Central Banks
Quarles set to take over as FSB chair
Klaas Knot expected to be appointed vice-chair with a view to taking top job down the line
Mobile phones boost financial inclusivity in Cambodia – paper
Phone users more likely to open financial accounts and invest using microcredit
Political angst affecting the exchange rate, says Bank of Mexico
Central bank hikes rates to 8% as political decisions begin to take a toll on financial market
Podcast: The post-crisis world
Andrew Metrick says central banks have changed dramatically since 2008, but more work may be needed to develop new models
ECB unveils richer eurozone forecasting model
“NAWM II” models financial sector’s role in originating and propagating economic shocks
Weidmann calls for dropping QE tools in normal conditions
Long-term ultra-loose policy may have shifted natural rate of unemployment – Bundesbank head
Researchers find trade-off between financial sector development and inequality
Financial sector development negatively impacts inequality, BIS paper says
BoJ’s monetary easing criticised as balance sheet passes 100% of GDP
Central bank’s QQE has had limited impact but a wind-down poses significant risks, Sayuri Shirai warns
RBI standoff ends in compromise after marathon meeting
Nine-hour meeting ends in agreement, but government extracts concessions on key issues
Deposit insurance coverage up ‘substantially’ – IADI survey
Basel-based group finds deposit insurance is widespread and increasingly generous to depositors
PRA using AI to understand connectivity of rulebook
UK regulator is using Google search engine algorithm to see if rulebook can be streamlined, says BoE’s Proudman
Fed to review monetary policy framework
Reassessment of the framework has been long sought-after among some Fed officials
Oxford academic argues Milton Friedman is misunderstood
James Forder says Friedman had a bigger impact on neoclassical economics than on monetarism
IMF concerned over Iceland’s inflation metrics
Inflation excluding housing near 60-year low for 2017, IMF reports
Goldfajn to step down as Brazilian governor, says incoming minister
Next governor likely to be Santander executive
Information can substitute for collateral, BoE paper finds
Strong lending relationships can insulate a firm during booms and busts
FSB unveils latest G-Sib list
One bank joins and two drop off the 2018 tally