Central Banks
Ugandan president keeps governor’s role vacant
Observers say president Museveni wants loyal appointee to follow Tumusiime-Mutebile
ECB will hire young Ukrainian researchers
Up to 15 trainees will help evaluate impact of Russian invasion
Chinese authorities investigate senior PBoC official
Anti-corruption agencies launch probe into sacked head of monetary policy department
BIS report highlights macro risks of inequality
Persistent inequality could weaken policy and create negative feedback mechanism, research finds
Fed research examines single cyber attack’s effects on stability
Federal funds market and discount window kept banks liquid despite attack – researchers
Communications Benchmarks 2022 – opening new channels
Data sheds light on the continued shift to new channels and tools of communication
Mervyn King says central banks made ‘serious errors’ on inflation
Former BoE governor says UK should raise rates further to curb spiralling prices
ECB paper makes case for mixed ownership of banks
Foreign state-owned banks tend to play stabilising role during domestic banking crises, authors find
Fed’s Evans says front-loaded hikes are ‘pretty much in process’
Outgoing Chicago Fed president worries about uneven wage gains
Rates round-up: Uruguay, Tunisia and Serbia tighten policy
Inflation fears prompt more rate hikes from central banks worldwide
Interpol cancels red notice for Suriname ex-governor
Police body will not involve itself in a case that has a political character
How to stop stablecoins from hoarding precious collateral
Repo markets expert and crypto bank chief exec think Fed reserves are the right answer
Central bankers have lost sight of inflation
Inflation resurgence comes after central bankers were distracted from their primary task by climate and crypto, combined with an overreliance on new Keynesian approaches
BoE officials admit inflationary spiral is a growing risk
Deputy governor says “inflation mentality” could start influencing firms’ pricing decisions
Zimbabwe lifts lending freeze
President had announced total halt to lending in bid to defend local currency
Austria’s Partsch explains decision to raise equity exposures
Central bank boosted equity investments from 5% to 12% in the wake of the pandemic
Sarb puts South African bank into receivership
Central bank concerned by governance at lender owned by union and employers’ trust
Bernanke says Fed acted too slowly on inflation
Former Fed chair argues forward guidance hampered Fed’s response to rising prices
The green agenda dilemma
Central banks face a choice over whether to support national energy independence or climate goals, amid calls from some parties for higher inflation targets
Digital euro could be reality by 2026 – ECB’s Panetta
ECB will step up engagement with authorities and investigate means of issuing CBDC