Central Banking
Lower public spending holding back Middle East and Central Asia
Efficient and targeted investments require comprehensive data, says IMF paper
RBI postpones MPC meeting after failure to appoint new members
Committee falls below quorum at a difficult time for the Indian economy
ECB taking further steps to address gender imbalance - Isabel Schnabel
Efforts to foster greater inclusion of women help tackle “groupthink”, says board member
BoE welcomes temporary deal on post-Brexit clearing
‘Equivalence’ decision will avoid short-term cliff-edge for CCPs, as Brexit negotiations enter final stages
Bahamas prepares for nationwide CBDC rollout
Central bank says digital currency should improve financial inclusion – but it won’t be anonymous
Central banks must collaborate to tackle payment ‘shortcomings’, says Cœuré
Matching up disparate systems is challenging but central banks can catalyse change, BIS official says
Fed will calibrate NSFR to avoid hurting repo
Fed’s supervision head says final liquidity rule will be fast-tracked without fresh consultation
ECB paper offers model for timely response to financial risks
Framework should allow policy-makers to act rapidly in response to rising risk, authors say
BoE considering green conditionality for corporate bond-buying
Executive director says BoE will discuss with Treasury whether it should gain environmental mandate
Taiwanese central bank asks for smaller dollar trades
Large dollar orders may slow down foreign exchange transactions, central bank says
Bank of Mexico cuts rates again despite above-target inflation
President refuses to increase fiscal support package, citing danger of sovereign debt crisis
Fed’s Quarles ‘optimistic’ on economic outlook
Second wave of Covid-19 cases should be more manageable than the first, Fed vice-chair says
An end to the loveless marriage with the US dollar?
Covid-19 represents an unexpected shock that could cause further US dollar decoupling, which could show up in next week’s Cofer data release, writes Gary Smith
Turkish central bank raises rates unexpectedly
President Erdoğan dismissed previous governor for tightening monetary policy
BoE admits errors over audio leak
BoE dismissed warning over leak of audio and should have identified breach sooner, report says
Norges Bank holds rates over Covid-19 fears
Norwegian central bank expects rates to remain unchanged over the next two years
Riksbank will host Nordic fintech hub for BIS
Swedish parliament amends law governing central bank to finance BIS innovation hub in Stockholm
BIS paper models credit booms and busts
Authors outline heterogeneous-agent framework that could support macro-prudential policy
Is there a rift in the ECB governing council?
Mixed messages from Christine Lagarde were followed by sharp divergence among board members
Estimating the cost of a pandemic grant for the world’s poorest economies
The cost of support measures for vulnerable economies is manageable, says Steve Kamin, but political leadership may be lacking
Nigerian central bank cuts rates despite rising inflation
Country faces falling output and rising prices as general strike vote increases pressure
BIS paper delves into new fintech database
Authors investigate rise of “big tech credit” in many economies
Fed’s new framework has had little impact on expectations – NBER paper
Early evidence suggests few people heard the announcement and fewer understood it
People: Denmark names board member; interim chief quits UK FCA
Signe Krogstrup joins board; Chris Woolard to leave FCA after chairing review; MAS shuffles top ranks; long-serving central banker departs Bank of Namibia