Central Banks
BoE to improve supervision in light of bank’s near-collapse
Report on the Co-op Bank’s near-failure warns ‘open banking’ could throw up new systemic risks
Bank of Jamaica cuts policy rate again
Central bank aims to get inflation back to target range by December 2020
Draghi says ECB could further delay rate hike as inflation disappoints
Weaker growth forecast contributed to reduction in central bank inflation forecast to 1.6% in 2021
US bank holding companies have become less complex – NY Fed paper
Researcher examines organisational, business and geographical complexity in decade after 2007
Nigerian central bank cuts rates as governor’s future remains unclear
Pressures on emerging markets are major factor behind rate cut, MPC says
RBNZ signals future rate cut on international weakness
Looser policies in the US and eurozone are putting upward pressure on New Zealand dollar
Yi pledges to continue opening up China’s financial sector
Some measures are yet to be finalised despite end-2018 goal
Philippines launches inclusion initiative in memory of Espenilla
Late governor honoured in new initiative to help those underserved by financial industry
HKMA grants first three virtual banking licences
Move is “major milestone” for Hong Kong’s efforts to compete as financial centre
Access to cash a priority for UK’s PSR this year – report
Regulator criticised for response to earlier report which said 17% of population would struggle without cash
Latvia may replace regulator’s board several years early
Move comes as Latvian authorities try to respond to allegations of money-laundering
Irish finance minister seeks candidates for governor role
Senior civil servant seen as strong contender but has been criticised for pre-crisis optimism
Atlanta’s Bostic lays out case for central banking with ‘ample’ reserves
Floor system performing well and has benefits, says Atlanta Fed president; Harker and Rosengren argue for shift in balance sheet composition
RBI swap operation heavily oversubscribed
Unusual move to inject long-term liquidity into the system draws strong demand from the market
Major Swedish firms surprised by continuing economic expansion
Riksbank survey finds major companies do not see signs of imminent recession
IMF research supports creation of fiscal responsibility laws
Philippine example highlights flaws in “non-binding” ceiling on budget deficit, author says
Fed has limited tools to combat climate change impact – San Fran Fed paper
But central banks can do more to research appropriate policy responses to climate change
Fed’s rate pause puts pressure on BoJ
Fed’s dovishness could pull JGB yields lower and put upward pressure on the yen