Central Banking
Libya’s new central bank governor faces uphill battle
Experts warn Boukhzam is inheriting a politically compromised institution
Fed designates October 2027 for its first ‘strategy-only’ meeting
FOMC to take full break next December as it brings forward final rates decision of year to November
Treat payments as one integrated ecosystem, expert says
Virtual meetings hear how domestic and cross-border ISO 20022 upgrades should be carried out at same time
BIS and Amro publish ‘ready-to-run’ global liquidity stress test
‘Open access, top-down’ framework aims to overcome data and comparability issues
Fiscal boost will not raise German growth, Nagel says
Bundesbank president calls for structural reforms, despite stronger-than-expected recovery
FSB calls on Turkey to strengthen stablecoin regs
Despite ‘meaningful progress’, country still lacks regulatory framework for issuers
Oil price feeds into core inflation more than before Covid – study
Costlier crude results in sevenfold hit to price levels, Fed economists find
Mauritius hikes by 25bp as inflation climbs above target
MPC hopes acting now will help prevent need for larger increase down the line
Asean+3 expands access to mutual swap line
Amro says new facility can provide emergency liquidity following natural disasters or pandemics
Future of settlement is taking shape – so are some big questions
Cash or coins? How to tackle loss of netting? What about CBDCs? Market has a lot to decide in settlement revamp
Ex-intelligence chief warns central banks to be vigilant
David Omand tells BoE conference that efforts to destabilise financial system are increasingly likely
Head of Turkey’s banking watchdog submits resignation
Former CBRT governor says he wishes to avoid further reputational damage to agency over investment scandal
Scenario analysis helps protect policy buffers – panel
Economic thinking and policy-making processes are shifting in face of global shocks, central bankers say
Reserve managers say gold is politically toxic to manage
Treasuries still used as preferred hedge despite increasing diversification away from dollars
Framework guidance helps ECB monetary policy comms – Lane
Approach appears to have made rate expectations more sensitive to economic news, says chief economist
Singapore opens vaults to foreign central banks’ gold
MAS also plans new goods and services tax framework for institutional bullion market participants
BoE deputy signals more hikes in ‘low-hire, low-fire’ dynamic
Headline employment figures mask young people’s work woes, Lombardelli tells watchers conference
AI disproportionately affects young job seekers in US – study
Doors harder to open for new entrants to labour market, says Cleveland Fed research
Eurozone aims to pick ECB head ‘by December’– Eurogroup chief
Lagarde’s successor expected to be chosen as part of broader package of executive appointments
Small nations can offer big lessons – ECCB deputy
Valda Henry tells Virtual Meetings why collaboration and resilience are crucial in today’s volatile world
Waller rules out using balance sheet as he floats 50bp hike
Fed governor also questions whether a ‘stable’ US labour market is a ‘healthy’ one