firms in tackling climate risks
Kazakhstan cuts interest rates under pressure from president
Cut to 9% comes just days after president ordered change
People: Saunders and Kashyap reappointed to BoE committees
BoE reappoints its most hawkish member to Monetary Policy Committee; RBNZ gains new chief economist; ESM appoints new audit board member
IMF’s Adrian says central banks should disclose climate risk exposure
Data gaps make it harder for central banks to set appropriate climate stress tests, he says
Consensus over Fed inflation target shifted during Great Recession – San Fran Fed
Up until the 2008 crisis, most FOMC participants preferred a 1.5% target, researchers find
Irish central bank welcomes ‘culture board’ in bid to change banks
Board must enforce changes called for by central bank reports, Derville Rowland says
Draghi expresses concern over Fed independence
ECB governor says he is “especially” worried by events in US
RBI’s Das questions convention of 25-basis point hikes
“Let me try and somewhat shock you,” says governor
Brexit muddies water in search for Carney replacement
UK chancellor says candidates are put off by the thought of having to debate politics
Fintech firms could encourage regulatory risk management update – Fed’s Bowman
Some regulations may need to be changed to ensure community banks can access third-party products