Central Banks
FSB launches review of ‘too-big-to-fail’ policies
Bundesbank’s Claudia Buch to lead evaluation of post-crisis reform efforts
Fed prepared to adjust balance sheet size and composition
Minutes reveal discussions of how the Fed could use its balance sheet in long-run
RBNZ review lends support to loan-to-value limits
Macro-prudential tool has been helpful in promoting financial stability, study finds
Zambia raises rates for first time since 2015
Governor hopes to prevent inflation rising above 6–8% target
Smolii says central banks can learn from private sector communications
Central banks need a two-way dialogue with their “clients”, governor says; transparency has helped fight “downpour of fake news”
IMF paper urges central banks to seek wider audience
Central banks could do more to broaden their message, senior official says; financial stability communications still challenging
BoE’s Broadbent: constant Brexit delays are hurting investment
Deputy governor blames “repeated series of cliff edges” for poor UK investment
Local shocks may outweigh global factors for EMEs – ECB paper
US monetary shocks less important than much recent literature argues, researchers say
Indian central bank to set up new supervisory body
Move follows tension between RBI and government over banking supervision
Iceland’s central bank cuts rates by 50 basis points
Growth estimates cut sharply after blows to fishing and tourism
Senior Fed officials differ on monetary policy
Bullard says last rate rise “may have overdone it”, but Bostic “not super-concerned”
Nepal’s central bank bans Chinese mobile payment platforms
Alipay and WeChat Pay banned; foreign payment services must register in Nepal
BIS paper models dollar’s debt dominance
“Debt view” of dollar dominance has empirical support, authors say
Cambodian central bank voices concerns over possible Chinese spillovers
Central bank fears a sharp drop in property market could trigger financial system risks
Bank of Israel wins Supreme Court case on banknotes
Justices advise private ATM operator to drop case against central bank
Swift announces trials with ECB instant payment system
Linking “Swift gpi” to ECB’s Tips will greatly reduce delays in settlement, consortium says
IMF publishes first review of programmes since financial crisis
Directors say growth assumptions are often unrealistic and call for closer look at debt restructuring
Bank of Jamaica continues with monetary easing
Central bank has now lowered rates three times this year and cut reserve requirements twice