Accountability
Rule of law of ‘highest relevance’ for central banks – Elderson
Economic growth requires institutional independence and strong legal framework, ECB board member says
Trump, the Fed and climate’s undeniable systemic risk
Experts disagree on the impact of the Fed’s withdrawal from the NGFS but are united about climate change’s devastating effect on the financial system
European politicians clash over ECB review, climate, digital euro
Report on bank’s performance critiques climate mandate, loss of purchasing power
AI transcript hints at nepotism in ECB hiring practices
Opaque wage adjustment processes are unaccountable, sources tell Central Banking
Accounting for banknotes
Three leading experts on central bank finances debate the appropriate treatment of currency
US public disagrees about Fed’s political leanings
Republicans think Fed favours Democrats, and vice versa
Bank of Albania denies having ‘printed money’ to finance HQ
Allegations over 2010 purchase of Tirana property resurface after leaked state audit
Political influence is affecting the OeNB’s independence, staff say
Austrian central bank employees criticise gag orders, conflicts of interest and insufficient female staff
Politicians not ‘blindly’ ideological when judging ECB – research
Right-wingers prefer narrowly focused mandate but data shapes all representatives’ views, paper says
Head of Romania’s central bank ‘deepfaked’ by scammers
NBR says fraudsters’ use of AI-generated video points to increasing risks from manipulated imagery
Local preferences affect US bank lending to minorities – research
Ethnic minorities’ credit access is affected by stakeholders, NY Fed paper finds
Polish governor appeals to ECB for support against removal
Lagarde says “not lawful” impeachment could harm central bank independence
Two dozen Vietnamese central bankers accused of bribery
Vietnamese authorities allege 24 central bank officials took bribes from a troubled lender
Ghana’s governor rejects opposition calls to resign
Addison says central bank only used monetary financing to respond to crisis
Bank of Canada researchers claim breakthrough in credentialisation
System’s creators use a Merkle tree to create “secret-free and quantum-safe” method
Chinese prosecutors charge ex-PBoC official with taking bribes
Central bank fired deputy governor Fan Yifei in December
Ghana opposition demands governor resign
Parliamentary leader threatens march after Bank of Ghana reports $5.4 billion loss
Book notes: O Governador, by Luis Rosa
Documents Carlos Costa’s clashes with Portugal’s elite during the eurozone sovereign debt and banking crisis
Fed inspector says FOMC should look at extending trading rules
Internal watchdog also finds shortcomings in enforcement and review
IMF code drives reform of central bank transparency
Dmytro Solohub says pilots of new transparency code have already fostered change
Vietnam cuts rates after PM demands real estate action
SBV cuts rates as property developers face growing debt problems