Central Banks
Currency Benchmarks 2024 – model banks analysis
Data highlights differences in cash management between central banks
Iceland cuts rates by 50bp
Inflation continues to decelerate but GDP growth is revised down
Hungary holds rates again
MNB remains hopeful about 2025 as economy slides into recession
Bank Indonesia holds rates as rupiah weakens
Bank says inflationary policies under Trump would boost dollar and lead to fewer Fed rate cuts
Nature loss is key metric for supervisors – ECB board member
Elderson says central banks need to develop better ways to measure its impact on financial stability
Economists’ median salary falls below $30,000 a year
Annual budget of economics departments averages under $1 million
Securing sound deposit protection in East Africa
There is a need to revisit legal frameworks to adopt risk-adjusted premium regimes and establish more comprehensive deposit insurance systems in the East African Community, write Gilbert Nyatanyi and Gloria Tengera
Central banks to maintain independence despite threats – panel
Top central bankers discuss Trump, AI and why they plan to ignore IMF on rate cuts
ECB vice-president warns of US AI bubble
Now is not the time to deregulate banks, says Luis de Guindos
Central Bank of Ireland launches scam awareness campaign
Investment, loan and phishing fraud remain most common
Implementation of regulatory reforms ‘uneven’, says FSB
Annual report reviews efforts over past year to adopt Basel III and tackle risks in non-bank sector
BNM eases rules on ringgit bond issuances
Change makes it easier for foreign institutions to issue debt denominated in Malaysian currency
Media narratives drive capital flows into China – NBER paper
Sentiment in news articles impacts investment decisions, regardless of country’s economic fundamentals
Policy economists outnumber research colleagues
Economics FTE staff make up 4% of central banks’ overall employees, on average
The past and future of BIS economics
The monetary and economic department has become an influential force in central bank economics. Claudio Borio looks back over 37 years at the institution and Hyun Song Shin looks to the future
ECCB deputy governor warns of geo-social fragmentation
Valda Henry says US election result has increased uncertainty among small island nations
Supervise crypto first, say BdF and French markets authority
French supervisors call for Europe-wide regulation of digital asset class
Philippines launches new interest rate swap market
Central bank says platform could boost trading and liquidity in domestic bonds
Moldova to switch reference currency to euro
Change reflects “economic realities” as country moves closer to EU
Economics teams tend to be tailored by institution
But hub and spoke model is prevalent among high income respondents
Currency Benchmarks 2024 – executive summary
Data sheds light on banknote design features, access to cash policies and cash cycle management