Articles by Central Banking Newsdesk
Borio questions Larry Summers on ‘secular stagnation’
Two teams of economists present fresh evidence for divergent views of low real rates
Quarles: FSB to examine too-big-to-fail reforms
Organisation must improve transparency, says chairman Randal Quarles
Europe needs cross-border banking reforms – Lautenschläger
Nations must reform ring-fencing before next crisis hits, says ECB supervisor
Turkish lira depreciates as reserves fall sharply
Forex reserves have fallen by 8% in first three weeks of March, according to central bank data
Bank of Canada joins group of central banks tackling climate change
The network for greening the financial system aims to support Paris agreement’s goals
RBNZ announces members of new monetary policy committee
Four internal and three external MPC members will make monetary policy from May 8
BoE to improve supervision in light of bank’s near-collapse
Report on the Co-op Bank’s near-failure warns ‘open banking’ could throw up new systemic risks
Bank of Jamaica cuts policy rate again
Central bank aims to get inflation back to target range by December 2020
Draghi says ECB could further delay rate hike as inflation disappoints
Weaker growth forecast contributed to reduction in central bank inflation forecast to 1.6% in 2021
US bank holding companies have become less complex – NY Fed paper
Researcher examines organisational, business and geographical complexity in decade after 2007
RBI using suptech to oversee rapidly growing fintech sector – Das
Supervisors need to undertake “accelerated off-site surveillance”, governor says
Yi pledges to continue opening up China’s financial sector
Some measures are yet to be finalised despite end-2018 goal
HKMA grants first three virtual banking licences
Move is “major milestone” for Hong Kong’s efforts to compete as financial centre
Access to cash a priority for UK’s PSR this year – report
Regulator criticised for response to earlier report which said 17% of population would struggle without cash
Latvia may replace regulator’s board several years early
Move comes as Latvian authorities try to respond to allegations of money-laundering
Atlanta’s Bostic lays out case for central banking with ‘ample’ reserves
Floor system performing well and has benefits, says Atlanta Fed president; Harker and Rosengren argue for shift in balance sheet composition
RBI swap operation heavily oversubscribed
Unusual move to inject long-term liquidity into the system draws strong demand from the market
Major Swedish firms surprised by continuing economic expansion
Riksbank survey finds major companies do not see signs of imminent recession
IMF research supports creation of fiscal responsibility laws
Philippine example highlights flaws in “non-binding” ceiling on budget deficit, author says
Fintech experts recruited for New York Fed advisory group
New group will provide gateway for Fed to interact with tech industry leaders
Fed has limited tools to combat climate change impact – San Fran Fed paper
But central banks can do more to research appropriate policy responses to climate change
DNB signs ‘responsible investment charter’
Managers of Dutch central bank funds must use environmental, social and governance criteria
CBDC may see central banks adopt retail lending role – BIS’s Carstens
Two-tier banking system could be turned on its head by CBDC, but BIS will “flash warning light” if central banks fail to appropriately consider stability, Carstens says
Paraguay cuts rates on global instability
Central bank reduces interest rates by 25 basis points to 4.75%