Central Banking
BoE ‘monitoring developments’ amid market ructions
Many analysts had predicted early policy action from the central bank
World Bank president under fire over climate comments
David Malpass seemed unsure about man-made climate change
Hackers target Iran’s central bank website amid protests
Internet blackout reported on September 21
Brazil makes first FX intervention of the year
Strong real bucks wider regional trend of depreciation against the dollar
ECB’s green bond plan is insufficient, NGO says
ECB plan shies away from excluding high carbon output companies, says Reclaim Finance
PBoC raises FX risk reserve ratio for forward trading
Move is the Chinese central bank’s latest attempt to slow the yuan’s decline
RBA reports huge losses from bond purchase programme
Central bank says its asset purchase programme helped boost the economy despite its financial cost
Guatemalan central bank orders 25bp hike
Central bank raises rates to highest level since 2017
IDB president faces dismissal over alleged abuse of power
Claver-Carone attacks investigation and denies alleged affair
Vietnam and Taiwan raise interest rates after Fed hike
SBV raises key rates by 100 basis points, while Taiwan delivers modest 12.5bp hike
People: new climate risk officer at OCC, Sama hires CBDC head, and more
Saudi Central Bank names CBDC director; Dominican Republic and Tunisia announce senior appointments
Hong Kong, Indonesia and Philippines raise rates
Indonesian hike is above expectations while HKMA and BSP also raise rates
Central Bank of Brazil pauses tightening cycle
Latin America’s leading central bank says holding rates may be enough to reach inflation target
SNB abandons negative rates
Jordan says Swiss central bank’s use of negative rates was effective
Norges Bank hikes rate by 50bp for third time in a row
Norwegian central bank revises inflation forecast up and future GDP estimate down
Japan intervenes in FX market for first time in 24 years
Yen falls below 145 to the USD after the BoJ kept ultra-low rates unchanged
BoE hikes rates 50bp as fiscal policy increases uncertainty
Divided MPC approves rate increase, but several members call for more aggressive hike
Fed raises interest rate 75bp for third time
Powell reiterates pledge to “keep at it” until inflation is back to 2%
Danish central bank slashes growth forecast and predicts higher inflation
“Everyone will feel” impact of tighter policy, governor acknowledges
NY court orders world’s largest stablecoin issuer to prove reserves
Defendants accused of crypto market price manipulation
Fed paper explores rate hike impact on money markets
Monetary tightening likely to impact flows in and out of Fed’s overnight repo facility
US CBDC research ‘could take years’, says Treasury
Report weighs design choices that could underpin digital dollar
Hong Kong forges ahead with retail CBDC plans
Three “rails” will guide path to possible central bank digital currency issuance
Bundesbank vice-president calls for shift to ‘carbon accounting’
Proper calculation of carbon costs will mean firms disclosing private data, Claudia Buch says