Central Banking
Fiscal policy may complicate fight against inflation, says Macklem
Bank of Canada governor warns projected spending may ‘not be helpful’ for monetary policy
Ex-governor backs candidate who wants to abolish BCRA
Guido Sandleris says ‘continuity of Kirchnerism’ would be worse for Argentina
Sam Bankman-Fried takes the stand in wire fraud trial
FTX head says he doesn’t know how $9 billion in funds disappeared
Bénédicte Nolens on the latest mBridge developments
The head of the Bank for International Settlements’ Hong Kong Centre speaks about cross-border CBDC governance, ongoing FX challenges and evolving technology
SNB cuts interest payments amid losses
Swiss central bank lost over Sfr12 billion in Q3
BoJ scraps rigid bond yield cap
Central bank further loosens YCC, ends daily bond buys and raises inflation forecasts
Zimbabwe cuts policy rate to 130%
Reserve Bank reduces rate by 2,000bp as inflation eases, according to official figures
Court grants Evergrande five more weeks to avert liquidation
Hong Kong court gives Chinese developer until December 4 to revise restructuring plan
BIS releases guide to tackle ‘complex’ offline CBDC design
Trade-offs include privacy and security to meet jurisdiction-specific objectives
Former executives of troubled lender wanted by Vietnam police
Central bank is looking for investors to acquire failed Saigon Commercial Bank
‘Digital pound’ needed as cash successor, says BoE’s Cunliffe
Departing deputy governor says CBDC could be necessary by decade’s end
US sanctions Russia-linked investment bank in Hungary
Orbán government withdraws from lender called “spy bank” by opponent
Russia raises rates, Ukraine lowers them
High domestic demand pushes up prices in both countries
World Bank issues first digital bonds on Euroclear’s platform
Distributed ledger technology has potential to improve securities processing
China sets up renminbi clearing bank in Laos
New currency clearing arrangement is China’s fifth in South-east Asia
Costa Rica and Paraguay whittle away at rates
Both countries make 25bp cuts as inflation falls
Chile continues lowering rates, despite weakening peso
Central bank also halts reserves accumulation, citing market turmoil
Fed proposes lowering permitted debit card fees
Proposal draws ire from Michelle Bowman and banking trade associations
Swedish parliament urged to reinforce legal status of cash
“More consumers and businesses need access to payment accounts,” says Riksbank governor
Remittances to Mexico reach record high, says Dallas Fed
Researchers say strong US construction sector fuels funds transfers
Bank of Canada holds policy rate again at 5%
Central bank suggesting rates will stay high as inflation remains strong
ECB holds rates unchanged at 4%
Central bank pauses tightening cycle after 10 consecutive rate increases
Turkey continues rate increases for fifth straight month
Central bank wants Turkey on a ‘disinflation course’ in 2024
RBA’s Bullock rules out setting an employment target
Governor says full employment cannot be reduced to a single measurement