Financial Stability
Bank of Thailand announces measures to ease household debt
Central bank extends easier repayment rules for card users and persistent debtors
Two in five financial stability divisions have staff shortage
FTE employees average under 30 workers across responding institutions
RBNZ explores new ways to monitor financial stability
Researchers model based on news sentiment and NPLs in latest research
Fed urged to introduce annual high-rate stress tests
Results of debut scenario were reassuring, but regulators cannot lower their guard
BIS: new platform can monitor stablecoins’ balance sheets
Institution says its Project Pyxtrial can track digital currencies’ assets and liabilities
How to increase the impact of financial literacy initiatives
As surveys show financial literacy outcomes falling short, Pedro Duarte Neves distils key lessons
Higher inflation results in greater remittances to Pakistan – paper
Workers send more money to make up for erosion of real incomes in their home country
Ethiopia secures $3.4bn IMF package after floating currency
Funding likely to catalyse additional external support, institution says
Ethiopia adopts market-based FX regime
Move follows monetary policy reform aimed at attracting IMF funding
Hedge funds and dealers have outsized price impact – BoE paper
Mutual funds have smaller impact so may not play central role in fire sales, authors say
ECB sees ‘areas for improvement’ following cyber stress test
Experiment focuses on response and recovery from database losses on 109 banks
Innovate to tackle challenges, says BoT deputy governor
Mallikamas outlines ways to deal with economic and geopolitical uncertainties
Firms’ prices respond rapidly to CPI data – BoE study
Companies are more sensitive to rises in inflation than to falls
Banks begin tailoring offers to Gen Z’s needs – MNB report
First “fully digital” generation expects 24/7 digital payments solutions
BoE to open non-bank emergency facility in Q4
Central bank working “at pace” to deliver facility, as it publishes provisional design
RBA examines central clearing for bond and repo markets
Central bank says recent developments mean there is a stronger case for CCPs
Emerging markets at greater risk from stablecoins, FSB warns
Limited regulation, resourcing constraints and FX exposures create hazards for poorer countries
Nigeria raises rates as inflation continues to rise
Central bank plans to maintain tight policy as food prices prove particularly challenging
Turkey holds key policy rate despite fall in inflation
Central bank says services and food inflation are sustaining broader price pressures
Bangladesh Bank website hacked by protestors
Other government websites also inaccessible amid crackdown on protests
Acting US comptroller warns of threats to stability
Hsu defends preemption, federal oversight and increasing regulation for large banks
Egypt holds rates as inflation recedes
Central bank only forecasts significant decline in inflation next year
Global current account balance to narrow, IMF says
Weakening commodity prices have stripped energy-exporting countries of their surpluses