Central Banking
FSB outlines crypto and defi risks to financial stability
Future work will map “oracles”, “bridges” and other links with traditional finance
Brazilian president ‘not interested in fighting’ Campos Neto
Monetary council keeps 3.25% inflation target unchanged despite president’s criticism
Canadian senators call for greater transparency from central bank
Committee also says quantitative easing may have been overly “aggressive”
Bank of Japan to start CBDC pilot in April
Central bank presses ahead with designing a general purpose CBDC
Laotian central bank launches CBDC pilot
Bank of the Lao PDR working with Japanese government and fintech firm to test CBDC
EU countries must report Bank of Russia assets, Commission says
Move opens way for seizing Russian assets, but Swiss government says confiscation would be illegal
Fed officials say rates may have to rise despite CPI fall
Harker, Bowman, Williams and Logan sound hawkish notes in speeches
Cuba replaces central bank governor
Head of foreign exchange body takes over from Wilson González
World Bank president to step down in June
Malpass to leave office early in June after sparking climate change controversy
Bolivian central bank offers preferential rate for dollars
Dwindling reserves drive new measures to obtain foreign exchange and gold for central bank
Sovereign debt restructuring can be improved – paper
Authors recommend changes to GDP-linked debt and process of loss sharing
One in five fintechs in Ireland send inaccurate returns to regulator
One in four reported deficiencies in safeguarding customers’ funds
UAE plans to launch CBDC by 2026
Fintech strategy aims for cashless society through digital transformation
Can new BoJ governor Ueda maintain his neutral position?
Kazuo Ueda will face divided views on monetary easing and its growing side-effects when he takes office, writes Sayuri Shirai
People: France appoints deputy governor
New deputy governors in Indonesia and Kenya; Dilma Rousseff to lead Brics bank
PBoC injects more funds into banking system
Central bank keeps rate unchanged as it adds $29 billion of new one-year loans
Russian governor says rates may have to rise
Nabiullina says economy may grow amid wartime investment, but inflationary pressures are high
US CPI inflation sees minor fall
Shelter costs were the largest contributor to inflation for the second month in a row
Biden to name Brainard to White House post this week – reports
Fed vice-chair would become leading economic adviser
Investors improve at funding high-impact climate tech – paper
After widespread failures investing in first wave of climate tech, investors are having more of an impact
Japan nominates Kazuo Ueda as next BoJ governor
Analyst believes “half-insider” Ueda has balanced views on monetary policy
Bank of Canada paper tests ‘inflation tax’ in lab experiment
Experimental design could be used to test other aspects of monetary policy, researchers say
Lebanese governor says he will step down this year
European magistrates intend to return to investigate allegations against Salameh, reports say
Bitcoin price does not respond to market signals – paper
Researchers find cryptocurrency value “orthogonal” to most economic indicators