Central Banks
Eurozone food inflation to ease in 2026 – ECB bulletin
Sticky prices have moderated in recent months and should decline further in 2026, economists say
State Bank of Vietnam lowers credit growth target
Central bank says lenders should ‘strictly control’ loans to risky sectors
CBDCs versus instant payments
Are technological and ecosystem advances using CBDCs and instant payments complementary or substitutes?
Banxico signals slowdown to rate cuts as inflation falls
Latest figures show non-core metric lies within Mexican central bank’s acceptable band
Peru holds rate for fourth time in a row
Strong currency, stable inflation and healthy growth allow central bank to keep things as they are
Just under half of risk departments are sufficiently staffed
Units with satisfied staffing levels earn below global average annual salary
Book notes: The London Consensus, by Tim Besley, Irene Bucelli and Andrés Velasco
The authors set out guidelines to address shortcomings linked to the Washington consensus, but implementation will be a challenge
SNB hesitant to go negative as 0% policy is still ‘expansionary’
Concerns over AI bubble and 0% inflation did not spur governing board to go below zero, minutes show
RBA deputy says events in Venezuela point to age of extremes
Hauser says 2026 likely to be marked by high uncertainty and potentially benign outcomes
Private credit to play bigger role in AI boom – BIS study
Hidden leverage may dispel notion that sector poses only moderate stability risks, authors say
Villeroy de Galhau warns of ‘Americanisation’ of money
Tokenisation and geopolitics are new disruptive forces, BdF governor says
Venezuela: a crude awakening?
Capture of Maduro opens new chapter for troubled economy and its central bank
Argentina secures $3bn repo ahead of bond repayment
Six unnamed international banks provide BCRA with reserves boost
‘Green’ banks face lower repo rates – ECB study
Researchers say climate transition risk has implications for financial stability and policy transmission
Mitigation and reporting are leading components of risk strategy
Decentralised teams more likely to embed philosophy in divisional decision-making
Brazil’s central bank clashes with auditor over bank closure
Watchdog demands evidence for BCB’s decision to liquidate Banco Master amid fraud allegations
People: New governor in Malta
Plus: Bahamian governor reappointed and new vice-governor in Bosnia
Richmond Fed president leaves policy path open in 2026
Barkin says consumer sentiment is still negative, despite US economy’s resilience
Baltics announce nominees for de Guindos’s position at ECB
Estonia proposes central bank governor, while Lithuania nominates finance minister
Most centralised risk teams prioritise cyber security
Decentralised teams primarily cover credit and counterparty, op and market risks
Broader view of debt sustainability is needed – NBER paper
Government debt is not necessarily at historical highs, authors say