Official Record
MAS launches consultation on tightening up money laundering controls
Monetary Authority of Singapore releases consultation paper on amending the rules aimed at cracking down on money laundering and financing terrorism
Polish financial stability goes from strength to strength, report says
National Bank of Poland financial stability report says banking system is more resilient than ever, but threats from the outside environment remain
RBA sees subdued wage growth ‘for some time’
Minutes from latest board meeting reveal discussion on labour market; board members say conditions have improved ‘a little’ but wage growth remains ‘subdued’
Review finds Belgian CPI still ‘diverges’ from HICP
National Bank of Belgium’s latest economic review analyses the recent changes in the methodology underpinning CPI, and demonstrates why it remains different from HICP
Malawi cuts policy rate in line with falling inflation
Less pressure on prices and a more stable exchange rate meant an even bigger cut was on the cards, but the MPC preferred to wait and see what the budget brings
Colombian monetary policy-makers ignore World Cup effect
Decision to raise interest rates attributed to rising inflation expectations - which were not put down to the country's footballing success
Highly indebted poorer households pose risk to Israeli banking system
Bank of Israel says lenders should look more carefully at ‘payment-to-income' ratio, which is highest for those households most exposed to macro- and micro-level economic shocks
Turkey central bank announces research award winners
Emrah Şener awarded $7,000 for 'The Geography of Risk Capital'; annual awards granted to support research on 'Turkish economy, emerging market economies and/or central banking'
Israeli banks' core capital ratio would fall to 7.5% in crisis, stress tests show
Banking system would show cumulative loss of three billion shekel, says Bank of Israel, but there would be 'no risk to stability'
RBI sees case for reviewing governance of public sector banks
Public sector banks continue to pose some of the ‘major challenges' facing the banking sectors, the Reserve Bank of India says
Sri Lankan central bank weighs impact of QE on emerging markets
Latest financial system stability review features box on QE; central bank suggests the damage caused by market reaction to the Fed taper outweighed the initial benefits
Norges Bank says rates could stay low for longer
Norway's central bank held rates steady today and now projects it to stay lower for longer; banks may be required to build up bigger counter-cyclical buffers
Fed tapers another $10 billion as US growth rebounds
Starting in July, bank will buy $35 billion of extra assets each month; taper finished by year's end at current pace
BoJ minutes reveal concern over supply-side issues
Policy board members say that while QQE is supporting higher levels of demand in the economy, it is also contributing to supply-side problems such as labour shortages
RBA likely to keep policy on hold
Reserve Bank of Australia board expects to keep its cash rate on hold at 2.5% for ‘some time yet’ as inflation remains within the central bank’s target
Czech banks could ride out recession plus deflation, central bank says
The Czech financial sector is exposed to bond volatility but banks have sufficient buffers to survive a ‘strong recession accompanied by deflation', financial stability report says
Bank of England annual report reveals top staff salaries
Annual report reveals the Bank of England made a £120 million profit in the year to February; publishes salaries of senior staff
Public satisfaction with Bank of England at post-crisis high
'Net satisfaction' with the way the Bank of England sets monetary policy was 31% in May, poll shows; results reflect improving economic outlook
Poloz warns of household vulnerabilities in Canada's financial sector
Bank of Canada governor Stephen Poloz says enhanced framework to highlight vulnerabilities shows household debt and housing lending are areas of concern
Serbia's slowing dinarisation expects boost from subsidised loan programme
A programme offering cheap dinar-denominated loans to the corporate sector should see use of the national currency bounce back, Serbia's central bank hopes
Macedonia central bank unveils three-year plan
Strategic plan through 2017 commits to improvements in human capital and corporate governance; monetary targets remain the same
Emirates central bank monitoring property price growth
Central bank says financial system is 'resilient' but 'vulnerabilities exist' in annual financial stability report released this weekend
Sarb says advanced economy tapering will cause ‘protracted period of volatility'
South African Reserve Bank says monetary policy normalisation in the US and elsewhere will cause a protracted period of volatility in emerging markets like South Africa
Chile minutes reveal commitment to hit inflation target
Above-target inflation dissuaded the Central Bank of Chile's monetary policy-makers from cutting rates despite fears over an expanding output gap