Governance
Indian government reappoints Das as governor
Das gets new three-year term, as economy rebounds from Covid shock
People: IMF deputy managing director to leave
Mitsuhiro Furusawa to depart IMF; Brazil and Costa Rica to appoint board members; and more
Senators introduce Fed ethics law
Democrats’ proposals would put board’s ethics rules on statutory footing and impose fines
People: BoE and Sama governors appointed to chair FSB committees
IMF’s Georgieva nominates new CIO; former El Salvador governor dies
Is Powell still on track for second term?
Despite scandals and vocal criticism, support still looks likely to outweigh opposition
Central bank communications ‘after’ Covid
From crisis responses to coping with sudden digitisation, Covid-19 forced central bank comms teams to innovate fast. How much of it will stick?
Bank of Mexico creates environmental and social risk department
Central bank’s attitude to environmental risk might put it at odds with government, says commentator
Investment committees play dual reserve benchmark roles
Final decision made by committees at half of responding central banks
Chilean president grants Marcel new term as governor
Central bank leader faces continued challenges from pandemic and rapid political change
Podcast: Paul Fisher on the future of balance sheet policy
Central banks must think about the composition of their balance sheets, the former BoE official says
Fed announces strict new trading rules for senior officials
Regulations would ban individual investments, increase disclosure and restrict transactions
Fed ethics officials warned against trades
March 2020 advice cautioned against stock transactions in following months
Turkish central bank cuts rates again as currency falls
Lira hits new low days after president dismissed senior officials
Weidmann to step down as Bundesbank president
After over 10 years leading the German central bank, Weidmann will leave for “personal reasons”
Iranian court sentences former governor to 10 years in prison
Valiollah Seif convicted of currency offences, but reportedly remains free pending appeal
James Bullard on Fed policy, action and governance
St Louis president calls for tapering amid “exceptional” job market and risk of “more persistent” inflation, quantifies ‘big tent language’ for pioneering AIT move, and details Congress’s role in Fed ethics oversight
Fed joins Network for Indigenous Inclusion
Australian, Canadian and NZ central banks established group earlier this year
Turkish president fires deputy governors
Move appears to be Erdoğan’s latest bid to impose low interest rates despite rising inflation
Georgieva promises to learn lessons from ‘Doing Business’ controversy
IMF chief says she will have “candid discussion” with staff after accusations of improper conduct
Quarles term as Fed vice-chair ends without replacement
Fed supervision committee will continue without a chair, acting on consensus basis
ECB calls for changes to draft Austrian central bank law
Mechanism for paying productivity council’s head would be monetary financing, ECB says
FCA staff seek union help following pay cut proposals
Unite union considers seeking statutory approval to represent staff at the UK regulator
Georgieva keeps job as Yellen promises further scrutiny
Evidence did not “conclusively demonstrate” the IMF chief played an “improper role”
Cubero calls for expanded IMF role
Costa Rica governor endorses Resilience and Stability Trust proposal