News
Major banks pass Fed stress tests
All banks assessed reached minimum capital requirements in more adverse scenario
Singapore central bank aims to eliminate cheques but not go cashless
MAS board member reveals new details of scheme to allow payments by QR codes
Bank of Mexico hikes rates amid fears of rising inflation risks
Uncertainty over Nafta negotiations clouds economic outlook, experts say
BoE capital injection lays ground for stronger crisis response
Higher risk-bearing capacity allows additional emergency measures, Mark Carney says; move could bring forward BoE’s exit from QE
BoE’s chief economist joins minority in calling for rate rise
Monetary policy committee lowers threshold for reducing debt holdings
IMF says independent central bank is key to Argentine recovery
Argentine authorities agree to limit forex market interventions
Brazil tests DLT-based regulatory data-sharing platform
Blockchain will allow regulators to share data more efficiently, says central bank
Ethiopian government appoints new bank governor
No reason given for replacement as new prime minister announces major economic liberalisation strategy
Leading governors analyse evolving inflation-employment relationship
Powell, Draghi, Lowe and Kuroda assess causes keeping wage growth low across the world
Report proposes mandating BoE to target productivity growth
UK opposition says BoE should not have to rely on interest rates to lower inflation; 3% productivity target would help push prices down, report says
People: China appoints new monetary policy committee
IMF’s general counsel retires; Czech National Bank appoints new comms director
Ukrainian central bank appoints first deputy and deputy governors
New first deputy governor was key figure in banking clean-up
Central Bank of Venezuela gets another new president
Ramón Lobo becomes latest victim of institution’s revolving door
Argentina launches new measures to stem peso depreciation
Analysts concerned new central bank tools to control peso are not enough
UK lawmakers ‘satisfied’ with Visa response to outage
Visa has promised an independent inquiry into the incident that saw 5.2 million payments fail; firm reveals details of its recovery efforts
Sudanese central bank president dies in Turkey
Hazem Abdelqader had served 18 months, and was the third governor since March 2011
RBA minutes drop hawkish language
Minutes of June meeting appear to contrast with recent remarks by governor Philip Lowe
Two women appointed to top BoE committee
Julia Black and Jill May will sit on the Prudential Regulation Committee
IMF forecasts lower US growth than Fed, Congress and White House
Stimulus expected to yield higher growth in the short term, but the benefits are likely to fade away from 2020
BIS calls for ‘redrawing of regulatory boundaries’ around crypto
Regulation will have to adapt to a “new reality”, BIS says, suggesting new ways the underlying technology could be applied to improve financial efficiency
People: Bank of Canada deputy resigns and returns to San Fran Fed
Nigerian president nominates new deputy governor
Argentine finance minister becomes central bank governor as crisis deepens
Sturzenegger resigns as Argentine government says it expects IMF aid package soon
BoJ cuts inflation estimate as it holds rates
Goshi Kataoka is sole MPC member to call for looser policy
Fed acts to limit largest banks’ mutual exposures
Largest banks in the US face limits on their exposures, but smaller banks are exempt for now