Central Banks
MAS heralds progress on cutting carbon emissions
Central bank reports reductions in climate impact across its operations and investment portfolio
Supervisors report capital and liquidity resilience across banks
Basel II remains most adopted global standard among respondents
NY Fed study points to more tariff-related inflation in US
Survey shows many firms plan to pass on further costs to customers over coming months
Policy transmission weaker in poorer countries – paper
Authors say disconnect may reflect limited financial inclusion and prevalence of informal credit
Perception is reality when it comes to comms – BoE paper
Study finds central bank messaging rarely reaches public, though it shapes media narratives
BoK sees AI boom continuing
Central bank dismisses concerns that semiconductor business cycle has peaked
Some G-Sibs’ capital exceeds Basel III provisions – BIS study
Certain jurisdictions demand higher-quality capital than is required under post-GFC rules
Data quality is main focus for improved supervisory reporting
Supervisors with high level of automation rate submissions more highly, but quality still an issue
Serbia holds rates for 22nd consecutive month
Central bank says it is continuing to pursue cautious monetary policy
Japanese government stresses importance of BoJ independence
Ministers’ comments come after 10-year JGB yields spike to near 30-year highs
Vietnam tracks towards credit growth target
Central bank deputy governor says lending grew by around 7.4% in first six months of year
Rajan, King and Stein to head Warsh’s Fed task forces
Former governors among experts asked to help ‘advance the cause’ of US monetary policy
People: Peru’s president-elect asks governor to stay on
Plus: Irish central bank makes senior appointments
Move to inflation targeting could boost resilience – IMF paper
Countries in Middle East and central Asia should make exchange rates more flexible, authors say
Romania and Poland continue to hold rates
Central banks exercise caution as inflation and geopolitical risk cloud outlook
FOMC worried about inflation despite rate hold
Minutes of June meeting highlight ‘broad-based’ price rises and persistent core inflation
Malaysia holds rates amid ‘fluid’ situation in Middle East
Central bank has kept benchmark rate at 2.75% for 12 months running
Size and business model are key elements of risk profile
Supervisors tend to inspect systemic banks once a year
Kenyan president signs new central bank law
Amendment provides framework for institution to offer emergency liquidity assistance
RBNZ tightens policy and expects more hikes to come
Central bank says inflation still above target
Yen options dealers struggle to hedge intervention risk
Hedge funds’ bets on BoJ intervention are leaving dealers with vol-surface exposures they can’t hedge cheaply
Silvana Tenreyro named as IMF chief economist
Former BoE policy-maker has research background in international economics
China allows its investors greater access to offshore bonds
PBoC ups quota as HKMA expands yuan funding and city begins trial run for gold clearing
Supervisors report sharp increase in AI adoption
Summarisation ranks as topmost area of application, with biggest use in larger teams