News
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
Brazil’s largest state considers suspending Pix payments
São Paulo legislature examining payments system shutdown as an anti-crime measure
Eurozone officials call for major fiscal changes
Stability and Growth Pact is hampering policy, speakers at ECB conference argue
Mexican senate approves new governor
Victoria Rodriguez will become first female governor of the Bank of Mexico
Quarles says Congress should rein in Fed funding
Former vice-chair for supervision calls for new body to wind down liquidity programmes
Kareem Michael to be new Belize governor
Former deputy governor will be third central bank head this year after predecessor was fired
BoE opens sharia-compliant facility after six years of work
‘Wakalah’ liquidity facility designed to address disadvantage faced by Islamic banks
Suptech use expanded during pandemic, says BIS report
Survey of regulators finds authorities’ leadership support is vital for suptech development
RBNZ begins wide-ranging review of cash
New Zealand’s central bank warns of potential harm caused by “retreat from cash”
People: Chilean Senate confirms board member
Plus senior appointments in New Zealand, Sri Lanka, Bangladesh and more
Former Latvian governor must face prosecution, court rules
ECJ says Rimšēvičs does not have official immunity over alleged bribe-taking and money laundering
Powell: FOMC may accelerate taper
Fed will no longer refer to inflation as “transitory”