Central Banks
Economists denounce Trump’s ‘bullying’ of Fed chair
Experts also back Powell’s assessment rates would probably be lower were it not for tariffs
Central bank gold purchases rise in May
WGC says net purchases hit 20 tonnes as appetite among monetary authorities remains strong
Hong Kong intervenes once again to protect currency peg
Intervention is HKMA’s second at weak end of HKD/USD band in less than a week, with more likely
Climate change among issues that became ‘taboo’ during QE – study
Central banks also exercised “strategic silence” on house prices to avoid becoming politicised
Pillar 2 supervisory requirements broadly decided at national level
Only 15% of authorities operate regional supervision offices
ECB announces dual-track DLT strategy
Short-term programme connecting platforms and Target services to launch in 2026
Ethiopia holds policy rate as inflation persists
Central bank vows to maintain tight stance until figure returns to single digits
Basel III not holding back development finance – Thedéen
Regulations should not be viewed as “scapegoat” for lack of investment, says committee chair
IMF disburses additional $500m to Ukraine
Central bank governor welcomes “positive news from Washington” as country passes latest EFF review
People: RBNZ announces board appointments
Grant Spencer joins while Goldman alum Byron Pepper is reappointed
The future of money
Central banks may require more flexible inflation targets and facilitate wider payments interoperability to maintain trust and the ‘singleness’ of money. By Sethaput Suthiwartnarueput
Supervisors rate resource sufficiency higher than staffing
Annual salary of supervision officials averages just over $40,000
ECB unveils latest strategy fit ‘for all circumstances’
Chief economist says unconventional tools are “unconventional for a reason”
Finland’s Välimäki on the ECB’s monetary policy framework review
Bank of Finland board member Tuomas Välimäki discusses the benefits of a ‘hybrid’ balance sheet model to provide dependable structural liquidity without distorting markets
PBoC to increase ‘intensity’ of policy adjustments
Bank to retain “moderately loose” stance while targeting stable growth and reasonable prices
Most supervisors have mandate to oversee non-banks
Supervision department staff average just over 150 individuals
Ex-OCC chief Michael Hsu on the impact of an America-first agenda
The former acting comptroller of the currency speaks with Christopher Jeffery about the future of the US Treasury market, Fed independence, financial de-regulation, the Genius Act and international co-operation
BIS reports record income as Carstens steps down
General manager attributes strong result to successful banking department transformation
Global economy at ‘pivotal moment’, BIS says
Policy-makers must not forget structural weaknesses when dealing with near-term shocks, body says
Central bankers launch forum to share supervisory expertise
Forum on Financial Supervision at LSE overseen by Pedro Duarte Neves and Andrea Enria