Central Banking
Lagarde warns against easing regulations
Further efforts are needed to address too-big-to-fail and leveraged lending, Lagarde says
Central Bank of Liberia officials arrested over banknote allegations
Kroll report finds “discrepancies” in CBL’s handling of two banknote contracts
Costa Rica has significantly improved inflation targeting – IMF staff
IMF report welcomes end to governors’ terms being linked to presidential elections
Timing of US intraday payments may be useful signal – New York Fed paper
Lenders made intrabank payments earlier once Fed expanded balance sheet, researchers say
Bernanke argues for ‘time-limited price targeting’ policy framework
Committing to make up inflation shortfalls in past year would avoid overshooting, paper finds
Bundesbank paper analyses G10 currencies
Industrialised countries’ currencies differ in their influence on each other, researchers find
Venezuela uses stealth to sell gold reserves – reports
Maduro regime allegedly removed 8 tonnes from central bank last week
Weidmann given second term leading Bundesbank
Deutsche Bundesbank’s distributable profit rises to €2.4 billion
Portugal’s parliament rejects call for central bank governor to quit
But Carlos Costa will testify before inquiry regarding allegations involving state-owned bank
RBI and Indian government boost banking sector as election nears
Central bank injects liquidity into banks as government re-capitalises more state-owned lenders
IMF paper sets out growth-at-risk framework
Tool for assessing macro-financial conditions likely to enhance surveillance, authors say
Slovak finance minister will be next central bank governor
President chooses Kažimir at very late stage as central bank attacks police over employee arrests
Regulators must not be too strict in a crisis – BIS paper
Cyclical capital requirements should account for downturns as well, author argues
Slovakian central bank condemns police after staff are arrested
NBS alleges criminal behaviour by owners of failed firm and their “protectors” in the police
Brazilian senate confirms new central bank president
Roberto Campos Neto arrives to the Central Bank of Brazil after 18 years at Banco Santander
Norway’s oil fund reports worst annual results since 2008
Volatile equity markets were main reason behind return of –6.1%
Powell hints at long-term goals for Fed balance sheet
Proposed reserves buffer is more than enough, Charles Goodhart says
Trump’s tariffs may have caused inflation – researchers
Estimates indicate tariffs may have already contributed 0.1 percentage points to CPI, authors find
Polarised labour market has left low-skilled workers vulnerable – research
Technology and globalisation have hit wages of less skilled urban workers, says David Autor
Central Bank of Kenya governor attacks new banking law
Patrick Njoroge says the law could be “devastating” for the Kenyan economy
BoE refocusing strategy for 2019–20
Central bank seeks to achieve progress despite budget remaining flat in nominal terms
Foreign banks expect Fed proposal imminently
New framework for tiering foreign bank requirements could come as early as this week
ECJ rules that Latvian governor was unlawfully removed
Latvian authorities failed to produce convincing evidence of wrong-doing by Ilmārs Rimšēvičs – ECJ
NBKR cuts rates as deflation bites
Broad-based drop in prices prompts 25bp rate cut