Central Banking
US and Korea agree to set up liquidity facilities if necessary
It is still unclear whether the facilities would involve a currency swap line
China, Hong Kong, Thailand and UAE complete cross-border CBDC test
Bank for International Settlements co-ordinated the trial on its mBridge platform
Israel, Norway and Sweden to link CBDCs in BIS project
Trial will test international retail and remittance payments
Eurozone inflation reaches new record level
Energy prices are still main driver but eurozone’s core goods inflation also rose
Bank of Mexico raises rates 75bp for third time
Banxico raises inflation forecasts as analysts say it is likely to continue following Fed
Colombia orders ninth consecutive rate increase
Inflation rises above central bank projections as finance minister expresses frustration
Charles III coins will circulate by end of year, says UK mint
New king will appear on 50 pence coin and commemorative issue
PBoC allows some cities to cut mortgage rates for first-time buyers
One-third of China's largest cities will qualify for new arrangement, analysts say
French Pacific monetary authority raises rates
IEOM orders 75bp increase in deposit rate to combat inflation
BoE becomes reluctant market-maker of last resort
Gilt market turmoil has again forced the BoE to intervene. Is there a better way?
Regional Fed presidents signal resolve and acknowledge recession risks
Fed’s Collins, Mester, Bullard, Evans, Kashkari and Daly speak on the path ahead for policy
Four African central banks take policy decisions
Morocco and BEAC increase rates and Tanzania reduces liquidity while Angola cuts policy rate
Nigerian MPC raises rates as inflation reaches highest level since 2005
Governor says inflation is gathering pace and next year’s election is increasing sovereign risk
Bank of Uganda denies government broke law on loan repayment
Opposition says government borrowed more than $2 billion, but central bank rejects claim
The risks of a simultaneous and rapid global tightening
Economists call for a more co-ordinated and gradual increase in interest rates
PBoC warns investors against renminbi speculation
Central bank seeks to shore up currency after the onshore yuan fell to its lowest against dollar since 2008
Quantitative tightening: missed opportunities
Treasuries and central banks must think harder about balance sheet policies, says Philip Turner
Central Bank of Kenya orders digital credit firms to ‘cease and desist’
Backlog of 278 applications pending while central bank awaits paperwork
IDB fires president after accusations of abuse of power
External investigators claimed Claver-Carone had not co-operated with probe
Expectations are key to carbon tax’s impact, says ECB paper
Inflation may rise if consumers doubt government’s commitment to raise green taxes, research finds
Thailand’s central bank raises rates 25bp again
Inflation reaches highest level since 2008 as Thai currency weakens
BoE to buy bonds on ‘whatever scale is necessary’
Turmoil in gilt markets forces pension funds to dump assets to meet margin calls
Senior BIS official highlights risks to Asian economies
Chief Asia-Pacific representative warns of increased debt levels in Asia