News
Basel Committee chair reflects on CCyB effectiveness
Pablo Hernández de Cos suggests review of counter-cyclical buffer as uses of tool diverge
Taliban appoints new governor to Afghan central bank
Hidayatullah Badri was acting finance minister and previously ran Taliban’s finances
World faces ‘new investment regime’, says Mauritian governor
Seegolam says “bonds are back” but FX will be volatile
CAR to drop crypto as legal tender
Country bows to pressure from partners in regional monetary union
Central Banking Awards 2023 – the winners in full
Awards recognise extraordinary achievements by central banks and their partners in the past year
Governance Benchmarks 2023 charts
Take a deep dive into the Governance Benchmarks charts, which have just been released for 2023
Riksbank governor stresses Swedish banks’ strength
Thedéen says “inflation needs to come down significantly” in 2023
Nigeria and Morocco raise rates
Inflation hits record level in Morocco and remains high in Nigeria
IMF review finds flaws in Covid-19 response
Key departments lacked sufficient staff and fund missed surge in inflation, IEO report says
Norway and Iceland raise rates as inflation stays high
Iceland’s governor warns of wage-price spiral and says economy is overheating
Moldova cuts rates while North Macedonia tightens
Inflation falling in both countries as Moldova confronts drought and energy problems
BIS to trial Asian instant payments link
Project Nexus aims to create standardised cross-border link for different countries’ systems
People: January to March 2023
A round-up of central bankers in the news and on the move during the past three months
SNB increases rates by 50bp in wake of Credit Suisse crisis
Swiss central bank sold Sfr27 billion in foreign currency in Q4 to tighten financial conditions
Brazilian MPC holds rates despite pressure
President says policy rate is “absurd” but MPC says expectations not yet anchored round targets
Costa Rica cuts rates, bucking Latin American trend
Argentina resumes monetary tightening, while Paraguay continues to hold
Three Asian central banks raise rates
Central banks in Taiwan, the Philippines and Hong Kong continue with monetary tightening
BoE tightens policy after inflation surprise
Hot February inflation figure prompted policy-makers to continue tightening
MAS set to build digital platform to tackle financial crimes
Central bank will develop an information-sharing platform with six leading banks
Fed raises rates 25bp and signals possible halt soon
Credit tightening may substitute for further rate hikes, Powell says
Lagarde lays out ECB’s data-dependent rate path
ECB president stresses bringing inflation to target is “non-negotiable”
Eurozone banks not directly hit by US stress, says Enria
Head of ECB supervision says mid-sized US banks enjoy more lenient stress tests
Central Banking Awards 2023: final group of winners revealed
Awards recognise lifetime achievement of Stefan Ingves, as well as reserves management, currency, technology and more
Yellen flags ‘contagious bank run’ risk
US Treasury secretary pledges small banks will gain 100% deposit insurance if needed