Communication
Lights. Camera. Reverse repo: Fed to be dramatised in TV series
Warner Brothers Television developing “The Fed” drama series for IMDb TV
Dallas Fed chief wants to talk about tapers
Comments may indicate split at Fed, though FOMC remains committed to asset purchases
The evolving ‘strategy function’ in central banks
Study shows central banks still struggle to fully utilise strategy units
Navigating the hazards of inequalities
Inequality poses a serious challenge for central bank communications, says Mike Hannah
BoE’s Bailey extols virtues of ‘meeting varied people’
Governor launches new initiative to gather diverse views from market contacts
Governors Nabiullina, Tabaković and Bezhoska on systemic risk and women in power
Russia, Serbia and North Macedonia governors discuss bank reforms, corruption and the Covid-19 crisis
Chief economist Haldane to leave BoE
Influential thinker on regulation and monetary policy leaves UK central bank to lead think-tank
Central banks take less than 50 minutes to fix critical outages
Time tolerances for critical system downtime range from one to 32 hours
People: Steven Maijoor moves to DNB
Bank of Slovenia vice-governor nominated; ECB media relations chief stepping down; and more
Central Banking Awards 2021: winners in full
Winners in 2021 include the Federal Reserve, Alejandro Díaz de León and Charles Goodhart
Central bank of the year: The Federal Reserve System
Overwhelming Fed interventions forestalled a damaging global financial crisis
Initiative of the year: Saudi Central Bank’s business continuity programme
Advanced planning allowed Sama employees and systems to continue operating critical functions despite Covid-19 lockdowns
Central Bank of Barbados’s first governor dies
Blackman helped to introduce dollar peg and pioneered transparency
Fed chair’s tone of voice impacts stock prices – NBER paper
Study uses deep learning to study variations in tone, finding stocks respond but not bonds
Central Banking Awards 2021: third round of winners revealed
Awards go to central banks and market practitioners for payments, market infrastructure and currency
Payments and market infrastructure development – retail: Central Bank of Hungary
Strict implementation rules and unique operational setup supported e-payments shift during pandemic
Central Banking Awards 2021: second group of winners announced
Lifetime achievement award unveiled, plus awards for transparency, advisory, global markets and more
Lifetime achievement: Charles Goodhart
LSE and BoE veteran has influenced central banking policy practices and frameworks all around the world
Website: Central Bank of the Philippines
BSP says its website’s mobile-friendly design and chatbot has boosted effectiveness of communication
Transparency: National Bank of Georgia
Georgia’s central bank has improved monetary policy, financial stability and consumer protection communications
Communications initiative: Bank of Portugal
Launch of two mobile apps marked the final steps to redesign digital communication channels
Governor of the year: Alejandro Díaz de León
Díaz de León has upheld the integrity and independence of Banxico against significant pressures
CBRT’s Ağbal says central bank must aim for ‘permanent price stability’
Governor’s blog post marks new form of communication by senior executives
The changing data landscape
Central Banking speaks to six policy-makers for their thoughts on the evolving data landscape and what central banks must do to adapt to a data-driven policy world.