Articles by Riley Steward
US citizen pleads guilty to selling technology to Iranian central bank
Defendant faces jail after using UAE shell companies to skirt US national security law
Payments Benchmarks 2022 report – on the shores of a digital future
Benchmarking data offer insights on mandates, staffing structure, oversight of payment services, RTGS design and management, and CBDC development
Filipe Dinis on Bank of Canada’s cyber strategy and tackling cyber risks
The Canadian central bank’s chief operating officer calls for heightened vigilance, more collaboration, info sharing and tabletop exercises, and less reliance on similar, siloed systems
Fed meets inflation surge with 75bp hike
Unexpected spike in inflation and expectations spurs committee into rare policy aggression
Officials urge narrow focus as CBDC use cases proliferate
Communication and financial inclusion are critical concerns, Summer Meetings panellists agree
Fed’s Waller joins chorus of concern over crypto
Growing number of central bankers now talking about crypto regulation
Biden holds rare meeting with Fed chair Powell
Yellen admits she was wrong about the path of inflation in 2021
Fed nominee Barr plans to re-evaluate capital and liquidity rules
Proposed vice-chair for supervision sees limited role for Fed in tackling climate change
Fed’s Evans says front-loaded hikes are ‘pretty much in process’
Outgoing Chicago Fed president worries about uneven wage gains
New York Fed’s Logan picked for Dallas Fed president
Appointment triggers controversy over failure to appoint a Hispanic candidate
US Senate reappoints Powell as Fed chair
Appointment comes as Powell’s approval rating in polls falls to lowest point in his career
Shadow banks: the biggest threat to US financial stability?
Non-bank risks may be the greatest problem facing the Fed’s incoming vice-chair for supervision
Lisa Cook becomes first Black woman to serve as Fed governor
Confirmation vote in US senate was split down party lines
Fed makes first 50bp rate hike in decades
Central bank under pressure to curb inflation without crashing the economy
US Senate confirms Lael Brainard as Fed vice-chair
Key senator absences create roadblock for Lisa Cook’s nomination
Lagarde sees risks in ‘new global map of economic relations’
ECB president says fragmentation through “friend-shoring” and regionalisation is rising
Climate change, invasion, recession: policy-makers flag mounting risks
Christine Lagarde and Jerome Powell discuss “ripple effects” of war in Ukraine
Fed’s Evans says current inflation ‘very different’ to past episodes
Inflation is following a “whale curve” and the Fed should target the body, president says
IMF raises red flags for global growth
Fund warns of global fragmentation as it cuts growth forecast and predicts higher inflation
Tech talent: a global bottleneck for central banks?
Central banks are struggling to recruit people with the right fintech expertise
Surging US inflation tempered by small drop in expectations
Expectations fall over medium term but rise in short term
Canada proposes ban on foreign investors buying houses
Hot housing market is adding to domestic inflation’s record highs
Fed mulls tightening on scale not seen for decades
FOMC members now contemplating 50bp rate hikes and major asset sales
Every CBDC decision is a tradeoff, says Bank of Canada’s Shah
Privacy, security, and offline access present difficult problems