Twenty-five defining moments
Events that shaped the world of central banking during the past 25 years
1989
New Zealand’s central bank is the first to embrace inflation targeting
Inflation climbs to double digits in the 1970s and 1980s, prompting the New Zealand government to hand the central bank a mandate for price stability, along with the operational independence necessary to achieve it, in 1990. The Bank of Canada follows shortly afterwards and begins targeting inflation in 1991.
1990
Fall of the Iron Curtain prompts wave of central bank creation
In the first year after the dissolution of
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Central Banks
2024: The year in central banking
A look back at the biggest and most popular news stories of the year
Central Bank of Ireland defends Israeli ‘war bond’ approval
Critics say bank is complicit in funding genocide, but governor says it is bound by law
Bank of Uganda says it was target of $15 million fraud
Central bank says $8.2 million now recovered, but denies staff were involved or that its IT systems were hacked
Moldovan central bank launches digital auto insurance certificate
National Bank of Moldova moves away from paper to encourage take-up and increase security levels
Lebanese authorities press criminal charges against Salameh
Former central bank governor faces investigation over alleged embezzlement
Clash between Yemen’s central banks escalates
Rival central banks issue retaliatory bans on transacting with financial institutions