Central Banks
Most central banks plan no new banknotes in near future
Fewer than a quarter of banks plan new notes in next five years
Major bond markets ‘more prone to liquidity imbalances’, says FSB
More use of debt in investment strategies has combined with reduced dealer capacity, report finds
ADB gives crisis-hit Pakistan $1.5 billion loan
Asian Development Bank extends aid as extensive floods add to major economic problems
Norges Bank does not expect wage-price spiral, governor says
Wage moderation allows central bank to strike balance between inflation and employment
‘Shouting on the phone’: BoE officials shed light on gilt market intervention
Crisis sparked by UK government’s plans needed unprecedented action, officials tell parliament
Argentina holds rates for first time this year
Central bank says core inflation decelerating, but official figures show headline figure rising
Taiwan’s governor says uncertainties are hampering forecasting
Yang says central bank will examine wider range of data to improve inflation estimates
Eswatini central bank signs contract for CBDC research
Giesecke + Devrient hired as “technical consultant”
Turkish central bank cuts rate 150bp
MPC may be close to ending cuts as inflation continues soaring
ECB delays launch of new RTGS system and T2 consolidation
Launch had been scheduled for November but is now expected in March 2023
Regional Feds divided on discount rate
New York and San Francisco were dovish compared with counterparts in Minneapolis
St Louis Fed president appeared at private Citigroup event
Media was not invited to October 14 talk by FOMC member Bullard
PBoC keeps key lending rates steady
Central bank stays put amid China’s Communist Party congress
Japan to conduct unscheduled bond-buying operations
BoJ announcement comes as yen nears 32-year low against the dollar
Bank Indonesia delivers another 50bp rate rise
Governor Perry Warjiyo describes the rate hike as a pre-emptive move
DNB advises pension funds to boost liquidity – report
Following UK crisis, Dutch central bank asks funds to monitor stress signals and review liquidity rules
Brazil set to nominate Goldfajn to lead regional bank
Competition to lead Inter-American Development Bank heating up
Nominal interest rates strongly affect savings – ECB paper
Simple models based on real rates do not accord with eurozone data, researchers find
Hong Kong sets up investment company using HKMA funds
Analysts draw parallels between the new company and Singapore’s sovereign wealth fund Temasek
Banks in Kyrgyzstan suspend Mir
Operations limited in Kazakhstan, Uzbekistan, Turkey and Vietnam on threat of US sanctions
Demand for cash in turbulent times
Antti Heinonen analyses trends in cash use as Covid fades, but new shocks take its place