Central Banking
Yield curve control not ECB’s ‘easiest way forward’ – Centeno
ECB board member Fabio Panetta calls for decisive action to reduce higher bond yields
Cash in circulation to remain elevated, Bank of Canada research says
Withdrawal and deposit relationships and high denominations to blame
BIS paper proposes solution to ‘runnable brown assets’
Central bank liquidity backstop could boost stability and encourage firms to go green, authors say
UK’s FCA appoints five women to senior roles
Regulator appoints chief operations and data officers, executive directors and market oversight chief
NY Fed names new first VP
Naureen Hassan joins NY Fed; Philippines and Chile appoint new officials
Brazil ramps up FX interventions to defend real
Governor Campos Neto says fall “is not justified by fundamentals”
Central Bank of Argentina calls for investigation of IMF agreement
Fund granted South American economy over $57 billion in 2018, its largest-ever package
Paper models link between policy uncertainty and growth
Bank of Luxembourg paper looks at how investors adjust their estimates of monetary policy
BoE given green remit for monetary policy
Central bank to provide details on reforming corporate bond buying “in the coming months”
Cyber attacks on finance increased sharply during pandemic – BIS
Increased use of cloud could increase firms’ vulnerability, researchers warn
Fed officials differ on outlook for US economy
Leaders agree on policy, but differ on forecasts, measures and key concerns
RBA boosts bond-buying to defend yield curve target
Governor says the central bank can increase purchases further if needed
The Bank of Japan must adjust its monetary policy
Sayuri Shirai says the central bank needs to make its policy more sustainable. The BoJ is running out of ways to generate further monetary stimulus
Bank of Korea to expand government bond purchases
South Korean central bank vows to buy more government bonds as finance ministry proposes new pandemic relief package
Covid-19 reveals systemic flaws – Brainard
Fed board member weighs impact of March 2020 crisis in money markets, warning some risks remain
SNB profit drops by nearly 60%
Swiss central bank records much smaller profits on foreign currency positions
Paper examines US pensions’ effects on natural rate
Welfare effects of possible reforms depends on productivity growth, Bank of Italy paper finds
Bank of Canada unveils new diversity strategy
“No place for racism in the Bank of Canada,” says Macklem
Kansas City Fed launches new website
Improved navigation and search functionality are at the core of redesign, central bank says
ECB pushes for greater crypto asset powers
Central bank suggests changes to afford it greater oversight of e-money issuers
Irish central bank to gain stronger anti-counterfeiting powers
Draft law makes Irish central bank national currency analysis centre and gives it enforcement role
Myanmar central bank caps cash withdrawals
Officials claim measure is part of digital transition, while the military grows more violent
Yellen backs proposal for SDR issuance
G20 calls on IMF to develop proposal for “general allocation of SDRs”
IMF urges São Tomé and Príncipe central bank to support recovery
Lack of tourism and drop in remittances has caused recession, fund says