Central Banking
Two Latin American central banks raise rates
Colombia’s two MPC dissenters call for steeper hikes; Dominican Republic raises rates 50bp
Romanian and Zimbabwean central banks raise rates
Zimbabwean figures say inflation has reached 72% but observers say this may be an underestimate
Carstens: world may be on ‘cusp of a new inflationary era’
BIS chief warns new inflationary forces “have emerged with a vengeance”
Sri Lankan president appoints governor criticised over ‘bond scam’
New governor was accused of negligence by judicial inquiry over conduct in financial wrongdoing
Vietnam developing crypto legal framework
Country banned crypto as a means of payment in 2017
Presidential ally obtained funds from Zimbabwe central bank
RBZ exchanged Treasury bills at inflated rate as part of giveaway, investigation finds
Brazilian central bank strike escalates
Staff now out indefinitely, interfering with Pix and economic statistics
Dallas Fed research says housing bubbles are ‘brewing’
Housing price expectations may have unanchored from fundamentals, paper finds
Sri Lankan governor resigns amid massive economic crisis
Finance minister also quits as crowds demonstrate against power cuts and food price rises
China expands e-yuan pilot
Beijing to trail use of central bank digital currency outside of Olympic Games centres
Swiss inflation rises above target
Oil prices contribute to inflation that is now above the SNB’s forecasts
São Tomé governor replaced
Central bank chief had challenged prime minister for party leadership
UK authorities investigating LME over nickel trading suspension
Regulators to probe governance at the metals exchange after “disorderly” conditions halted trading
Malawi central bank fund in crossfire of allegations
Audit finds a loss of over $15 million, but some staff claim directors ordered bogus inquiry
Saudi Arabia deposits $5 billion in Egypt’s central bank
Egypt agrees investment from Qatar and UAE, and seeks funding from IMF as wheat prices rise
Eurozone inflation reaches record high of 7.5%
Observers think ECB is increasingly likely to accelerate plans to tighten monetary policy
BoE’s Cleland calls for innovation in wholesale payments
Wholesale payments suffer from inefficiencies despite being critical to financial stability, official says
Mauritania finance minister becomes new governor
Dhehbi succeeds Moulaye Taher, as ex-governor joins new cabinet
Central Banking Awards 2022: the winners in full
Recipients of the 2022 awards include Stanley Fischer, the Bank of Korea, Mario Marcel and many more
Reserve managers weigh risks amid Ukraine crisis
Greater investment in commodity and energy-linked assets could be wise, some experts say
Central Banking Awards 2022: final winners unveiled
Prizes for Central bank of the year, Lifetime achievement, Transparency, Economics and more
US Senate to vote on Cook’s Fed governor nomination
Republicans continue opposition to Biden’s nominee but Democrats force full vote
Project Ellipse: real-time data and the ‘art of the possible’
BIS’s Andrew McCormack and MAS’s Kenneth Gay talk about phase two of the suptech project, which combines real-time news with regulatory data
BoE’s Broadbent highlights perils of forward guidance
Deputy governor warns conditional guidance is often viewed as a promise to act in a certain way