Central Banks
BoE raises rate 25bp as ‘mixed’ data clouds outlook
“I don’t think it is time to declare it is all over,” Bailey says
Argentine candidate promises TV exposé of ‘empty’ BCRA vaults
Bullrich says currency controls “are eating the reserves”
People round-up: Breeden promoted to BoE deputy governor
Former Moroccan governor dies; Tonga appoints deputies; and more
AI can forecast inflation more accurately than professionals – St Louis Fed
Large language models may be powerful tools but have some drawbacks, researchers say
New Canadian $5 on hold as finance minister delays decision
Replacing former PM could provoke backlash from French Canadians and Conservatives
US legislators draft bill to limit Chinese influence at IDB
Proposal demands public reports of Chinese influence and contracts at the development bank
Colombian central bank holds rates for second meeting
Board stresses inflation remains higher than in advanced economies and Latin American neighbours
West African central bank freezes Niger’s accounts
BCEAO cancels bond issue after military detains elected president
BoJ unlikely to change policy further this year, analysts say
Central bank needs time to review situation after surprise yield curve move
Central bankers to evaluate IMF evaluation office
External panel to scrutinise Independent Evaluation Office, after 2018 review found lack of “traction”
Supervisory soft skills: working in a consensus-driven environment
New studies highlight the importance of supervisors being able to say ‘no’ – and persuade banks to act accordingly, writes Manoj Singh
Malawi raises rates as inflation continues climbing
Russia-Ukraine war and adverse weather events exacerbating food inflation
Paraguay president-elect names next central bank governor
Incoming finance minister promises to respect central bank independence
DeSantis attacks Federal Reserve
Republican candidate suggests he would name new Fed chair
RBA holds policy rate as inflation eases
Lowe says inflation is falling but remains too high
Fed leadership divided on proposed capital rules
Powell warns rules could push activity into shadow banking
Nicaragua considers joining Mir network
Finance minister says Russian cards will overcome “aggression” of sanctions
Currency round-up: Uganda considers dropping smallest note
Suriname banker calls for larger denominations, while Chilean ex-governor opposes them
Cambodian governor’s daughter succeeds him
Chea Serey is the first woman to lead the National Bank of Cambodia
Argentina reaches provisional agreement with IMF
Fund may continue loan despite non-compliance and ease reserve targets
Chilean central bank starts easing cycle with 100bp rate cut
Board says inflation is falling faster than expected and signals further reductions
US bank lobbying spending increases sharply in Q2
ABA and ICBA increased their spending by 132.6% and 264% respectively between quarters