Central Banks
People: US Senate confirms new Fed board member
Bank of Mexico deputy will leave central bank by the end of November; new Fed governor approved by Senate; and more
Sri Lankan central bank tackles ‘large and persistent’ liquidity deficit
Central bank adjusts policy to support banks, but weak economy and falling rupee limit options
Singapore central bank to put $5 billion into venture capital sector
Move will complement “curated deal-making programme” for Asean investment, says senior official
Atlanta Fed launches new rental market data tool
The affordability tracker sheds a new light on how many households in the region are struggling to find affordable housing
Brainard: Fed keeping open mind on AI regulation
Some rules already apply to AI tools, but Fed “still learning” about AI’s impact
Fed plans further cuts to regulation for community banks – Quarles
Further regulatory easing announced alongside greater stress test transparency plans
Fed official downbeat on US labour market
US labour market participation in stark contrast to advanced-economy counterparts, Daly warns
ECB paper looks at large database on inflation expectations
Expectations more powerful when lower bound on nominal rates is binding, researchers find
Balance sheet adjustments needed to combat climate change, says Finland’s Rehn
Finnish governor urges central banks to do more around the issue, including gathering more data to better forecast risk
Deputy to lead Bank of Israel amid appointment delay
Amir Yaron unlikely to be in governor’s office before the next monetary policy meeting
ECB prepares to supervise largest Bulgarian banks
Move comes as Bulgarian government attempts to join single currency
UAE central bank cuts cap on housing loans
Government carries out major increase in public spending
Podcast series: central banking in the post-crisis world
In a new series, Central Banking speaks to Yale’s Andrew Metrick about how the discipline has changed over the past decade
Dominican governor highlights central bank role in economic turnaround
The country is now one of the fastest growing economies in Latin America
People: Former Malawian governor dies
Mathews Chikaonda served as governor in the 1990s; new senior appointments made at the BIS; and more
US banking system responding well to post-crisis reforms, says Fed
Banking system shows healthy rebound despite supervision uncovering weaknesses, the Fed reports
China’s rebalancing on hold as growth falters – IMF paper
Rebalancing is expected to continue in 2019, but income inequality and leverage could prove an issue
Household debt is main risk for New Zealand – RBNZ’s Bascand
Deputy also notes country is more reliant than most on overseas funding