Central Banking
Researchers probe weakness in Italy’s core inflation
Labour and financial markets important influences on weaker inflation – Bank of Italy paper
Bank of Canada launches education website
Central bank widens efforts to educate Canadian students on finance
Central bank independence key to low and stable inflation – IMF
Domestic factors more important than global financial forces, researchers find
Eurozone fiscal rules have major pro-cyclical effects – DNB paper
Researchers say strengthening fiscal buffers may modify stability pact’s effects
Output gaps are significant cause of inflation – BIS paper
Researchers find evidence of flatter Phillips curve in advanced economies
Colombian central bank aims to build up foreign exchange reserves
Central bank prepares for potential reduction of IMF credit line
RBI holds policy rate steady despite growing imbalances
Rupee is under pressure and current account deficit widening, but inflation risks are still limited
Iran cuts forex restrictions as pressure on currency continues
Authorities say central bank will intervene to support rial
Esma head issues Brexit warning over UK CCPs
Maijoor calls for continued access for EU members
Fed aims for real-time interbank settlement of faster payments
Brainard points to “growing gap” in US transaction capabilities
Political instability main risk for Brazilian banks – central bank
Financial system has expanded credit without increasing risk, Central Bank of Brazil says
Bank of Uganda hikes rates for first time since 2015
Rising oil prices and exchange rate volatility prompt central bank action
Cyber security should become part of a firm’s culture – Irish deputy governor
Warnings must not get diluted as they pass up the chain, Sibley says
Draghi’s ‘whatever it takes’ cut bank risk-taking – BIS paper
Study examines Mexican markets to pick out effects of the ECB president’s intervention
What is the future of banknotes?
Antti Heinonen searches for clues on the future of banknotes at central banks worldwide
Fed could change capital rules for bigger banks – vice-chair Quarles
Deregulatory act had already softened regulations for banks with below $100 billion, up from $50 billion
Researchers explore impact of bank stress on the real economy
Large banks should be subject to more stringent requirements, authors say
Mersch issues warning to European payment providers
European firms must innovate or risk being competed out of instant payment sector
Powell downgrades Phillips curve importance
Unemployment forecasts are not too good to be true, Fed chairman argues
Liberia’s central bank says all ‘missing’ banknotes are accounted for
Internal investigation concludes banknotes ordered between 2016 and 2018 were delivered to vault
Zimbabwe banks ordered to ring-fence foreign currency accounts
Move appears to be a step towards de-dollarisation
Bail-in regimes lower costs of resolution for states – ECB paper
Researchers present structural model of bank re-capitalisation
Williams softens stance on neutral rate
“At times r-star has actually gotten too much attention”, says New York Fed president
Euroclear to offer US dollar settlement in central bank money
New settlement should reduce credit and operational risk on settlement banks