News
Israel political crisis sparks fears for economy
Bank of Israel governor reportedly convened financial stability committee last week
Disinflation may trigger recession, say Mester and Jefferson
Fed president and governor acknowledge policy tightening is uncertain and costly
FATF suspends Russia and grey-lists Africa’s largest economies
South African president pledges rapid reform as Yellen hails action against Russia
Court rules golf tour organisers can sue Saudi sovereign fund
PGA Tour and Saudi-sponsored rival pursue dueling lawsuits in US court
BIS welcomes end to investors’ ‘sanguine attitude’
Optimism over future easing clashed with what central bankers were actually saying
Carstens sets out vision for future monetary system
Programmable money on shared ledger would preserve two-tiered structure
Biden nominates Ajay Banga to lead World Bank
Ahead of the nomination, some argued president should pick a non-US citizen
US court rules plaintiffs cannot seize Afghan reserves
Judge supports earlier ruling that frozen assets belong to Afghan government, not the Taliban
China considers veteran banker as next PBoC governor
Former deputy PBoC governor Zhu Hexin is leading the race for the central bank
Lebanese governor is charged with financial crimes
Prosecutor asks higher court to examine case against Riad Salameh
Iran imposes FX controls as currency falls again
Commodities inflation bites ahead of upcoming new year
South Korea holds rates for first time in 12 months
Governor says further rate hikes are possible as figures show economic contraction in last quarter
BoE’s Mann challenges idea of ‘long and variable lags’
MPC member says changing transmission of policy in UK may demand more tightening
How US demographics complicate the Fed’s job
Ageing population and pandemic legacy are confounding economists’ predictions
Currency round-up: Charles III causes controversy
Australian government drove decision to drop UK monarch from notes, as ECCB weighs its options
Bank Indonesia’s Warjiyo nominated for a second term
Few governors have served two terms in the central bank’s history
PBoC releases draft rules for Swap Connect
Foreign access to onshore CNY swaps limited to interbank bond market users, while Isda docs aren’t ruled out
Bank of Spain board member quits hours after appointment
Cabrales had signed letters expressing support for Catalan pro-independence politicians
China revamps risk exposure rules for commercial banks
New rules aim to improve banks’ risk measurement and reflect size differences, regulators say
Slovak prosecutor charges central bank governor with bribery
Kažimir has denied allegations that he sought bribes while serving as finance minister
Who will replace Brainard at the Federal Reserve Board?
Another empty chair leaves another difficult choice for Joe Biden
Rates round-up: Philippines raises policy rate 50bp
Zambia increases amid poor inflation outlooks; Uruguay joins Latin American rate pause trend
FSB outlines crypto and defi risks to financial stability
Future work will map “oracles”, “bridges” and other links with traditional finance
Brazilian president ‘not interested in fighting’ Campos Neto
Monetary council keeps 3.25% inflation target unchanged despite president’s criticism