Central Banks
RBA governor welcomes housing market slowdown
Lowe says slower credit growth is “positive”, as wider economy heats up
Carney warns no-deal Brexit would squeeze real income
Governor informs Treasury Committee of household “real income squeeze” in the event of a no-deal Brexit; Mervyn King calls government’s Brexit preparations “incompetent”
BoE study finds ‘relatable’ communications boost trust and understanding
Communications that are relatable to people’s lives work best, behavioural experiment finds
IMF points to greater price pressures in Tunisia
The fund and national authorities agree on policies to complete fourth review of support programme
Bank of Spain paper looks at G20 regulatory agenda
“Globally significant” banks’ perceived risk likely to rise, researchers say
St Louis Fed’s Bullard thinks Fed should hold
Flatter yield curve and moderate inflation in US suggest monetary policy shouldn’t be tighter, president says
Fed paper presents method to better estimate systemic risk
Authors find their approach outperforms several commonly used systemic risk indicators
Supervisory lessons: management traits of problem banks
Former Bank of Spain head of supervision Aristóbulo de Juan highlights the lessons he has learnt about the management of problem banks and how to stop dangerous activities before they take hold – in the first of a four-part series on supervision
Foreign jurisdictions could disrupt European payments, Mersch warns
EU must end reliance on foreign-based payment card providers, ECB official says
Inattention helps explain flat Phillips curve – Fed paper
Inflation may be less sensitive to shocks because people are not paying attention, authors say
Turkish deputy governor resigns to join development bank
Erkan Kilimci was appointed to role in May 2016 and held MPC seat
BIS paper weighs economic impact of macro-prudential policy
Cutting the LTV ratio leads to reduced output in emerging markets, authors find
Carney signals ‘willingness’ to stay at BoE
Governor implies he is “willing” to serve another year, though decision falls to Treasury
RBI’s Kanungo warns on fiscal imbalances
State governments have borrowed heavily, making the RBI’s job harder, the deputy says
The Bank of England’s missing records
Central banks need to implement robust archiving frameworks, should they want to maintain public trust and learn from the lessons of the past, writes former Bank of England official historian Forrest Capie
IMF says Chad and BEAC reforms must continue
Multi-state African central bank must make changes to policy framework, IMF staff say