Europe
NBFIs could dent transmission – Bundesbank board member
Growing non-bank activity could diminish banking channel’s importance, says Köhler-Geib
Insurers make disasters worse for eurozone governments – ECB study
Resulting sell-offs of short-term debt push up sovereign borrowing costs, research finds
Local languages widely used in central bank communications
African central banks use more English in communications than counterparts in other regions
MNB puts sectoral buffers in place as real estate pressure mounts
Subsidised loans have increased demand for property eightfold, central bank finds
Journalists and politicians are main critics of central banks
Benchmark respondents comment on their efforts to engage constructively with stakeholders
Alexandre Tombini on LatAm resilience and growth amid uncertainty
The BIS Americas head speaks about the impact of the US tariffs, building resilience amid uncertainty and fostering inclusion through digital payments
Synchronisation can support tokenised securities settlement – BoE
But central bank says it is unclear whether it outperforms unified ledger
Comms teams see dis/misinformation on social media as key risk
Criticism from government ranks as smallest risk
Italian government looks to raid central bank gold reserves
Budget amendment could see Bank of Italy liquidate 2,452 tonnes of bullion
Website upgrades are comms teams’ top priorities for next year
Commitments differ somewhat by departmental structure
ECB in no hurry with new structural operations – Välimäki
Portfolio will first need to be reduced ‘considerably’, says bank's alternate board member
Larger comms teams involved earlier in policy decisions
Most departments become involved in duty after decisions are taken
Hybrid teams widely employ social media for two-way communications
Most respondents use strategies to address crises and disinformation
CNB digital asset portfolio is about real learning, says Michl
Governor says bank is not looking to simulate reality but ‘touch it’ with experimental bitcoin holding
Communications teams use AI mainly for drafting
But use cases vary according to team structures
Lagarde says talk of AI bubble misses ‘bigger picture’
ECB president, a former AI sceptic, now believes not embracing it could ‘jeopardise Europe’s future’
People: Saudi governor elected to BIS board
Plus senior appointments in Asia, the Middle East and Europe
LinkedIn, Facebook and YouTube are top comms platforms
Over a third of communication teams adopted new platforms in the past year
Central banks universally communicate internally via email
Additional tools used vary somewhat by system efficiency and structure
ECB moves to link Tips with India’s UPI and Nexus
Connection with Nexus still hinges on ECB exploring potential ‘feasibility’
€25K handouts would not affect labour market – ECB paper
Stimulus packages are effective in raising consumption, researchers argue