Central Banks
Trigger for emerging market sell-off still playing out, warns Argentine governor
There is a possibility of Argentina being “challenged further”, says Sturzenegger
Chilean deputy points to US inflation as biggest risk
Sustained US wage growth could trigger further outflows from emerging markets
New forex tool has made Jamaican market more competitive – Wynter
Jamaican governor says B-FXITT has levelled the playing field for smaller dealers
Cash usage in Switzerland below eurozone average – SNB survey
SNB’s first payments study finds 70% of transactions processed in cash in 2017
Time for Central Bank of Argentina independence
Monetary financing has fallen sharply, but must now end
Federico Sturzenegger on Argentina’s efforts to create a credible central bank
BCRA ex-governor speaks about market panic, IMF bailout, and ending high inflation and monetary financing
Brainard says yield curve inversion may not presage recession
Flatter yield curve “may temper somewhat” fears of a coming recession, says governor
Trump appears to pre-signal strong jobs data
US jobs report shows large increase in jobs and further drop in unemployment
Dutch government re-appoints Knot as DNB governor and boosts board
Two board members re-appointed and new member for resolution named
People: BoE’s Fried promoted; Vlieghe reappointed
New appointments in the UK, European Union and Israel
China opens onshore market to foreign investors
MSCI adds Chinese shares to its emerging markets index for the first time
Fed and other US regulators call for major changes to Volcker rule
Complex legislation has created compliance uncertainty, Federal Reserve argues
UK’s FCA to act on banks using overdrafts as revenue source
Regulator proposes rules to improve transparency around the cost of credit
Have central banks created a ‘debt trap’? No, but ...
Tougher regulation has helped ensure extraordinary monetary policy has not caused dangerous rise in private debt
Stress tests find large Danish banks can withstand severe recession
Smaller institutions fall short of minimum capital requirements, central bank finds
India needs new payments ‘vision’ – Kanungo
RBI deputy governor calls for debate on several innovative areas for Indian payments