News
Rates round-up: Australia signals more tightening to come
Guatemala and West African states increase rates, while Jamaica raises reserve requirement
Russian payment system to start operation in Cuba soon
Ambassador says Mir will help Cuba counter effects of embargo
To repo or to buy? Non-bank liquidity backstops still elusive
BoE’s Hauser and Fed’s Logan flag major design challenges in building ideal market backstop
China sets modest growth target ahead of leadership reshuffle
Outgoing premier Li calls for accommodative policy and warns of property sector risks
Chicago Fed used search firm that employed Goolsbee’s wife
Board says it was aware of Robin Goolsbee’s employment
BoE tells LME Clear to fix governance failings
Regulators open “enforcement investigation” into nickel market disruption
Pakistan raises rates by 300bp as default risks rise
Authorities struggle to collect taxes and unlock IMF funds
What is happening to US wages?
Economists disagree over causes of real wage stagnation
Australian treasurer welcomes chance to ‘refresh’ RBA board
Chalmers does not recommit to extending Philip Lowe’s term as governor
People: IMF appoints western hemisphere head
Nepal’s first central bank governor dies and Israel bank supervisor steps down
Bundesbank reports first loss in over 40 years
Decision not to pay a dividend comes after ECB reported losses last week
Currency round-up: Ukraine issues war anniversary note
Caymans redesigning banknotes; Travelex expands wholesale business; and more
End dependence on central bank financing, Ukraine governor says
Supervisors will start evaluating banks in April as IMF considers increased financing
RBA official raises concerns over CBDC
Central bank proceeding with pilot despite potential drawbacks
Agent-based models shed light on CBDC dynamics
Take-up could be as high as 25% of total money, but depends on design choices, IMF research finds
Digital pound unlikely to be monetary policy tool – Cunliffe
Deputy governor says effect of paying interest unclear and could clash with other objectives
Swiss authorities freeze Lebanese governor’s assets – report
Lebanese prosecutor orders judge to pause investigation of crisis-hit banks
Israel political crisis sparks fears for economy
Bank of Israel governor reportedly convened financial stability committee last week
Disinflation may trigger recession, say Mester and Jefferson
Fed president and governor acknowledge policy tightening is uncertain and costly
FATF suspends Russia and grey-lists Africa’s largest economies
South African president pledges rapid reform as Yellen hails action against Russia
Court rules golf tour organisers can sue Saudi sovereign fund
PGA Tour and Saudi-sponsored rival pursue dueling lawsuits in US court
BIS welcomes end to investors’ ‘sanguine attitude’
Optimism over future easing clashed with what central bankers were actually saying
Carstens sets out vision for future monetary system
Programmable money on shared ledger would preserve two-tiered structure
Biden nominates Ajay Banga to lead World Bank
Ahead of the nomination, some argued president should pick a non-US citizen