International Monetary Fund (IMF)
Bank of Israel criticises government’s defence spending plans
Outgoing governor Flug also disagrees with finance ministry’s low-tax policies
The battle for cyber resilience
The cyber attack on Bangladesh Bank prompted central banks around the world to change their approach and refocus on contingency planning, but are they ready now?
Brian Wynter on Jamaica’s inflation-targeting transition
Jamaican governor says the end of fiscal dominance plus the creation of a two-way forex market and an effective interest rate policy mechanism essential for “full-fledged” inflation target
Myanmar central bank formally drops forex trading ‘band’
Central bank follows IMF recommendation and also lowers official exchange rate
Argentinian central bank raises large banks’ reserve requirements
Central bank in talks with China over credit swap sells over $1 billion this week to defend falling peso
Ex-PBoC governor says renminbi internationalisation is long-term project
Future is "promising", despite signs of stagnation
Indonesian central bank hikes rates as global volatility hits rupiah
Forex interventions cut reserves by 11% between January and July 2018
Cameroon faces risks from microfinance links to banks – IMF staff
Rise of mobile banking is making microfinance sector more vulnerable, report says
Argentinian central bank takes drastic action over currency crisis
BCRA hikes key rate by 500 basis points and pledges major forex and debt changes
The perilous road to normality
Many central banks are starting to tighten policy, but their room for error is limited and their final destination unclear. What more can they do?
Trump and Erdoğan: cut from the same populist cloth
Barry Eichengreen compares the respective strongmen of the US and Turkey, as the latter country spirals towards crisis
Brazil needs loose policy to safeguard recovery – IMF
Central bank held rates unchanged at record-low level on August 1
Zimbabwean economy faces uncertainty after controversial election result
Violence and accusations of unfairness around the presidential election have dampened hopes of economic recovery
Open economies less affected by low rates due to ageing populations – IMF
Older societies are prone to save more and consume less, which reduces inflationary pressures
People: Bank of Spain governor nominates new deputy
Governor nominates first female candidate to deputy role; central banks in Colombia and Seychelles get new board members; IMF appoints new legal head
IMF calls for Guinea central bank to cut government financing
Central bank must build up currency reserves and follow rule-based intervention strategy
Venezuela will give oil reserves to central bank and slash zeroes from currency
Central bank will have control of basin with 29 billion barrels of oil, president says
IMF warns of global risks from US fiscal expansion
Faster policy tightening by Fed could harm emerging economies, Obstfeld says
People: Maurice Obstfeld to retire from IMF in December
Macau reappoints monetary authority chairman to one-year term
The data commons: Taking big data global
The International Monetary Fund’s first-ever overarching strategy on data aims to spread big data expertise among fund members. Louis Marc Ducharme discusses the upcoming challenges.
Peru central bank clashes with IMF over communication
Central bank says it has no plans to modify communication given success of guidance
G20 warns against protectionism
Finance ministers and central bankers commit to support economy with fiscal and monetary tools
Trump tariffs could force Fed’s hand – IMF
US central bank could be forced to raise rates more quickly if tariffs force prices higher
IMF demands reinforced inflation targeting in Argentina
A new central bank charter should reinforce independence, fund says