People
Robert Lucas, 1937–2023
Nobel Prize-winner became famous for “revolutionary” work on rational expectations
Kenyan president nominates ally as governor despite scandal
Former IMF official Thugge likely to succeed Njoroge, despite 2019 arrest over dam allegations
People: ECB seeks new supervision chief
Andrea Enria nears term end at SSM; Bank of Canada appoints deputy; Israel names SWF head
Ravi Menon reappointed as MAS chief for two more years
Menon was previously rumoured to be leaving his long-held post
Biden nominates Jefferson as Fed vice-chair
President chooses first Latinx candidate for Fed board, and names Cook for full term
Central banks have ‘long way to go’ on gender equality – IMF paper
“Multidimensional survey” finds eight major central banks are unequal on many metrics
China appoints Li Yunze to head new financial regulator
Li is set to supervise most of China’s financial industry
Brazil’s president selects ally for central bank board
Lula has repeatedly attacked central bank independence as well as the governor
Book notes: States and the masters of capital, by Quentin Bruneau
Chronicling the practices and players involved in privately financed sovereign debt
World Bank board elects Ajay Banga president
Former Citigroup and Mastercard executive succeeds controversial Malpass
Kenya commission publishes shortlist to succeed Njoroge
Six candidates on list to succeed governor, whose final term ends in June
Fed inspector says FOMC should look at extending trading rules
Internal watchdog also finds shortcomings in enforcement and review
ECB says Hungary has infringed central bank autonomy
Frankfurt says restrictions on bond buying interfere with monetary policy
People: BIS appoints deputy head of MED
Riksbank to shrink board; De La Rue chair resigns; Hungary appoints MPC members
Brazilian governor rejects senator’s rate cut ‘plea’
Campos Neto says he leads a “technical body that makes technical decisions”
IMF code drives reform of central bank transparency
Dmytro Solohub says pilots of new transparency code have already fostered change
Menon set to leave MAS this year – reports
Former MAS assistant managing director tipped to take over the role
Slovak prime minister urges governor to resign after bribery conviction
Peter Kažimír denies corruption and says he will defend himself in higher court
Cuba will again allow dollar cash deposits
Decision reverses ban in place since June 2021
Megan Greene to join Bank of England MPC
Kroll chief economist will succeed Silvana Tenreyro later this year
Boston Fed expands programme to get people back into work
FedNow created high demand for IT roles, which sparked programme’s inception
People: First governor of Congo central bank dies aged 92
Deputy governors depart in Canada and Sweden; and more
Rates round-up: Kenya raises rates to highest since 2018
Sarb adds 50bp more as economy struggles; Zimbabwe cuts 1,000bp; Mozambique holds
Lagarde slightly injured in car accident
ECB president was departing Euro Summit