Governance
Polish governor faces rising political criticism over staff salaries
Governor criticised by deputy prime minister over refusal to confirm staff payment levels
Romanian central bank governor says bank tax law is ‘nonsense’
Mugur Isărescu attacks “incomprehensible bomb” in latest dispute with government
Central Bank of Kuwait overhauls core banking system
System provided by Tata automates key central bank operations
People: Nellie Liang withdraws from Fed nomination; World Bank chief resigns
Trump nominee had played a key role in setting up the Fed’s stress tests; Kim was due to leave World Bank presidency in July 2022; further appointments in UK, Vietnam and Ghana
Powell sends cautious message to markets
Bernanke says he and Yellen “very lucky” to have served under presidents who respected Fed independence; Powell pledges not to step down
Turkish central bank to hold extraordinary general meeting
January meeting likely to see early profit distribution to government, ahead of local elections
New governor starts work at Belgian central bank
Former vice-governor Pierre Wunsch is backed by centre-right Francophone party
Bank of Mexico challenges public sector pay cap proposals
Central bank files complaint with Supreme Court amid concerns new law could threaten independence
Report reveals damage caused by Bank of Mongolia’s ‘quasi-fiscal’ policies
Discontinued policies may have undermined key parts of the central bank’s mandate, created inflation and generated huge losses, report finds
Staff cuts made at majority of central banks since 2013
But staff numbers grow at several banks, including ECB and Bank of England
Two women will join Bank of England’s financial policy committee
Colette Bowe and Jayne-Anne Gadhia to join FPC later this year
Long-serving South African deputy governor resigns
Francois Groepe has been in post since 2004 and ran national payment system
Fed independence under renewed fire from Trump
President unlikely to be able to fire Jerome Powell but could exert pressure in other ways, say observers
EU legal officer says Latvian government wrongly barred governor
Authorities provided no evidence to back claims governor acted corruptly, advocate general says
Minority representation at BoE requires ‘step change’ – Carney
Minority groups are underrepresented, report lower satisfaction and suffer higher staff turnover
2018: The year in review
The past year marked a return to instability, but also saw some innovations among central banks