Independence
A dangerous moment for the Reserve Bank of India
RBI’s high-profile skirmishes with India’s populist government in 2018 threatened central bank’s mission
Cain withdraws candidacy for Fed governorship
Trump’s pick faced widespread opposition due to partisan views aligned with the White House
Politicians pressured Sarb to help allegedly corrupt figures – governor
South African central bank was told to give banking licence to Gupta family – Kganygago
The IFF China Report 2019: The Belt and Road Initiative
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
Bank of Israel slams critical report into supervision
So-called Tycoon Committee “ignores material facts” and reaches “mistaken conclusions”, says central bank
‘They could do nothing’: insights into political interference at the Fed
Interviews with former Fed chiefs reveal what it is like to be chair when politicians want their way
Austrian central bank gives strong warning on draft regulation law
Changes would harm balance and efficiency and increase influence of special interests – OeNB
Draghi expresses concern over Fed independence
ECB governor says he is “especially” worried by events in US
Maduro regime arrests two central bank workers
Officials detained after meeting with Venezuelan presidential challenger Juan Guaidó
Brazilian president unveils draft law to increase central bank independence
Draft law would give governor fixed term but nine similar measures have failed since 1991
Cain may not be able to pass US Senate hearings
Herman Cain likely to be rejected, but Stephen Moore’s chances still unclear
Yellen weighs in on Trump’s potential Fed nominations
Those “who come with a political view” may not get much traction at FOMC meetings, Yellen says
Trump urges Fed to restart quantitative easing
It would turn the economy into a “rocket ship”, the president says
IMF urges Morocco to pass new central bank law
The fund stresses importance of strengthening independence and role in financial stability
NBU’s Smolii speaks out about political interference
Ukrainian governor says politically powerful people still blocking economic reform
Argentina’s push for central bank independence faces hurdles
Government sent bill to parliament to prohibit monetary financing but political support is elusive
IMF demands Ecuador end monetary financing
Central bank will need to cover liabilities vis-à-vis banks with international reserves
Italian deputy governor to step down after clashes with government
Leading government ministers have called for large-scale change in Bank of Italy’s leadership
BoE’s independence ‘significantly overstated’ – Sharp
Outgoing FPC member says financial stability independence needs to be protected
Brazil’s Campos Neto calls for independent central bank
President Jair Bolsonaro promised formal central bank independence during 2018 campaign
PBoC independence would help China’s exchange rate goals – IMF paper
Researcher recommends four China-specific policies to support greater exchange rate flexibility
South Africa to press ahead with Sarb nationalisation
Governor Kganyago warned in July 2018 nationalisation would be a long and expensive process
South African governor questions ruling party’s pledge to broaden mandate
ANC’s election manifesto called for monetary policy to target employment creation and growth
Spain creates macro-prudential committee
New body will be chaired by economy minister, with central bank governor as deputy