Communication
The IFF China Report 2019: Financial deepening, fintech development and green financing
The past 40 years have seen China transform from a recipient of global aid to a major economic centre in its own right. China is now seeking to deepen its markets, gradually open its borders to global financial flows, and promote new and innovative forms…
Fintech and the future – Improving financial literacy
Li Dongrong, president of the National Internet Finance Association of China and former deputy governor of the People’s Bank of China, explains how financial technology can aid sustainable growth, transform the structure of financial markets and promote…
New York Fed launches new regional website
New design offers more convenient access to data, events and locally-focused research
The IFF China Report 2019: The Belt and Road Initiative
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
Consensus over Fed inflation target shifted during Great Recession – San Fran Fed
Up until the 2008 crisis, most FOMC participants preferred a 1.5% target, researchers find
RBI’s Das questions convention of 25-basis point hikes
“Let me try and somewhat shock you,” says governor
The IFF China Report 2019: Redesigning the international trading and monetary system
Reform of the financial system that brought about the 2007–08 financial crisis has not gone far enough and advanced and emerging market economies must find a more co-operative way forward to ensure globalisation can continue.
The turmoil test for emerging and advanced economies
Greater integration between advanced and emerging market economies during globalisation has made both more susceptible to risk of spillover – financial contagion and volatility. As the US continues to normalise its monetary policy, deputy governor of…
Basel Committee seeks feedback on streamlined version of Basel III
Sprawling array of PDFs was getting difficult to handle, committee says
Walking the talk – engaging with indigenous communities
Engaging with disadvantaged communities is increasingly recognised as important by central banks
The IFF China Report 2019: New globalisation – The path to the future
Multilateral rules and multilateral bodies will need to be upgraded in the coming years to better represent the shift in economic gravity towards Asia, which has emerged as the largest contributor to global growth during the past decade.
Sveriges Riksbank uses website analytics to improve visitor experience
Visitors spend more time on and engage with more areas of website, Riksbank official tells Central Banking
NBU’s Smolii speaks out about political interference
Ukrainian governor says politically powerful people still blocking economic reform
Quarles defends decision to set countercyclical buffer at zero
But there may still be disagreement within the Fed’s ranks
PBoC denies reserve ratio rumour and seeks police investigation
PBoC denies widespread market rumour that it plans to cut the key reserve ratio starting from April 1
Communication still a challenge for the FPC – BoE’s Kashyap
“GDP at risk” could be a useful way of summarising risks for non-experts, FPC member says
Quarles: FSB to examine too-big-to-fail reforms
Organisation must improve transparency, says chairman Randal Quarles
PBoC improves policy communication
Central bank appears to address market concerns more frequently
ECB’s chief economist takes to Twitter
Praet expresses scepticism about dual mandate and rejects ‘modern monetary theory’
IMF staff praise Bank of Jamaica’s engagement campaign
Authorities must pass law to guarantee central bank’s operational independence, says staff report
BoE publishes revamped FPC communications
New approach follows the style of MPC announcements more closely
BIS book outlines macro-financial policy framework
“Integrated inflation targeting” would combine policies for maximum effect, authors say
Dallas Fed launches economics website
New site aims to cater for wide range of readers, officials say
RBNZ adopts new dual policy target
New Zealand’s central bank will now have maximum employment target alongside inflation goal