Central Banks
Malaysia using more yuan and ringgit for trade, BNM says
Central bank says the use of dollars for settlement has remained stable over last 14 years
BoE holds policy rate as MPC flags persistent inflation
Headline price rises forecast to drop below 2% within months, but wage growth remains high
Taiwanese central bank unexpectedly raises rates
Rate-setters warn of potential rise in inflationary expectations amid stronger growth
Monetary policy should account for energy shocks, says study
Energy price hikes may cause spiral of higher unemployment and lower spending, paper says
South Africa reappoints Kganyago and top executives
Mampho Modise to replace Kuben Naidoo as central bank’s deputy governor
FOMC holds rates again
Experts say Federal Reserve faces difficult choices despite easing inflation
Bank Indonesia holds rate
Governor pledges continued interventions to support rupiah amid low inflation
PBoC keeps benchmark rates unchanged
Markets expected decision to hold one-year and five-year loan prime rates
Chinese authorities reshuffle monetary policy committee
Four new members include securities regulator, PBoC deputy governor and two academics
Pakistan holds rates despite high inflation
MPC says country needs continuing tight policy, fiscal discipline and foreign financing
Some US banks vulnerable due to non-deposit funding, paper finds
Banks reliant on capital markets saw profits fall during tightening cycle, researchers say
BoJ ends negative interest rate policy
Japanese central bank also scraps yield curve control policy and ends ETF purchases
Carstens calls for ‘greater realism’ on what policy can deliver
Monetary policy should avoid “excessive fine-tuning”, BIS chief says
Bundesbank reckons with predecessor’s past
German central bank publishes report showing Reichsbank was integral to the Nazi era
Inflation targeting is best response to natural disasters, study says
Hard pegs and inflation accommodation worsen long-term effects, BoI paper finds
Bank of Italy study looks at regulating finance firms’ tech risks
European authorities’ efforts have increased sector’s operational resilience, researchers find
Malaysian central bank rebukes Google for exchange rate error
Google Malaysia says faulty exchange rate data came from third party and apologises for the error
Ukrainian central bank cuts rates
Pyshnyy welcomes falling inflation, foreign exchange stability and prospect of renewed aid
SNB posts loss of Sfr3.2 billion
Sight deposit account balances drove this year’s loss, Swiss National Bank says
National Bank of Moldova launches instant payments system
US government backs initiative as Moldovan policy-makers seek links with western nations
US should tighten macro-pru to reduce recession risk – BdF study
Research recommends higher capital requirements and counter-cyclical buffers