Central Banks
Biden to name Brainard to White House post this week – reports
Fed vice-chair would become leading economic adviser
Investors improve at funding high-impact climate tech – paper
After widespread failures investing in first wave of climate tech, investors are having more of an impact
Japan nominates Kazuo Ueda as next BoJ governor
Analyst believes “half-insider” Ueda has balanced views on monetary policy
Bank of Canada paper tests ‘inflation tax’ in lab experiment
Experimental design could be used to test other aspects of monetary policy, researchers say
Lebanese governor says he will step down this year
European magistrates intend to return to investigate allegations against Salameh, reports say
Colombia’s Villar says tight policy necessary for future growth
Governor says inflation more stubborn than in neighbours, but will fall soon
China imposes stricter risk classification rules on banks
Regulators say the rules will help banks mitigate credit risks
Loose monetary policy has ‘big’ impact on crisis risk – NBER paper
Authors find causal link between easy policy stance and future financial instability
World Bank’s model ‘insufficient’ for global threats – Yellen
US Treasury secretary says institution needs to do more on climate change
Inflation in Baltics set to remain highest in euro area
Charts highlight divergence between eurozone members
Spain’s De Cos calls for greater ambition in EU fiscal reforms
Redesign of fiscal rules must be supported by wider reform of financial governance, governor says
Former Malta deputy governor wins libel case
Alfred Mifsud wins €1,000 from Daphne Caruana Galizia, who was murdered in 2017
Bank of Uganda denies issuing warning on currency ‘bouquets’
Comms staff nevertheless urge Ugandans not to engage in “misuse of money”
Rates round-up: Mexico adds 50bp
Mexico delivers surprise; Peru pauses tightening cycle; mixed decisions in Europe
Japan to nominate Kazuo Ueda as next BoJ governor
Yen rises on surprise that Ueda is tipped to take up the top post
BoE officials deny complacency over second-round effects
First-round impact of shocks is driving the bulk of inflation, policy-makers say
Nigeria cash changeover hangs in balance after court order
Supreme Court orders deadline be suspended as economy reels from after-effects of programme
Bank of Canada officials explain monetary policy transition
Central bank publishes first record of monetary policy meeting discussions
Dallas Fed research casts doubt on ‘soft landing’
US Fed chair Jerome Powell sees US worker shortages as “more structural than cyclical”
Bank Negara Malaysia commits to improve financial inclusion
BNM says the pandemic has eroded many people’s financial buffers
RBI continues with gradual monetary tightening
Governor notes continued progress on inflation but core index remains “sticky”