Central Banks
BoE emergency bond purchases drop to zero
Central bank had offered to buy £5 billion per day, but actual purchases have been much smaller
BIS project seeks better historical statistics
Collaboration between BIS, central banks and academia aims at better understanding of economic history
UN body warns central banks could set off global recession
UNCTAD report calls for price controls rather than rate hikes
Russia’s Mir forced into retreat
Banks and payment systems across Asia banish Russian cards after US warnings
Average central bank equity allocations at 11.9%
Despite higher volatility, high income central banks increase their investments in equities
Asset diversification and staff training main goals for external contracts
All non-high income central banks aim to offer training to staff, high income jurisdictions focused on diversification and market intelligence
US imposes sanctions on Russian governor
Treasury says Nabiullina and other officials have facilitated Russian invasion of Ukraine
Fed announces climate test for some large banks
US central bank will test six major banks but says results will not have capital consequences
Finance minister becomes new Guatemala governor
Gónzalez replaces Recinos, who had led the Bank of Guatemala for seven years
China rolls out new measures to boost housing demand
Authorities lower mortgage rates and offer a tax incentive for new home purchases
US and Korea agree to set up liquidity facilities if necessary
It is still unclear whether the facilities would involve a currency swap line
Most central banks expect sanctions on Russia to have a long-term effect
Trend is weaker in Europe than in the Americas, Asia-Pacific and Africa
Eurozone inflation reaches new record level
Energy prices are still main driver but eurozone’s core goods inflation also rose
Bank of Mexico raises rates 75bp for third time
Banxico raises inflation forecasts as analysts say it is likely to continue following Fed
Colombia orders ninth consecutive rate increase
Inflation rises above central bank projections as finance minister expresses frustration
Charles III coins will circulate by end of year, says UK mint
New king will appear on 50 pence coin and commemorative issue
PBoC allows some cities to cut mortgage rates for first-time buyers
One-third of China's largest cities will qualify for new arrangement, analysts say
Over 90% of central banks trim duration as protection against inflation
Fewer institutions increased US Treasuries (18.75%), reduced exposure to unconventional assets (6.25%)
French Pacific monetary authority raises rates
IEOM orders 75bp increase in deposit rate to combat inflation
BoE becomes reluctant market-maker of last resort
Gilt market turmoil has again forced the BoE to intervene. Is there a better way?
Regional Fed presidents signal resolve and acknowledge recession risks
Fed’s Collins, Mester, Bullard, Evans, Kashkari and Daly speak on the path ahead for policy