Articles by Central Banking Newsdesk
Iran to cut four zeros from currency
Currency continues to depreciate, inflation climbs and growth slows
US interbank market may not recover from QE – Fed paper
Authors warn shrinking the Fed balance sheet might not be enough to revive the market
Turkish central bank to hold extraordinary general meeting
January meeting likely to see early profit distribution to government, ahead of local elections
New governor starts work at Belgian central bank
Former vice-governor Pierre Wunsch is backed by centre-right Francophone party
US payrolls data proves strong
Non-farm payrolls beat expectations and wage growth rises, despite fears of a global slowdown
Report reveals damage caused by Bank of Mongolia’s ‘quasi-fiscal’ policies
Discontinued policies may have undermined key parts of the central bank’s mandate, created inflation and generated huge losses, report finds
Conventional models beat machine learning in predicting crises, paper finds
Bundesbank paper contrasts performance of logit approach to machine learning
Chinese central bank again seeks to boost lending to small businesses
PBoC doubles threshold for loans exempted under reserve-ratio requirements
Lower interest rates make risky investments more likely – BoE paper
Gains from gambling increase when rates are low, researcher argues
Price shocks worse with poorly anchored inflation expectations – IMF paper
Inflation rises less and falls quicker after shocks when expectations are well anchored, study finds
Two women will join Bank of England’s financial policy committee
Colette Bowe and Jayne-Anne Gadhia to join FPC later this year
Long-serving South African deputy governor resigns
Francois Groepe has been in post since 2004 and ran national payment system
ECB appoints administrators to run Italian bank Carige
Resolution of troubled bank may face political difficulties
Low rates can encourage risk-taking – BoE paper
Author models the risk-taking channel of monetary policy alongside a “bankruptcy channel”
Euro area wage growth appears sustainable – ECB bulletin
ECB wage analysis shows increases are no longer being driven primarily by ‘wage drift’
Diverging regulatory policies could spell trouble for banks, report says
Deloitte says there are obvious signs of regulatory divergence as regulators and supervise focus on national policies
RBI reverses course on restructuring of troubled loans
Decision goes against previous demands that banks cease policy of “extend and pretend”
Minority representation at BoE requires ‘step change’ – Carney
Minority groups are underrepresented, report lower satisfaction and suffer higher staff turnover
Bank of Mexico raises rates on high inflation and policy uncertainty
The governing board increased the policy rate by 25 basis points to 8.25%
US regulators find ‘shortcomings’ in foreign bank living wills
Banks will have to correct the problems when they next file a resolution plan
‘Key currencies’ affect patterns of global imbalances – BIS paper
Authors say it is important to think about a “dollar zone” not just the dollar
Number of risky housing loans issued in 2018 drops, says Danish central bank
Limits on loan-to-value and debt-to-income ratios have seen reduction on risky loans
Indonesia holds rates on solid growth and stronger rupiah
Higher rates through 2018 have attracted capital and helped keep inflation on target
Europe approves post-Brexit CCP and CSD framework
EC adopts temporary regime to allow UK CCPs and CSDs to continue operating for 12 months after Brexit; BoE and Esma in talks to ensure efficient supervision