Central Banks
UK regulators welcome Brexit ‘back-stop’ legislation
Draft law would allow firms temporary access to UK markets in event of ‘hard’ Brexit
Indian researchers use Google searches to overcome lack of data
RBI paper examined Google Trends to study growth in the Indian housing market
The data commons: Taking big data global
The International Monetary Fund’s first-ever overarching strategy on data aims to spread big data expertise among fund members. Louis Marc Ducharme discusses the upcoming challenges.
Peru central bank clashes with IMF over communication
Central bank says it has no plans to modify communication given success of guidance
Regling defends ESM’s role in safeguarding eurozone integrity during crisis
ESM chief says completing banking union would reduce risk of future financial turmoil
Flattening yield curve opens questions about nine-year US expansion
Officials and market observers disagree about information conveyed by bond yields
Ghana under pressure from Fed hikes – governor Addison
US policy normalisation sends Ghana’s inflation into double figures while the currency falters
New Central Bank of Iran governor appointed
Ministers choose not to renew the term of Valiollah Seif, amid continued rial instability
Central Bank of Ireland criticises banks for gender imbalance
Approach to diversity is inconsistent and not evident in a number of cases, review finds
Risker Italian banks boosted funding from CCPs during crisis – paper
These banks may have been dropped by bilateral funding partners, researchers say
UK ATM network backtracks on interchange fee hikes
Consumers turn to cash alternatives “quicker than expected”
Competition and profits biggest factors in eurozone credit supply – ECB
Robust growth is expected in all main areas of credit in next quarter, says ECB
China’s weakening data triggers stimulus action
PBoC official complains the central bank was having to act alone
Ukraine’s central bank goes back to 5% inflation target
National Bank of Ukraine raises rates, despite falling core and headline inflation
Bank of England experiment tests RTGS with DLT in mind
DLT proof-of-concept participants suggest implementing “cryptographic-proof” model
Lira plunges as Turkish rates stay on hold
Central bank inactive despite spiralling inflation and looming debt crisis
BIS paper compares current Asian vulnerabilities with 1997 crisis
Global banking statistics could have given warning signals ahead of Asian crisis, authors say