Articles by Central Banking Newsdesk
Bank of Canada’s Rogers says ‘decisive’ policy needed
Senior deputy says house prices are unsustainably high
Bank of Israel reserves fall by over 4% in April
Falling equity prices are the main factor behind $8.5 billion drop in value
People: Swiss vice-chair to take office in August
Board member appointed in Guatemala; new external MPC member in Ghana; and more
PBoC expands ‘structural monetary policy tools’
New $15 billion relending programmes target transport and coal sectors
Czech board raises rates in split vote
Central bank increases inflation forecast and awaits new governor appointment
BoE paper models macro-prudential spillovers
Agent-based model sheds light on how housing market policies affect different groups, authors say
BIS paper says people should have more power over their data
Authors propose “consent-based architecture” to let consumers control how data is used
Norges Bank bucks global trend with rate hold
Inflation has so far fallen short of the central bank’s projections
Eurozone could improve fiscal pact – ECB paper
Reformed framework should combine expenditure growth rule with “debt anchor”, researchers say
BIS economists see ‘limited’ evidence of wage-price spiral
But institutional shifts and changing expectations could set stage for greater price increases
RBI hikes at unscheduled monetary policy meeting
India joins race to tighten policy, amid “vortex” of economic forces
QR code payments pave way for borrowing – BIS paper
Chinese merchants that offer QR code payments can more easily access credit from big tech firms
Icelandic central bank implements largest rate hike since 2008
Despite 100bp rate hike, policy-makers signal more tightening will be needed in coming months
Researchers try to measure public trust in ECB
“Reflective trust” is lower than “instinctive” reaction, especially among women, paper finds
Pakistani governor steps down as term expires
Government chose not to renew Reza Baqir’s term
South Korean inflation climbs to 13-year high
Central bank concerned about record price rises
Costa Rican president-elect names next governor
Róger Madrigal López will lead central bank once new administration takes office on May 8
Colombian central bank raises rates by 100 basis points
Three board members voted for a 150bp hike
ECB renews repo line for Romanian central bank
Move comes after ECB creates liquidity facility for Poland and renews four other repo lines
RBNZ finds ‘overwhelming’ support for cash
New Zealanders emphasise importance of access to cash, and call for privacy in CBDC
RBA hikes for first time in over 10 years
Philip Lowe says RBA will also allow the balance sheet to shrink, as inflation rises more than expected
Bank of Russia continues unwinding giant rate hike
Central bank cuts rate 300 basis points to 14%, in second reduction this month
Philippines central bank announces wholesale CBDC pilot
“Project CBDCPh” will test large transactions at limited number of institutions
Costa Rica increases pace of monetary tightening
Central bank hikes rates by 150bp as core and headline inflation continue to rise