Central Banking
BSP remains cautious about stablecoins as proposals roll in
Deputy governor says most submissions are for dollar-backed assets focused on retail use
Cash is the tender of last resort – panel
Officials at Central Banking Autumn Meetings discuss risks of long-term outages in era of digital payments
Central banks are needed to make instant payments work, says panel
Legal and payment experts tell Autumn Meetings that private sector cannot achieve this on its own
Private liquidity insurance improves stability – BIS study
Yet prospect of central bank interventions can crowd out market, authors say
Lagarde says talk of AI bubble misses ‘bigger picture’
ECB president, a former AI sceptic, now believes not embracing it could ‘jeopardise Europe’s future’
People: Saudi governor elected to BIS board
Plus senior appointments in Asia, the Middle East and Europe
BoT seeks more oversight of gold trade to prevent baht volatility
Vitai says bank is working to boost supervision of institutions and dealers involved in precious metal
Bank of Russia starts selling gold locally
Move is not a sign of budget crisis, experts say
South Africa cuts by 25bp, citing lower prices ahead
Sarb brings policy rate to 6.75% in first decision since government lowered inflation target
Reserve managers’ environmental plans choked by dearth of data – panel
Central Banking Autumn Meetings hear blended finance is growing green bonds in emerging economies
Central banks must respond to challenges of digital innovation – panel
Central Banking Autumn Meetings panel looks at how stablecoins, CBDCs and AI are shaping decision-making
BIS paper explores how central bankers’ lives shape policy
Officials who have experienced high inflation tend to be more hawkish, researcher finds
BoJ governor reaffirms preference for rate hikes
Ueda says policy normalisation should continue amid near-zero output gap and tight labour conditions
Financial stability depends on central bank co-operation – ECCB deputy
Valda Henry tells Autumn Meetings that collaboration is vital for small islands’ survival
Reserve managers in Americas aim to be ‘more daring’
Central Banking Autumn Meetings: managers look to diversify assets, jurisdictions, currencies and counterparties
ECB moves to link Tips with India’s UPI and Nexus
Connection with Nexus still hinges on ECB exploring potential ‘feasibility’
Experts see Japan’s PM having limited impact on BoJ independence
Takaichi’s hints on policy direction have precedent in Abenomics, former bank officials say
€25K handouts would not affect labour market – ECB paper
Stimulus packages are effective in raising consumption, researchers argue
Indonesia holds rates, with analysts expecting December cut
Central bank says decision will maintain stability of rupiah and strengthen policy transmission
De-dollarisation is neither myth nor the whole story – panel
Reserve managers tell Autumn Meetings they are unconvinced by stablecoins
Curaçaoan governor highlights AI, climate and cyber risks
Richard Doornbosch says Caribbean’s small, open economies faced heightened threats
No excuse for ex-Fed governor’s rules violations, say experts
Kugler found to have made stock trades during FOMC blackout period
Namibia governor to step down one year ahead of schedule
Johannes !Gawaxab, chief of central bank since 2020, will depart on December 31
Dollar remains king for now, says Tombini
BIS Americas chief tells Central Banking Autumn Meetings of lessons from events of past year