Marton Nagy resignation raises questions on future policy; BIS picks new CPMI secretariat head
What insights can history provide for central banks hit by large rises in government debt?
New Fed facility may further reduce incentives to buy gold, Hungarian official says
New ‘global’ setup helped secure US dollar-denominated assets from a Eurosystem central bank
European attempt to challenge the dollar has led to “open US warfare against EU”, Matolcsy says
Veteran governor Mugur Isărescu has defended the central bank’s independence
Reserve managers reveal their top counterparties
Insight and perspectives from the world's leaders, premier policy-makers and financiers
Reform of the financial system that brought about the 2007–08 financial crisis has not gone far enough and advanced and emerging market economies must find a more co-operative way forward to ensure globalisation can continue.
Multilateral rules and multilateral bodies will need to be upgraded in the coming years to better represent the shift in economic gravity towards Asia, which has emerged as the largest contributor to global growth during the past decade.
But staff numbers grow at several banks, including ECB and Bank of England
Monetary policy divergence, protectionism and ESG are shaping reserve managers’ approach to 2019
Governor Matolcsy says prime minister asked MNB to reconsider gold policy
Central bank reshuffles its wide range of unconventional instruments and launches lending facility
Company wholly owned by MNB to have system operational ‘by mid-2019’
Nagy replaced as head of Budapest stock exchange two days earlier
Move taken “to support lending” as banks sell off portfolios of “problem loans”
Central bank says process ‘transparent’, but local organisation brings legal challenge
ECB reports greater convergence on economic indicators among seven countries
Governor says law-maker accused him of “stealing”
MNB governor Matolcsy formally opens Paris office
Institutions designated by EBA criteria and also by supervisory judgement
Recent measures create potential conflicts of interest, ECB says
Both of Hungary’s highest courts rule against law on central bank assets