Data
Few central banks report recruitment difficulties
Central banks from emerging market countries more likely to say they face problems finding staff
Long-term unemployment can affect inflation – BoE paper
Non-linear Phillips curve helps explain finding that breaks with previous literature
Advanced economy central banks more likely to make profits
Majority of central banks report profits in most of last five years
Eurozone headline inflation drops sharply
But core figure remains high as service price rises persist
Central banks differ on profit-sharing agreements
Advanced economy central banks more likely to have formal agreements on profit distribution
Most central banks satisfied with policy autonomy
EME central banks say they are more likely to face pressure over monetary policy
Some internal policies differ by country income
Central banks likely to have ethics codes and whistleblower policies regardless of national income
Most central banks disclose governors’ salaries
Governors’ salaries show moderate correlation with countries’ per capita GDP
Boards’ make-up differs across jurisdictions
Emerging market economy boards more likely to include government officials and ministers
Countries vary on governor appointment powers
Poorer countries more likely to combine powers, while richer ones split responsibilities
MAS set to build digital platform to tackle financial crimes
Central bank will develop an information-sharing platform with six leading banks
Central banks’ roles differ by national wealth
Few central banks have task of overseeing sovereign wealth funds
Most governments can change mandates without consulting central banks
Most jurisdictions’ central bank laws either limit or forbid monetary financing
Central banks differ over board term limits
Nearly half of responding central banks impose no term limits on board members
Central Banking Awards 2023: third group of winners announced
Awards include economic research, payments reform and risk management services
EME governors more likely to leave role early
Emerging market economy countries also less likely to limit number of terms governors can serve
Pandemic purchases averted ‘destabilising loop’, BIS finds
Central banks tended to use different tactics in advanced and emerging economies, report says
Central database is ‘cornerstone’ of open banking
Cyber security and financial literacy are key obstacles to data-sharing, experts say
Fintech Benchmarks 2023 report – the future of money
Most central banks continue work on CBDC, few jurisdictions have banned crypto. Payments innovation once again tops the research agenda
Central bank websites: how to keep track and make them better
Central banks share their experiences in gauging website performance
EME fintech teams have wider mandates
Few chief fintech officers recruited by central banks
Regulating fintech is biggest tech challenge, central banks say
Benefits include financial inclusion, cost reduction and service efficiency
Central banks split on machine learning, AI technologies
Respondents optimise features despite drags in data quality, skills gap and algorithmic challenges
Location, security and privacy are top cloud concerns
Richer economies more likely to domesticate and operate hybrid servers