News
Fed examines climate risks in stability report for first time
It is “vitally important” that climate risks are “assessed and addressed”, says Lael Brainard
China mandates deposit insurance labels
PBoC goes further in implementing deposit insurance policies to mitigate risk
Turkish finance minister quits after president fires governor
Finance minister resigns before new governor signals he will consider raising policy rates
BoE will not use climate stress tests to set capital buffers – Bailey
Andrew Bailey reveals new details of tests, with launch set for summer of 2021
Malawi’s central bank cuts interest rates as inflation outlook improves
Central bank projects annual inflation to fall below 9% this year
IMF staff suggest review of Mexico’s inflation target
Mexican government needs to abandon restrictive fiscal policy, many IMF directors say
Wilkins to leave Bank of Canada five months early
Replacement will need to have experience leading organisations through “change and uncertainty”
Fed holds rates as US recovery falters
Powell calls for fiscal stimulus and says further Covid-19 wave is hitting poor hardest
MAS secures more financial crime convictions
Nine individuals convicted as a result of MAS investigations over 18-month period
People: Iceland’s central bank makes senior appointments
New legal head at Bank of Finland, and Bank of Israel appoints spokesperson and IT chief
Riksbank governor criticises proposed central bank law
Lawmakers’ proposal would damage ability to deal with crises and reduce independence – Ingves
BoE expands asset purchases as UK locks down again
MPC publishes more pessimistic forecast of 11% growth contraction and high unemployment
Colombia’s governor to leave central bank in December
Departure could open door to Ana Fernanda Maiguashca as first female governor
Barbados governor hits back at AML ‘blacklisting’
Action by EU is “pernicious” amid pandemic and IMF programme, says Cleviston Haynes
World’s biggest IPO suspended after PBoC intervenes
Ant Group market debut suspended after Chinese authorities interview Jack Ma
RBA cuts rate and ramps up yield curve control
Economy is rebounding but central bank is worried about high unemployment
South Sudan president fires governor again
President has now fired four governors and eight finance ministers, as multiple crises continue
Tunisian central bank forces state to cut spending plans
Prime minister abandons plan to widen deficit to 14% of GDP after governor refuses to finance it
Lebanese central bank ‘has not handed over audit documents’
Media reports say embattled central bank has not provided basic data on transactions
RBA announces wholesale CBDC project
Australia’s central bank partners with ConsenSys and local banks for proof of concept
Cambodia officially launches quasi-CBDC
Cambodia’s blockchain-powered payment system goes live
Fed eases terms on emergency facility as uncertainty rises
High-frequency indicators suggest US recovery is slowing amid resurgence of virus cases
Egyptian central bank fires head of largest commercial lender
Governor holds emergency meeting with lender’s board but nature of problems is unclear
Argentina changes rates without public notification
Central bank continues its plan to close the gap between main policy rates