Central Banks
Sri Lankan central bank raises rates and clashes with power company
Energy chairman says “power crisis” has been caused by unwise use of foreign exchange
Central banks can lean against fiscal dominance – BoC paper
Authors find monetary policy works better when conditional on fiscal policy
Visa, Mastercard and Amex suspend Russia operations
Bank of Russia says domestic payments will still be possible across its own systems
SNB profits rise to $28.5 billion
Central bank reaffirms pledge to halt appreciation of the franc
People: Chile appoints new central bank director
BoJ set to gain new policy board members; RBA names new head of banking; and more
Economists warn Latin America faces another lost decade
Continent is “halfway to a lost decade already”, says World Bank’s Carmen Reinhart
Bank of Russia pauses repo transactions
Central bank increases forex surcharge amid signs of strains on banking liquidity
The ECCB’s DCash outage: what went wrong?
Experts discuss security certificate problems that may have derailed DCash pilot
Bank of Canada governor says rate increase ‘was first step’
Macklem says he expects inflation to fall in second half and expectations remain anchored
IMF and Argentina reach preliminary agreement on new programme
Argentina must implement new monetary policy framework as part of $45 billion aid package
Bank of Canada says software problem halted repo auction
Central bank says securities repo operations have now restarted
BoE aims to boost comms with new ‘visual identity’
Design overhaul aims to help central bank reach a wider audience, BoE says
ECCB says pilot CBDC will return next week
Barbados firm Bitt still working on DCash project after outage beginning on January 14
Ukrainian central bank says lenders and payments remain stable
Shevchenko warns over foreign currency pricing as Russia increases reinsurance capital
Powell says he expects March rate hike
Fed chair says FOMC is discussing agreement on shrinking balance sheet
Latin American dollar debts could cause systemic risk, paper says
Authors say the Fed risks a major policy mistake if it ignores the wider impact of tighter US policy