Balance sheet
Reserve managers say gold is politically toxic to manage
Treasuries still used as preferred hedge despite increasing diversification away from dollars
The Fed shares trading scandals, five years on
Could revised rules serve as template for other central banks?
BoJ says 2% inflation target has been met as it holds policy
Pause comes as central bank speeds up timeframe for ETF selloff from 112 years to 43
Rethinking capital-flow resilience in an age of recurring shocks
Amro’s Yasuto Watanabe and Takuya Yoshioka argue that policy-makers need a range of credible monitoring and policy tools to address the next waves of major shocks
AI borrowing boom poses stability risks – BIS bulletin
Sustained bond issuance by tech firms could exert pressure on broader long-term yields, study says
Fed holds rates as Warsh cuts number of meetings
Cook and Hammack push for 25bp hike as chair announces strategy-focused meetings with no policy decisions
Ugandan finance minister calls for calm as shilling slides
Government official urges households to prioritise essential expenditure after currency hits historic low
The risks and returns of ever-expanding swap and repo lines
Increase in central bank swap agreements and repo facilities should help to counter future liquidity squeezes. But the proliferation is fraught with political risk
European Stability Mechanism borrows €1bn on Pontes
Bundesbank performed its first transaction as paying agent on DLT platform
Former Richmond Fed chief to oppose discount window reform
Counting unused capacity towards prudential requirements would be ‘unwise’, Lacker will argue
BoE probes Barclays’ handling of private credit loans
FT report says PRA investigating misallocation of derivatives following internal complaint
Fed finds larger-than-expected bank exposure to private credit
Researchers add sector to national accounts for first time
Atomic settlement: a solution to cross-border payment woes?
Experts say simultaneous settlement has the potential to improve cross-border frictions – so why are central banks lukewarm?
Imminent US shake-up of LCR slated to include discount window
Adding Fed liquidity facility to bank regulation may help overcome stigma, raise lending capacity
Overnight rates hitting MRO no sign of failure, says Välimäki
Bank of Finland board member outlines preferred view of new ECB structural operations
Claudio Borio calls for revised monetary frameworks
Former BIS economist says central banks should tolerate mild deflation and aim for ‘nimbleness’
Mexico’s monetary policy should remain tight, IMF says
Banxico should strengthen comms and limit government bond purchases to short end of curve, fund adds
Canada fights stigma over standing liquidity facility
Deputy governor outlines new plans for repo operations and central clearing
Supervisors must co-operate internationally – Elderson
ECB board member warns emerging risks to stability demand joint response from regulators
Stress-testing Brazil’s credit co-operative safety net
Rapid growth in credit co-operatives has made a public test of FGCoop’s liquidity, replenishment and resolution capacity necessary, argues Gustavo Pessoa
Pakistan to offer cash prizes to boost remittance flows
Eligible beneficiaries of remittances will be entered into lottery-style draw