Central Banks
People: Bank of Canada appoints deputy governor
Sharon Kozicki promoted to deputy role; new BEAC director in Chad; Lithuania appoints board member; and more
France and Tunisia carry out cross-border CBDC transfer
Latest BdF experiment sees central banks make wire transfer using wholesale CBDC
Technology is the best bet in fighting money laundering
Danish FSA chief Jesper Berg says there is a need to think ‘outside the box’ on AML, rather than blame flawed regulatory and institutional design in dealing with corrupt money flows
ECB set to adapt forward guidance in July meeting
Analysts expect ECB to adjust policy to meet goals of recent strategy review
Philippines governor issues caution over proposed fiscal package
Faster vaccinations, structural reform and infrastructure are key to recovery, Diokno says
Vietnam central bank and US Treasury sign currency pact
US had briefly labelled Vietnam a “currency manipulator”
Malawi launches corporate social investment policy
Policy will see central bank embark on projects supporting society
Incoming BoE policy-maker says inflation ‘momentum’ is easing
Catherine Mann says price rises appear to be starting to taper off
The ‘golden age’ of central banking has passed
Central banks face multi-faceted challenges and weakened autonomy amid highly polarised inflation expectations
DNB unveils sustainability policy
Dutch central bank sets out four-year green plan – investments must be “Paris-aligned”
Belarus raises interest rates 75 basis points
National Bank orders second hike of the year to combat inflation
IMF mulls SDR reallocation ‘trust’
Fund is considering ways SDR allocation can be channelled to vulnerable countries
Solomon Islands relaxes capital controls
Central bank raises limits on currency exports
BoJ to offer zero-interest loans for climate projects
Central bank highlights five areas of focus in new climate strategy
Kenyan governor asks for powers over digital lenders
Unregulated lenders are helping create ‘ballooning household debt’, Njoroge says
Mountfield to become World Bank vice-president, sources say
More people news: Atlanta Fed names senior VP, and Fed’s first supervision head goes to US Treasury
DRC’s president changes central bank board under IMF pressure, report says
IMF approves a $1.52 billion loan to DRC days after Tshishekedi removes directors
UK politicians criticise BoE over handling of QE
Critical report comes as BoE MPC member suggests asset purchases may need to be halted early
Inflation fears are ‘overstated’ – BIS research
‘Little evidence’ of the forces that normally lead to persistent inflation, bulletin article says
The ECB’s monetary policy strategy review
The ECB’s founding monetary policy architect, Otmar Issing, offers some initial perspectives on the ECB’s strategy review
Libyan governors meet as UN tries to broker reunification
Audit will recommend ways to end division of central bank caused by civil war, reports say
Chile’s central bank starts tightening cycle
Board votes to increase rates by 25bp amid rapid recovery and above-target inflation