Articles by Ben Margulies
US inflation reaches new peak
CPI figure hits 6.8%, the highest rate in nearly four decades
The matter of minutes: Why open up private deliberations?
Many central banks publish records of MPC meetings, but far fewer publish vote tallies. Where should public scrutiny stop?
Peruvian central bank orders fifth consecutive rate hike
Board says it may not implement further hikes and above-target inflation is “transitory”
Omarova ends bid for OCC job
Biden nominee faced Republican charges of radicalism and alienated some Democrats
Namibia president appoints governor to full term
Leoni Dunn will become first woman to serve as deputy governor
BIS calls for systemic approach to non-banks
“It is essential to reduce the need for emergency central bank support,” says report
Brazil’s largest state considers suspending Pix payments
São Paulo legislature examining payments system shutdown as an anti-crime measure
Powell: FOMC may accelerate taper
Fed will no longer refer to inflation as “transitory”
Kyrgyzstan raises rates again after lull
Central bank orders 50bp hike amid double-digit inflation
Biden re-nominates Powell as Fed chair
Lael Brainard nominated as vice-chair, to take over from Richard Clarida
Iceland hikes policy rate again
Central bank orders 50 basis-point rise amid inflationary pressures
Jamaica ups policy rate by 50 basis points
Central bank “reduces monetary accommodation” as island faces high inflation
Peru central bank raises rates again
Fourth hike since August “does not necessarily imply a cycle of successive increases”
Uruguayan central bank orders third consecutive rate hike
Central bank expresses concern over salary rises and regional uncertainty
US records highest CPI inflation rise since 1990
NY Fed detects slight rise in short-term consumer inflation expectations as real wages fall
Romania continues monetary tightening
Central bank lifts interest rates by 25 basis points as inflation continues to bite
Argentine central bank freezes banks’ FX purchases
BCRA order comes amid a falling peso, IMF talks and mid-term elections
Global CBDC network could save multinationals nearly $100bn
Payments system could eliminate delays and need for multiple correspondent banks
Poland raises policy rate by 75 basis points
National Bank cites high inflation, which it expects to linger through 2022
Fed pulls trigger on taper
Fed begins phasing out QE at initial rate of $15 billion per month
US regulators call for new stablecoin regulations
Working group wants issuers to be insured and regulated like banks
North Korea issues coupons instead of cash
Experts say closing of Chinese border due to Covid-19 may have halted banknote production
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?