News
Brexit coin to be recycled amid further delay
Coins bearing October 31 exit date to be melted down, but Treasury says a commemorative coin will still be produced when the UK leaves the EU
Fed’s policy framework may incentivise reserves hoarding
However, this doesn’t seem to affect bank lending, Fed researchers find
Angola abandons currency trading band
Central bank floats currency in a bid to alleviate foreign exchange shortage, after IMF raises concerns
Interview: Seth Carpenter on the US outlook, trade and a ‘disingenuous’ Fed
UBS chief US economist and former Fed director of monetary affairs sees a gloomy outlook for first half of 2020
EU leaders pay tribute to Draghi as Lagarde takes ECB helm
Merkel, Macron and Mattarella praise outgoing central bank president as one of the fathers of the European project
Argentina tightens currency controls following Macri’s defeat
Left-wing opposition leader Alberto Fernandez won the October 27 presidential elections
Ukrainian central bank cuts rates as inflation falls
NBU raises predicted growth rates and says core inflation is falling
Argentinian central bank struggles to stabilise peso ahead of elections
International reserves have fallen by 29% since opposition leader defeated president Macri in primary vote on August 11
ECB and PBoC renew bilateral currency swap
Euro-renminbi currency swap agreement will stay in place until October 2022
Vocalink wins further decade of UK ATM operations
Aim will be to ensure ongoing access to cash, says Gregor Dobbie
‘PRA robot’ highlights rise in regulatory complexity
BoE’s Sam Woods says linguistic analysis reveals some problems with the wording of regulation
‘Never give up’: Draghi holds final monetary policy meeting
Outgoing ECB president says council issued a call for unity
Fed expands daily repo operations
Recent auctions show banks still have a strong demand for liquidity following last month’s rate spike
CBRT slashes rates again as inflation enters single digits
Central bank makes further sizeable cut as inflation hits lowest level for over two years
Indonesia cuts rates for fourth time this year
Indonesia has cut a total of 100bp in the latest cycle; more cuts are possible but depend on Fed move and rupiah stability
Inside the ECB’s upgraded multi-country model
ECB-Base sets the blueprint for a new semi-structural workhorse model of the eurozone
Slovenian law passes despite central bank calling it illegal
New law is latest action in long-running political campaign to penalise central bank over bail-in
Facebook not trying to replace central banks, claims Zuckerberg
Facebook chief plays down economic impact and says libra can help fight financial crime
Bank of Canada picks MindBridge for AI fraud detection trial
Trial under central bank’s ‘Pivot’ scheme will test artificial intelligence for payment fraud detection
Dutch pension funds hit by low interest rates, says DNB
Today, 63% of funding ratios are below the statutory minimum
US Democrats listen to Norges Bank deputy governor on climate change
Egil Matsen tells US Democratic senators that central banks must play major role in greening finance
Ukrainian TV show mocks central bank ex-governor over physical attacks
Channel is owned by businessman accused by Gontareva of stealing billions from bank
German government to nominate Isabel Schnabel to ECB’s board
Economist is considered more capable of influencing monetary policy than previous German officials
Bundesbank: Germany may have entered recession
Report says manufacturing output fell markedly in the third quarter, despite domestic resilience