Articles by Central Banking Newsdesk
Bank of England initiative bolsters cyber defenses
BoE joins with commercial actors in bid to shield the UK financial sector against cyber attacks; tests based on hackers' own techniques
'Intra-firm borrowing' reduces liquidity risk at 'global' US banks, say NY Fed staff
New York Fed staff report finds 'fundamental differences' between banks with and without foreign affiliates
Bank of Korea slowly tackling gender imbalance
Number of female hires at Korean central bank grew steadily throughout former governor Kim Choong Soo’s tenure; first female deputy governor appointed in July 2013
Macedonia central bank unveils three-year plan
Strategic plan through 2017 commits to improvements in human capital and corporate governance; monetary targets remain the same
Hungary central bank hails pro-growth policies as IMF urges caution
Central Bank of Hungary sticks to easing cycle in face of IMF warnings; says growth in SME lending is down to its Funding for Growth Scheme
Emirates central bank monitoring property price growth
Central bank says financial system is 'resilient' but 'vulnerabilities exist' in annual financial stability report released this weekend
Kuroda says 'premature' end of QE damaged BoJ credibility
Haruhiko Kuroda says the ‘somewhat premature’ ending of quantitative easing in 2006 made it hard for BoJ to gain credibility as a ‘deflation fighter’
Bank of Mauritius could push for new interest rate power
Bank of Mauritius task force says the central bank should be able to regulate interest rates; publishes 100 recommendations for improving terms and conditions of banking contracts
IMF agrees BoE should raise rates before tapering QE
Bank of England should raise interest rates before shrinking balance sheet, Fund says; notes ‘challenge' in communicating how monetary and macro-pru policies interlink
Goodman, Goodman, Goodman and Goodman break new ground on coauthorship
Four economists sharing the surname Goodman - including Sarena Goodman of the Federal Reserve Board - explore coauthorship by economists with the same surname
Bitcoin success won't mean death of central banks, say Haldane and Qvigstad
Bank of England chief economist and former Norges Bank deputy write paper examining evolution of central banking from inception through to a digital future
Economists worldwide find cash still used ‘extensively’
Economists from Australia, Austria, Canada, France, Germany, the Netherlands and the United States compare survey data on payments; find cash ‘has not disappeared’
People: German and Dutch central banks lose board members; Philadelphia Fed appoints research head
Longest-serving Bundesbank executive board member to step down; Netherlands Bank loses governing board member; Philadelphia Fed replaces departed Loretta Mester; more
Borio: current account is a ‘badly inadequate' measure of financial risk
BIS director says still not enough attention is paid to capital account but adds build-up of vulnerabilities also requires looking directly at balance sheets of cross-border institutions
Solomon Islands ‘still adjusting’ to new central bank legislation
Board aiming to achieve one of the lowest inflation rates in region under new price stability mandate; central bank turns to government for recapitalisation after forex losses
Caruana defends role of interest rates in ‘leaning against' financial cycles
Interest rate rises have a role to play in discouraging excessive borrowing, BIS managing director Jaime Caruana tells National Bank of Bulgaria conference
‘Shadow policy rate' measures Fed monetary policy stance at ZLB
BIS working paper describes a shadow policy rate constructed from a number of variables reflecting monetary policy actions to divine the Fed's stance at the zero lower bound
BoE's Sharp: new shocks around the corner 'perfectly conceivable'
Richard Sharp says UK financial system's openness means unpredictable external events can have 'profound effect' on financial stability
Central African central bank needs liquidity management overhaul, IMF says
IMF's annual mission to the Central African Monetary and Economic Community called for improved operations at the central bank and reform of government securities markets
ECB set to flood banks with cash as deposit rate turns negative
European Central Bank cuts main rate to ‘lower bound’ and deposit rate below zero; plans to provide banks with up to €400bn in cheap loans to boost lending to real economy
Nouy says SSM will bring ‘positive effects’ for Nordic banks
Supervisors from Nordic countries consider how their relationship will change when the SSM becomes operational; Denmark and Sweden are unlikely to opt in
BoJ’s Sato warns ECB about deflation risk
Bank of Japan policy board member says markets’ short- and medium-term inflation expectations have ‘started to decline somewhat’ in the eurozone
Riksbank calls for separate LCR in local currency
Swedish central bank is wary of lenders' ‘extremely low' krona buffers; proposed change could be constrained by the size of Sweden's sovereign bond market, however
Sarb says advanced economy tapering will cause ‘protracted period of volatility'
South African Reserve Bank says monetary policy normalisation in the US and elsewhere will cause a protracted period of volatility in emerging markets like South Africa