Central Banks
BoE’s Woods rejects call to exempt gilts from leverage rule
Bank capital regime must account for sovereign bonds’ interest rate risks, PRA chief says
MPCs with more frequent meetings tend to be more transparent
Just under three-tenths of central banks publish current level of r-star
BoK holds policy at 2.5% and signals room for further cuts
Rhee Chang Yong says four of six board members open to cutting to 2.25% over next three months
Interesting developments in currency denomination structures
Antti Heinonen explores recent changes in currency structures and the reasons behind them
Waller proposes ‘skinny’ master accounts for Fed payment services
New facility would enable firms to access Fed services without having to go through third-party lenders
Machine-to-machine could be future of payments – study
Existing 402 web protocol, coupled with AI, could enable frictionless transactions, says author
ECB and BoJ officials reject explicit forward guidance
Central bankers promote ‘meeting-by-meeting’ approach to rates setting
BoE plans system-wide test on private credit risks
Bank aims to probe market after First Brands and Tricolor collapses raise alarms about subprime lending
Geopolitics and supply shocks top monetary policy risks outlook
Risk factors vary by nominal anchors and geographical regions
Lagarde calls for EU-wide clean energy strategy
Integrated capital markets to finance affordable and sustainable sources of power, ECB president says
US inflation regime persistently above target now – Fed economist
Price rises are broad-based and have significantly impacted expectations says researcher
BCRA deputy governor: weak peso not tied to structural issues
Investors flocking to dollar because of temporary risk aversion ahead of elections, Werning says
Committees of exchange rate targeting central banks meet most often
Inflation targeters have the average highest number of committee members
Venetian lessons for today’s central bankers
Loose money and lost credibility in 17th century city state provide a cautionary tale about the importance of international investor confidence, argues Biagio Bossone
ECB staff union sues central bank over gag orders
Union alleges that ECB leadership sought to block representative from speaking
AI, low productivity, and trade in focus at G30
Georgieva, Bailey and Lagarde speak on stretched AI evaluations and distortionary trade policies
Let risks stay in non-bank sector, says EU official
Regulators and experts discuss solutions to financial activities migrating outside banking system
Targeted liquidity facilities decline year on year
Lending to small businesses and other goals are top criteria for access
PBoC’s Pan calls for ‘meaningful’ IMF quota adjustments
Governor says global economy needs more co-operation amid heightened uncertainty
Central bank watch: Measured moves
Franklin Templeton analysts assess the monetary policy outlook for the G10 central banks, plus China, India and South Korea