Central Banks
MAS publishes inaugural sustainability report
Report details central bank’s own efforts to cut emissions and broader work with financial sector
ECB calls for change to proposed Polish central bank law
Proposal on loans to bank guarantee fund would break prohibition on monetary financing, ECB says
Linah Mohohlo: 1952–2021
The first female governor of the Bank of Botswana served with “exceptional energy”, commanding fear and respect over a four-decade career at the central bank
ECB could tilt bond purchases to favour greener companies – Schnabel
But sovereign bond purchases must overcome scarcity of green bonds and limits imposed by capital key
NGFS has ‘momentum’, but faces obstacles – Després
Lack of data and frameworks hamper climate mitigation, says Banque de France official
Research urges ECB to consider establishing ‘fossil bank’
Entity would play similar role to ‘bad banks’ established after financial crisis
Inflation expectations rising – NY Fed survey
Survey finds consumers predicting higher prices, but also better labour market conditions
Former Brazilian governor dies
Carlos Langoni, who led the central bank from 1980 to 1983, fell victim to Covid-19
Multiple expectations test communications
The Reserve Bank of New Zealand’s communications are being tested, and some recent exchanges have been combative, says Mike Hannah
Russian central bank raises policy rate again amid rising pressures
Nabiullina says recovery is surging past central bank’s projections but that inflation will fall
Central banks will need new tools if low rates persist – Rogoff
Governments must clamp down on crypto assets while central banks develop CBDCs, economist says
Lagarde declines to give date for taper
Austrian governor immediately contradicts ECB chief, suggesting divisions on council
Covid-19 caused steep decline in SME turnover – BoE research
Government support stemmed collapse but younger firms suffered
Transparency is essential for financial stability – Georgia’s Gvenetadze
But it is still possible to be “too transparent”, governor warns
Spanish governor favours green monetary policy
Hernández de Cos stresses ECB should account for climate risks in its price stability mandate
PBoC to score largest banks’ green finance efforts
Chinese central bank aims to spur growth in environmental investing
Peru holds policy rate amid election battle
Likely winner of presidential election says he “respects autonomy” of central bank
US CPI inflation reaches 5%
Figures follow predictions of “transitory” inflation rises by senior Fed officials
DNB study finds Dutch expect to carry on using cash
Although payments are increasingly carried out by electronic means, citizens continue carrying cash
Germany facing ‘strong upswing’ – Bundesbank
Central bank revises 2021 GDP growth forecast from 3% to 3.7%