Communication
ECB’s June hike ‘defensible’ but bank should be cautious – study
Uniform rate hikes are ‘bad, short-term oriented policy’, researcher says
Santa Purgaile on staying agile and adaptable in supervision
The Latvian deputy governor speaks about AML/CFT progress, fintech developments and how small markets can thrive
Switzerland and Norway hold, Czech Republic and Moldova hike
SNB says inflation uptick is temporary, while CNB and Norges Bank highlight wage pressures
Foreign central banks can soon repo Chinese bonds, PBoC says
Experts say move is likely to increase monetary authorities’ demand for Chinese debt
Fed holds rates in first meeting under Kevin Warsh
FOMC drops easing bias and forward guidance, as chair announces taskforces to improve Fed operations
Jim Bullard on Kevin Warsh’s first FOMC and Fed independence
The Federal Reserve veteran speaks with Christopher Jeffery about Iran and the US economy, the ‘good' AI bubble, cutting the Fed’s balance sheet and staff, and the need to clarify swap rules and recapitalise the regional Feds
RBA holds policy and says inflation is ‘too high’
Australian governor hawkish amid concerns of embedded inflation expectations
Zoltán Kurali on Hungary’s reserves strategy and euro adoption
Deputy governor speaks about portfolio positioning amidst geopolitical volatility, AI, CBDC and the future of the forint
Ueda’s hospitalisation may create challenges for BoJ comms
Observers say bank is still likely to hike, but signs of future policy path will be harder to read
Monetary policy is about robustness, not precision – panel
Uncertainty is no longer an exception but the norm, panellists tell Central Banking London Meetings
Oil price shock to weigh on growth in Guatemala – IMF
Institution adds that central bank’s current monetary policy stance is ‘appropriate’
‘Dark corners’ authors on setting policy under intense uncertainty
Douglas Laxton and Shalva Mkhatrishvili say policy-making should work to avoid the worst outcomes
Iceland could join euro even during a crisis – ECB’s Vujčić
BoE’s Mann also highlights pros and cons of country’s accession at currency conference
Indonesia amends law to expand BI’s growth focus
Rupiah hits new low as lawmakers are given greater oversight over central bank
Powell lauded for independence fight
Economists discuss former Fed chief’s performance on monetary policy and communications
MAS backs removing aliases from Singapore’s payments app
Central bank says change is to prevent scams, not increase traceability of payments
Behind the scenes of the Bundesbank’s capacity-building programme
A multi-year effort has helped shore up expertise at West Balkan central banks. Will African and former-CIS institutions be equally responsive to Eurosystem technical assistance?
Podcast: AI accountability in central banks
Transparency and explainability thresholds rise with risk and impact
IMF approves $1bn disbursement to Argentina
Board releases funds following agreement in April
Book notes: The art of monetary policy, by Kristin Forbes
The message that effective monetary policy-making requires judgement, flexibility and realism alongside technical expertise is both persuasive and highly relevant
The challenges facing Fed chair Kevin Warsh
New chair has pledged sweeping change, but can he keep Trump – and the FOMC – onside?
Bulgarian lessons from entering the eurozone
Sofia’s uneasy membership in the currency bloc, five months in
RBNZ rate setters ‘encouraged’ to share views under new charter
New Zealand central bank to publish attributed vote records after policy meetings
The Fed’s six-trillion-dollar balance sheet question
Kevin Warsh’s drive to shrink the US central bank’s ledger is unlikely to be a simple task