Central Banks
IMF praises Ukrainian central bank while disbursing $1 billion
IMF deputy managing director calls for continued support for central bank’s reforms
Debelle sets timeframe for adoption of forex global code
Market participants will have six to 12 months to adjust practices once code is published on May 25
RBI’s Patel gets pay rise but remains cheap by G20 standards
Other G20 governors and even other RBI staff earn substantially more
Buyers of risk in CDS market highly exposed, ECB paper finds
Researchers analyse credit default swap market using data from 2011 to 2014
Kosovo central bank joins supervisory agreement with EBA and neighbours
Supervisors from five other parts of former Yugoslavia joined in 2015
ECB set for €50 note launch
European Central Bank to launch fourth banknote in new Europa series on April 4
Tucker: policymakers should focus on resilience and clarity
Central banks would gain legitimacy if they could better explain models of systemic crises – former BoE deputy governor Paul Tucker
Icelandic leaders clash on possible peg
Prime minister challenges finance minister’s assertion that the krona needs to be pegged
Uncertainty matters for forward guidance success – BoE paper
Authors show introducing uncertainty generates significantly different macroeconomic effects
Asset purchases could bring benefits in ‘normal’ times – paper
IMF working paper discusses whether asset purchases should be added to standard central bank toolkit
Haldane: central banks could ‘gamify’ communications
The game Monopoly could be the next tool in central bank’s communication toolbox, Haldane says
Eurozone instability tops reserve manager fears – survey
Threat of instability or weakness in the eurozone is the main concern for reserve managers in 2017
Bank of Finland publishes China and Russia forecasts
Chinese targets “encourage data manipulation”; Russia stalls on structural reforms
Fed’s Dudley discusses unwinding of balance sheet
Should reinvestment end “abruptly”, financial conditions would tighten, New York Fed president says
BoJ builds on BIS banking statistics
Researchers break down statistics further, shedding new light on patterns of cross-border banking
ECB criticises draft Polish law on foreign-denominated loans
Draft bill could be even more expensive than previously abandoned proposal, ECB says
Ghanaian president nominates economist as governor
Ernest Addison is lead regional economist at African Development Bank
Inflation worries prompt further action from Mexico
Mexico slows pace of rate hikes amid inflation worries and volatile exchange rate
Bank of Israel revamps policy communications
Central bank adopts new approach to communicating monetary policy decision
Bahamas further relaxes capital controls
Specific sectors of the economy will be able to obtain foreign exchange from banks both at home and abroad
Be careful of using swaps to track inflation expectations, analyst says
Be careful of using swaps to track inflation expectations, analyst says
Danes claim top spot for EU card payments
Danish people use cards more than any other European Union nation
Basel Committee outlines enhanced disclosure framework
Revised Pillar 3 standard adds “dashboard” of banks’ key prudential metrics
Ghanaian governor resigns after one year in office
Recent IMF staff report praises central bank, but says Ghana faces challenges