Central Banks
Gontareva on Ukraine’s funding, NBU policy and reconstruction
Former NBU governor Valeria Gontareva speaks about donor funding shortfalls, NBU policy and financial stability challenges, Nabuillina and the seizing of Russian assets, and post-conflict rebuilding and modernisation
Joseph Stiglitz calls for rethink of macroeconomics
DGSE models have “nothing to say” about economic effects of Covid-19 measures, Nobel winner says
Korean MPC tightens policy again and raises inflation forecast
Governor says central bank likely to continue with 25bp hikes as core inflation rises
Inflation targeting’s time may be over, Adam Posen says
Posen says changes to global economy may necessitate complete rethinking of monetary policy
Decision theory can guide climate modelling, Nobel laureate says
Lars Peter Hansen argues policy-makers need to pay more attention to uncertainty
Over half of central banks say AML risks are rising
But most say central banks co-operate sufficiently across borders against money laundering
Nigerian governor announces second phase of CBDC project
E-naira has been used in transactions worth $9.5 million, Emefiele says
Australian banks must do more on climate risks, RBA official says
Green asset taxonomy must be appropriate for Australian conditions, says central bank official
Bank of Israel raises rates by largest amount since 2002
MPC says short-term inflation expectations have fallen, but warns of faster increases in house prices
Geostrategic risks now a major factor – CNB reserves head
Ondrej Strádal supports use of CBR reserves for reparations, is reassessing renminbi allocations and has US recession as a ‘base case’ scenario
Crypto assets may threaten Asian stability, IMF officials warn
Rising correlation between crypto and equity markets poses financial stability risk, say economists
Bank Indonesia raises interest rates for first time in three years
Governor says decision is “pre-emptive” after inflation reaches a seven-year high
Central banks rarely lead AML/CFT efforts
Most institutions do not want more AML/CFT powers
PBoC urges big state banks to increase lending
Yi Gang summons bankers as PBoC says economy faces “critical moment’
Book notes: Can’t we just print more money?, by Rupal Patel and Jack Meaning
A genuinely readable but non-neutral introduction to economics
Myanmar regime replaces governor
New central bank head Than Than Swe survived attack by gunmen in April
PBoC cuts key lending rates
Move follows unscheduled cut to two other rates after official data showed growing slowdown
HKMA deputy chief executive to retire early
Hong Kong’s finance secretary will chair a panel to pick a successor through open recruitment