News
Fed’s floor could be ‘junked’ if credit surges – Goodhart
Credit demand and plentiful liquidity could be potent inflationary mix, Charles Goodhart says
Politicians and courts put pressure on Ukrainian central bank
National Bank of Ukraine alleges “coercion” by courts as former owner of failed lender returns
PBoC unveils 11 measures to open up China’s financial sector
Analyst says actions most detailed so far in loosening foreign ownership restrictions
BoE faces bleak outlook as new prime minister appointed
Think-tank says UK may already be in recession, as threat of “no-deal” Brexit looms
Hyperinflation threatens to return to Zimbabwe
Official inflation almost doubles as economic threats remain
EU risks creating unlevel playing field in fintech – EBA report
European fintech companies are increasingly coming under EU regulation, report says
Central bank ‘put’ can harm market function – Kuroda
BoJ chief says easing measures are working, but central banks must be wary of side-effects
ECB warns Slovene government over draft law on loans
New measure could expose central bank to political risk and harm commercial lenders, ECB says
St Louis Fed’s Bullard warns about rise of multicurrency systems
Crypto assets may hamper monetary policy transmission and increase exchange rate volatility
Bankers join Liberian central bank board after Senate U-turn
Lawmakers reverse decision and accept candidates in secret session as concerns mount
Chile’s central bank holds rate, but signals future cut
Rate-setters point to below-target inflation as main reason for future easing measures
New York Fed forced to clarify Williams’ speech
Spokeswoman steps in after Williams appears to hint at more aggressive policy cut
Philippines poised to cut rates as inflation cools
Governor Diokno hints at more easing if inflation is under control
UK financial regulators begin work on ‘air traffic control’
BoE, FCA and others to co-ordinate more closely on regulation
British lawmakers ask BoE for latest Brexit analysis
Publication of previous analysis led to angry criticism by UK politicians
South African central bank cuts rates after first-quarter growth plunge
South Africa saw 3.2% GDP contraction in first quarter after major power shortages
Bank of Korea cuts rates for first time in three years
Central bank warns of trade tensions as official figures show economy contracted in first quarter
ESM shakes up management structure
EU agency adds board member and new divisions to prepare for expanded role
Indonesian central bank makes first rate cut in two years
Bank Indonesia lowers seven-day repo rate as governor hints at further cuts
US lawmakers slam Facebook’s ‘delusional’ Libra plan
Libra executive grilled at US hearing over Facebook’s history of scandals
Pakistan sharply increases rates on higher inflation
Central bank increases the policy rate by 100 basis points to 13.25%
Venezuelan opposition nominates ad hoc central bank board
Legislature aims to prevent Maduro’s regime from accessing gold and foreign currency reserves
BoE’s Hauser sheds light on ‘quantitative tightening’ in the UK
Central banks have a greater obligation to provide liquidity in good times and bad, official says
Bank of Canada latest to reform key reference rate
Central bank is set to take over administration of new reference rate next year