Communication
Lane stresses broad consensus on ECB policy
Comments come after criticism from German and Dutch central bank governors
PRA’s Mills on future fintech challenges for supervision
The PRA's chief operating officer Clair Mills discusses tensions caused by disruptive innovation, major uses of AI, the role of big tech and the future of supervision
Households respond more forcefully to rate cuts than QE – Dallas Fed
Fed should improve communications for QE and forward guidance, researchers say
Communication has to be two-way – ECB’s de Guindos
Communicating with markets influences behaviour, affecting signals received in return, says vice-president; ECB has created new survey of consumer expectations
Overcoming deflation: Japan’s experience and challenges ahead
Bank of Japan governor Haruhiko Kuroda explains how Japan’s long battle against deflation may offer insights for the future conduct of monetary policy at other central banks
Trump says Powell ‘let us down’
US president calls for looser policy and criticises Fed as Powell gives no clues on future path
BoE to demand transparency on bank resolution plans
Central bank finalises framework for resolvability assessment
RBI looks to build domestic trust and global clout with new strategy
Central bank seeks return to stability after problems in non-bank sector and political pressure
New York Fed forced to clarify Williams’ speech
Spokeswoman steps in after Williams appears to hint at more aggressive policy cut
IMF supports Cabo Verde’s reforms with new programme
IMF supports monetary policy reform and says the central bank must improve supervision and comms
Alan Turing to appear on new £50 note
Celebrated codebreaker and computer scientist chosen from a field of nearly 1,000 scientists
BoE’s education programme taking off in UK schools, Broadbent says
More than a third of UK secondary schools have signed up to BoE’s education programme
Riksbank cuts number of monetary policy meetings
Swedish central bank aims to optimise research and forecasting resources
RBNZ launches strategy to become ‘best central bank’
Statement of intent for 2019–22 includes an update to RTGS system, and a “future of cash” plan
Central banks cannot fight a populist Tweet storm – panel
Populist leaders such as Donald Trump comfortably outgun central banks on social media; total approach to communications needed
RBNZ to promote internal use of Māori language
Agreement is part of wider efforts in New Zealand to revitalise language
National Bank of Romania resists the populists – for now
Veteran governor Mugur Isărescu has run a largely successful campaign to defend the central bank’s independence during a turbulent year
Romania’s Mugur Isarescu on independence in a ‘post-truth’ world
National Bank of Romania veteran governor speaks to Christopher Jeffery about the country’s shift to a market economy, challenges in the eurozone and independence in a ‘post-truth’ world
Bank of Jamaica expands global audience with latest reggae hit
Comms director says global success is pleasing but reaching local people is the ultimate goal
Smolii says central banks can learn from private sector communications
Central banks need a two-way dialogue with their “clients”, governor says; transparency has helped fight “downpour of fake news”
IMF paper urges central banks to seek wider audience
Central banks could do more to broaden their message, senior official says; financial stability communications still challenging
BoE seeks to make financial stability more transparent – Brazier
Policy-makers look to improve communications and design tests more systematically
Book notes: The third pillar, by Raghuram Rajan
Rajan sets out an ambitious – but deliberately non-radical – manifesto for reform at the local level
Zhou on four key decisions that forged the modern-day PBoC
Former People’s Bank of China governor Zhou Xiaochuan shares his perspectives about four critical moments in China’s economic reform agenda