Central Banks
European authorities freeze Lebanese governor’s assets
Riad Salameh one of “five main suspects” subject to €120 million asset seizures, say prosecutors
ECB opens €10 billion swap line with National Bank of Poland
Central bank extends repo lines with non-eurozone counterparts until January 2023
Central banks ‘behind the curve’ on inflation, warns Goodhart
Charles Goodhart says stagflation is the most likely outcome in the coming years
Fiji launches $7 varnished banknote
Reserve Bank issues commemorative note to celebrate rugby sevens squads
Are central banks ahead of banknote counterfeiters?
Antti Heinonen analyses data on recent trends in counterfeiting
Economics Benchmarks 2021 – presentation
Central Banking’s economics subject matter specialist Daniel Hinge speaks with Chris Jeffery about governance, modelling, forecasts and research
Role of boards differs widely across central banks
All benchmark respondents have boards, but powers and responsibilities show great variety
ECB announces phased end to Covid-19 collateral loosening
Conditions for access to liquidity schemes will tighten but Greek sovereign debt waiver will remain
Brazilian governor signals central bank close to halting rate hikes
Roberto Campos Neto said Selic rate at 12.75% should be enough to lower inflation back to target
Yen drops as BoJ defends yield curve target
Bond operations send Japanese currency to seven-year low against the dollar
Systemic stablecoins may not need ‘bank-style’ resolution – BoE
Non-bank stablecoins set for “tailored” regulatory regime under plans by UK policy-makers
More central banks have diversity and sustainability policies
But these policies remain less common than codes of ethics and whistleblower policies
Albania orders first rate hike in 11 years
Increase of 50 basis points returns policy rate to pre-Covid level
Bank of Russia fixes gold price and increases loans
Central bank announces new emergency measures after fresh round of US sanctions
Honduras central bank warns on bitcoin again
Central American country will not follow El Salvador in making bitcoin legal tender, BCH says
SNB keeps rates at -0.75% but increases inflation forecasts
War in Ukraine is boosting inflation through higher oil and other commodity prices, SNB says
López Obrador apologises for leaking rate rise
Mexican president’s announcement had stoked new fears about the central bank’s independence
Heads of state often play key role in governor appointments
Benchmark respondents say governors’ terms last four to seven years
Argentina orders 200bp rate increase, to 44.5%
Tighter monetary policy is in line with IMF deal, while neighbour Paraguay makes 50bp hike
Mexican president leaks news of central bank’s rate hike
López Obrador reveals 50bp rise hours before monetary policy announcement
Ida Wolden Bache becomes Norges Bank governor as MPC raises rates
Jens Stoltenberg steps down from role due to Ukraine crisis