Central Banks
Swedish deputy governor praises eurosystem’s instant payments project
Government involvement necessary for safe real-time payments, Jochnick says
Senior Fed officials split over the state of US job market
Regional presidents and FOMC members see US under, approaching or beyond full employment
Bank of Israel criticises government’s defence spending plans
Outgoing governor Flug also disagrees with finance ministry’s low-tax policies
Monetary policies spill over to currencies, BIS paper says
Paper examines impact of multiple monetary policies on cross-border bank lending
Sierra Leone’s president fires governor and appoints successor
Recently-elected president appoints academic as economy’s problems worsen
Bank of Thailand names digital currency partners
Central bank says first phase of ‘Project Inthanon’ should be completed by first quarter of 2019
Australian payments upgrade eases emergency payments – RBA deputy governor
New payments platform speeds payments between government agencies, Boulton says
Removing low-denomination coins not inflationary - BoE research
Rounding would be applied to total bill and not individual items, paper argues
People: Chinese and Turkish central banks each gain new deputy governors
Bank of England director to lead Irish central bank financial stability department; and more
Book notes: Capitalism without capital, by Jonathan Haskel and Stian Westlake
The authors have created a compelling framework to characterise and explain the nature of intangible investments in our economies, writes Michael Reddell, but their conclusions are lacking in analysis and data
Sudanese central bank attempts to tighten finances as crisis deepens
No replacement announced for late governor, who died in June
Financial stability mandate could ‘undermine’ monetary policy – Weidmann
Bundesbank governor says putting financial stability on par with price stability would be a mistake
Kenyan central bank reports big increase in banks breaching regulations
Governor calls for banks to consider their “long-term impact on society”
Denmark completes RTGS renewal
New functionality will allow Danish banks access to Europe’s Target2-Securities in late 2018
ECB policy changes foreign-denominated lending – Bank of Spain paper
Tighter ECB policy usually leads to increased lending abroad, researcher finds
Financial crisis lowered US output – San Fran Fed research
US output has been persistently lowered by 7 percentage points, researchers say
Book notes: Digital human, by Chris Skinner
Skinner provides a valuable insight into the challenges banks face as technology continues to permeate further into the financial industry
Trump says Federal Reserve should give him ‘some help’
US President says central bank should hold policy rates while he negotiates trade deals
Australian central bank holds rates, but governor warns of future rises
Board members confident about effects of tighter Fed policy and possible trade disputes