News
Brazilian Senate passes new FX law
Central bank will regulate foreign currency accounts under law now on president’s desk
Hungary continues campaign of rate hikes
MNB ends asset purchase programme, as inflation rises above 7%
Inflation challenges ECB’s normalisation plans
Central bank expected to confirm end of PEPP purchases on December 16
Pakistan confronts inflation with 100bp hike
Third consecutive increase may be last for a while, MPC says
Bank of Canada renews monetary policy framework
Central bank conducts first “systematic” study of other frameworks since it adopted inflation targeting
BoE tightens countercyclical buffer as risks stabilise
Banks expected to meet higher rate without cutting lending, even as capital ratios dip
US inflation reaches new peak
CPI figure hits 6.8%, the highest rate in nearly four decades
Kenyan central bank to oversee digital lenders
Governor had requested “teeth” from parliament but lawmakers removed some powers
Polish central bank hikes rates again
NBP says it will continue to act to push inflation back to target
Peruvian central bank orders fifth consecutive rate hike
Board says it may not implement further hikes and above-target inflation is “transitory”
IMF criticises Chilean pension withdrawals
Fund says crisis measure was excessive and now threatens process of market deepening
Labour market changes key to inflation – BIS’s Shin
Central banks may face “race against time” to prevent wage-price spiral, says Hyun Song Shin
Guinea junta replaces central bank leadership
Military president removes governor chosen by his civilian predecessor
Brazilian MPC tightens rates again despite sluggish growth
MPC “foresees another adjustment of the same magnitude” at next meeting
People: Arce to lead ECB economics directorate
SNB deputy to retire; Vanuatu names new deputy; Glenn Stevens to chair Macquarie; and more
New Zealand banks well positioned to face new Covid shock, says RBNZ
Central bank carried out both solvency and liquidity stress tests in 2021 exercises
Omarova ends bid for OCC job
Biden nominee faced Republican charges of radicalism and alienated some Democrats
Project Jura executes ‘real-life’ cross-border CBDC settlement
“Dual-notary” structure could help protect monetary sovereignty, says Benoît Cœuré
Yemeni governor sacked as crisis worsens
Deputy governor also dismissed in fourth sacking since civil war began
FSB says gaps remain in resolution regimes
Ten years since resolution framework was published, bank bailouts are still taking place
Namibia president appoints governor to full term
Leoni Dunn will become first woman to serve as deputy governor
IMF proposes Gita Gopinath for first deputy MD post
Georgieva hails chief economist’s move amid difficult relations with US administration
ECB to choose new euro banknote designs by 2024
Banknote designs will be chosen by governing council, but public input will be vital
BIS calls for systemic approach to non-banks
“It is essential to reduce the need for emergency central bank support,” says report