News
Inflation fears are ‘overstated’ – BIS research
‘Little evidence’ of the forces that normally lead to persistent inflation, bulletin article says
Libyan governors meet as UN tries to broker reunification
Audit will recommend ways to end division of central bank caused by civil war, reports say
Chile’s central bank starts tightening cycle
Board votes to increase rates by 25bp amid rapid recovery and above-target inflation
FCA to expand UK footprint as part of new strategy
Regulator’s priorities will include climate risk disclosures and financial sector diversity
Senior Fed officials differ on taper
Powell stands firm, but two regional presidents suggest a sooner-than-later approach
RBI bans Mastercard from taking on new customers
Indian central bank sanctions card issuer over failure to store all payments data locally
US court finds Iranian central bank liable in terrorism suit
Plaintiffs sued Iran and Syria in US court for damages in 2015 Hamas attack
ECB launches digital euro project
Central bank supports European Commission plan for e-identity rollout across the eurozone
RBNZ calls halt to quantitative easing
Central bank has bought considerably less than its NZ$100 billion limit
RBI fines banks for violations in non-bank lending
Central bank alleges “deficiencies in regulatory compliance” but gives few details
BoE removes ‘guardrails’ on bank dividend payments
Central bank eases restrictions as outlook for UK financial sector improves
People: Bank of Canada names senior deputy governor
New governor in Turkmenistan; Malaysian SWF gets new director; and more
Minneapolis Fed requires all staff to be vaccinated
Most other regional Feds say they “encourage” staff to get immunised
CBDCs provide ‘clean slate’ for cross-border payments, says report
International bodies urge central banks to bolster CBDC co-operation
Fed still lags on diversity, says campaigners’ report
Campaigners say regional bank leaders still mostly white, male and from big business
IMF executive board backs $650 billion SDR allocation
Allocation is set to be largest in the fund’s history, with launch expected in August
People: RBA’s Debelle given second term as deputy
Iosco gets new secretary-general; Routledge takes over as Canada’s superintendent of financial institutions; new director of research for Kenya
University probing Turkish governor over plagiarism allegations – report
Newspaper alleges governor’s thesis was supervised by economist who is now senior policy-maker
Israel delays launch of sovereign wealth fund
Revenue from natural gas and mining has not yet reached target, tax authority says
FOMC minutes show some disagreement on inflation
Some participants think US inflation pressures may continue into 2022
RBNZ to consider CBDC as cash use declines
Assistant governor says trust in financial system may be weakened by fall in cash use
World Bank appoints Caribbean and central Asian directors
New York Fed names chief of innovation hub and St Louis appoints head of economic equity institute
ECB adopts 2% symmetric inflation target
Central bank chooses not to follow Federal Reserve’s lead on average inflation targeting
PBoC continues crypto trading crackdown
Chinese deputy governor says PBoC will widen tests of ‘digital yuan’ CBDC prototype