Central Banks
RBNZ raises rates to peak level
Central bank predicts rates will come down slightly faster than in February forecast
Bernanke and Blanchard reassess causes of inflation surge
Economists who predicted surge misunderstood underlying causes, study finds
‘Robust’ wage growth consistent with disinflation – BIS paper
But firms need to avoid increasing their profit margins, authors find
IMF urges caution in UK financial services reforms
Fund says efforts to ease or simplify rules must be “carefully weighed”
BoE adjusting main models after forecast misses
Bailey says policy-makers decided to “aim off” main forecast after repeated errors
Nigeria CBDC uptake ‘disappointingly low’ – paper
The e-naira is technically sound, but actual use is negligible, says IMF study
Bank of Israel increases rates by 25bp to 4.75%
Central bank stresses inflation slowed down over the last three months
MAS launches AI training programme for key financial institutions
Central bank will design training programmes with universities and institutes
Financial security of US households ‘fell sharply’ in 2022
Inflation comes first in list of financial worries, Fed survey finds
Slovak governor due to appear in court in July
Central bank deputy governor is new prime minister leading technocratic government
Polish central bank accuses critics of following Russian propaganda
Glapiński attacks critics, including opposition parties, as Poland prepares for election
Bank of Italy expresses concerns over flat tax
Official says policy is typical of emerging markets and could weaken income redistribution
ECB policy leaks have ‘sizeable impact’
Leaks tend to reflect minority views and reverse trends in short-term rates
PBoC holds key lending rates for ninth straight month
Central bank unlikely to cut rates this year amid yuan weakness, analysts say
Currency round-up: India withdraws 2,000-rupee note
De La Rue replaces chair; Canada and Philippines win currency awards; and more
Trends in reserve management 2023: survey results
Insights on inflation, asset diversification, geopolitical risk, risk management frameworks and ESG adoption
Communications Benchmarks 2023 – executive summary
Data reveals comms teams’ structures and strategies, as well as key trends in media usage
Robert Lucas, 1937–2023
Nobel Prize-winner became famous for “revolutionary” work on rational expectations
Kenyan president nominates ally as governor despite scandal
Former IMF official Thugge likely to succeed Njoroge, despite 2019 arrest over dam allegations
EME central banks must keep policies tight, says IMF deputy
Gita Gopinath says “markets are probably too optimistic” about cost of lowering inflation
HKMA launches retail CBDC pilots
Hong Kong central bank will work with 16 firms, including banks and payment companies