Articles by Central Banking Newsdesk
Populists can pressure central banks to cut rates, paper finds
Researchers say the most populist governments can get rates lowered by 30 basis points
Eurozone’s economy contracts for two quarters running
Economic contraction will be a focal point of ECB meeting on June 15
Philippine central bank cuts lenders’ reserve requirements
Move comes after BSP paused monetary tightening in May
More central clearing could have eased Covid shock – BoE paper
Efficiencies for dealer balance sheets could allow banks to play greater stabilising role, authors say
Eurozone carbon tax hike would cause small GDP fall, paper finds
Raising tax to rate consistent with net zero would create only transient inflation, researchers say
RBI holds rate despite stubborn inflation
Policy-makers hint at need for further tightening as inflation stays above target
Thugge confirmed as next Kenya governor
President’s adviser gets parliamentary approval and calls for dollar bonds to boost reserves
People: Israel appoints new chief supervisor
IDB appoints chief operating officer; IADI gets new head; and more
ECB paper examines green regulation’s productivity impact
Tougher rules seem to hurt productivity, but might raise it over longer horizons, researchers say
Data privacy laws can boost fintech lending – BIS paper
Study finds Californian law led to more data being shared with fintech firms
Central banks’ pandemic interventions averaged 6% of GDP
IMF paper finds relief measures were three times bigger than in global financial crisis
AI may demand ‘entirely new’ regulatory approach – IMF’s Gopinath
Deputy managing director says artificial intelligence risks “broad negative effect” on employment
Eurozone consumer inflation expectations down ‘significantly’
ECB data shows median 12 months ahead expectations fell to 4.1% in April
RBA raises interest rate to 11-year high
Governor Philip Lowe signals further rate hikes may be needed
Currency round-up: Lebanon considers new high-denomination notes
South Africa issues upgraded notes; Argentina 2,000 peso enters circulation; and more
Campos Neto repeats opposition to common currency
Digital payments have outstripped benefits of “very old idea”
RBA bans PwC from new contracts until scandal cleared up
Consultancy firm mired in controversy over leaking Australian government tax plans to clients
Argentina applying to join New Development Bank
China renews 130 billion yuan swap line with Latin American country
Riksbank to investigate year-end distortion in money market rate
Swestr tends to decline in the last business day of the year
Dominican Republic cuts key rate by 50bp
Central bank expects headline inflation will have returned to target in May
Boston Fed paper looks at wider impact of banking stress
High levels of leverage magnify impact of bank crises on output and employment
Sudan’s warring parties attack central bank and currency printers
Military sacks governor as fighting drives up prices amid existing food shortage
Eurozone inflation declines sharply in May
Core inflation declines from 5.6% to 5.3%
South African central bank prepares for total power failure
Sarb working on resilience plans but warns only “some transactions” may continue