Central Banking
Honduran president appoints new governor
Rebeca Santos was finance minister and faced fraud charges over political dispute
Polish president nominates governor for second term
Opposition politicians criticise Glapiński over rising inflation and claims of bias
Central Bank of Colombia steps up tightening cycle
Full percentage point hike comes as both inflation and growth rebound
RBI’s Patra highlights value of bold crisis communications
Central bank usually avoids the “glare of the limelight” but Covid demanded rethink, says Michael Patra
Pakistan passes central bank autonomy law
Senate approval brings country closer to meeting IMF loan requirements
Wunsch sceptical on forward guidance
Belgian governor says tool may be effective in a stable environment of below-target inflation
IMF warns Chinese economic recovery ‘lacks balance’
Focus on investment has set back progress towards “high-quality” growth, fund says
IMF staff agree outline of deal with Argentina
Argentina accepts need for policy framework leading to positive interest rates, IMF says
Eastern Caribbean digital currency remains offline
DCash has been shut down since January 14, as firm says it has “identified problem”
ESRB calls for European cyber incident framework
Regulators must have joint response to systemic cyber incidents
Kazakhstan’s president announces changes to powerful wealth fund
National unrest leads to changes at SWF that owns an estimated 40% of GDP
Wunsch calls for gradual ECB policy tightening
Belgian governor stresses risks posed by prolonged negative rates and QE
IMF officials warn of high-risk asset sell-off
Investment in emerging markets could be hit by over-aggressive tightening, economists say
BIS paper challenges standard theories of term structure
“Expectation errors”, not term premia, create biased predictions of short-term rate – researchers
Sarb raises rates 25 basis points as inflation rises
MPC votes by four to one for hike, as inflation nears top of target range
Facebook-backed stablecoin project to wind down, report says
Project formerly known as Libra had struggled to gain regulatory approval
ECB launches climate risk stress tests
Exercise will feed into SREP and could indirectly affect lenders’ capital ratios, ECB says
Costa Rica orders second consecutive rate hike
Inflation remains within target band but risks “lean to the upside”, board says
Chilean central bank hikes rate more than expected
Central Bank of Chile says inflation and economic activity is rising faster than its forecasts
Fed signals time will be right for rate hike ‘soon’
QE set to end in March, with balance sheet to start shrinking after rates rise
Canada removes forward guidance and maintains policy rate
Economic slack was absorbed rapidly in late 2021 and early 2022, bank says
IMF pares back forecasts as world faces ‘multiple challenges’
Omicron variant, supply disruptions and inflation threaten to hold back recovery, says Gita Gopinath
Holocaust survivor reparations boosted families’ education and wages
Bank of Israel paper studies the long-term consequences of compensation received by victims
Sri Lanka raises rates as food prices rise sharply
Governor says country does not need IMF aid despite minister warning of potential energy blackout