Central Banking
Fed’s Clarida reveals large pre-pandemic equities trades
Departing vice-chair files amended disclosure forms, reigniting criticism of Fed leaders
Argentina raises rates for first time since 2020
BCRA raises benchmark rate 200 basis points, as IMF talks continue
Fed Board announces regional chairs and deputies
Proportion of women and ethnic minority directors at regional Feds increases
SNB predicts rise in profits for 2021
Early estimate suggests profits will be up around Sfr5 billion on 2020 figure
Peru hikes rates 50bp again
Central bank continues tightening programme begun in August
Papua New Guinea reforms central bank and forces out governor
Law changes board and policy framework, and allows central bank financing
Is Latin American monetary policy still counter-cyclical?
Latin American central banks have been tightening monetary policy aggressively. Steve Kamin examines whether this is a return to historical patterns or if it reflects a newer approach
People: McWilliams resigns from FDIC
New appointments at IMF and Indonesian central bank
RBI launches offline digital payments
Indian central bank hopes scheme will promote digital payments in remote areas
Uruguayan central bank speeds up monetary tightening
Central bank makes fourth consecutive hike and says it expects further rises at next two meetings
Turkish central bank announces $10 billion one-day profit
Move follows president’s pledge on dollar deposits amid evidence of worsening economic crisis
Jamaica prepares for national CBDC launch
Country is in the vanguard of digital currencies as it begins its national launch this quarter
Adel Al-Sharkas appointed Central Bank of Jordan governor
Deputy governor promoted into top job as economy experiences “nascent” recovery
Material world: the enduring appeal of paper banknotes
Central banks have used space-age polymers to make banknotes for decades. So why does paper remain predominant in banknote production?
Poland continues tightening in new year
Central bank adds 50bp to rates, the fourth increase in a row amid high inflation
South Sudanese president fires governor for fifth time
President again dismisses governor as country’s economic crisis continues
Mexican government announces CBDC for 2024
Bank of Mexico has yet to comment publicly on the initiative
Bank of Canada paper proposes ‘expiry date’ on offline CBDC
CBDC could have expiry date to help consumers recover lost money, authors say
RBI flags ‘emerging signs of stress’ in small firms
Stress tests indicate rise in Indian non-performing assets likely in coming months
BoE to publish ‘pop-economics’ book
‘Can’t we just print more money?’ is latest step in educational push by central bank
Dominican Republic ends 2021 with 100bp hike
Central bank returns rate to pre-pandemic level as economy and inflation steadily grow
The longest book ever written?
The Single Rulebook on EU financial regulation is a serious contender for the prize of the longest book ever written. But will it deliver a safer and better financial system?
2021: The year in review
The year has seen central banks switch from recovery mode to battling inflation. Central Banking looks back at the stories that made the biggest impact in 2021
IMF finds Argentina bailout ‘did not deliver on its objectives’
Largest-ever IMF loan was ineffective and “not sufficiently robust”