News
RBA minutes drop hawkish language
Minutes of June meeting appear to contrast with recent remarks by governor Philip Lowe
Two women appointed to top BoE committee
Julia Black and Jill May will sit on the Prudential Regulation Committee
IMF forecasts lower US growth than Fed, Congress and White House
Stimulus expected to yield higher growth in the short term, but the benefits are likely to fade away from 2020
BIS calls for ‘redrawing of regulatory boundaries’ around crypto
Regulation will have to adapt to a “new reality”, BIS says, suggesting new ways the underlying technology could be applied to improve financial efficiency
People: Bank of Canada deputy resigns and returns to San Fran Fed
Nigerian president nominates new deputy governor
Argentine finance minister becomes central bank governor as crisis deepens
Sturzenegger resigns as Argentine government says it expects IMF aid package soon
BoJ cuts inflation estimate as it holds rates
Goshi Kataoka is sole MPC member to call for looser policy
Fed acts to limit largest banks’ mutual exposures
Largest banks in the US face limits on their exposures, but smaller banks are exempt for now
Trump’s fiscal policy threatens emerging markets – Lagarde
Looser fiscal policy could increase market volatility and worsen global imbalances- IMF chief
ECB commits to tapering bond purchase programme
Unanimous decision says bond purchases will taper if data confirms medium-term outlook
China eases restrictions on foreign investors
New rules allow qualified foreign investors to move funds more freely out of China, a step forward on capital account liberalisation
Tunisia raises rates by 100 basis points to tackle inflation
Despite hike, real rates remain negative; international reserves decline to 71 days of imports
IMF report says Mauritius central bank needs clearer resolution powers
Current framework restricts regulator from acting in a timely manner – IMF staff
Central bankers share vision for ‘business as usual’ big data
Panellists offer advice on how to build the infrastructure for good data governance
Fed hikes another 25 basis points
Hike comes as US inflation runs at target, and emerging markets complain of funding squeeze; Powell reveals change to communications approach
ECB unlikely to commit to QE end date in June meeting
Most economists expect gradual reduction of asset acquisitions, and an open-ended programme
Bank of Lithuania to regulate ICOs that mimic securities
Where coin offerings have properties of securities, the central bank will have oversight; financial institutions could have licence withdrawn if regulation is not followed
People: US Senate committee approves two Fed governors
Philippines appoints monetary board member; Cleveland Fed appoints director at Pittsburgh branch
French government raises counter-cyclical buffers for first time
“Economic and political uncertainty” call for hike to “moderate level” of 0.25%, council says
PBoC accepts lower-grade and green bonds as collateral
Central bank’s move may indicate a shift of emphasis in setting monetary policy
Egyptian central bank pledges to write off companies’ debt in ‘crisis’ measures
Debt relief and increased funding could cost up to $5.6 billion, governor says
Sia given green light to access Eurosystem’s instant payment system
ECB permits first network provider to give access to new Tips platform
Paul Tucker: UK supervisors’ powers may go too far
Former BoE deputy says some central banks have too much power and not enough accountability; argues QE was necessary but problematic
SBP devalues rupee again as reserves dwindle
Two years on from its last IMF rescue package, Pakistan is again experiencing balance of payments troubles