Central Banking
BCRA ex-governor Caputo will be Argentina’s economy minister
Central bank halts sales of devaluation hedge bonds
ECB selects possible topics for new banknotes
“European culture” and “rivers and birds” enter final selection phase
Riksbank governor calls on property companies to reduce debt
Thedéen warns monetary policy “needs to remain contractionary”
Four foreign banks tap into digital yuan market
Standard Chartered and HSBC enable clients in mainland China to access e-CNY services
BIS says CBDC can be monitored without personal information
Project Tourbillon dashboard allows aggregate-level monitoring
Basel Committee mulls mandatory climate disclosures
Proposals envisage ‘iterative process‘ of adding climate risks to Basel framework
PCE inflation falls in the US
Atlanta Fed president says data suggests inflation will only continue to fall
Lower eurozone inflation fuels rate cut speculation
Some analysts expect start of easing cycle earlier in 2024
Bank of Thailand pauses rate hikes after inflation turns negative
Central bank cuts GDP forecasts amid signs of tension with government over fiscal stimulus
Bank of Korea holds rates and raises inflation forecasts
Governor says interest rates could stay high for more than six months
RBNZ’s Orr backs use of indigenous language
Governor defends services in Māori as new government vows to cut use of indigenous language
Karnit Flug on the Bank of Israel’s emergency responses and challenges ahead
The former Israeli central bank governor and current vice-president of the Israel Democracy Institute speaks with Christopher Jeffery about the BoI’s targeted emergency responses, economic uncertainties and central banking independence
Likely Polish prime minister repeats vow to remove governor
Central bank uses billboard to set out message as Tusk says parliament may impeach Glapiński
Uganda central bank cautions against currency ‘bouquets’
Practice makes it impossible to run banknotes through ATMs and counting machines
IMF says Bahamas must tighten monetary financing rules
Country adopted new limits on central bank loans in April, but IMF says cap still too high
FSB warns of spillovers from ‘multifunction’ crypto firms
High risks and poor governance in crypto sector could impact traditional finance, report says
German inflation falls to 2.3% in November
Falling energy prices lower inflation in the eurozone’s main economy
RBA’s Bullock says economic activity is stronger than expected
Australian central bank sees second-round effects as businesses pass cost rises on
Heatwave cost Texas 1% of GDP in 2023, says Dallas Fed research
Higher temperatures have significant effects on productivity, but less on jobs, paper finds
Bank of Israel keeps interest rates unchanged
Yaron warns government over fiscal policy as central bank cuts growth forecast
RBI replaces bank’s management over governance concerns
Supervisors intervene over “poor governance standards” but allow lender to continue operating
ECB paper analyses impact of Chinese financial shocks
“China shocks” affect global commodities and equities, but less than US equivalents, researchers find
Parliamentary committee calls for BoE governance reforms
Report urges simpler mandate, greater “diversity of thought” and regular reviews
Argentina’s Milei struggles to find central bank governor
Two candidates refuse position amid uncertainty over dollarisation plans