Articles by Central Banking Newsdesk
Researchers use natural language processing to estimate inflation
Applying NLP techniques to earnings calls provides useful economic indicators, paper says
Bank of Canada raises rates despite falling inflation
Governor warns progress towards price stability “could stall”
Egypt announces ‘record’ inflation
Inflation continues rising despite monetary tightening and could trigger IMF consultation
ECB’s monetary policy is taking effect rapidly, says Lane
But chief economist warns tighter financing conditions could cause eurozone contraction
South Korea’s central bank holds rates steady again
Governor says board agreed restrictive policy should continue for a considerable time
BoE stress tests find banks resilient to interest rate risk
Credit impairments drive majority of losses, but all banks pass test
Carney to co-chair World Bank investment panel
“Investment Lab” tasked with overcoming barriers to investment, including in climate finance
RBNZ halts tightening cycle
Central bank says policy rate will need to remain at a “restrictive” level for some time
New York Fed completes global digital dollar proof of concept
Wholesale CBDC project tested 24/7 payment and settlement
PBoC extends relief measures for struggling developers
Developers are allowed loan repayment extensions by another full year
Papua New Guinea’s Genia rejects calls for devaluation
IMF says kina is heavily overvalued
Bank of Israel halts tightening cycle
Central bank signals it could raise rates further if inflation does not continue falling
Hank model sheds light on fiscal theory of the price level – paper
Adding heterogeneity allows FTPL models to reflect persistent government deficits, economists find
ECB opens public consultation on new banknote design
Shortlisted themes include birds, rivers, European culture and values
Crypto tax would be lucrative but challenging, IMF paper says
Authors say authorities face problems categorising and tracking cryptocurrency activity
Uruguay cuts 50bp as inflation falls
Headline and core readings are lowest for several years, as officials predict slight GDP decline
Malaysia’s central bank holds policy rate
Decision comes after headline inflation fell to one-year low but core inflation remains higher
Basel Committee overhauls supervision guidance
Key updates cover supervision of risks related to interest rate, operations and climate
World Bank releases country income classifications
Seven countries promoted, while Jordan falls a category due to population growth
Brazilian president’s nominees confirmed for central bank board
Observers speculate Galípolo may be next governor, while Santos is first Black board member
Philippines central bank examines impact of temperature shocks
BSP is also working with World Bank to stress test local banks’ exposures to transition risk
US banks question stress-test discrepancies
Bank of America and Citigroup open talks with Fed about differing results
Researchers examine Covid-19’s impact on eurozone lending
Pandemic changed banks’ lending but did not lead to widespread cut in collateral values, paper finds
Brazil regulators cut off loans for environmental law violators
Resolution marks change in policy from Bolsonaro era