Central banks expected to cut more staff

central-bank-management

A Central Banking Publications poll into management practices at 21 monetary authorities has uncovered evidence that central banks will continue to shed staff in the years ahead.

Several respondents to the survey, part of Central Bank Management, published on Tuesday, said that the general expectation was for numbers to decline in the future.

A respondent from a South American central bank said that the institution would lose between 10% and 20% of its workforce over the next five years. Another

To continue reading...