Central Banks
ECB holds rates again, cuts inflation projections
Lagarde hints that any cut is likelier in June than April, says bank is watching wage data
Sanctions will trigger reserves diversification, official says
Central Banking Spring Meetings: Speakers say geopolitics impacting reserves and inflation outlook
Malaysian central bank holds rate
Monetary authority and government working together to encourage inflows to shore up currency
Thailand forges ahead with virtual banking
BoT to accept applications to open virtual banks from March 20
BIS research points to ‘slower disinflation ahead’
Breakdown of post-Covid surge finds services prices playing bigger role
Minimum reserves are stabilising force – Bank of Italy study
Paper compares different mechanisms and their utility in floor and corridor regimes
Egyptian MPC raises rates and devalues currency
Moves after UAE's $35 billion investment make IMF deal more likely
Bosnia’s reserves rebound after asset reshuffle
Central bank’s vice-governor cautions against premature rate cuts in face of geopolitical risks
Trial opens in Vietnam over alleged multi-billion dollar fraud
Accused include real estate tycoon and 15 former central bank officials
Fight against money laundering must continue, Somali official says
Somali central bank aims to enhance transparency over financial flows, says deputy governor
NBER paper tracks shift to ‘arms-length’ finance
Authors assess three drivers of move from bank lending to securities-based finance
ECB warns Hungarian law could harm central bank’s independence
Bid to expand executive board powers comes amid growing rift between governor and prime minister
Dallas Fed chief says pace of QT may need to slow down
Lorie Logan argues US central bank should take more measured approach to normalising balance sheet
US students struggling to repay loans after end of relief – study
Survey found borrowers unable, or unwilling, to service debt after pandemic support ceased
Natural rate is rising in US and eurozone, BIS study finds
Research adds to debate on metric but warns it is “blurry guidepost” for monetary policy
China sets 5% growth target
Economists question whether government can achieve GDP goal, given weakness in economy
Irish central bank says payments strategy needs drastic change
Deputy governor says sector is slow to change and backs draft “access to cash” law
Pill says BoE has focused too hard on inflation forecast
Chief economist argues “richer and more robust analysis” is needed
Supply shocks driving eurozone inflation, ECB study finds
Rising food and energy costs are main contributors, along with hangover effects from pandemic
BoE has ‘more to do’ after compliance breaches
UK audit office says more than 40% of staff still did not feel free to raise concerns in 2023