Central Banks
Central bank assets enjoy ‘99%’ immunity
Why central bank assets possess legal immunity – but not from sanctions
Kuwait breaks pattern by holding rates after Fed hike
Five other Gulf states, including Saudi Arabia and UAE, raised policy rates to match Fed
Lagarde says ECB may need to tighten above neutral rate
ECB president confirms central bank will announce QT plans in December
Central banks’ gold demand hits record level
Purchases in 2022 reach 673 tonnes, higher than in any full year since 1967
Norges Bank raises rates again
Norwegian central bank governor says MPC might continue to slow pace of increases
Malaysian central bank delivers fourth straight 25bp hike
Inflation remains relatively subdued despite strong second quarter growth
Book notes: Yellen, by Jon Hilsenrath
This book offers new insights into the tough decisions and tremendous efforts Yellen has made as a pre-eminent economic policy-maker
Counterfeit banknotes removed from circulation average $425,000
UV ink and intaglio printing are most common security features
Bank of England rate hike is largest in over 30 years
MPC forecasts prolonged downturn and says it does not foresee rates rising to 5.25%
HKMA raises interest rate after Fed’s hike
Eddie Yue says US rate rises will not affect Hong Kong’s stability
Armenia raises policy rate by 50bp
Fleeing Russians are helping to drive inflation, central bank says
Philippines governor announces rate rise in two weeks’ time
Governor Felipe Medalla gives forward guidance on intensified rate hike after Fed decision
Banknotes generally have at least one aid for visually impaired
Raised inks are most common feature, followed by making denominations different sizes
Fed raises rate as Powell hints at further rises
Data suggests Fed will need to hike higher than previously expected, chair says
ECB sets 2024 climate change deadline for big eurozone banks
Most ECB-supervised banks failing to implement climate change plans, Elderson says
Dominican Republic signals possible end to hikes
Board orders 25bp rise but says policy rate has reached “appropriate level”
Egypt raises policy rate and floats currency
Central bank decisions come as IMF signs preliminary deal for further $3 billion loan
‘Any use case’ helped Pix succeed, Brazilian official says
Focus on user experience, low fees and firms’ support brought success, head of Pix team says
Few central banks use big data tools to forecast currency demand
Forecasting is very common, while few expect big changes in currency needs for 2023
Bank of Russia says Putin’s mobilisation will hit demand
Kazakhstan rates rocket, while Azerbaijan central bank warns about fiscal policy
Chinese authorities: NPL levels are little changed
PBoC governor Yi Gang vows to resolve property sector risks as another developer defaults