Central Banking
Ghana hikes rates again as inflation passes 40%
Governor says country faces “huge financing gap” as government uses central bank credit
Guatemala accelerates hikes while Dominican Republic pauses
Dominican core and headline inflation falling, but pressures are rising in Guatemala
Fijian central bank upgrades RTGS
New system will handle $81.6 billion of transactions annually, Reserve Bank of Fiji says
Bank Indonesia announces CBDC plan
Central bank will test wholesale and retail CBDC as Warjiyo says private digital assets pose new risks
BoE not briefed on disastrous ‘mini-budget’, Bailey says
Governor says absence of independent assessment of tax package made it very hard to assess
Fed officials disagree on dealing with uncertainty
Vice-chair Brainard and Cleveland Fed’s Mester take different stances on uncertainty
CPMI and Iosco raise ‘serious’ concern over cyber security flaw
Global bodies say several FMIs have vulnerabilities in their cyber security
Eurozone inflation falls for first time in 17 months, estimates say
Eurostat figures show inflation dropping in most countries, including Germany
Bank of Lithuania targets 2025 for data governance overhaul
Central bank moves to “hub-and-spoke” structure as it seeks to streamline reporting and analytics
Bank of Canada posts first quarterly loss in its history
“We do not make policy to maximise our income,” says Macklem
Bank of Thailand raises interest rate by 25 basis points
Central bank decision comes after headline inflation eased to around 6% in October
Knot and Schnabel strike hawkish tone on ECB policy
Portuguese governor calls for an end to 75bp hikes; Lagarde says inflation may still rise
RBI set to launch retail CBDC pilot
Retail version of the e-rupee will be issued as tokens in same denominations as cash
BoE begins unwinding gilt market intervention
Use of “reverse enquiry window” designed to limit market impact from £19 billion sales
NY Fed’s Williams foresees rate cuts in 2024
Fed minutes discuss inflation expectation dispersion, losses and policy lag risks
Rates round-up: Pakistan adds 100bp to main rate
Central banks raise rates in Kenya, Congo and Iceland
RBA to review payment system after outage
Central bank apologises for October incident that saw 500,000 payments via an Australian fast payment platform delayed for hours or days
People: Esma appoints vice-chair
HKMA names deputy chief executive; MAS expands sustainability group
Colombian court annuls Carrasquilla appointment
Law required president to name a woman to vacancy to central bank board, say judges
Oman marks 10 years of Islamic banking
Central bank deems sector “systemically significant”
Central Bank of Azerbaijan ramps up cyber security
Division head points to AI’s potential as additional safeguard
RBA governor apologises over forward guidance
Philip Lowe says he’s sorry that people took out mortgages on the basis of central bank guidance
Sarb hikes rates as inflation continues to rise
MPC votes by three to two for 75bp rise as Kganyago warns power cuts are harming economy
Slovak police charge governor with bribery
Kažimir strongly rejects allegation that he tried to bribe head of tax agency