Central Banking
Armenia raises policy rate 50 basis points
Central bank tightens grip on credit with seventh rate hike in 12 months
Masaaki Shirakawa on lessons from crisis and how to reform central banks
The former governor reflects on a turbulent 40 years at the Bank of Japan, and considers how central banks might face up to the challenges of the future
BoE tightens countercyclical buffer as risks stabilise
Banks expected to meet higher rate without cutting lending, even as capital ratios dip
ECB’s de Guindos tests positive for Covid-19
Vice-president has “very mild” symptoms and has not been in “close contact” with Christine Lagarde
BSP inks deal with Australian firm for polymer note
Note Printing Australia will produce 1000-peso banknote, circulating from next year
US inflation reaches new peak
CPI figure hits 6.8%, the highest rate in nearly four decades
The matter of minutes: Why open up private deliberations?
Many central banks publish records of MPC meetings, but far fewer publish vote tallies. Where should public scrutiny stop?
Podcast: an update on the e-naira project
Bitt’s Imran Khan explains how its project in Nigeria is different to CBDC projects launched before
Kenyan central bank to oversee digital lenders
Governor had requested “teeth” from parliament but lawmakers removed some powers
Polish central bank hikes rates again
NBP says it will continue to act to push inflation back to target
Peruvian central bank orders fifth consecutive rate hike
Board says it may not implement further hikes and above-target inflation is “transitory”
IMF criticises Chilean pension withdrawals
Fund says crisis measure was excessive and now threatens process of market deepening
Labour market changes key to inflation – BIS’s Shin
Central banks may face “race against time” to prevent wage-price spiral, says Hyun Song Shin
Guinea junta replaces central bank leadership
Military president removes governor chosen by his civilian predecessor
BoJ does not need to tighten policy – deputy governor
Masayoshi Amamiya says Japan is facing a unique inflation situation
Brazilian MPC tightens rates again despite sluggish growth
MPC “foresees another adjustment of the same magnitude” at next meeting
People: Arce to lead ECB economics directorate
SNB deputy to retire; Vanuatu names new deputy; Glenn Stevens to chair Macquarie; and more
BdF paper looks at use of capital controls and foreign reserves
Many countries combine both to moderate effects of international capital flows
Cash: important for a fairer economy
One interesting economic story over the past year has been the growth in grassroots support for cash payments. Against the backdrop of the Covid‑19 pandemic and now debunked rumours that coins and banknotes could be significant transmission vectors for…
Georgia central bank orders 50bp hike
Central bank raises policy rate to 10.5% as inflation continues rising
New Zealand banks well positioned to face new Covid shock, says RBNZ
Central bank carried out both solvency and liquidity stress tests in 2021 exercises
Omarova ends bid for OCC job
Biden nominee faced Republican charges of radicalism and alienated some Democrats
Project Jura executes ‘real-life’ cross-border CBDC settlement
“Dual-notary” structure could help protect monetary sovereignty, says Benoît Cœuré
RBA says DLT network is viable option for wholesale CBDC
Project Atom proved wholesale CBDC issued over DLT network reduced risk and improved efficiency of loan payments