Monetary Policy
NBFIs could dent transmission – Bundesbank board member
Growing non-bank activity could diminish banking channel’s importance, says Köhler-Geib
Journalists and politicians are main critics of central banks
Benchmark respondents comment on their efforts to engage constructively with stakeholders
Alexandre Tombini on LatAm resilience and growth amid uncertainty
The BIS Americas head speaks about the impact of the US tariffs, building resilience amid uncertainty and fostering inclusion through digital payments
BoJ to tighten policy if economic projections hold, says Ueda
Governor says economy increasingly likely to realise bank’s baseline projections
Comms teams see dis/misinformation on social media as key risk
Criticism from government ranks as smallest risk
Website upgrades are comms teams’ top priorities for next year
Commitments differ somewhat by departmental structure
BoJ board member says rate hikes should continue
Noguchi calls for cautious approach to ensure inflation target is met
ECB in no hurry with new structural operations – Välimäki
Portfolio will first need to be reduced ‘considerably’, says bank's alternate board member
South Korea holds policy as expected
Economists expect decision to mark end of easing cycle
Larger comms teams involved earlier in policy decisions
Most departments become involved in duty after decisions are taken
RBNZ’s 25bp cut marks end of easing cycle, say economists
Bank says economic activity picked up after policy fell to lowest point in more than three years
Hybrid teams widely employ social media for two-way communications
Most respondents use strategies to address crises and disinformation
Nigeria holds rates at 27% despite easing inflation
Governor says exit from FATF grey list and outlook upgrade will boost capital inflows
Communications teams use AI mainly for drafting
But use cases vary according to team structures
LinkedIn, Facebook and YouTube are top comms platforms
Over a third of communication teams adopted new platforms in the past year
South Africa cuts by 25bp, citing lower prices ahead
Sarb brings policy rate to 6.75% in first decision since government lowered inflation target
Central banks universally communicate internally via email
Additional tools used vary somewhat by system efficiency and structure
BoJ governor reaffirms preference for rate hikes
Ueda says policy normalisation should continue amid near-zero output gap and tight labour conditions
Social media and press releases are primary external comms channels
Impact assessment tools vary across teams by structural approach
Indonesia holds rates, with analysts expecting December cut
Central bank says decision will maintain stability of rupiah and strengthen policy transmission
Iceland makes 25bp cut amid mortgage market turmoil
Decision comes after court ruling forces lenders to tighten terms of home loans on offer