Central Banks
US Bancorp ever more reliant on LCR relief
HQLAs would only cover 91.4% of bank’s net cash outflows without Fed’s cap
Lebanese authorities press criminal charges against Salameh
Former central bank governor faces investigation over alleged embezzlement
North Macedonia develops new DSGE model
Analytical tool to supplement existing models built in conjunction with CNB and IMF
RBA’s Bullock says talk of rate cuts is ‘premature’
Governor says keeping down inflation helps support bank’s objective of maximising employment
BoE and bond vigilantes ‘not responsible for 2022 gilts crisis’
Ex-bank official rejects former PM’s claims that LDIs were primary cause of yield spike
ECB’s Cipollone positive about September rate cut
Data “confirms our direction of travel”, board member says
Malaysia holds policy rate
Decision comes after country posts 5.9% year-on-year growth in Q2 and currency rebounds
Financial Stability Benchmarks 2024 – model banks analysis
Further breakdowns of the data highlight patterns in governance, regulatory reform and cyber risk
Covid led to shift in cross-border payment flows – Brazilian study
Pandemic resulted in changes across sectors, instruments and types of economy
Yuan will not rival dollar for foreseeable future – Fed study
Figures show aggregate usage of currency lags behind that of euro, yen and pound
Lebanese authorities arrest former central bank governor
Riad Salameh detained in Beirut over allegations of embezzlement
Minister nominated as Bank of Spain governor
Opposition says appointment of José Luis Escrivá would throw bank’s independence into question
Chile resumes rate cuts following unanimous vote
Central bank announces 25bp reduction amid weak consumption and moderate inflation
Bank of Thailand to name new chair by October
Upcoming appointment adds uncertainty to relations between new government and central bank
People: Bundesbank appoints Mauderer as vice-president
Former prosecutor joins Dutch central bank’s supervisory board
The post-Archegos risk model rebuild begins… slowly
Following regulatory prodding, banks start to overhaul counterparty risk models. A flurry of new research on the topic may aid the effort
Lower-paid workers face greatest impact from AI – BIS paper
Risk of core skills being replaced, and jobs being lost, is higher for people on low incomes
Turkey’s annual inflation drops by nearly 10 points
Month-on-month inflation also fell in August, having risen in July
Ueda: BoJ will continue raising rates if ‘outlook realised’
Governor affirms central bank’s hawkish stance ahead of this month’s monetary policy meeting
Most eurozone countries pay high price for membership – study
Central Bank of Iceland research finds smaller states would be better off setting rates independently
Central banks ‘buying more gold’
Institutions will continue to increase purchases, World Gold Council says
Timor-Leste to set up central bank institute with IFC
Project aims to strengthen capabilities in financial services and private sector more broadly
Interpreting the PBoC’s slew of policy reforms
How are new stimulus measures, bond market tactics, deflationary pressures and monetary policy framework changes affecting central banking in China?