Central Banks
Carney and Draghi to tackle Brexit risks in new group
EU and UK authorities ask central bankers to manage risks to financial services
Norway’s pension fund suffers volatile first quarter
Fund loses $21 billion amid market gyrations but real estate proves its worth
Short-selling behaviour can cause financial instability – Sarb report
Short-selling of Capitec Bank stock could have caused financial instability, Sarb says, but quick action stemmed crisis
BoJ drops timeframe for achieving inflation target
Bank has postponed target for achieving 2% inflation six times since 2013
Andreas Dombret on ECB policy, deposit insurance and Basel III
The Deutsche Bundesbank executive board member speaks about exiting QE, the viability of European deposit insurance, the German banking system and doing a deal on Basel III
CFTC chairman expects to resolve EU-US CCP spat
Giancarlo lauds relationship with EU’s Dombrovskis
Bank of England unveils new education initiative
The “econoME” programme seeks to bring basic economics into UK classrooms
Party politics may influence German banks’ bond holdings, ECB paper finds
Researchers examine effects of local elections on decisions by local savings banks
World Bank names new chief economist
Pinelopi Koujianou Goldberg brings deep experience of trade economics; predecessor Paul Romer spent a turbulent 15 months in office
BoE profits exceed target, but pay squeeze continues
Senior staff to receive below-inflation pay rises, though income and costs both “favourable”
Finnish lawmakers nominate Olli Rehn to be next governor
Likely candidate is former European commissioner and economic affairs minister
Bank of Canada paper analyses benefits of higher inflation target
Success of higher target hinges on use of unconventional monetary policy and the level of real interest rates
Eurozone growth showing signs of ‘moderation’, Draghi says
ECB president says recovery is continuing; temporary factors may be slowing growth
Bundesbank paper asks ‘how far can we forecast?’
Statistical tests imply forecasts typically become uninformative after just a few quarters
Riksbank delays first hike on weak inflation
Repo rate expected to remain negative until late 2019