International Monetary Fund (IMF)
IMF backs ECB’s looser stance
Directors concerned about banks’ low profitability, and call for common deposit insurance scheme
Purists lament as most cheer Lagarde as next ECB chief
Lagarde expected to adopt similar philosophy to Draghi at ECB, making the central bank the ‘only game in town’ – at least for a while
IMF to propose amendments to Pakistan central bank law
Changes will support efforts to reverse government debt trajectory, the fund says
Trade tensions set to harm long-term US growth – IMF paper
Output would decline even if China voluntarily limits its exports to the US
Mongolia must reform banks to receive IMF aid
Central bank must make sure banks raise all needed capital, IMF team leader says
Loose financial conditions predict output gap – NY Fed paper
Policy-makers can make significant welfare gains by greater focus on financial conditions – researchers
IMF gives Pakistan bailout, but demands central bank freedom
Imran Khan government must have flexible exchange rates and end monetary financing, IMF says
Next IMF chief could be non-European
Carney and Carstens among possible candidates as institution seeks successor to Lagarde
IMF finds weaknesses in two Bahamian banks
Improved supervision and surveillance measures can strengthen resilience, fund recommends
Christine Lagarde nominated for ECB presidency
IMF chief part of deal that sees German proposed for commission presidency
IMF: some central banks ‘on the verge’ of piloting CBDCs
IMF survey also highlights need for greater co-operation on fintech regulation
Sovereign debt restructuring does not hamper returns long-term – IMF paper
Investors who sell during crises fare much worse than those who buy and hold
Doves vs hawks: IMF advice on unconventional monetary policy
Funds’ advice on innovative measures has not always “stood the test of time”, writes Philip Turner
Lagarde reiterates call for greater international co-ordination
“We need a trading system fit for today’s world,” IMF chief says after G20 summit
People: Sarb deputy governor retires after 10-year term
China appoints vice-finance minister to MPC; senior Bank of Finland official joins IMF executive board.
Switzerland should tighten macropudential policies – IMF directors
Authorities should strengthen financial regulator and address real estate risks, IMF chiefs say
Canadian mortgage insurers need more capital to survive downturn, IMF warns
The three insurers need an extra $11 billion to meet capital requirements, stress tests reveal
US company debt and euro public debt are global financial risks – IMF
China’s non-bank financial firms are also a major vulnerability, fund says
IMF’s IEO outlines plan for capital flows evaluation
Some countries say the fund may now be too quick to endorse capital flow restrictions
Book notes: Why not default?, by Jerome Roos
A thought-provoking book that will repay the investment of any reader with an interest in sovereign debt
Mozambique slashes rates to 13.25%
Inflation is falling, but IMF warns that after-effects of cyclones could push prices back up
Regulators prepare response to Facebook’s Libra
Plans under way for G7 working group, as crypto asset plans draw criticism in Europe and US
Afghan governor resigns, citing health reasons
Central bank faces major challenges in war-torn country, but IMF recently praised progress
IMF formalises strategy on ‘social spending’
Lagarde says tackling inequality, exclusion and other social problems is key to rebuilding trust