Articles by Central Banking Newsdesk
BoJ deputy says Abe's third arrow must hit target
Hiroshi Nakaso outlines the importance of supply-side reforms in generating stable inflation, robust growth, healthy job creation and reasonable wage hikes
Norges Bank says rates could stay low for longer
Norway's central bank held rates steady today and now projects it to stay lower for longer; banks may be required to build up bigger counter-cyclical buffers
IMF says ECB should 'consider' buying eurozone government debt
International Monetary Fund encourages European Central Bank to launch large-scale asset purchase programme if inflation ‘remains stubbornly low’
Fed tapers another $10 billion as US growth rebounds
Starting in July, bank will buy $35 billion of extra assets each month; taper finished by year's end at current pace
Bulgarian deputy governor takes leave from bank to fight misconduct prosecution
Bulgarian deputy for banking supervision fights allegations of turning a blind eye to a privately-owned bank exceeding lending limits to sister companies
IMF paper makes case for new policy rate in Kazakhstan
Economists say the National Bank of Kazakhstan should be equipped with a new policy rate to give it more direct influence over short-term interest rates
Ukraine parliament appoints new central bank governor
Ukraine central bank governor Stepan Kubiv replaced with investment banker Valeria Gontareva after parliament approves presidential bill
Haldane says MPC faces ‘corridor of uncertainty'
Bank of England chief economist turns to cricketing metaphors to explain the dilemma faced by the monetary policy committee at this delicate moment for the UK recovery
BoE's newest MPC member defends limited experience of ‘core' issues
Kristin Forbes says her knowledge of international capital flows brings ‘direct expertise to the UK'; describes herself as someone willing to break ranks
Basel committee revisits 2002 guidance on 'weak banks'
Update to BCBS guidelines is the first since long before the financial crisis; Ingves says ‘early identification and intervention by supervisors is critical'
Ukraine president moves to replace central bank chief
Newly elected president of Ukraine puts bill before parliament to replace central bank governor Stepan Kubiv with investment banker Valeria Gontareva
PBoC approves direct trading between renminbi and sterling
The pound will become only the fifth currency that can be directly exchanged with the yuan; People’s Bank of China names China Construction Bank as renminbi clearing bank in London
Finland paper: Loans-to-deposits among best indicators of banking crises
Paper examines banking crises in 11 EU countries between 1980-2013; growth rates and trend deviations of loan stock variables also yield 'useful' signals of impending crises
BoJ minutes reveal concern over supply-side issues
Policy board members say that while QQE is supporting higher levels of demand in the economy, it is also contributing to supply-side problems such as labour shortages
RBA likely to keep policy on hold
Reserve Bank of Australia board expects to keep its cash rate on hold at 2.5% for ‘some time yet’ as inflation remains within the central bank’s target
Czech banks could ride out recession plus deflation, central bank says
The Czech financial sector is exposed to bond volatility but banks have sufficient buffers to survive a ‘strong recession accompanied by deflation', financial stability report says
Luxembourg central bank accuses government of withholding statistics
Central Bank of Luxembourg says it will not be able to honour its commitment to publish a ‘thorough analysis’ of public finances this month because it cannot access the data it needs
Bank of England annual report reveals top staff salaries
Annual report reveals the Bank of England made a £120 million profit in the year to February; publishes salaries of senior staff
Rajan: RBI ‘could give up’ some powers
Reserve Bank of India should retain its regulatory powers, Rajan says, but it could cede part of its debt management role to the government ‘without any loss in welfare’
Russia returns to floating ruble strategy as Ukraine pressure cools
Bank of Russia has reduced the amount it will intervene to prop up the ruble, signalling an easing of geopolitical pressure on the currency
Public satisfaction with Bank of England at post-crisis high
'Net satisfaction' with the way the Bank of England sets monetary policy was 31% in May, poll shows; results reflect improving economic outlook
Lagarde says Yellen should double FOMC press conference frequency
IMF chief says clear communication is needed to dispel market uncertainty over US interest rate lift-off; also calls on FOMC to publish quarterly monetary policy reports
Banque de France paper quantifies impact of EBA capital exercise on lending
Banque de France working paper examines lending behaviour of banks subjected to the recapitalisation exercise ran by the European Banking Authority in 2011–12
Poland governor Belka's comments cause political storm
Conversation from last summer shows NBP governor called for finance minister to be replaced, and made disparaging remarks about colleagues on the MPC