Central Banks
Majority of banks blend research and policy functions
Only one in five jurisdictions restructured economics unit in the past 12 months
RBA voices concern over exchange’s failure to replace system
Politicians will question whether regulators have sufficient powers over securities exchange
Weidmann to join Commerzbank in 2023
Former Bundesbank president will become chairman of the bank’s supervisory board
FSB calculates G-Sib list with revised methodology
Some global banks change “bucket” under first use of Basel Committee’s revised method
PBoC keeps key lending rates stable
China’s central bank maintains reference rate for mortgages but calls on banks to support developers
US needs regulatory framework for non-banks, Treasury says
Non-banks’ provision of core banking services causes risks to privacy and stability, says report
The long and short of it: a brave new world order and dollar reserves
Arnab Das, global macro strategist at Invesco, explores the possibility of an international monetary system going back to the future, with the US less economically and geopolitically dominant
Financial Stability 2022 – presentation
Subject specialist Dan Hardie speaks with Christopher Jeffery about financial crime, regulating banks and non-banks, macro-prudential regulation, and decision-making and staffing
Growth and inflation are top forecast indicators
More emerging markets forecast growth and inflation compared with the past year
Eurozone banks’ TLTRO repayments are below market expectations
Slow pace of repayments may hamper ECB policy normalisation, some analysts say
Carstens wins major Spanish economics prize
King of Spain award praises BIS president’s work in Mexico and globally
BoE simulates ‘major operational disruption’ to UK firms
Central bank restarts “Simex” testing of financial sector after pandemic hiatus
Costa Rica receives first loan under IMF’s green programme
Country is “excellent candidate” for Resilience and Sustainability Facility, says IMF official
Chinese MPC member calls for 5% growth target in 2023
China faces "difficulty" in sustaining strong annual growth from now to 2035, Liu Shijin says
Iraqi authorities investigate central bank involvement in fraud case
Investigation finds politically linked firms stole $2.5 billion and used some in central bank auctions
ECB’s policy rate should reach 2% in December, Villeroy de Galhau says
Banque de France governor says “jumbo” rate hikes “will not become a new habit”
Argentine central bank debt poses major risks, analyst says
Moody’s analyst says central bank faces macroeconomic crisis as short-term debt rises
BoE officials reject criticism of forecast misses
Bailey says labour market dominates firms’ concerns and says Brexit has hampered economy
Bank Indonesia raises rates 50bp for third consecutive month
Warjiyo says “pre-emptive” move aims to bolster currency and dampen inflation expectations
Philippine central bank speeds up monetary tightening
Both key policy rate and inflation are now at highest levels for 14 years
Currency Benchmarks 2022 report – a slow evolution continues
Cash usage persists, polymer makes advances and volumes are expected to rise
ECB warns array of risks threatens financial system
Luis de Guindos calls on governments to avoid fiscal policies running against tighter monetary policy
Climate change may have serious effects on natural rate – ECB paper
Monetary policy may need more flexibility to deal with climate and green transition, researchers say