News
Currency round-up: Liberia withdraws pre-2021 notes
DRC central bank calls on the public to better preserve banknotes, and more
Soma manager predicts transition success for US reserves
Roberto Perli said short-term funding markets will likely not see significant disruptions
Bond market turmoil could aid Fed policy, say FOMC members
Phillip Jefferson and Lorie Logan say financing points to strong economic momentum
EME officials predict volatility from ‘higher for longer’ rates
Fed’s policy set to worsen environment, say officials from Peru, Colombia and South Africa
BoE to conduct ‘desk-based stress test’ for 2024
Financial policy committee warns of some risks in UK corporate and household finance
Irish government to create two sovereign funds
New law will mandate government to deposit up to 0.8% of GDP in two funds over next decade
Inflation set to remain high into 2025, IMF warns
Soft landing looks more likely but growth is “limping along”, says Pierre-Olivier Gourinchas
Haitian government replaces governor
Prime minister also replaces three board members in major change to central bank leadership
Peru and Uruguay cut rates again
Peru’s central bank says growth forecasts are gloomy, but Uruguay hints at end to cuts
Bank of Israel to sell $30 billion to stabilise shekel
Exchange rate fell sharply following Hamas attack on October 7
Mark Carney endorses UK Labour party’s finance spokeswoman
Former BoE governor says it is “beyond time” to put Rachel Reeves’s ideas into action
UK regulator ‘welcomes’ Metro Bank capital injection
Colombian banker becomes majority shareholder of struggling lender
Claudia Goldin wins Nobel Prize for economics
Economist uses history and data analysis to identify drivers of gender inequality
Bank of Japan steps up bond purchases
Central bank faces pressure to raise rates as yields on 10-year government bonds rise
Iraqi central bank denies it will ban all dollar cash transactions
Official says he was misquoted as dollar shortage worsens amid US-Iraq tensions
Iceland holds rates for first time in over two years
Inflation is rising, but MPC holds until new forecast comes in
Fed watchdog says supervisors could have stopped Silvergate
Failed California bank should have required permission for switch into cryptocurrency
Canadian deputy governor warns of repeating pricing pressures
Vincent argues supply shocks, technology and consolidation may make raising prices easier
BIS Innovation Hub takes aim at cross-border compliance
Project Mandala will explore ‘compliance by design’ to boost efficiency of cross-border transactions
Fed leaders split on whether further rate rise is needed
Leaders agree a soft landing is possible but not certain
New payments rule incites controversy in Argentina
Retailer and former central bank officials allege regulation shields banks from competition
Polish central bank cuts rates again
Glapiński again denounces critics, as inflation falls below 10% but remains above target
People: Novelist named to Honduras central bank board
SNB official retires next year; two new vice-presidents at ADB; and more
Federal Reserve Board joins Instagram and Threads
Move to social media platforms follows those by regional Feds and other central banks