Articles by Central Banking Newsdesk
Bank of England cuts policy rate to 4.75%
Policy committee votes by 8–1 to reduce bank rate by 25bp
Brazil maintains tightening stance with 50bp hike
Policy committee cites strength of economy and external uncertainty as reasons for unanimous decision
CBDCs may need to replace stablecoins – Treasury committee
US advisory body calls for creation of unified ledgers under central bank auspices
BdF deputy governor softens digital euro regulatory stance
Beau says central bank money is safer, more liquid and less volatile than stablecoins
Rate uncertainty means firms hire and invest less – BdF study
European companies hoard cash and reduce dividend payments when monetary stance is unclear
BdF and MAS complete test on post-quantum cryptography
Technology used to secure emails can be adapted for payments, authorities say
ECB study highlights firms’ exposure to property downturn
Analysis examines risks to various classes of investor from exposure to commercial real estate
Bofit study projects continued slowdown in China
Group’s latest forecast says economy needs to be rebalanced in favour of consumption
BIS paper explores how AI can predict asset demand
Better data availability and modelling techniques help central banks evaluate market reaction to QE
Reserve Bank of Australia holds policy rate again
Central bank says underlying inflation remains “too high”
BCRA show sounds death knell for notes, hails birth of crypto
Governor opens show on AI and decentralised monetary and financial systems
No systemic link between dollar and oil price yet – ECB paper
Increasing value of crude no longer weakens greenback, but does not “significantly” lift currency
State Bank of Pakistan cuts rates by 250bp
Fourth consecutive reduction comes one month after IMF begins disbursing $7 billion funding package
Inflation in Turkey drops in October
However, pace of disinflation remains slow
Lebanese central bank increases withdrawal allowances for month
Equivalent of two monthly payments allowed in view of Israeli attacks
Exact inflation at 2% not ‘realistic, nor necessary’ – BdF governor
Villeroy de Galhau says central banks should advocate for structural policies
BIS to hand over Project mBridge to central banks
CBDC platform does not help Brics countries evade sanctions, says Agustín Carstens
MAS launches new fintech network
Global Finance and Technology Network to hold forums, offer advisory services and invest in start-ups
US public disagrees about Fed’s political leanings
Republicans think Fed favours Democrats, and vice versa
IMF tracks sharp rise in deposit accounts in emerging economies
Latest survey highlights inclusion trends in bank accounts, card usage and digital services
Vix spike in August not driven by actual volatility – BIS
Latest bulletin explains how widening bid-ask spreads drove up the index
Savings dampen monetary policy effectiveness – Fed paper
Central banks should track excess saving at a high frequency, authors recommend
Policy tightening reduces labour productivity and presence – paper
Lower participation and labour supply have inflationary effects, Bank of Canada authors find
SNB to launch new banknote series
Bank to “pay homage to the country’s unique topography” on new bills