Official Record
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
Palestine Monetary Authority launches new payment system
Governor says authority is planning measures to discourage the use of cash
Bank of Israel should be ready to tighten policy, says IMF
Fund warns inflation pressures are building, and says BoI should abandon FX purchases
Union objects to Colombian central bank’s branch closures
Bank of the Republic is converting some regional offices to cultural centres, closing treasuries
Cape Verde SWF to stay under central bank
President rejected law to move oversight to securities regulator
Accenture to lead creation of UAE instant payments platform
Firm says consortium will create cloud-based system to enable 24/7 payments and transfers
World Bank urges Georgia to make ‘further efforts’ on financial stability
Report praises “significant progress” but says work is needed on supervision, AML and inclusion
Azerbaijan, Kyrgyzstan and Armenia raise rates
Inflation remains high across region, though falling in these three countries
Diem confirms sale of stablecoin technology
Facebook-backed project sold its last remaining assets to Silvergate Capital
Dominican Republic raises rates 50bp
Central bank promises policy “normalisation” as inflation remains above target
RBA halts asset purchases
Australian central bank maintains interest rates at 0.1%
Central Bank of Colombia steps up tightening cycle
Full percentage point hike comes as both inflation and growth rebound
Costa Rica orders second consecutive rate hike
Inflation remains within target band but risks “lean to the upside”, board says
Canada removes forward guidance and maintains policy rate
Economic slack was absorbed rapidly in late 2021 and early 2022, bank says
IMF pares back forecasts as world faces ‘multiple challenges’
Omicron variant, supply disruptions and inflation threaten to hold back recovery, says Gita Gopinath
IMF warns El Salvador on crypto
Executive board recommends “removing bitcoin’s legal tender status”
BIS unveils 2022 programmes for innovation hubs
Focus is on CBDC, payments, DeFi, green finance, and first projects in London and Stockholm
MAS aims for stronger Singapore dollar to resist inflation
Faster appreciation needed due to “rapidly accumulating” inflationary pressures, authority says
Paraguayan policy-makers weigh inflation against drought and pandemic
Monetary policy committee opts for smaller rate hike as economy faces difficult outlook