Central Banking
BoE officials admit inflationary spiral is a growing risk
Deputy governor says “inflation mentality” could start influencing firms’ pricing decisions
Zimbabwe lifts lending freeze
President had announced total halt to lending in bid to defend local currency
Austria’s Partsch explains decision to raise equity exposures
Central bank boosted equity investments from 5% to 12% in the wake of the pandemic
Sarb puts South African bank into receivership
Central bank concerned by governance at lender owned by union and employers’ trust
Bangladesh Bank heist casino boss faces lawsuit in New York
Bank asserts Kim Wong was involved in money laundering for North Korean regime
Bernanke says Fed acted too slowly on inflation
Former Fed chair argues forward guidance hampered Fed’s response to rising prices
The green agenda dilemma
Central banks face a choice over whether to support national energy independence or climate goals, amid calls from some parties for higher inflation targets
Digital euro could be reality by 2026 – ECB’s Panetta
ECB will step up engagement with authorities and investigate means of issuing CBDC
New York Fed’s Logan picked for Dallas Fed president
Appointment triggers controversy over failure to appoint a Hispanic candidate
Saudi sovereign wealth fund sets up national coffee company
Coffee venture is part of national diversification plann
Chilean convention proposes central bank reform
Draft constitution would give central bank broader mandate and larger council
IMF boosts dollar and renminbi weights in new SDR valuation
Euro records largest drop, while yen and sterling decline slightly
People: UK appoints Bank of England MPC member
India names two RBI executive directors; Chilean vice-president to chair Irving Fisher Committee
BIS paper finds sovereign risk key to fiscal-monetary links
Study of Mexico models feedback loop between fiscal and monetary policy
Yellen calls for new stablecoin regulation amid algorithmic crash
Terra, a leading stablecoin, lost its dollar peg as several crypto-assets fell
Polish MPs confirm Glapiński for second term
Governor wins narrow vote despite double-digit inflation and harsh criticism
US Senate reappoints Powell as Fed chair
Appointment comes as Powell’s approval rating in polls falls to lowest point in his career
Bank of Mexico hints at tougher measures as it raises rates
Banxico ups inflation expectations while government unveils price-cutting plan
Argentine central bank hikes rates as inflation reaches 30-year high
Central bank makes optimistic comments on inflation path
Peru’s central bank continues sharp monetary tightening
BCRP revises up inflation expectations and hikes reference rate by 50 basis points
Shadow banks: the biggest threat to US financial stability?
Non-bank risks may be the greatest problem facing the Fed’s incoming vice-chair for supervision
Sri Lankan PM appointed after governor threatens to quit
Governor warns IMF deal for crisis-hit island could take months and calls for political stability
HKMA defends currency on foreign exchange markets
First interventions since 2019 come as Hong Kong central bank props up dollar peg
Czech president appoints policy dove as governor
Koruna falls as rate-hike opponent and former Babiš adviser prepares to lead CNB