Credit conditions
BoE tightens policy after inflation surprise
Hot February inflation figure prompted policy-makers to continue tightening
Fed raises rates 25bp and signals possible halt soon
Credit tightening may substitute for further rate hikes, Powell says
Georgieva backs flexible credit line for Morocco
IMF executive board to consider request for $5 billion facility
Israel political crisis sparks fears for economy
Bank of Israel governor reportedly convened financial stability committee last week
Non-banks tend to cut lending during crises – BIS paper
Evidence from syndicated lending suggests growth of non-banks could exacerbate crises
CBRT steps in with support for earthquake-stricken regions
Turkish central bank eases payment costs and credit conditions as rescue work continues
Credit constraints have small impact on housing market – paper
RBA economist revisits the effects of down payments on housing prices
‘Funding for lending’ may suffer side effects – BIS committee
Survey finds lending schemes tend to be effective, but firms may become dependent
China set to ease borrowing limits for ‘high-quality’ developers
New measure is part of a 21-point plan to support the reeling property sector
Paper explores development and monetary policy transmission
Financial development only improves transmission to some rates, Colombian researchers find
Some CCPs struggle in BoE stress test
First CCP stress test finds firms come close to depleting their buffers in baseline scenario
PBoC injects $15 billion into policy banks
This is the first time the PBoC has used the lending tool in more than two years
Philippine central bank raises capital requirements for rural banks
Rural banks’ association says the measure could hurt banks in low-income areas
Chinese authorities announce $44 billion stimulus package
Authorities increase funds to power companies and farmers as country suffers from multiple crises
PBoC urges big state banks to increase lending
Yi Gang summons bankers as PBoC says economy faces “critical moment’
Zimbabwe officials considering currency board
MPC member says arrangement would require $700 million in reserves
PBoC aims to raise $150 billion for property bailouts, reports say
Chinese central bank wants state-owned lenders to leverage cheap loans to fund developers
Nepal hikes rates and constricts credit
Himalayan country confronts rising inflation and strained reserves
Papua New Guinea raises rates for first time since 2011
Rising inflation prompts first move in more than two years
Nagel lays out conditions for ECB anti-fragmentation instrument
Bundesbank president says it should be temporary and only used in “exceptional circumstances”
Gender equality is key to sustainable development
Bank of Zambia’s Rekha Mhango sets out central bank’s strategy on financial inclusion
RBNZ’s Orr says ‘Te Ao Māori strategy’ is boosting inclusion
Governor says RBNZ was “late” in tackling issues faced by Māori, but is now making progress
US inflation expectations inch higher
New York Fed survey finds rise in expectations at one-year horizon, but not at longer term
Peru halves IMF credit line
Authorities say plan to phase out flexible credit line is mark of “very strong fundamentals”