Subject: Weekly round-up of Financial Stability articles

FINANCIAL STABILITY WEEKLY
TOP STORY
FMI
PMA launches instant payments amid Gaza cash shortage
Instant payments rolled out as most banks in Gaza have suffered “partial or total destruction”
15 May 2024   |  News
Financial Stability
IMF reaches staff-level agreement with Argentina on EFF
The fund could release a tranche of nearly $800m upon board approval
15 May 2024   |  News
Financial Stability
Geopolitical events create tougher financing conditions, ECB finds
Systemic crises are unlikely unless a significant shock occurs
15 May 2024   |  News
Financial Stability
Fed paper looks at US opioids crisis
Banks are causing credit contraction in worst-affected communities, researchers say
14 May 2024   |  News
Economics
QE helped smooth sovereign bond yields, ECB paper finds
Eurosystem’s asset purchases helped reduce effect of “auction cycle”, researcher says
14 May 2024   |  Research
Financial Stability
Nigerian president orders central bank to suspend levy
“Cyber security levy” would have charged 0.5% of most electronic transactions
13 May 2024   |  News
Financial Stability
Research queries monetary policy ability to curb financial crises
“Leaning against the wind” is unlikely to work, New York Fed paper argues
13 May 2024   |  Research
Financial Stability
China to start selling ultra-long term sovereign bonds
Authorities will start selling 30-year bonds as first stage of major fiscal stimulus
13 May 2024   |  News
Financial Stability
IMF says Jordanian economy likely to stay stable
Fund staff forecast inflation will remain low and growth continue despite nearby conflict
10 May 2024   |  News
Financial Stability
HKMA publishes sustainable finance taxonomy
Hong Kong extends scope of green bond subsidy and develops climate risk assessment tool
10 May 2024   |  News

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