News
US housing prices are moderating, says Fed chair
But other indicators show need for tighter policy, says Jerome Powell
US lender tied to FTX goes into liquidation
Federal government investigating California bank linked to failed crypto exchange
Russia may nominate candidate for World Bank president
Experts think move is meant to embarrass US
China to overhaul financial regulatory system
Proposed changes reduce the PBoC’s role in financial oversight
BIS Project Icebreaker proposes cross-border retail CBDC model
Central banks used smart contracts and worked with FX providers to cut costs and risk
Blanchard and Summers say higher inflation likely to persist
Veteran economists say structural factors are likely to push up neutral rate and inflation
Bolivia sells dollars to public as reserves dwindle
Analysts say central bank may not be able to defend its peg much longer
Lebanese judge to interview central bank governor
Second judge summons Salameh over allegations as observers say governor could extend term
Lane sees tentative signs of easing in underlying inflation
ECB officials stress need to keep tightening monetary policy in the months ahead
IMF raises borrowing limits amid ‘challenging’ environment
Managing director calls on members to contribute more resources
Rates round-up: Australia signals more tightening to come
Guatemala and West African states increase rates, while Jamaica raises reserve requirement
Russian payment system to start operation in Cuba soon
Ambassador says Mir will help Cuba counter effects of embargo
To repo or to buy? Non-bank liquidity backstops still elusive
BoE’s Hauser and Fed’s Logan flag major design challenges in building ideal market backstop
China sets modest growth target ahead of leadership reshuffle
Outgoing premier Li calls for accommodative policy and warns of property sector risks
Chicago Fed used search firm that employed Goolsbee’s wife
Board says it was aware of Robin Goolsbee’s employment
BoE tells LME Clear to fix governance failings
Regulators open “enforcement investigation” into nickel market disruption
Pakistan raises rates by 300bp as default risks rise
Authorities struggle to collect taxes and unlock IMF funds
What is happening to US wages?
Economists disagree over causes of real wage stagnation
Australian treasurer welcomes chance to ‘refresh’ RBA board
Chalmers does not recommit to extending Philip Lowe’s term as governor
People: IMF appoints western hemisphere head
Nepal’s first central bank governor dies and Israel bank supervisor steps down
Bundesbank reports first loss in over 40 years
Decision not to pay a dividend comes after ECB reported losses last week
Currency round-up: Ukraine issues war anniversary note
Caymans redesigning banknotes; Travelex expands wholesale business; and more
End dependence on central bank financing, Ukraine governor says
Supervisors will start evaluating banks in April as IMF considers increased financing
RBA official raises concerns over CBDC
Central bank proceeding with pilot despite potential drawbacks