Articles by Central Banking Newsdesk
IMF set for governance reform in wake of ‘Doing Business’ controversy
Board to make changes to data integrity, whistleblower protection and dispute resolution
Basel Committee proposes capital add-ons for crypto exposures
Committee tightens proposed rules in several areas following high-profile crypto failures
US core inflation continues decline
Headline PCE inflation flat as food and energy inflation remains buoyant
Bangladesh Bank orders second rate hike
Central bank publishes monetary policy for 2022–23
Guatemala hikes rates 25bp for second consecutive month
Board blames global commodity prices, as inflation breached target range in May
Colombia announces largest-ever rate increase
Central bank orders 150bp rise, while president-elect announces next finance minister
Dominican Republic orders 75bp rate rise
Core inflation still rising as central bank orders sixth rate hike in eight meetings
Taiwan completes phase two CBDC trials with banks
Resolving further challenges could take at least two years, governor says
Danish central bank sceptical on retail CBDC
Report says existing payment systems offer similar benefits, but case for CBDC could change
Bank of Jamaica continues tightening cycle
MPC adds 50bp, describing May inflation drop as mainly due to “temporary effects”
Riksbank carries out largest rate rise since 2000
Swedish central bank says chances of wage-price spiral have increased
New Philippines governor says he may accelerate tightening
Felipe Medalla says policy rates could be raised by more than 25 basis points
Campos Neto says ‘worst of the inflation’ has passed
Brazil’s governor says central bank “came out ahead” of price increases
Central banks should take on more credit risk during stress – BoE paper
Research claims generous credit terms can be more efficient than cutting the risk-free interest rate
Williams also expects US to avoid recession this year
Unemployment will likely rise to 4% as growth slows due to tightening process, says NY Fed head
Banking systems’ long-term systemic risk has grown – ECB paper
Assets became safer but banking systems’ failures were more harmful, analysis finds
Hungary makes shock 185bp rate increase
Central bank responds to inflation and weak forint with largest increase since 2008
Zimbabwe central bank raises policy rate to 200%
Finance minister guarantees use of US dollar through 2025, while RBZ will mint gold coins
Fed’s Evans and Bullard downplay recession risks
Both presidents looking to increase the policy rate to around 3.5% by the end of the year
Czech central bank raises rates after inflation hits 16%
Expectations could become unanchored from 2% inflation target, board warns
IMF approves $4 billion payment for Argentina
Country passes first IMF review, but reserves have declined in recent weeks
Norway’s MPC tightens policy and signals more hikes to come
Norges Bank raises policy rate expectations as it says Norwegian labour market is extremely tight
China loans Pakistan central bank $2.3 billion
Ailing country in talks with IMF as foreign exchange shortage crimps fuel purchases
IMF paper proposes ‘policy space index’
Authors try to quantify countries’ room to respond to a “black swan” event