Central Banks
Text analysis of news spots Chinese financial risk, says paper
Researchers’ model uses machine learning to assess thousands of newspaper articles
Cash demand solid despite digitalisation, CPMI finds
Latest ‘red book’ statistics show rapid growth in cashless payments, but demand for cash still resilient
Bolivia seeks reserves boost from retail bond sale
Unusual central bank operation “does not make much sense”, former governor says
Credit constraints have small impact on housing market – paper
RBA economist revisits the effects of down payments on housing prices
Norway SWF suffers biggest losses since 2008
Norges Bank Investment Management reports negative return of more than $160bn
Fed moves to ban state banks from holding crypto as principal
Supervisors outline plan for “level playing field” between state and national banks
Bank of Ghana adds 100bp as crises grind on
IMF reportedly wants end to central bank financing
Iran and Russia to link banking systems to bypass sanctions
Move follows Iran’s signing of free trade “memorandum” with Russia-led EAEU
Sanctions fear drives surge in central bank gold purchases
China, Turkey and India are largest declared buyers, while Russia probably bought big quantities
IMF says global economy may be at ‘turning point’
China and India expected to drive half of global growth this year, but other economies are lagging
Wanted: radical ideas for inflation modelling
Hedge funds echo Mervyn King’s calls for a new approach to inflation modelling post-2022 crisis
Ransomware threat on the rise, says Boston Fed IT chief
Automation and AI could boost response times and ease staffing pressures
Nigerian governor extends banknote replacement scheme
Emefiele spent several weeks abroad after state agency issued arrest warrant
Fed deals double blow to crypto bank
Wyoming-based Custodia turned down for Fed membership and master account
Colombia says tightening cycle may be nearing end
Central bank board splits 5–2 on 75bp rate hike
RBI’s Das calls for more work on financial market development
Development has proceeded at “unprecedented pace” despite series of crises, governor says
Global liquidity driven higher by derivatives and euro lending
BIS statistics show contraction in dollar lending to emerging and developing economies