Central Banks
ECJ rules that Latvian governor was unlawfully removed
Latvian authorities failed to produce convincing evidence of wrong-doing by Ilmārs Rimšēvičs – ECJ
NBKR cuts rates as deflation bites
Broad-based drop in prices prompts 25bp rate cut
FSB seeks feedback on reforms’ impact on SME finance
Roundtable participants note considerable differences in how SMEs are treated across jurisdictions
BoE ramps up liquidity auctions as Brexit looms
Central bank will conduct additional auctions of long-term sterling liquidity around the March 29 deadline; MPC members disagree on approach to no-deal uncertainty
Campa confirmed as EBA head
Next EBA chief warns staffing levels may not be enough for AML duties
Bank of Israel confirms looser stance
After first rate hike since 2011 in November, the central bank reaffirms accommodative approach
Monetary policy frameworks need modifying, former Fed governor says
Lower r* requires two key modifications to flexible inflation-targeting regimes, Frederic Mishkin says
China calls a halt to deleveraging
Banking watchdog says deleveraging campaign has achieved its goals
Trump does not grasp macroeconomic policy – Yellen
Former Fed chair doubts president could recite Fed’s dual mandate goals
Philippines governor Espenilla dies after 18 months in office
Career central banker tightened monetary policy and championed payment system reforms
US’s first Libor-replacement term rate coming in 2020
Staff at the New York Fed are working on a series of backward-looking averages
Danish mobile phone use cuts cost of P2P payments
Widespread adoption of technology fosters more efficient operations
US and UK regulators strike deal to protect derivatives trading post-Brexit
Joint statement indicates continued co-operation, “whatever form” Brexit takes
Kazakhstan’s senate appoints new central bank governor
Change comes after president demands government’s resignation due to poor economic performance
SBP launches Islamic facility to fund renewables and SMEs
Central bank looks to supply liquidity to key industries
RBI minutes: dissenters eye ‘elevated and persistent’ core inflation
Viral Acharya and Chetan Ghate voted against a rate cut at the latest meeting
Fed officials reveal further details of balance sheet plans
Fed discusses letting assets fall off its balance sheet at the same pace as economic expansion
NY Fed paper scrutinises post-crisis CDS market
Little research has been done on the market at a “granular level”, authors say