Central Banks
Climate and fragmentation are key risks, say deputy governors
Officials from EMEs in Africa and Americas outline concerns at Autumn Meetings
AI agents can manage liquidity, researchers find
BIS/BoC paper encourages policy-makers to lay groundwork for broader adoption in financial markets
ECB in no hurry with new structural operations – Välimäki
Portfolio will first need to be reduced ‘considerably’, says bank's alternate board member
‘Refresh’ continues as RBNZ appoints new board chair
Acting chair Rodger Finlay steps into position permanently ahead of new governor taking office
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
Argentina and the fear of floating
Economists believe the country’s authorities must fully liberalise the peso before it is too late
Fed officials’ stock trading must be reined in, say experts
Ethics violations by FOMC members mean it is time to overhaul rules, former policy-makers argue
Bolivia negotiating $9bn loan to boost reserves – minister
No exchange rate reform in near term as government focuses on stabilising economy, says Espinoza
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
Market interaction key to effective FX interventions – panel
Central bankers from the Americas say data and communication help to reduce volatility
Hybrid teams widely employ social media for two-way communications
Most respondents use strategies to address crises and disinformation
The life insurance industry’s transformation: financial stability implications
Gaston Gelos and Frank Packer examine an industry that is increasingly complex and interconnected
Cryptogeddon: a user’s guide for central banks
How might monetary authorities react if a digital asset crash destabilised the financial system?
Nigeria holds rates at 27% despite easing inflation
Governor says exit from FATF grey list and outlook upgrade will boost capital inflows
CNB digital asset portfolio is about real learning, says Michl
Governor says bank is not looking to simulate reality but ‘touch it’ with experimental bitcoin holding
New banking entrants key to financial inclusion – BCB deputy
Pix helped address shortcomings of online-only lenders, Renato Gomes tells Autumn Meetings
Confidence in dollar undiminished since April, says BIS’s Shin
Institution’s head of monetary and economic policy says no hard evidence of shift from US currency
BSP remains cautious about stablecoins as proposals roll in
Deputy governor says most submissions are for dollar-backed assets focused on retail use
Communications teams use AI mainly for drafting
But use cases vary according to team structures
Cash is the tender of last resort – panel
Officials at Central Banking Autumn Meetings discuss risks of long-term outages in era of digital payments
Central banks are needed to make instant payments work, says panel
Legal and payment experts tell Autumn Meetings that private sector cannot achieve this on its own
Private liquidity insurance improves stability – BIS study
Yet prospect of central bank interventions can crowd out market, authors say
Lagarde says talk of AI bubble misses ‘bigger picture’
ECB president, a former AI sceptic, now believes not embracing it could ‘jeopardise Europe’s future’