Central Banks
People: Kenyan and Samoan governors named to UN digital task force
Kenya’s Njoroge and Samoa’s Ainuu-Enari to investigate digital impact on financial inclusion
Bahrain launches new repo instrument to foster interbank lending
Move comes after IMF directors back government’s attempt to diversify oil-based economy
Brazil’s inflation fell below target in November
Decline comes despite recent fall in currency’s value and turmoil over fuel prices
IMF tells Jamaica to bring in risk-based supervision
IMF sets year deadline for new framework implementation and urges improved co-ordination among regulators
Costa Rican congress passes central bank-backed tax reforms
Reforms were ‘not only necessary, but urgent’, central bank says
Finnish regulators need more macro-pru, deputy governor says
Current toolkit is not sufficient to deal with rising levels of household indebtedness
Cleveland Fed launches centre for inflation research
Bank plans to make its inflation conference annual rather than bi-annual
BoE issues warning over global leveraged loan market
Scale, growth and lending standards similar to pre-crisis subprime lending, BoE reports
Bank of England official urges buy-side firms to adopt global FX code
BoE markets director says uptake from the buy side has been slower than that of banks
Lack of monetary autonomy ‘central’ to eurozone debt crisis – researchers say
Spain would have been ‘immune’ to rollover debt crisis outside eurozone – Minneapolis Fed paper
Turkish inflation falls for first time since March
Currency has begun recovery after reaching record lows against dollar in August
Trade dispute causes PBoC ‘a lot of problems’ – Peking University's Xiao Geng
Monetary policy dilemma for PBoC due to US trade dispute; FSDB can curb regional excesses
Argentina removes interest rate floor
Peso stabilised since central bank introduced floating forex regime in September
Riskbank studies joining eurozone instant payments platform
Adopting Tips could lead to efficiency gains for Sweden, central bank says
Bundesbank paper looks at effects of sanctions regimes
German banks cut activity in sanctioned countries but subsidiaries may increase lending, paper finds
South African central bank launches review of payment system
Sarb says its regulatory mandate needs more clarity and calls for more powers over fintech
IMF advises Ethiopia central bank to stop financing government
Central bank’s tighter monetary policy should be supported by end to monetary financing – IMF
Podcast: How to fight the next crisis
In the last of the series, Yale’s Andrew Metrick warns we may be less prepared for crisis-fighting now than we were before 2008
IMF urges Bank of Papua New Guinea to depreciate currency
Fund offers words of warning to island nation over exchange rate woes
Communication of monetary policy took back seat in financial crisis, researchers find
ECB press conferences transmitted non-monetary information in 65% of cases from 1990 to 2017, researchers find
Yuan swap deal with Argentina boosts China’s presence in Latin America
Agreement expands existing line by 60 billion yuan to 130 billion
Bank of Canada points to trade tensions as it leaves rates unchanged
Above-target inflation in October is expected to fall in coming months
People: Bank of Canada appoints new deputy governor
Paul Beaudry named deputy governor at Bank of Canada; Central Bank of Argentina appoints economic research head; and more