Central Banks
Zimbabwe freezes all bank lending
President announces controls on money creation to stem decline of currency
Private sector tools often used to shape comms strategies
Meltwater, Hootsuite and Fuseworks among named software providers
Norway’s headline inflation increases to 5.4%
Analysts say 50bp rate hike becoming more likely
Nigerian governor says he may enter presidential election
Godwin Emefiele demands right to stay as central bank governor while campaigning in election
Moldova continues rate climb as inflation passes 20%
Central bank orders another 300bp increase as war adds to price woes
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
Email main channel for central banks’ two-way communication
A majority of central banks interact with the public through social media platforms
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
ECB officials change to more hawkish tone
Schnabel and Villeroy de Galhau signal openness to July hike while Lane and Panetta stay cautious
Chilean central bank surprises markets with a larger rate hike
Board unanimously decided to increase the policy rate by 125 basis points to 8.25%
BoE paper models macro-prudential spillovers
Agent-based model sheds light on how housing market policies affect different groups, authors say
Polish central bank hikes rates 75bp
Inflation at highest levels for 24 years as governor faces opposition over second term
HKMA follows Fed with interest rate hike
Chief executive says HKMA will intervene when currency hits lower bound of peg
Early comms involvement in policy raises effectiveness
Teams involved in earlier stages of policy report communications are more successful
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
Central Bank of Brazil takes main rate to 12.75%
Committee signals it is likely to continue increasing rates at its next policy meeting in June