Central Banks
Riksbank keeps policy rate at 4%
Most analysts think the Swedish central bank has reached peak rate
Proportion of central bank economists with PhD rises
Central banks split on funding economic staff with PhD aspirations
Two dozen Vietnamese central bankers accused of bribery
Vietnamese authorities allege 24 central bank officials took bribes from a troubled lender
Currency Benchmarks 2023 – model banks analysis
Data reveals how advanced and emerging market central banks structure their currency operations
BIS unveils new data portal
Bank will hold training courses for journalists wishing to access statistics
RBI’s Das warns banks to avoid ‘exuberance’ as credit surges
Indian central bank tightens macro-prudential policy on consumer credit
CBDC features will have financial stability effects – Fed paper
Design choices could cut chance of bank runs and disintermediation, authors say
Smaller US banks face unequal real estate risk, paper says
St Louis Fed research finds lenders hold 40% to 75% of commercial real estate debt
Eurozone banks show “early signs of stress”, ECB warns
High interest rate will test eurozone’s resilience while some non-banks are at risk, review says
Chinese premier Li Qiang becomes CFC head
Former PBoC deputy governor likely to lead foreign exchange regulator, reports say
Median salary of central bank economists rises as inflation bites
Income remains less aligned with GDP per capita of participating countries
Treasuries market is robust, NY Fed officials tell conference
Financial markets need more data transparency, though
Riksbank starts open recruitment procedure for board members
New central bank act requires publishing a recruitment profile and an open application process
Supervisors see promise in AI but warn data remains key
IMF’s “StatGPT” project has promise but data problems are hard to solve, Regnology panellists say
Singapore, Malaysia and Indonesia launch cross-border payment links
Indonesia and Singapore say they intend to set up local currency settlement framework in 2024
Economics department staff total just over 70 on average
Average number of research economists remains smaller than policy economists
Defending the basis
Benefits of additional Treasury liquidity may outweigh potential intervention costs during a hypothetical panic, writes Joseph Wang
Nigerian central bank again postpones policy meeting
CBN has not held policy meeting since May despite 10 months of rising inflation