Central Banking
Lebanese central bank strike ‘shut down local banks’
Staff consider further strike action over rumoured salary cuts as government faces fiscal crisis
Equities boost Norway’s SWF in Q1 2019
Overall portfolio returns 9.1%, while equity investments yield 12.2%
Burundi central bank updates banknotes
New notes will be higher quality and harder to counterfeit, central bank says
Central Banking to co-operate on research with Chinese universities
MoUs with departments of Renmin and Zhejiang universities envisage co-operation on fintech events and research
China cuts reserve requirements for small banks
PBoC cuts RRR for local banks; premier Li Keqiang had urged policy-makers to reduce funding costs for small businesses
EBA board rejects finding that Estonian and Danish authorities breached law
Senior European official says money laundering scandal will not be ‘swept under carpet’
IBM wins contract to support Canadian RTGS overhaul
Canada is preparing to replace its unusual high-value payment system with a new generation
Bank of Italy paper presents new financial stress indicator
New model identifies financial stresses missed by others, authors say
Moore quits Fed nomination process
Growing pressure from Republican senators slashed his odds of being confirmed
Eswatini central bank denies allegations of holding ‘Gaddafi millions’
Central bank denies claims that it holds money passed on by former South African president Zuma
US macroeconomic data backs up Fed’s ‘patient’ approach
Lower core inflation is expected to only be temporary, Powell says
Central bank gold buying hits new high
Official reserve managers bought 145.5 tonnes last quarter, a 68% increase from Q1 2018
Carstens says EMEs are right to intervene but must be ‘rigorous’
BIS is “expending a great deal of analytical effort” in understanding the issue, he says
Zambia deputy governor emphasises importance of female financial inclusion
Survey data reveals extent of gender disparity in market
Italian cabinet approves central bank appointments after delay
Move comes after strong criticisms of the Bank of Italy by leaders of governing parties
Central banks complete first blockchain currency swap
Monetary Authority of Singapore and Bank of Canada link experimental local payment networks
Tone of PBoC moves markets, says Bank of Finland paper
Markets are effectively using PBoC speeches as ‘monetary policy instrument’, says researcher
BoE says Brexit is creating economy of two halves
Policy-makers strike hawkish note, but Carney says households and businesses are divided
Monetary policy strongly influences income inequality – DNB paper
Central banks should not overlook income distribution effects, researchers say
Fed makes ‘technical adjustment’ to monetary policy
The move does not signal a change in policy stance, Powell says
Bank profitability is associated with lower systemic risk – IMF paper
Over-reliance on non-interest income can increase institutional and systemic risk, researchers find
PBoC to issue new banknotes with enhanced security features
New Chinese banknotes will use optically variable magnetic ink
Former UK civil servant nominated to lead Irish central bank
Senior civil servant with experience in New Zealand and UK nominated for top central bank role
RBNZ paper stresses need to understand global shocks
Analysing global shocks ‘increasingly important’ for central banks, says article