Central Banking
Riksbank to offer counterparties new liquidity and deposit facilities
Measure aims to prevent volatility in overnight market rates as central bank reduces liquidity
Philippine central bank delivers off-cycle rate hike
Governor Remolona said high inflation expectations were ‘very worrisome’
US regulators issue new climate guidance, despite opposition
Governors Waller and Bowman voice strong disapproval
Decentralised finance has outpaced regulation – ECB paper
Technology with ‘no legal personality’ poses financial stability risks
Hungary continues loosening as inflation falls towards 10%
MNB cuts base rate by 75 basis points
Macklem warns Canadian politicians against rates lobbying
Governor says politicians’ letters could suggest ‘operational independence is at risk’
China boosts support for economy with new debt issuance
The central government will issue one trillion yuan in bonds in the fourth quarter
Riksbank needs a capital injection, says governor
Swedish central bank estimates it would need close to Skr80 billion
CBDC opponent is Republican speaker candidate for four hours
Emmer has introduced 'CBDC Anti-Surveillance Act' to lower house
Corporate pandemic cash buffer is running low, finds research
The impact of monetary policy could grow as companies’ cash dwindles, Boston Fed paper says
Firms’ pricing power was driver of generalised inflation, paper finds
Supply shocks gave firms cover to raise prices without losing sales, authors find
Botswana president appoints new governor
Government gives no reason for replacing Pelaelo, who led central bank since 2016
US Treasury division proposes crypto mixer regulation
Proposals target terrorism financing after Office of Foreign Assets Control sanctions Hamas
Stablecoins more vulnerable to runs, say Fed researchers
Authors point out similarities with MMFs and warn about financial instability risks
People: South Africa deputy governor plans to resign
BCIE presidential race; Chile general manager leaving; and more
New Zealand to publish new monthly price data
Central bank says the new data will be valuable for policy-making
Buy side reflects on BoE’s gilt liquidity lifeline
Lending facility could prevent repeat of last year’s LDI crisis if properly designed, pension and insurance experts say
Bank of Israel holds rate as Gaza conflict continues
Central bank stresses Israeli economy remains stable, but predicts increased deficits
Eurozone budget deficit declined in 2022
Government imbalances declined to 3.6% of GDP from 5.2% in 2021
E-krona could boost competition and safety, say Swedish retailers
Riksbank analyses consumers and retail traders payment preferences
IMF economists build financial stress index for 110 countries
Text-based method allows economists to assess both duration and intensity of financial crises
Bangladesh Bank reforms MPC
Move is part of IMF-promoted reforms as Bangladesh adopts interest-rate targeting
Colombia’s Acosta says early cuts ‘a big risk’
Statement to Bloomberg contradicts wishes of president and much of business community
EU data protection bodies raise concerns about digital euro
EDPB and EDPS request central bank explain how it will process and protect data