News
People: Fed governor gets new term; IMF’s Poul Thomsen to retire
New appointments made and portfolios reshuffled in the US, UK and more
Cuban president appoints new central bank governor
Marta Sabina Wilson González was senior official at state-owned lender
Brazilian MPC cuts policy rate to record low
Central bank forecasts inflation to stay within target range despite recent rises
Central Banking Awards 2020: final winners announced
Awards include lifetime achievement, transparency, communications and website
US must review payments system oversight, Brainard says
Big tech’s currency plans could mean payments oversight is further weakened – senior Fed official
ECB officials lay out positions on future inflation target
Weidmann and de Cos set priorities as strategy review focuses on inflation measurement and target
Fed’s repo tapering plans hit snag
Banks demand double what was on offer at Fed’s first reduced repo offering
Thailand cuts rates as coronavirus threatens growth prospects
Central bank lowers interest rates 25bp on concerns outbreak will hamper prices and tourist revenues; Asia-Pacific countries face strongest impact from the virus
Central Banking Awards 2020: third group launched
Awards unveiled for currency manager, initiative, economics, currency services, advisory and data
IMF praises Rwandan central bank’s progress on inflation targeting
Funding investment will be challenging but inflation should peak early this year, IMF staff say
US regulators propose third Volcker rule revision
Banks could soon regain permission to invest in speculative funds, but one official dissents
Central Bank of Suriname governor resigns amid scandals
Robert van Trikt leaves bank as allegations are raised over his conduct
UK government struggled to attract female applicants for BoE governorship
Letter reveals only two of 23 applicants for Carney’s job were women, despite recruitment firm priding itself on ability to deliver a diverse candidate pool
Central Banking Awards 2020: second group of winners unveiled
Prizes awarded for governor, reserve management, green initiative, asset manager and custody
ESRB models long-lasting EU recession for stress tests
Tougher adverse scenario adopted because EU is “at an advanced stage of the financial cycle”
PBoC injects 1.2 trillion yuan as markets plunge
Chinese central bank eases to support economy as coronavirus spreads; Q1 GDP growth could drop to 4%, economists say
Watch out for Brexit cliff edge 2.0, experts warn
Measures to mitigate a sharp rupture for financial services could be less likely at end-2020
Central Banking Awards 2020: first winners announced
Prizes include central bank of the year, risk manager, payments and FMI, and treasury systems
Cambodia’s blockchain payment network will go live in early 2020
National Bank of Cambodia to become first central bank to launch peer-to-peer payment system
Ukrainian central bank cuts rates as inflation falls within target range
NBU is optimistic on economy, but warns government over IMF deal and banking reforms
Sri Lankan monetary board lowers policy rates
First board meeting under new governor says cut will allow further lowering of market lending rates
ECB reallocates subscribed capital after Brexit
Eurozone central banks will increase their total paid-up capital by €1.2 billion over the next two years
Fed will ‘probably’ join green central banking group – Powell
Public has right to expect the Fed to ensure the system is resilient against climate change, says governor
Brexit coin to finally enter circulation
Royal Mint will release 10 million commemorative 50p coins