Central Banks
Jackson Hole conference switches to online-only model
Kansas City Fed cancels Wyoming get-together, citing Delta variant
Bank of Israel delays rate hike as Covid-19 cases rise
MPC says it will continue with accommodative policy despite GDP growth and on-target inflation
Bank of Thailand to test retail CBDC
Thai central bank will invite firms to participate in testing prototype in 2022
Fed may taper asset purchases this year, say FOMC minutes
Federal Reserve staff warn US financial system has “notable” vulnerabilities
Fixing market-based finance: duct tape or deep reform?
Central banks are increasingly having to act as market-makers of last resort. But deeper reforms may be needed to avoid stretching their balance sheets to breaking point
Norges Bank signals September rate hike
Norweigan central bank stresses long period of low rates increases financial stability risks
New forward guidance is “elemental” for ECB strategy, Lane says
Chief economist implicitly disagrees with Belgian governor’s criticism of new wording
US and IMF block Taliban access to Afghanistan assets
IMF will not allow Taliban to receive SDRs, while US freezes central bank reserves
Belizean governor fired by prime minister after ‘integrity’ row – reports
Former governor says he was forced out after conflict over “special interests”
Philippines central bank calls for urgent reform of secrecy law
Financial industry says current law attracts money launderers as governor demands change
Canada records highest inflation since 2011
House prices help drive figures up, as inflation becomes campaign issue in election season
RBI launches financial inclusion index
Metric based on 97 indicators designed to assess access, usage and quality of financial services
Mexican president demands IMF assets from central bank
Governor rejects proposal and former presidential ally says it would be legally impossible
Less chance of “taper tantrum” in emerging markets – Dallas Fed paper
Emerging markets have larger dollar reserves to meet financing disruptions
RBA governor dismisses calls for policy review
Opposition politician criticises central bank for frequently missing inflation target
The renminbi’s rise to prominence: focus report 2021
Central Banking explores the impact the addition of the renminbi to the SDR basket has had on internationalising the Chinese currency; central bank reserve managers share their views on including the renminbi in their portfolios; and we take a look at…
Majority of retail payment systems lack real-time processing and settlement
Over half of RPSs in emerging market economies were owned by central banks, but in advanced economies this fell to less than a quarter
Bank dividend suspension proved effective – ECB
Lenders that reduced distributions increased both provisions and lending to the real economy