Central Banks
Policy communication main challenge for South American central banks
In regional meeting, delegates discuss importance of payments innovation and security
Central Bank of Azerbaijan cuts main rate as inflation slides
Inflation has run well below target in 2018, prompting the fourth rate cut of 2018
Bank of Jamaica seeks comms boost from first social media foray
Central bank joins Twitter to aid communication around economic reforms
Agent-based models: a new frontier for macroeconomics?
Agent-based modelling is opening up new possibilities for economics, but the discipline is still struggling to move from the sidelines to the mainstream
IMF boosts support for Argentina to $56.3bn
Programme aims for ambitious fiscal goals in an electoral year
Private debt and housing prices are main financial challenges in Norway
Rising commercial property prices also a potential threat to financial stability, central bank says
Cuban senate issues new financial system laws
Central bank, financial institutions and market infrastructure entities are all impacted
UAE government overhauls central bank law
Move is “significant step” to reinforce central bank’s independence, says governor
Acharya makes pointed defence of RBI’s independence
Governments may “ignite economic fire” if they undermine the central bank, deputy says
Sino-Japanese political optics right for $30bn swap and Tokyo RMB clearing
BoJ and PBoC agree local currency swap line after long delay; Bank of China set to be RMB clearer in Tokyo
BoE paper highlights flaws in bank modelling
Many models still treat banks as “warehouses”, authors say, with important modelling implications
People: Macedonia appoints two female vice-governors
ECB brings statistics expert from Eurostat; RBNZ creates position of manager communications
Swedish central bank looks at path to state-backed digital currency
Riksbank may recommend changes to its own mandate
Fed vice-chair backs further tightening
Clarida says data likely to support further rate hikes as Mester warns US is “beyond full employment”
African banks should adopt Nigerian regulatory model – Zimbabwean official
Foreign and domestic banks need uniform regulatory approach, official tells conference
Book notes: The bank that lived a little, by Philip Augar
History of British commercial bank Barclays fails to address key questions, writes Michael Taylor
Populist policies can wreck economies, Sarb governor warns
South Africa needs economic stability, Kganyago says
Key South African rate needs urgent reform – Sarb deputy governor
Jibar based on product that rarely traded during two-year period, says Sarb’s Mminele
Eurozone wage rigidity largely persisted in great recession – Finnish paper
Frequency of wage changes fell in recession in many countries, researchers find
Draghi confident Italy and European Commission will reach deal
ECB president says momentum is slowing but points to higher negotiated wage growth