Articles by Central Banking Newsdesk
New York Fed publishes nowcasting code
Matlab code for estimating a dynamic factor model now available in online repository
West Bank weakness drives economic slowdown in Palestine
Palestine Monetary Authority notes “significant drop” in West Bank conditions index
Non-linear mortgage features can impact policymaking – BoE paper
Non-linear features of mortgages impact policymaking in a DSGE model, the authors find
Imperfect algorithms impact market pricing – Fed paper
News-parsing algorithms create temporary distortions and may cut liquidity, paper finds
US stimulus could accelerate policy normalisation – IMF research
Higher growth could increase imbalances and fuel calls for more protectionism
IMF backs RBI’s Patel in call for full oversight powers
Fund urges Indian authorities to grant the central bank full powers over public sector banks
Central Bank of Myanmar governor reappointed
The 79-year-old junta-era official will lead the central bank until 2023, but some observers see him as an obstacle to change
RBA trims inflation projections on low wage growth
Weaker outlook leads RBA to cut CPI forecasts to 1.75% in December 2018 from 2.25%
Trade uncertainty keeps Bank of Mexico on hold
Central bank leaves interest rates at 7.75%; revises up inflation expectations
Philippines central bank makes biggest hike of 2018
Central bank raises interest rates by 50bp on the back of mounting inflation pressures
Standard-setters update analysis of CCP network
Basel-based organisations find network has only shifted somewhat in the past year
Eurozone mortgage lending back to pre-crisis levels – ECB
New loans reached 4.5% of GDP in the year to March 2018; average since 2001 is 4.4%
Strong US economy reduces risks from normalisation – Barkin
Richmond Fed president points out consumers are increasingly concerned about tariffs
Turkish lira plunges again amid looming sanctions
Finance ministry to unveil ‘new economic model’, as central bank struggles to support the currency and officials seek to avoid fresh US sanctions
Barbados hands GDP baton to statistical agency
Central bank will abide by international best practice and use statistical service estimates
No rate hike likely until 2020, says RBNZ’s Orr
Central bank leaves interest rates on hold as concerns around growth and inflation emerge
Argentina creates new monetary policy committee
Central bank leaves rates unchanged on high inflation pressures
Saudi investment fund boosts technology portfolio
The fund has reportedly acquired 3-5% of US electric car maker Tesla
Right-wing commentator appointed to RBI board
Swaminathan Gurumurthy has been critical of the RBI in the past
ECB unveils guidelines for hiring ‘ethical hackers’
“Tiber-EU” framework designed to help financial institutions toughen cyber defences
People: China names new vice-governor
China appoints Liu Guoqiang as vice-governor; MAS establishes governance council, Ireland’s central bank gets new director for supervision; and more
Kenyan banks forced to reveal hidden loan fees
Kenya’s central bank begins effort to repeal interest rate cap
Australia’s labour market is tightening, governor says
Australia’s labour market is tightening, governor says, but higher wages are only evident in ‘certain pockets’ of the market
US could lose a third of growth to climate change – Richmond Fed article
Authors warn economic damage could be much more widespread than typically assumed