Central Banks
Researchers try to measure public trust in ECB
“Reflective trust” is lower than “instinctive” reaction, especially among women, paper finds
Pakistani governor steps down as term expires
Government chose not to renew Reza Baqir’s term
South Korean inflation climbs to 13-year high
Central bank concerned about record price rises
Costa Rican president-elect names next governor
Róger Madrigal López will lead central bank once new administration takes office on May 8
Central banks offer wide range of comms training courses
Many train communications staff in areas such as writing, public speaking and social media
Colombian central bank raises rates by 100 basis points
Three board members voted for a 150bp hike
Cuban central bank to license crypto service providers
Resolution may encourage greater use of virtual currencies for remittances
ECB renews repo line for Romanian central bank
Move comes after ECB creates liquidity facility for Poland and renews four other repo lines
RBA hikes for first time in over 10 years
Philip Lowe says RBA will also allow the balance sheet to shrink, as inflation rises more than expected
US banks anticipate delay to Basel III implementation
New Fed supervision head expected to align schedule with EU and Japan, but time is tight
Many central banks ‘layer’ news for different audiences
Techniques include use of differing language, visual and video presentation, and data release
Bank of Russia continues unwinding giant rate hike
Central bank cuts rate 300 basis points to 14%, in second reduction this month
Higher global inflation allows SNB to let franc rise – Jordan
Less integrated global economy could lead to persistent higher inflation, says SNB chair
Botswana hikes newly introduced policy rate
Central bank announces first rate increase since 2008 as inflation stays in double digits
Costa Rica increases pace of monetary tightening
Central bank hikes rates by 150bp as core and headline inflation continue to rise
BIS figures show banks cutting Russia exposures
Exposures down almost half since Russia annexed Crimea in 2014
Central bank comms staff earn $40,000 on average
Data shows wide disparity across institutions and income groups
Japan reinforces yield curve control
Yen falls after MPC commits to daily purchases of Japanese government bonds at 0.25% yield
Central African Republic makes cryptocurrency legal tender
War-torn state is second country to give crypto official status, after El Salvador
Riksbank tightens policy for first time since pandemic's onset
Swedish central bank surprised analysts by raising rates and reducing asset reinvestments
BoE backs cut to insurers’ capital requirements
Post-Brexit move to ease regulations requires tightening of some other rules, central bank says
Wide variation in comms staff numbers
Smallest communications team has just two members, and the largest over 100