Central Banks
Supervisory resources ‘more stretched’ in major finance centres
Calls for better banking supervision need to be matched with sufficient resources, FSI study says
World faces economic fragmentation, paper warns
Bank of Finland economist warns of potential rise of competing trade blocs
Fight against rating inflation only partly successful – ECB study
ABS issuers still shop around for credit ratings despite tougher EU regulations, paper finds
Switch to gold standard could stabilise prices – Philadelphia Fed research
Hypothetical return to monetary system would only lead to short-term price movements, study finds
Governors’ terms average just over five years
Central bank chiefs are typically allowed two consecutive terms in office
Riksbank uncovers problems in offline CBDC test
Latest phase of e-krona testing focused on offline payments and preventing fraud
Policy round-up: Switzerland and Czech Republic cut rates
Norges Bank holds rates in face of uncertainty
IMF chief urges China to adopt pro-market reforms
Comprehensive reforms could add $3.5 trillion to economy over next 15 years, Georgieva says
RBNZ should focus on fewer labour market indicators – paper
Researcher proposes using ‘high-quality’ indicators to monitor inflationary pressure
ECB to explore nature-related risk in environmental plan
Climate change and biodegradation are “two sides of the same coin”
People: Sveriges Riksbank appoints new deputy governor
BIS replaces general counsel, SNB announces new head of communications
Around half of governments consult central banks on mandate reviews
Practice less likely to be found in Asia-Pacific and the Americas
Banxico cuts rates by 25bp
Mexican central bank says risks are tilted to the upside
Denmark to join eurozone’s T2 and Tips systems
National Bank of Denmark expects to fully transition by April 2025
Central Bank of Brazil cuts rate by 50bp
Copom says it expects to do the same at its next meeting in May
Malaysia using more yuan and ringgit for trade, BNM says
Central bank says the use of dollars for settlement has remained stable over last 14 years
BoE holds policy rate as MPC flags persistent inflation
Headline price rises forecast to drop below 2% within months, but wage growth remains high
Taiwanese central bank unexpectedly raises rates
Rate-setters warn of potential rise in inflationary expectations amid stronger growth
Monetary policy should account for energy shocks, says study
Energy price hikes may cause spiral of higher unemployment and lower spending, paper says
South Africa reappoints Kganyago and top executives
Mampho Modise to replace Kuben Naidoo as central bank’s deputy governor