Central Banks
Weidmann calls for dropping QE tools in normal conditions
Long-term ultra-loose policy may have shifted natural rate of unemployment – Bundesbank head
Researchers find trade-off between financial sector development and inequality
Financial sector development negatively impacts inequality, BIS paper says
BoJ’s monetary easing criticised as balance sheet passes 100% of GDP
Central bank’s QQE has had limited impact but a wind-down poses significant risks, Sayuri Shirai warns
RBI standoff ends in compromise after marathon meeting
Nine-hour meeting ends in agreement, but government extracts concessions on key issues
Deposit insurance coverage up ‘substantially’ – IADI survey
Basel-based group finds deposit insurance is widespread and increasingly generous to depositors
PRA using AI to understand connectivity of rulebook
UK regulator is using Google search engine algorithm to see if rulebook can be streamlined, says BoE’s Proudman
Fed to review monetary policy framework
Reassessment of the framework has been long sought-after among some Fed officials
Oxford academic argues Milton Friedman is misunderstood
James Forder says Friedman had a bigger impact on neoclassical economics than on monetarism
IMF concerned over Iceland’s inflation metrics
Inflation excluding housing near 60-year low for 2017, IMF reports
Goldfajn to step down as Brazilian governor, says incoming minister
Next governor likely to be Santander executive
Information can substitute for collateral, BoE paper finds
Strong lending relationships can insulate a firm during booms and busts
FSB unveils latest G-Sib list
One bank joins and two drop off the 2018 tally
Research project weighs bold plans for cross-border payments
One possibility is to create a single global central bank digital currency
IMF programmes do not harm governments’ financing ability – ECB paper
Governments use IMF as an excuse when “struggling with transparency”, authors argue
‘Big tech’ finance raises fundamental questions – BdF deputy governor
Risks from cloud computing not being addressed by supervisors, Denis Beau warns
EU stress tests should follow US example – EBA chairman
Enria says EU process is too slow and opaque compared to US approach