Articles by Central Banking Newsdesk
Kenyan governor denies shortage of small-denomination notes
Interior minister had claimed that politicians were draining supply to pay election bribes
Chileans’ use of electronic payments is on the rise
Central bank report finds rapid increases in card and online payments.
UK court recognises Venezuela opposition’s central bank board
Supreme court had already ruled in opposition’s favour last December
Argentina accelerates tightening with 800bp hike
Central bank says it aims to make real rate positive as president reshuffles government
Costa Rica makes largest hike since 2010
Central bank predicts that inflation will not reach its target range until 2024.
Gulf central banks increase rates in line with Fed
Five banks raise rates 75bp, while Kuwait orders 25bp increase due to different currency peg
Hungarian central bank raises rates again amid EU dispute
MNB downplays role of weakening currency and says external factors are driving inflation
Polish Senate to decide on new MPC member
Opposition parties hold upper house majority and may pick more hawkish rate-setter
People: UK names veteran banker as chairman of BoE court
Appointments in Nicaragua, Cape Verde and Central African currency zone
Kazakhstan orders 50bp rate rise
Unlike neighbours, Kazakhstan continues tightening with eight hikes since last July
Bank of Russia cuts rates, but Nabiullina warns of volatility
Governor says inflation and currency are volatile, and “geopolitical situation” is creating uncertainty
People: World Bank appoints Gill as chief economist
Two members join Bank of Japan board, and senior IMF officials Lester and Rice step down
Paraguay makes 12th consecutive rate hike
Inflation drops slightly, but South American country faces slow growth and severe drought
Denmark raises rates to maintain euro peg
National Bank of Denmark increases rates by 50bp as inflation rises to highest level since 1983
Powell divests municipal bond holdings
Fed chair acted early to comply in with new ethics code at Federal Reserve
Nepal hikes rates and constricts credit
Himalayan country confronts rising inflation and strained reserves
Chinese CBDC should not be as anonymous as cash, says PBoC official
Mu Changchun says small digital wallets will allow anonymity, but says freedom needs constraints
Eurozone debt likely unsustainable without QE – BIS paper
Authors find benefits of ECB’s PEPP extend beyond the end of the bond-buying programme
Papua New Guinea raises rates for first time since 2011
Rising inflation prompts first move in more than two years
Uzbekistan lowers key rate by 100bp
Central Asian country follows Russia in reversing rate increases from start of invasion of Ukraine
Poland law would fund coal benefit with central bank’s profit
National Bank of Poland remitted 95% of profits to government in 2020
Bank of Japan holds rates and increases inflation forecast
MPC predicts inflation will reach 2.3% this fiscal year but then fall back below target
Zimbabwe authorities demand businesses use official rate
Central bank financial watchdog threatens enforcement “blitz”
Nigeria raises policy rate by 100bp
MPC cites external tightening and conflict as sources of rising inflation