Articles by Central Banking Newsdesk
Israeli banks' core capital ratio would fall to 7.5% in crisis, stress tests show
Banking system would show cumulative loss of three billion shekel, says Bank of Israel, but there would be 'no risk to stability'
Bank of Canada may ‘expand’ payments oversight
Deputy governor Lawrence Schembri says the central bank might be charged with the oversight of ‘prominent’ payment systems as well as those that pose systemic risks
France and Luxembourg join race to become Europe's renminbi hub
France and Luxembourg next in line for clearing banks after striking deals with PBoC over the weekend; French institutional investors also granted permission to invest in China
BIS warns central banks to bite the bullet on monetary policy normalisation
BIS annual report says it may already be too late for a gradual exit from unconventional policy; warns markets may pre-empt exit if they feel central banks are behind the curve
Solomon Islands central bank publishes first working paper
Paper considers the efficacy of monetary targeting in Solomon Islands; finds evidence suggesting it is more effective than inflation targeting would be
Dutch central bank to cut size of governing board
The Netherlands Bank says it will reduce the size of its governing board in November when it loses some of its powers to the SSM; only president and three directors will remain
Bank of Lithuania joins with country's oldest university to set up research centre
Collaboration aims at promoting ‘practical application' of scholarly undertakings; Bank chair notes criticism that Lithuanian economics is ‘detached from reality'
Irish brief examines relationship between rate changes and bond yields
Economic letter published by the Central Bank of Ireland compares the impact of rate changes on bond yields in the eurozone and Switzerland
RBI sees case for reviewing governance of public sector banks
Public sector banks continue to pose some of the ‘major challenges' facing the banking sectors, the Reserve Bank of India says
Turkish central bank in broad social media push
Bank joined four social network platforms this week in bid to raise public's financial awareness; also says it will aim to foster ‘habit of saving and encouraging the use of' lira coins
RBNZ weighs ‘European presence' to aid reserve management
Reserve Bank of New Zealand says it will review whether a full-time European presence will improve returns on forex reserves; outlines plans to replace vaults
Temasek marks 40th birthday by opening New York office
Office is the Singaporean sovereign fund's first in the US; chair Lim Boon Heng says Temasek is forward-looking - even experimenting with Bitcoin
Tarullo says Fed must ‘hone' stress test regime
Fed governor says some firms still lack ‘reliable information' about their business exposures; hints at more attention to developing tests' macro-prudential elements
Lagarde says financial inclusion has key role in closing gender inequality gap
IMF managing director says women face extra cultural and educational hurdles in tapping into financial services, but financial inclusion can empower them
Polish paper finds ‘substantial decrease’ in impact of exchange rate on consumer prices
Researchers say the exchange rate channel of the monetary policy transmission mechanism has weakened, but inflation has become more responsive to interest rate changes
Macro-pru beats monetary policy for open-economy financial stability
IMF working paper uses open economy framework to show macro-prudential policies are more welfare-enhancing than interest rate rises in seeing off over-exuberance
Incoming BoE chair highlights ‘extraordinary' lack of women in bank's top ranks
Anthony Habgood, chairman of the Court of the Bank of England, highlights 'crying gender gap'; also raises questions about BoE's ‘one bank' merger, which he says may turn out ‘slightly awkward'
Malawi governor urges banks to ‘innovate’ and help boost exports and tourism
Charles Chuka calls on banks to find new ways of financing ‘underserved’ sectors of the economy such as agriculture and tourism, to aid the production of exports
People: Greek governor confirmed; Ingves re-appointed to Basel Committee
The appointment of Yannis Stournaras as Bank of Greece governor has been confirmed in parliament; Ingves has a new term at the Basel committee; and more
French economists find UMP had ‘significant’ impact on sovereign yield spreads
Working paper breaks down the determinants of sovereign yield spreads in OECD countries; size of ECB’s balance sheet effects spreads differently across eurozone member states
NY Fed’s Dudley calls on Puerto Rico to improve financial reporting
‘Unique status’ means troubled Caribbean economy is not regularly surveyed by public agency like the US Census Bureau or the IMF
Bank of Korea brings back Jang as new governor Lee's number two
Jang Byung Wha returns to the Bank of Korea as senior deputy governor; latest in series of organisational changes that has brought a new head of reserves and MPC member
Central Bank of Turkey cuts main rate as MPC sees inflation in decline
Bank lowers one-week repo rate by 75bp to 8.75%, its second consecutive rate cut, but says it is maintaining a ‘tight policy stance'
Sri Lankan central bank weighs impact of QE on emerging markets
Latest financial system stability review features box on QE; central bank suggests the damage caused by market reaction to the Fed taper outweighed the initial benefits