Central Banking
Nigerian president orders central bank to suspend levy
“Cyber security levy” would have charged 0.5% of most electronic transactions
Research queries monetary policy ability to curb financial crises
“Leaning against the wind” is unlikely to work, New York Fed paper argues
Neutral interest rate likely to rise, paper finds
Several factors are pushing rate upwards, Bank of Canada researchers say
People: RBI appoints senior officials
Liz Oakes to join Bank of England FPC; European Central Bank names head of information systems
Danish central bank asks citizens to vote on new banknote designs
Suggested figures for back of note include polar explorer and Hans Christian Andersen
China to start selling ultra-long term sovereign bonds
Authorities will start selling 30-year bonds as first stage of major fiscal stimulus
IMF says Jordanian economy likely to stay stable
Fund staff forecast inflation will remain low and growth continue despite nearby conflict
HKMA publishes sustainable finance taxonomy
Hong Kong extends scope of green bond subsidy and develops climate risk assessment tool
Malaysian central bank holds policy rate
BNM’s efforts to support the ringgit are paying off, deputy governor says
Turkish central bank raises inflation forecast
Central bank points to high services inflation, food prices and rents as reasons for increase
Uneven US innovation could increase inequality – research
St Louis Fed economist documents rising patent concentration by area
Fed releases guidance on third-party services
Fed board warns of possible operational, compliance, financial and strategic risks
BoE hints at possible cuts before Fed
Rate cuts may exceed market expectations, Andrew Bailey says
EU agrees to use Russian asset profits to support Ukraine
“This is not our decision, but a political one,” says Euroclear chief executive
Maltese prosecutor charges central bank governor with fraud
Scicluna previously denied all wrongdoing while serving as finance minister
Sri Lanka considers new bonds linked to GDP and governance
Restructuring debt could link repayments to anti-corruption reforms
Sweden cuts rates while Norway holds
Norges Bank warns slowing disinflation may mean maintaining rates for longer than it expected
Central banks prepare for the rise of AI
AI will not replace accountability in monetary policy decision-making, MAS chief says
Ukraine’s central bank lifts more currency restrictions
Moves will enable more investment and strengthen economic recovery, NBU says
RBA keeps policy rate unchanged amid sticky inflation
Central bank raises inflation forecasts, as inflation declines more slowly than expected
Bundesbank’s Nagel: central bank business models are changing
Panetta says wholesale CBDC likely to launch sooner than retail; Das gives update on digital rupee
Banxico paper probes forced labour’s lingering effects in Ecuador
High forced labour involvement is associated with decreased descendants’ income
DNB surveys Dutch consumers on CBDC use
Half of the population would not open CBDC current account, study finds
BdF governor: ‘We will need a CBDC’
European central banks should not “lag behind” on CBDC and AI, says François Villeroy de Galhau