Central Banking
Canada records highest inflation since 2011
House prices help drive figures up, as inflation becomes campaign issue in election season
RBI launches financial inclusion index
Metric based on 97 indicators designed to assess access, usage and quality of financial services
Mexican president demands IMF assets from central bank
Governor rejects proposal and former presidential ally says it would be legally impossible
Less chance of “taper tantrum” in emerging markets – Dallas Fed paper
Emerging markets have larger dollar reserves to meet financing disruptions
RBA governor dismisses calls for policy review
Opposition politician criticises central bank for frequently missing inflation target
Digital yuan project should rethink anonymity, paper urges
Scholars argue CBDC “wallets” ought to be under full control of retail users
Bank dividend suspension proved effective – ECB
Lenders that reduced distributions increased both provisions and lending to the real economy
Taliban unlikely to gain immediate access to most DAB assets
Likely asset freeze and fall in currency may lead to hyperinflation, analyst warns
Covid case halts RBNZ rate hike plans
Central bank had been expected to raise rates but lockdowns signal further uncertainty
Uruguay raises policy rate 50 basis points
Move is first time central bank has raised rates since readopting a policy rate last year
Bank of Thailand calls for additional $30 billion borrowing
Debt totalled 54% of GDP by June, putting pressure on the 60% ceiling
How we can improve gender diversity in economics
Mary Suiter and Oksana Leukhina say gender diversity in economics must be championed
Afghan governor flees country as Taliban seize Kabul
Some former officials manage to leave Kabul while sources say others remain in country
Eurozone returns to growth in Q2
Employment increases, but economic expansion is uneven across economies
No one monetary policy target optimal – Bank of Canada paper
Flexible inflation targeting one of best performers in “horse race” with other options
Venezuela to debut CBDC in October
“Bolívar digital” accompanied by redenomination of currency, which will drop six zeroes
IMF urges Bank of Sierra Leone to investigate cash shortages
Recent banknote shipment failed to alleviate shortage, fund says
Green finance and mispricing: what role for central banks and governments?
Governments and central banks cannot stay on the sidelines if they are to fix market mispricing, says Sayuri Shirai
Belize governor resigns after 19 weeks
Central bank offers few details, but country has suffered sharp economic blows
Lebanese politicians condemn governor for ending fuel subsidy
Salameh says he will not resume subsidy unless parliament allows use of mandatory reserves
SNB research highlights trade-offs in use of capital controls
Financial stability benefits come at cost of curbing job creation, authors find
Systemic banks shrink balance sheets at reporting dates – BIS paper
Authors find “systematic” balance sheet compression often results in lower capital requirements
Uganda’s growth unlikely to return to pre-pandemic levels until 2024
Central bank governor says tourism sector has been hit by Covid containment measures