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Central Banks

Europe's payments revolution is slow going

The number of payments made using the new SEPA (Single Euro Payments Area) credit transfer have been "very low", admitted Gertrude Tumpel-Gugerell, an executive director at the European Central Bank.

Have Australian rates peaked?

The statement accompanying the latest monetary-policy decision of the Reserve Bank of Australia suggests that the central bank's long cycle of monetary tightening may be over.

ECB's Tumpel hails "encouraging" replies to T2S

Responses from Europe's settlement houses to an invitation to join the European Central Bank's settlement initiative, T2S, have been "encouraging" said Gertrude Tumpel-Gugerell, an executive director at the ECB, two days ahead of the deadline for replies.

Weaker unions will limit inflation: BIS's Knight

The outgoing head of the Bank for International Settlements (BIS) offered some succour to central bankers on Monday, saying that the decline of unionisation will mean the second-round effects of the recent surge in global food and commodity prices will…

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