Articles by Central Banking Newsdesk
Risk of hitting ZLB in next three years is low – San Francisco Fed paper
ZLB should not be a concern for monetary policy at this stage, researcher says
Strong dollar is weighing on trade – BIS’s Shin
Advanced-economy monetary policy may have made the problem worse, he says
Trump urges Fed to help win the trade war
Fed’s Williams says tariffs are starting to wear on the economy
Changes in uncertainty can affect US long-term rates – ECB paper
Researchers say “uncertainty shocks” may account for about one-half of long-run rate changes
Swedish governor calls for comprehensive reforms to housing market
Higher house prices boost private debt, which now poses greatest financial risk, adds the governor
Tighter loan-to-value ratios have stronger impact than a reduction
Other regulations might impact the effectiveness of LTV limits, the authors say
Minneapolis Fed president calls on Fed to ‘re-tool’ labour market analysis
Wages are a better means of estimating labour market slack, Kashkari says
IMF staff strike deal for $6 billion Pakistan bailout
Mission chief says central bank should focus on inflation control and exchange rate flexibility
Draghi dismisses crypto assets
ECB head describes bitcoin as “very, very risky”
Capital outflows further reduce Turkey’s reserves in March
Current account deficit falls, but the economy’s weak external position remains unchanged
Judy Shelton could be Trump’s next Fed pick
Shelton, like Trump’s two previous picks, is a gold standard advocate
Fed proposes expanding netting protection eligibility
Move reflects changes to industry landscape since the 2008 financial crisis
Joint project unveils dataset stretching back to 1086
BoE and statistics agencies publish vast collection of historical data
Baltic and Nordic regulators form anti-money laundering group
Move follows wave of scandals over handling of alleged money laundering
US lawmakers establish task forces to examine fintech and AI
Task forces aim to assess risk to economy and investigate regulation surrounding fintech and AI
Israeli reserves rise on higher equity prices in April
Portfolio increased in value by $524 million to $118.7 billion, which represents 32.2% of GDP
Sharon Donnery to step in as acting Central Bank of Ireland governor
Donnery to serve as acting governor for the three months between the terms of Lane and Makhlouf
Denmark’s RTGS proves resilient to liquidity stress test
Kronos responds to IT failure, lack of access to money markets and reduced intraday credit
San Francisco Fed researcher seeks to improve Phillips curve
Introducing an “interaction variable” can increase predictive performance, researcher says
Finnish central bank needs more macro-prudential tools – deputy governor
Increased presence of international investors may increase housing market’s volatility – Nykänen
Fed should consider yield curve targeting – Brainard
NY Fed research outlines how US central bank could target longer-run interest rates
Canadian governor calls for innovation in mortgage market
Poloz says Canada should consider a private market for mortgage-backed securities
Norges Bank governor says new hike rate ‘likely’ in June
Norwegian central bank holds rates, but Olsen says balance of risks means further hike is likely
Turkish central bank tightens monetary policy by the back door
Central bank tries to prevent currency falling amid political pressure not to raise policy rates