Central Banking
BoE analysis sparks debate over reuse of repo collateral
Central bank policy analyst contends reuse of collateral may amplify volatility in repo rates
Olaf Sleijpen to step up to DNB presidency
Klaas Knot says his successor embodies “substance, integrity and the ability to forge connections”
Policy must be forceful to anchor expectations, panel hears
Central bankers discuss lessons from post-Covid inflation surge at Summer Meetings
Tariffs do not solve tensions but erode global growth – Lagarde
In speech to the PBoC, ECB president says countries with surpluses and deficits must both try to find solutions
US bank profitability measure continues rising – study
Net interest margin climbed throughout 2024 and Q1 2025, St Louis Fed research finds
Mexico’s deputy governor hints at rate hold
Heath says analysts disagree with central bank over timeline on taming inflation
Trump: Powell is a ‘numbskull’ for not cutting rates
President calls for 100bp easing, while vice-president says Fed policy is “monetary malpractice”
PMA attacks Israeli efforts to end bank co-operation
Authority says proposal would cut off Palestinians’ access to basic goods and services
Connectivity makes payments faster and cheaper – panel
Officials at Summer Meetings discuss need to facilitate cross-border payment systems
AI ‘not there yet’ for reserve management, panellists say
Managers say new technology helps with some analysis but risks remain
Monetary policy faces new era of complexity – Bosnian governor
Selimović urges rethink of central banking amid constant disruption and uncertainty
Bottom-up approach crucial when adopting AI – panel
Central banks must engage end users when implementing new technology, officials say
IMF’s Adrian highlights GaR’s value in scenario analysis
Chief financial counsellor tells Summer Meetings of motivation in developing award-winning framework
BoK expresses ‘grave concern’ over Korean economy
Governor says stimulus needed, but cautions against expecting too much from rate cuts
Liquidity is king for risk and reserve managers – panel
Short-term market moves cannot determine asset allocation, central bankers say
Central Banking Awards 2025 ceremony honours shining stars
Oscars of central banking recognise excellence in the community
Capping interchange fees would benefit cash and card users – Fed study
Authors say limit on payment card charges would be advantageous for both customers and merchants
Central banks looking to re-orient to euro from US dollar – panel
“Geopolitics is here to stay”, reserve managers say, as “very gradual” de-dollarisation continues
Acting US currency comptroller defends pre-emption
Hood says principle is in line with federal law and court precedent
Central banks use ‘hackathons’ to promote innovation
Key risks from AI paradigm shift will be reputational, panellists say
Central bankers discuss policy-making amid high uncertainty
Flexibility, caution and financial stability analysis can support monetary policy, panellists say
Innovation must not erode basics of money – BoT governor
Digital tokens untethered to central banks are not the future of money, claims Sethaput
RBNZ says funding dispute triggered Orr’s resignation
Bank says ex-governor felt five-year financing package was “considerably” below what was necessary
ECB to move to ‘hybrid’ balance sheet model – Finland’s Välimäki
Bank of Finland board member heralds “new dawn” of Eurosystem monetary policy implementation