Official Record
Monetary policy strongly influences income inequality – DNB paper
Central banks should not overlook income distribution effects, researchers say
RBNZ paper stresses need to understand global shocks
Analysing global shocks ‘increasingly important’ for central banks, says article
Turkish central bank defends reserves-boosting swaps activity
Swaps provide support for banks amid offshore Turkish lira liquidity squeeze, central bank says, after reports suggested the central bank was artificially pumping up its reserves figures
Bank of Zambia urges country to embrace financial technology
Zambian payments app becomes integrated with Visa and MasterCard
Iceland central bank holds first meeting of payment council
New body aims to ensure security and efficiency in payments and financial infrastructure
FSB sees room to improve resolution frameworks
Progress is most advanced in globally systemic banks’ home jurisdictions, but gaps remain
Vocalink and IBM to provide Saudi faster payments system
Instant payment system slated for launch at the end of 2020
Ghana to maintain flexible exchange rate, says Addison
Governor confirms he stands by flexible exchange rate despite recent volatility
Fed proposes new rules for determining company control of banks
Proposal aims to “reduce regulatory burden”, Powell says
Canada’s Poloz says policy-makers ‘preoccupied’ with growth slowdown
Central bank expects weakness to be temporary, but cuts more hawkish wording
Argentina launches digital platform to foster financial literacy
Central bank will use platform to promote use of bank accounts and electronic payments
CBRT spooks markets by dropping tightening wording
Lira falls as central bank takes rate hike off the table
Bank of Uganda poised to take control of mobile money services
Deputy governor stresses need for regulation in financial institutions
‘Broader skill base’ supporting BoE diversity targets
Central bank still missing targets at top level, but graduate intakes are much more diverse
FCA stresses need for regulations to adapt to changing technology
Technology will bring both serious risks and benefits to all groups, says FCA
IMF budget flat for another year
Fund faces eighth year with its budget unchanged in real terms
China’s Q1 GDP beats expectations on surging industrial production
But the recovery may not prove durable, economists warn
Namibia’s central bank slashes economic growth forecast
Bank of Namibia reduces predicted GDP growth to just 0.3%
Kazakhstan cuts interest rates under pressure from president
Cut to 9% comes just days after president ordered change
Denmark joins central banks’ green finance network
Network for Greening the Financial System is working to tackle climate change
RBA warns about falling Australian house prices
Prices have declined since 2017, although unemployment and interest rates are at low levels
Riksbank supports plan for LCRs in all significant currencies
Swedish central bank thinks liquidity coverage ratio should be 100% in all major currencies
Fed still open to rate hike this year
Lower for longer interest rates could lead to greater financial stability risks, FOMC members say
RBA begins push for ISO 20022 payments migration
Central bank wants to make the switch before Swift ends support for some message types