Central Banks
IMF hits PRGT milestone but quota deal remains elusive
US wants to maintain voting shares as China continues to press for more proportional allocation
Rate hikes: too much, too late – and now too dangerous
Why monetary tightening risks a global credit crunch
Opponents of dual mandate win New Zealand elections
National Party promises to abolish RBNZ commitment to ‘maximum sustainable employment’
Inflation in Germany has peaked, says Bundesbank president
Both CPI and HICP inflation declined sharply in September
Little progress in latest US CPI report
Headline figure was 3.7% in September, unchanged from August, but core inflation fell
Latest ECB rate hike was a ‘close call’, say minutes
A group of officials argued incoming data did not support higher rates
Argentina raises policy rate to 133% as crisis deepens
Presidential candidate Milei says peso worth less than ‘excrement’
Kenya to buy back $500 million in Eurobonds
Central bank governor says country will seek ‘exceptional’ IMF funding
Balance sheet data can help gauge systemic risk, ECB paper says
Researchers present methodology for assessing large and small lenders based on SRisk measure
Natural disasters can trigger capital flight – Bank of Italy paper
International investors move funds out of EMEs but not advanced economies, researchers say
Paper offers new method for measuring natural rate
Authors say use of natural experiment leads to much smaller errors
China SWF buying bank shares on Shanghai exchange
Central Huijin was created in 2003 to address domestic banking crisis
Currency round-up: Liberia withdraws pre-2021 notes
DRC central bank calls on the public to better preserve banknotes, and more
Soma manager predicts transition success for US reserves
Roberto Perli said short-term funding markets will likely not see significant disruptions
FedNow – at last
The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch
Bond market turmoil could aid Fed policy, say FOMC members
Phillip Jefferson and Lorie Logan say financing points to strong economic momentum
Burundi authorities arrest former governor
President fired Murengerantwari on October 8 without explanation
EME officials predict volatility from ‘higher for longer’ rates
Fed’s policy set to worsen environment, say officials from Peru, Colombia and South Africa
Mexican inflation slows slightly
Headline inflation remains over target, as analyst warns food and fuel prices could rise
BoE to conduct ‘desk-based stress test’ for 2024
Financial policy committee warns of some risks in UK corporate and household finance