Minutes
Working group minutes: Central banks adopt scenario analysis
Approach is guiding institutions’ responses to Middle East war and El Niño
RBA felt May hike gave it room to assess impact of Iran war
Board members believed tightening would make conditions slightly restrictive, minutes show
Working group minutes: guarding financial independence
Dynamic capital may help but tailoring accounting frameworks to central banks is still challenging
Working group minutes: cyber and quantum strategies
Central banks are upgrading their own systems and pushing financial firms to think strategically
Working group minutes: strengthening crisis management
Maintaining a strong team of resolution experts can be difficult for smaller central banks
Working group minutes: strategic planning structures
Central banks are adapting their strategic planning functions and adopting digital tools
Working group minutes: rethinking dollar reserves
Central banks are seeking ways of mitigating geopolitical risk while maintaining dollar exposures
Working group minutes: central banks face balance sheet challenges
Some institutions are struggling to absorb large amounts of excess liquidity
Working group minutes: strategic plans becoming more inclusive
Central banks are seeking input from wider range of staff and stakeholders
Working group minutes: seeking better interactions on social media
Building engagement is a challenge and brings risks for central bankers
Working group minutes: a phased approach to 24/7 RTGS
Longer hours imply risk trade-offs and need to overcome resistance from banking industry
Working group minutes: central banks seek cash cycle efficiencies
Some EME institutions are restructuring operations and promoting digital payment methods
Working group minutes: refining forecast models
Central bank economists discuss challenges of tackling errors and integrating new model features
Working group minutes: facing up to CBDC adoption challenges
Participants at Cape Town meeting saw drawbacks to digital currency versus other payment methods
Working group minutes: reserve managers chafe at constraints
Officials at several central banks say limited investment universe restricts room for manoeuvre
Working group minutes: central banks weigh CBDC design choices
Central bankers discuss CBDC design elements, adoption rates and cross-border payments