News
Australian parliament passes bill to reform RBA
Bank’s board to be split into two groups covering monetary policy and governance
Norway joins Target instant payments system
Country becomes first non-EU member to settle payments in Tips
Hungary’s PM chooses finance minister as MNB governor
Appointment of Mihály Varga likely to improve bank’s relations with government after recent tensions
Cross-currency letters of credit gaining popularity in Asia
Divergent central bank policies see CNH LCs increasingly used to cover USD invoices
People: October to December 2024
A round-up of central bankers in the news and on the move
Trials pick holes in retail CBDCs’ privacy technology
Report by central banks says shortcomings in design features could stymie implementation
FSB praises Brazil’s efforts to supervise investment funds
Review points to progress in limiting leverage but says regulatory body needs more staff
BoK makes surprise 25bp cut to base rate
Majority of monetary policy board decides risks to growth warrant loosening in policy
PM ‘overruled MNB building’s heritage status’ – whistleblower
Governors’ meeting prompted expedited approval for panorama deck on listed site, says former official
Bank of Lithuania steps up AML/CFT measures for crypto
Bank to co-operate with financial crime investigators to oversee ballooning digital assets sector
FinTech & RegTech Global Awards ceremony honours innovators
SNB picks up Global Impact Award, while Bank of Namibia wins Pioneer Award
Imported inflation waning but still present – BoE’s Dhingra
MPC member tells panel that another energy shock could still trigger renewed price hikes in UK
RBNZ delivers third consecutive rate cut
Central bank signals further easing early next year as inflation returns to target band
Upping LCR will not address systemic risks – Hernández de Cos
Panellists shed light on liquidity risks in banks, non-banks and US Treasuries
AI is a double-edged sword for cyber security – UK survey
Study reveals technology’s increased use in financial sector, where three providers are dominant
Economists urge BoE to be more transparent on rate paths
Value of scenario analysis depends heavily on revealing reaction function, speakers say
Uncertainty is the only sure thing – BoE’s Lombardelli
Deputy governor says bank will use scenario planning to communicate uncertainty during volatility
Savings, not debt, can finance EU growth – Villeroy de Galhau
Governments need “strategic pivot” to meet structural challenges, says BdF governor
Dedollarisation pushing central banks to issue CBDC, official says
Panellists at Central Banking’s Autumn Meetings list AI “data poisoning” as new cyber security threat
Economics Benchmarks 2024 Charts
Take a deep dive into the Economics Benchmarks charts, which have just been released for 2024.
Capital markets union faces ‘death by a thousand cuts’ – Lagarde
ECB president tears into European leaders’ inaction over innovation and wealth creation
South Africa makes 25bp cut
Central bank stays cautious but continues easing cycle amid slowing inflation
Turkey holds rates at 50% for eighth consecutive month
Analyst says central bank’s cautious positivity about disinflation points to December cut
Barr defends easing of Basel III endgame proposal
Fed’s top regulator says he will stay and finish the package, is comfortable with capital impact