Articles by Central Banking Newsdesk
Fitch downgrades Hungary credit rating to junk status
Hungary long-term foreign issuer default rating lowered to BB+; outlook remains negative according to rating agency
CNB minutes reveals falling koruna allowed rate hold
Czech National Bank minutes shows weakening koruna allowed central bank board to leave rates unchanged at 0.75%
Commemorative euro coin launched
Eurozone countries issue new €2 coin to commemorate 10 years of the currency; few central banks announce the move
CNB paper reviews inflation-targeting framework
Czech National Bank study evaluates changes to the monetary transmission mechanism in the Czech Republic
Global supply chains explain trade collapse, says ECB paper
European Central Bank study shows intra-group trade reacted more rapidly than arm’s length trade to global trade collapse
RBA paper expects larger spillover effects from mining boom
Reserve Bank of Australia study says rise in mining investment expected to have larger impact on a broader range of prices in Australian economy
Clarity in central bank communications remains strong: Netherlands Bank paper
Netherlands Bank study shows central banks communicate policies effectively, despite high degree of uncertainty and less favourable inflation outlook during recent years
Hildebrand defiant over currency trade row
Swiss governor will not resign, expresses regret at political attack on the Swiss National Bank and reveals details of how information was leaked
Self-employment fuelled labour recovery, says Central Bank of Chile paper
Central Bank of Chile study shows the recovery in Chile’s labour market was driven by self-employment rather than job creation in the formal sector
Bank of Italy: ECB’s flexible operational framework assisted crisis response
Bank of Italy study compares effectiveness of unconventional monetary policies adopted by the Federal Reserve and European Central Bank in response to crisis
RBI paper highlights vulnerabilities of India's highly interconnected financial system
Reserve Bank of India study says policies to address excessive inter-institutional exposure in India should focus on financing channels of non-banking financial institutions
Svensson: Riksbank’s forecasts 'confused'
Riksbank minutes highlight deputy governor Lars Svensson’s concerns over biases in projections for repo rate and resource utilisation in Sweden
Philippines quarterly review brings mixed news
Central Bank of the Philippines reports lower than expected growth, but remains positive about economy’s outlook in latest Report on Economic and Financial Developments
RBI abolishes limit on mobile banking transactions
Reserve Bank of India allows unlimited mobile banking transactions; move follows large increase in use of mobile technology
Swiss governor faces questions over wife’s currency trades
Kashya Hildebrand bought US dollars shortly before Switzerland imposed limit on franc to euro value; Swiss National Bank denies dodgy dealing by governor
Fed to release ‘projections’ for future policy
FOMC minutes reveal committee members’ expectations for future monetary policy will be incorporated in Summary of Economic Projections documents; part of Fed’s improved transparency plan
Counter-cyclical capital buffers rely on good central bank policy: BoC paper
Bank of Canada study finds central bank policy can strongly influence success of counter-cyclical capital measures
BIS paper examines sustainability of pension schemes
Bank for International Settlements study sheds light on effects of global economic downturn on the design of occupational pension schemes
BoE data shows moderate rise in UK lending
Bank of England data shows lending to individuals in UK increased by £1 billion in November
Praet named ECB’s de facto chief economist
European Central Bank executive board member Peter Praet will take over economics responsibilities at central bank
Banque de France to slash personnel numbers
Banque de France to replace only 50% of retirees in attempt to lower staff numbers; 2,500 posts to be lost by 2020
RBI paper highlights shift in credit dynamics over business cycles
Reserve Bank of India study shows the behaviour of credit relative to growth in India changes over different phases of the business cycle
Lithuania overhauls banking supervision
New streamlined financial markets supervision body will save government $1.9 million a year; economist in charge of new Supervision Service
NY Fed paper identifies illiquidity issues in Tips market
New York Federal Reserve study says benefits of inflation-protected Treasury securities are not being fully reaped