Articles by Central Banking Newsdesk
Protectionism triggers ‘rising level of concern’ in US – Powell
Fed chair thinks it is difficult to predict the effect of trade barriers on the economy
BoE’s Cunliffe makes case for ‘stodgy’ policy
Monetary policymakers should not act too fast when uncertainty is high, deputy governor says
BoE minority staff score lower in first diversity survey
While BAME scores were lower, the central bank said staff were “generally positive” about inclusiveness
Irish SWF set to become first to divest from all fossil fuels
Fund has in the past argued “engagement” is more effective than divestment
World’s largest SWF bars investment in four companies for guideline breaches
Companies owned by Warren Buffett among those excluded by Norges Bank board
IMF aims at major reforms of Malawi’s central bank
Aid aims to help central bank move to interest-rate-based framework and inflation targeting
Seychelles must act fast on money-laundering, says central bank
Failure to act could lead to major damage from loss of correspondent banking, report says
BoE paper reports ‘lab experiment’ on banker bonuses
Test subjects tended to take larger risks when their bonuses could not be taken away
Weak US productivity behind low wage growth – IMF
Declining labour share of income is another contributing factor
ECB needed better data in 2008 crisis, says Lautenschläger
Money market data was “limited” and published too infrequently, says senior ECB official
Brazilian government must respect central bank independence – IMF
IMF directors warn against excessive exchange rate interventions
Bank of Canada hikes rate on solid growth
Tariffs on steel and aluminium expected to have modest effect on growth and inflation
FCA chair warns of big data-driven ‘algocracy’
Technology could lead to a society ruled by algorithms, if safeguards are not put in place, says Charles Randell
Argentina tweaks monetary policy framework
Committee will now meet once a month and publish members’ votes
Australia is open to payments innovation – RBA’s Bullock
Assistant governor says regulators will step in where they see a need, but will take a “graduated” approach
GDP growth only raises profits for some banks – Bank of Italy paper
Banks with large loan portfolios benefit from GDP growth – researchers
Zimbabwe clears debt with IMF but hurdles to financing remain
IMF looks to extend debt deadline for Somalia and Sudan
Communication strategies too weak to ‘pierce veil of inattention’ – research
Survey evidence is too poor and central bank communication too ineffectual, say economists, but reforms could open up new mode of policymaking
Bank of Russia says cost of major bailout is rising
Central bank makes further capital injection into failed lender Otkritie
People: Palestine Monetary Authority appoints new deputy governor
New members appointed to Finnish and Swiss boards
Bank of Thailand: housing market oversupply needs monitoring
Oversupply is pushing down prices, but developers continue to rack up debt
Singapore moves to curb private housing boom
Buyers have to pay higher taxes and face tougher loan-to-value limits
Failed bank depositors to gain unrestricted access to funds – Sarb
Around 97% of retail depositors will be paid in full, the central bank says, as investigation into mismanaged bank continues
Competitive housing markets fostered risk taking before crisis – IMF research
In areas with higher price volatility institutions lowered lending standards