Independence
Chilean governor leaves central bank to become finance minister
Mario Marcel led central bank through period of social unrest and Covid-19 pandemic
Pakistan’s central bank asks government to rethink Afghan scheme
Channelling donations to Afghanistan might violate international regulations, central bank warns
Norges Bank appointment process stirs debate on independence
Nato chief and former prime minister Jens Stoltenberg is proving a controversial governor candidate
Nagel warns high inflation could last longer than expected
New Bundesbank president says monetary policy should monitor climate change risks
Turkish central bank announces $10 billion one-day profit
Move follows president’s pledge on dollar deposits amid evidence of worsening economic crisis
Mexican government announces CBDC for 2024
Bank of Mexico has yet to comment publicly on the initiative
IMF finds Argentina bailout ‘did not deliver on its objectives’
Largest-ever IMF loan was ineffective and “not sufficiently robust”
Turkey’s Dornbusch moment
Turkey’s new deposit scheme sets the stage for hyperinflation, writes Barry Eichengreen
Turkey’s currency hits new low after further rate cut
CBRT says it is intervening on foreign exchange markets as Erdoğan raises minimum wage
Podcast: Oliver Wünsch on a solution to eurozone fragmentation risks
A common fiscal authority could offer stability, but would require sharing more sovereignty
Pakistan confronts inflation with 100bp hike
Third consecutive increase may be last for a while, MPC says
Book notes: Shades of sovereignty, by Paul Wilson
An essential and stimulating read for central bankers thinking about the monetary history of their state in relation to its historical perspective and broad international trends
Tackling surging inflation
Central banks around the world are grappling with rapid price rises, with some taking very different routes to one another
Mexican senate approves new governor
Victoria Rodriguez will become first female governor of the Bank of Mexico
How Turkey’s president created chaos in economic policy-making
Observers allege presidential domination of the central bank, unauthorised FX transactions and untrustworthy statistics
IMF mission worried about Mongolian central bank
Bank of Mongolia’s operational independence has been compromised, says fund
Central bank independence helps build reserves – researcher
Latin American central banks given independence built up strong FX reserves, paper finds
Mexican president nominates first female governor
Victoria Rodriguez has been undersecretary of finance in the current administration
Mexican president withdraws nomination of new governor
López Obrador had chosen former finance minister to lead Bank of Mexico from January 1
Turkish currency hits new low as central bank cuts rates again
Move follows Erdoğan’s dismissal of two deputy governors and one MPC member
BCB independence and Brazil’s inflation battle
Formal autonomy should help shield central bank from political pressure linked to 2022 elections, but challenges remain
Riksbank opens review of board members’ stock holdings
Investigation will assess whether officials violated “rules of conduct”
Time to stop handing out the pills: the great QE detox
We are facing a serious inflation threat that will test the resolve of central bankers, writes Jagjit Chadha. Central banks must reduce their reliance on QE. But how?
‘Say what?’ Trust in central bank communications
Central banks are changing how they communicate with different audiences, but judging the success of these communication efforts is difficult