Central Banks
UK inflation falls to 1.7%
Surprise drop, driven by falling transport costs, makes additional rate cuts more likely
Liquid assets best placed to reap benefits of AI – IMF report
Study explores risks and rewards to capital markets from emerging technology
Australian central bank proposes caps on card fees
Small businesses pay “substantial” surcharges during debit and credit card transactions, says RBA
Opposing Basel III is ‘short-term thinking’ – DNB’s Klaas Knot
Lenders should not ask governments to water down proposals, says Dutch central bank governor
RBI governor warns of financial stability risks from AI
Das calls on banks to guard against liquidity stresses resulting from disinformation
Policy-makers ‘cannot disregard food price shocks’ – BoE study
Working paper calls on central bankers to pay closer attention to headline inflation when setting rates
Demand for cash: a global update
Antti Heinonen explores recent data on banknote demand and analyses its impact on cash infrastructure
IMF cuts fees amid high rates and record borrowing
Fund judges its capital to be strong enough to allow more generous approach
Obituary: Tito Mboweni, 1959–2024
Sarb’s first black governor championed inflation targeting with “sharp wit”
Excessive intervention can hinder FX markets – IMF economists
Best for central banks to deepen their reserves before shocks arise
PMA governor calls on Palestinians to use electronic payments
Businesses in West Bank and Gaza continue to register negative growth
Acemoglu, Johnson and Robinson win Nobel prize in economics
Trio given award for work on role of colonial institutions in shaping long-term prosperity
Malaysia’s Zeti on the key skills needed to be a successful central banker
The Bank Negara veteran speaks about leadership skills, lessons from the AFC and 1MDB crises, her scepticism of inflation targeting, and how the Asia School of Business' masters synthesises theory with practical realities
European banks warming to AT1 – National Bank of Denmark study
Lenders that rely on additional tier 1 capital are less capitalised, says new research
Peru unexpectedly pauses easing cycle
Central bank expresses hawkishness, though policy rate still among lowest in Latin America
World Bank raises its growth forecast for south Asia
Institution projects it to be fastest-growing region among emerging economies
South Korea joins global easing cycle
Government efforts to cool housing prices create opportunity for central bank to cut rates by 25bp
HQLAs ‘not liquid enough’ for Credit Suisse or SVB
Basel Committee report sheds new light on liquidity risk during 2023 banking turmoil
‘Pooling’ models generates better output gap estimates – paper
Economists say measuring gap in real time is particularly challenging in developing countries
Lower risks enable authorities to shift policy – Amro report
Asean+3 research arm says challenges remain on dollar dependency and property markets
Israel holds rates as conflict continues
Central bank revises inflation and growth forecasts