Official Record
UAE central bank to 'Emiratise' finance sector
Measure will reserve 5,000 jobs for nationals by 2026
Bank of Canada raises policy rate
Hike marks end of ultra-loose policy imposed in response to Covid-19
Eurozone inflation reaches new record high of 5.8%
Energy inflation remains main factor boosting prices, at 31.7% in February
IMF and World Bank pledge Ukraine aid
Fund considering emergency loan and World Bank assembling $3 billion package
BoE consults on removing macro-prudential rule
Affordability test has drawbacks and may no longer be needed, given other tools, says FPC
Norwegian oil fund to divest Russian assets
Fund held equity investments in nearly 50 Russian companies, including Sberbank and Gazprom
Botswana cancels cheques
Banks will cease processing cheques from 2024
US regulators fine Pakistani state-owned bank
Central bank-owned NBP will pay more than $55 million for AML shortcomings
ECB says Sberbank Europe is close to collapse
Russian-owned bank likely to be unable to pay its debts “in the near future”, supervisors say
Bank of Mexico MPC minutes stress high core inflation
Core inflation increased by 6.2% in January and has risen for 14 consecutive months
Banks still falling short of final Basel III requirements
Basel Committee says some metrics seem to have been impacted by Covid-19
Paraguay continues slower tightening as inflation rebounds
MPC orders second 25bp hike, after 450bp in increases in late 2021
Riksbank minutes confirm board division on normalisation
Three out of six board members voted to accelerate end of net asset purchases
Bank of Jamaica launches ‘stronger actions’ against inflation
Central bank accelerates monetary tightening as inflation nears 10%
Bank of Israel set to increase interest rates soon
Central bank points out inflation expectations have increased
Rwanda raises benchmark rate 50bp
MPC statement warns of expected spike in inflation in 2022
Uruguay continues programme of interest rate hikes
Central bank announced plans for two more increases at January meeting
FOMC’s January minutes hint at policy actions and inflation fears
Committee signals determination to end asset purchases in March and raise the funds rate
Namibia marks first rate hike in six years
Central bank acts to “safeguard” link to South African rand
US short and mid-term inflation expectations fall, says NY Fed
But housing price expectations rose 0.5% in January
PBoC keeps key rate on hold
MLF rate stays at 2.85%, as investors turn attention to second rate move next week
Fed to stress-test banks’ commercial real estate exposures
The Fed will look at lending capabilities under ‘severe’ economic conditions
US Treasury opposes ending IMF surcharges
Biden administration rejects initiative championed by Democratic progressives
IMF says Sarb should consider lowering inflation target
Lower inflation could bring various benefits, but only “when circumstances allow”, say staff