Central Banks
Argentina orders 200bp rate increase, to 44.5%
Tighter monetary policy is in line with IMF deal, while neighbour Paraguay makes 50bp hike
Mexican president leaks news of central bank’s rate hike
López Obrador reveals 50bp rise hours before monetary policy announcement
Ida Wolden Bache becomes Norges Bank governor as MPC raises rates
Jens Stoltenberg steps down from role due to Ukraine crisis
RBI paper finds high market power can undermine bank stability
Author documents “inverse U-shaped” relationship, suggesting only some mergers are desirable
US’s Rouse optimistic on inflation outlook
Chief economic adviser says food production can do more to raise supply than in energy industry
Barbados to make switch to polymer
Redesigned banknotes will circulate by end of year, says governor
Board sizes vary widely across central banks
Board terms average around five years and non-executive directors are common
Putin demands export payments in rubles
Central bank governor Elvira Nabiullina reportedly tried to resign after invasion but was told to stay by Russian president
Riksbank may need to raise interest rates earlier – Anna Breman
Deputy governor warns inflation is likely to continue to rise due to Russia’s invasion of Ukraine
Korean president names new central bank governor
Rhee Chang-yong is currently IMF Asia-Pacific director
Rich countries’ central banks less likely to manage sovereign debt
Practice is more common among middle and lower income countries, and in Africa and the Americas
Powell: ‘nothing’ in the way of a 50bp rate hike
Fed chair is hoping to even out supply and demand imbalances in the labour market
Lebanese judge brings corruption charges against governor
Salameh denies all wrongdoing as his brother is transferred to another judge’s custody
Moldova hikes another 200bp as inflation spirals
Central bank has raised rates nearly 10 percentage points, but inflation is surging towards 20%
Azerbaijan continues gradual tightening
Central bank adds 25bp at March meeting, for a total of 150bp in hikes since September
Egypt hikes rates at unscheduled meeting
Central bank orders 100bp increase on March 21, the first rise since July 2017
Bank of Ghana orders 250bp hike
Central bank moves meeting a week earlier to combat high inflation and a weak currency
Three-quarters of surveyed central banks answer to parliaments
Held accountable: benchmark responses on how central banks report on their activities
Fed’s Bostic: uncertainty is hallmark of current economy
Atlanta Fed chief sees myriad forces pushing up inflation, but warns Fed may still tighten too fast
ECB supervision and the state of the eurozone’s banks
ECB banking supervision has passed the first stage of the Covid-19 test. But many challenges remain, including banks’ internal governance and data processing, excessive leveraged lending in some segments, and a lack of progress towards a more competitive…
Sri Lankan currency falls sharply after central bank changes policy
Rupee falls below central bank’s expectation and government says it will seek IMF aid for crisis
Mexican financial institutions create gender equality committee
Eleven public and private institutions join initiative promoting women’s participation in the economy