Central Banks
Fed’s vice-chair unveils watered-down capital requirements
Barr proposes reducing rise for largest banks from 19% to 9%
RBA reforms in limbo amid opposition
Opposition says it will not support government proposals
Ukraine moves to curtail capital flight
NBU says changes will support defence, business and “nuclear insurance pool”
Inflation rises in Egypt
Official figures published after central bank held rates in response to previous decline in inflation
Costa: communication was key during high inflation period
Chile’s central bank governor says explaining price rises to public brought new challenges
Asia-Pacific has highest assessing reserve adequacy metric
Ratios broadly higher among middle income central banks
Phasing out coal-fired power could ultimately pay for itself – BdF paper
Authors say gains from lower operating and finance costs could compensate for outlay costs
FOMC members signal rate cut
Waller, Bostic, Daly, Schmid, Goolsbee and Williams speak towards balancing both sides of dual mandate
At least 10 banks near bankruptcy – Bangladesh Bank governor
Mansur says authorities are working to save distressed commercial lenders
Households biased in views of purchasing power – BdF deputy
Bénassy-Quéré says too much emphasis placed on food and energy prices’ effects on inflation
Marshall Islands pushes ahead with plan for monetary authority
Minister says new institution is needed to deal with financial system’s increasing vulnerability
LatAm rate hikes consistent with pre-Covid strategy – BIS paper
Region’s central banks did not become more hawkish during pandemic, researchers argue
Countries with high import coverage invest more in non-SDR debt
Breakdown of asset allocations shows Europe holds nearly half of world’s ESG-focused bonds
Russia’s tangled web of sanctions evasion
Central bank has been at heart of efforts to ensure continued payments from oil sales
China poses ‘risk of economic coercion’ – Belgian paper
National Bank of Belgium says trade with EU has shifted to more “strategic” goods
Draghi report calls for step change in EU investment
Former ECB chief says bloc should revive securitisation and finish capital markets union to stay competitive
Finance ‘must account for climate’ – ex-Bangladesh Bank governor
Rahman says GDP ignores country’s vulnerability to environmental degradation
World Bank approves credit financing for Pacific islands
Local banks could use funds to secure correspondent banking relationships in event of emergency
Portfolio managers make up largest share of reserve teams
Staff average annual earnings hover around $30,000 level
Former PBoC head urges efforts to fight deflationary pressure
Yi Gang highlights weak domestic demand and need for fiscal and monetary support
Hungary has been ‘off course’ since 2021 – MNB governor
Matolcsy tears into government’s economic policy
Phillips curve differs depending on labour market – Fed study
Research finds curve to be flat in normal markets and steep in tight ones
Egypt holds interest rates
Central bank expects inflation to start falling early next year
Credit expansion could dampen growth in EMEs – BIS bulletin
Shift in lending from manufacturing and into real estate is also affecting productivity