Central Banks
Reputational risk tops central bank concerns
Cyber security and credit/counterparty risk followed
Labour market news matters for business cycle – BoE paper
Findings suggest previous focus on productivity is too narrow
Down but not out: US Libor trading continues amid ban
Outgoing rate hits market share lows in US swaps but little dent made in listed markets
Kazakh central bank suspends banking operations
Deputy chairman says banking will resume when situation is “stabilised”
Fed’s Clarida reveals large pre-pandemic equities trades
Departing vice-chair files amended disclosure forms, reigniting criticism of Fed leaders
Argentina raises rates for first time since 2020
BCRA raises benchmark rate 200 basis points, as IMF talks continue
Fed Board announces regional chairs and deputies
Proportion of women and ethnic minority directors at regional Feds increases
SNB predicts rise in profits for 2021
Early estimate suggests profits will be up around Sfr5 billion on 2020 figure
Peru hikes rates 50bp again
Central bank continues tightening programme begun in August
Papua New Guinea reforms central bank and forces out governor
Law changes board and policy framework, and allows central bank financing
Is Latin American monetary policy still counter-cyclical?
Latin American central banks have been tightening monetary policy aggressively. Steve Kamin examines whether this is a return to historical patterns or if it reflects a newer approach
People: McWilliams resigns from FDIC
New appointments at IMF and Indonesian central bank
RBI launches offline digital payments
Indian central bank hopes scheme will promote digital payments in remote areas
Uruguayan central bank speeds up monetary tightening
Central bank makes fourth consecutive hike and says it expects further rises at next two meetings
Turkish central bank announces $10 billion one-day profit
Move follows president’s pledge on dollar deposits amid evidence of worsening economic crisis
Adel Al-Sharkas appointed Central Bank of Jordan governor
Deputy governor promoted into top job as economy experiences “nascent” recovery
Economics Benchmarks 2021 report – executive summary
Covid-19 coloured central banks’ views on the governance of their economics function in the past year, from research topics to forecasting, data, publications and more
Poland continues tightening in new year
Central bank adds 50bp to rates, the fourth increase in a row amid high inflation
South Sudanese president fires governor for fifth time
President again dismisses governor as country’s economic crisis continues
Mexican government announces CBDC for 2024
Bank of Mexico has yet to comment publicly on the initiative