News
Turkey acknowledges reserves build-up necessary to stabilise lira
Currency plummeted on March 22 on weak global economic data
DNB signs ‘responsible investment charter’
Managers of Dutch central bank funds must use environmental, social and governance criteria
CBDC may see central banks adopt retail lending role – BIS’s Carstens
Two-tier banking system could be turned on its head by CBDC, but BIS will “flash warning light” if central banks fail to appropriately consider stability, Carstens says
Sri Lankan police arrest former deputy governor
Police make further round of arrests over allegations of insider dealing involving central bank
RBNZ paper seeks high-speed labour market indicator
“Midas” approach can help build picture of current state of labour markets, say economists
Trump nominates loyalist Stephen Moore for Fed board
“Donald Trump wanted to drain the swamp. The Fed is the swamp,” Moore says
ECB rejects amendment from EU institutions on CCP regulation
Proposed changes would ‘distort’ ECB’s request for change, Draghi says
IMF demands Ecuador end monetary financing
Central bank will need to cover liabilities vis-à-vis banks with international reserves
Carolyn Rogers to take over as Basel Committee secretary-general
William Coen to step down this year after 20 years with the committee
Podcast: Greg Kaplan on heterogeneous-agent models
Monetary and fiscal policy are much more closely connected than many central banks would like
Brexit coin may have to be redesigned amid delay
The coin face is stamped with a message and the UK’s expected departure date
Major economies outside eurozone to ‘modestly’ decelerate – ECB
Slow growth rates since the “great recession” may point to fall in potential growth, say researchers
Swiss National Bank sharply lowers inflation expectations
Central bank may have reached limits of monetary policy, observer argues
Norwegian central bank hikes rates as inflation rises
Central bank increases the policy rate by 25 basis points to 1%, despite global uncertainty
UK and EU agree template for no-deal Brexit supervision
Template sets out basis for supervision rules under no-deal Brexit, with deadline little more than a week away
FOMC cuts rate projections as Powell warns of slowing growth
Federal Reserve’s rate-setting body projects slower inflation, higher unemployment
People: Malpass emerges as sole candidate for World Bank president
Bank of England extends Martin Taylor’s time on financial policy committee
Fed set to end quantitative tightening in September
FOMC will also slow the pace of its balance sheet reduction programme from May
Italian deputy governor to step down after clashes with government
Leading government ministers have called for large-scale change in Bank of Italy’s leadership
Bank capital ratios fall for first time since 2011
Basel monitoring report finds declines in both risk-weighted capital and leverage ratios
Riksbank reports positive feedback on second e-krona report
Central bank argues electronic currency would protect access to state-guaranteed money
Should central banks be more aggressive on climate change?
Discussion weighs up whether central banks should take more drastic action via monetary policy channels, but some warn they may overreach
PBoC improves policy communication
Central bank revamps English website and appears to address market concerns more frequently
Podcast: Bank of Israel’s Flug reflects on her time as governor
Former IMF economist talks about how her love of policy helped her lead Israel’s central bank