Housing markets
BoE to conduct ‘desk-based stress test’ for 2024
Financial policy committee warns of some risks in UK corporate and household finance
Iceland holds rates for first time in over two years
Inflation is rising, but MPC holds until new forecast comes in
Chinese developer says regulators’ conditions prevent new debt issue
Pressure grows on Evergrande to restructure estimated $328 billion debt amid property sector crisis
Canadian official says mortgage rates not big cause of inflation
Kozicki says taking home loans out would make only small dent in core reading
Chinese police detain financial firm’s staff
Move came after property giant Evergrande’s financial arm missed payments for investment products
PBoC cuts reserve requirement ratio but holds policy rate
Data shows some improvement in demand but continuing property sector problems
Helder Lopes becomes Timor-Leste central bank governor
Country faces bank lending challenges due to limited land registry
Israel holds rate, but signals more hikes still possible
Yaron denies report he will not seek new term
China to ease mortgage rules and cut banks’ FX reserve ratio
Moves come on top of authorities’ recent support measures for property sector and stock market
Financial Stability Benchmarks 2023 report – how central banks confront risk
Central banks discuss resources, regulating banks and non-banks, macro-pru, crime and future risk
China rolls out more support for property sector and stock market
Authorities cut stamp duty on stock trades for first time since 2008 and relax home-buying rules
China’s new lending slumps to lowest since 2009
Analysts believe PBoC has limited room to cut interest rates amid current yuan weakness
US CPI inflation rises slightly
Rising shelter prices cause more than 90% of increase, but SF Fed predicts they will fall
Shelter inflation set to fall significantly – SF Fed research
“Conservative” model predicts shelter inflation will be 0% in the US by summer 2024
Canada opposition leader repeats promise to fire governor
Poilievre accuses government of interfering in central bank
PBoC extends relief measures for struggling developers
Developers are allowed loan repayment extensions by another full year
Researchers examine Covid-19’s impact on eurozone lending
Pandemic changed banks’ lending but did not lead to widespread cut in collateral values, paper finds
IMF economist takes on vexed question of macro-pru calibration
Housing markets are “at a turning point”, says Laura Valderrama, and policy faces tough trade-offs
Wuhan’s finance regulator asks hundreds of firms to repay debts
Call for repayment underscores debt troubles in Chinese regional governments amid wider slowdown
US household debt passes $17 trillion
Mortgage originations fall to lowest level since 2014
Vietnam cuts rates after PM demands real estate action
SBV cuts rates as property developers face growing debt problems
Dallas Fed warns of global housing ‘slide’
US and German markets are out of touch with fundamentals, authors say
Australian treasurer welcomes chance to ‘refresh’ RBA board
Chalmers does not recommit to extending Philip Lowe’s term as governor
Israel continues tightening as inflation persists
Foreign minister attacks hike, forcing PM and finance minister to defend autonomy