Central Banks
Estonian and Danish authorities trade accusations as further AML scandal breaks
Swedish, Estonian and Lithuanian authorities announce joint investigation into Swedish bank
Bank of Mexico gets lost in translation
Central bank removes sentence from English translation opening the possibility of a future rate cut
Most financial stability committees lack policy tools, researchers say
Many committees lack good internal processes and ability to implement policies, authors say
Looser Fed policy and monetary target hamper Argentina’s currency efforts
Inflation rises faster than expected as Argentinian forex reserves reach record high
Bank of Jamaica increases efforts to stimulate inflation
Central bank cuts policy rates and reserve requirements to spur credit growth
Suriname’s president fires central bank governor
Decision comes after central bank refused to finance public spending, regional reports say
Chinese premier clashes with central bank over credit expansion
PBoC rejects premier’s warnings over interest rate arbitrage and bill financing
Australian governor says productivity rises needed to boost incomes
Lowe told lawmakers falling house prices will not ‘derail’ Australian economy
World is not running out of safe assets – BIS’s McCauley
Supply of safe assets can comfortably meet demand at present, BIS economist says
US bank interconnectedness is falling – San Fran Fed paper
New method focuses on idiosyncratic factors to identify possible links, researchers say
Phillips curve still applies to Sweden, Riksbank researcher says
Firm-level data indicates that traditional relationship still holds, paper argues
Buffers should not be rebuilt too quickly – Bank of Canada paper
Requirements should be lower during crisis recovery to avoid bank default, researcher argues
Print-your-own banknotes could be the future – DNB official
Single-use banknotes with QR codes could be the future of cash, DNB cash head says
Zimbabwe ditches dollar peg amid warnings of ‘disaster’
Central bank governor pledges stability but analyst says initiative is “cancerous”