Independence
Governance Benchmarks 2024 report – central banks’ core processes
The benchmarks shed light on central bank profitability and distributions, independence and more
Polish MPs move to bring Glapiński before tribunal
Government continues efforts to oust NBP governor despite major legal hurdles
South Africa reappoints Kganyago and top executives
Mampho Modise to replace Kuben Naidoo as central bank’s deputy governor
ECB warns Hungarian law could harm central bank’s independence
Bid to expand executive board powers comes amid growing rift between governor and prime minister
IMF builds new measure of central bank independence
First “entirely new” metric in 30 years seeks to overcome limitations of much-cited paper
Turkish president appoints ‘hawk’ as governor
Former NY Fed official Karahan has been strong supporter of monetary tightening, observers say
Governance and diversity at the Federal Reserve
Could changes in governance practices have contributed to poor performance in 2021–22? asks Jeffrey Lacker
Turkish central bank raises rates but hints tightening is over
Governor denies accusations against her family as inflation continues to rise
Bank of Thailand rejects prime minister’s rate cut call
Assistant governor says cutting rates cannot provide a quick fix to economic problems
Philippine president removes Diokno as finance minister
Marcos gives former governor a place on central bank monetary board after rice subsidy clash
Polish court blocks state from investigating governor
Prime minister has vowed to remove Glapiński from office, alleging unconstitutional behaviour
Thai prime minister clashes with central bank governor over policy
PM calls for lower rates amid negative inflation while governor criticises government’s handout plans
Philippines could cut rates by 100bp this year, says minister
Benjamin Diokno’s comments contrast with governor’s December assessment of future inflation
Finance ministry rep: a guest, a partner or an intruder?
Many central banks let government officials participate in policy meetings. Is that wise?
Ghana’s Ernest Addison on the chain of events that led to a loss of $5 billion
The Bank of Ghana governor speaks with Christopher Jeffery about what necessitated monetary financing, the boundaries of ‘independence’ and the results of offline tests of the e-cedi
Sooner or later, Argentina should dollarise
Dollarisation would be straitjacket, says Steve Kamin, but still looks preferable to the other options
IMF: Argentina needs ‘a strong and credible central bank’
Central bank caps banks’ FX holdings ahead of Milei inauguration on December 10
Polish governor appeals to ECB for support against removal
Lagarde says “not lawful” impeachment could harm central bank independence
Policy-making amid war in Gaza
Bank of Israel has implemented a textbook crisis response, but uncertainty remains
RBNZ’s Orr backs use of indigenous language
Governor defends services in Māori as new government vows to cut use of indigenous language
Karnit Flug on the Bank of Israel’s emergency responses and challenges ahead
The former Israeli central bank governor and current vice-president of the Israel Democracy Institute speaks with Christopher Jeffery about the BoI’s targeted emergency responses, economic uncertainties and central banking independence