News
Divergent motives fuelling CBDC discussion, BIS survey reveals
Majority of central banks are researching the various forms of CBDC, but very few expect to launch in the next six years
NY Fed’s Williams advocates change to inflation-targeting framework
But Don Kohn prefers to keep status quo with some supplementary policies
Ghana's central bank closes two banks and plans to recapitalise five more
Three banks to merge as financial sector reform effort continues
Blanchard calls for rethink on costs of debt
Fiscal cost of public debt may be zero, macroeconomist argues, but that does not make debt costless
Powell sends cautious message to markets
Bernanke says he and Yellen “very lucky” to have served under presidents who respected Fed independence; Powell pledges not to step down
Central Bank of Ireland gives go-ahead to Google payments
Tech giant awarded licence under PSD2
Iran to cut four zeros from currency
Currency continues to depreciate, inflation climbs and growth slows
Turkish central bank to hold extraordinary general meeting
January meeting likely to see early profit distribution to government, ahead of local elections
New governor starts work at Belgian central bank
Former vice-governor Pierre Wunsch is backed by centre-right Francophone party
Denmark intervenes to maintain euro peg
A rate hike is “very likely” if intervention continues, analyst says
Bank of Mexico challenges public sector pay cap proposals
Central bank files complaint with Supreme Court amid concerns new law could threaten independence
Report reveals damage caused by Bank of Mongolia’s ‘quasi-fiscal’ policies
Discontinued policies may have undermined key parts of the central bank’s mandate, created inflation and generated huge losses, report finds
Staff cuts made at majority of central banks since 2013
But staff numbers grow at several banks, including ECB and Bank of England
Chinese central bank again seeks to boost lending to small businesses
PBoC doubles threshold for loans exempted under reserve-ratio requirements
Icelandic central bank questions reform proposals
Publishing rate paths may not work as intended, external MPC members warn
Two women will join Bank of England’s financial policy committee
Colette Bowe and Jayne-Anne Gadhia to join FPC later this year
Long-serving South African deputy governor resigns
Francois Groepe has been in post since 2004 and ran national payment system
Fed independence under renewed fire from Trump
President unlikely to be able to fire Jerome Powell but could exert pressure in other ways, say observers
ECB appoints administrators to run Italian bank Carige
Resolution of troubled bank may face political difficulties
EU legal officer says Latvian government wrongly barred governor
Authorities provided no evidence to back claims governor acted corruptly, advocate general says
Euro area wage growth appears sustainable – ECB bulletin
ECB wage analysis shows increases are no longer being driven primarily by ‘wage drift’
RBI reverses course on restructuring of troubled loans
Decision goes against previous demands that banks cease policy of “extend and pretend”
2018: The year in review
The past year marked a return to instability, but also saw some innovations among central banks
Slovenian lawmakers appoint new governor
New appointee inherits acrimonious dispute between central bank and government over bail-in