Governance
Knot calls for more diversity in financial institutions
DNB head says challenges demand “diverse perspectives” as bank aims for full gender balance by 2028
Trump makes a U-turn on Powell
President “might” call Fed chair about lowering rates, but claims he never had any intention of firing him
Hungary’s central bank publicly clashes with opposition leader
MNB says unnamed politician failed to comply with inquiry; Tisza head says he is target of smears
Kashkari stresses importance of Fed independence
Minneapolis Fed chief expresses solidarity with Powell following Trump attacks
Trump administration escalates attacks on Powell
Kevin Hassett says White House is studying whether president can fire Fed chair
The implications of IFRS 18 for central banks
The new accounting rule on presentation and disclosure in financial statements may require changes in reporting practices and systems, complicating consistency and materiality considerations
Trump and Powell’s war of words escalates
Fed chair slams tariffs, while president says Powell’s departure “cannot come fast enough”
MNB to suspend controversial foundation
Ex-governor calls audit “smear campaign”; government blames ECB for not allowing closer surveillance
Governance Benchmarks 2025 – model banks analysis
Data breakdown highlights independence pressures, capital frameworks and staffing challenges
New Zealand slashes funding to central bank by 25%
Some of RBNZ’s non-legislative functions “appear overstaffed”, says finance minister
Rewriting the monetary balance sheet
Biagio Bossone and Massimo Costa write that a new accounting approach is needed for central banks and commercial money in the digital age
Bangladesh Bank officials should face action over theft – minister
Nazrul says previous regime shielded central bank officials from investigation into $101 million hacking
Governance Benchmarks 2025 – executive summary
Data shows strong independence with threats in some areas, and sheds light on staffing, mandates and more
Former Bank of Mauritius governor arrested again
Harvesh Seegolam released on bail after being charged with fraud in embezzlement case
Central bank independence helps price stability – ECB paper
Research shows that greater autonomy means more policy discipline and enhanced credibility
Governance Benchmarks 2025 report – independence amid turbulence
Benchmarks highlight pressures on independence but most say protections are sufficient
Syria appoints new central bank governor
Abdul Qader al-Husriya takes over from interim governor Maysa Sabreen
Bank of Ghana needs recapitalisation – study
Economist says measure could be funded through natural resources and remittance payments
RBNZ extends acting governor’s term
Christian Hawkesby to remain in place for six months while board looks for permanent governor
Book notes: Unexpected revolutionaries: how central banks made and unmade economic orthodoxy, by Manuela Moschella
This book delves into the political science perspective of central banking since the 1970s but lacks nuance and depth
Andrew Bailey to be next FSB chair
Klaas Knot will step down from organisation in June as his term at DNB also comes to an end