Central Banks
UK lawmakers ‘satisfied’ with Visa response to outage
Visa has promised an independent inquiry into the incident that saw 5.2 million payments fail; firm reveals details of its recovery efforts
Argentina falters at ‘historic’ moment for BCRA
Replacing Federico Sturzenegger with a finance minister with close ties to the president sends a confused signal about central bank independence
Economy allows Fed to continue policy normalisation – Atlanta’s Bostic
Business contacts report concerns about trade policy and tariffs
Sudanese central bank president dies in Turkey
Hazem Abdelqader had served 18 months, and was the third governor since March 2011
RBA minutes drop hawkish language
Minutes of June meeting appear to contrast with recent remarks by governor Philip Lowe
UK card transactions surpass cash for first time
Report shows card transaction volume was marginally higher than cash in 2017
Two women appointed to top BoE committee
Julia Black and Jill May will sit on the Prudential Regulation Committee
SNB should clearly assign policy tools, IMF report says
SNB can avoid impression of exchange-rate targeting through better communication, says IMF
Spain’s GDP growth set to decelerate – central bank
Waning monetary policy impact, higher oil prices and lower regional expansion behind deceleration
Experts warn Mexico’s peso defence could be costly
Risks on the horizon prompt concerns around the Bank of Mexico’s approach to forex volatility
IMF forecasts lower US growth than Fed, Congress and White House
Stimulus expected to yield higher growth in the short term, but the benefits are likely to fade away from 2020
Italy’s trial
Francesco Papadia argues Italy is likely to suffer financial and economic damage under its new political leadership, but will still not leave the euro
People: Bank of Canada deputy resigns and returns to San Fran Fed
Nigerian president nominates new deputy governor
Argentine finance minister becomes central bank governor as crisis deepens
Sturzenegger resigns as Argentine government says it expects IMF aid package soon
Bundesbank forecasts German growth will continue
Fiscal expansion will support aggregate demand in coming year, says Bundesbank