Central Banks
Leading Colombian presidential candidate plans central bank reform
Gustavo Petro claims current government has captured the board of directors
Fed’s Brainard backs series of rate hikes followed by asset runoff
Governor says economy is responding appropriately to Fed communications and incoming data
Lebanese central bank sent millions to firm linked to governor – report
Central bank paid millions of dollars to firm investigated by Swiss prosecutors, Reuters says
Bank of Jamaica launches ‘stronger actions’ against inflation
Central bank accelerates monetary tightening as inflation nears 10%
Bank of Israel set to increase interest rates soon
Central bank points out inflation expectations have increased
BIS paper finds real links matter for asset price co-movement
Real economic integration may be more important than previously thought, authors say
FOMC adopts new ethics rules on trading
Fed reforms follow months of controversy over equities trading and three resignations
Diego Labat on policy normalisation, capital flows and tech challenges
The Central Bank of Uruguay governor speaks with Christopher Jeffery and Ben Margulies about governance, financialisation, flexible rates versus capital controls, payment upgrades and CBDCs
Rwanda raises benchmark rate 50bp
MPC statement warns of expected spike in inflation in 2022
Chilean central bank joins regional foreign reserves network
Membership of Flar is latest measure to boost access to funds after 2019 exchange rate crisis
Uruguay continues programme of interest rate hikes
Central bank announced plans for two more increases at January meeting
Eurozone inflation may hit target in medium term, says Lane
ECB chief economist says eurozone may face fundamentally changed inflation dynamics
Book notes: Imagining the Fed, by Nicolas Thompson
A worthwhile perspective on the evolution of such an important institution, but a shame that it isn’t a longer and broader examination
FOMC’s January minutes hint at policy actions and inflation fears
Committee signals determination to end asset purchases in March and raise the funds rate
IMF paper finds falling r* should eventually reverse
Authors say several policies could be used to push natural rate back up
Honduran Congress clears way for SDR loan
Declaration of “emergency” will allow government to access $335 million held at central bank
Sovereign bond markets test ECB’s QE withdrawal plans
Investors see “huge risks” of turmoil in peripheral eurozone debt markets
Turkish central bank holds main rate despite high inflation
Committee says it expects inflation trend to reverse soon, as headline figure nears 50%
Namibia marks first rate hike in six years
Central bank acts to “safeguard” link to South African rand
US Senate Republicans stall Fed nominations
Raskin denies opposition lawmakers’ allegations that she engaged in untoward lobbying
US short and mid-term inflation expectations fall, says NY Fed
But housing price expectations rose 0.5% in January