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Trump says Yellen still in the running for renewed term
US president says he would consider reappointing Janet Yellen, although others are in contention
Belize launches next phase of payment overhaul
Cheque payments which would have taken up to a week will be processed within 24 hours under new system
Bank of Russia removes licensing powers from regional offices
Observers differ over effectiveness of central bank’s efforts to clean up banking system
Quotes
As internet access increases and encryption technology improves, digital currencies have the capacity to reduce operating costs, increase efficiency and enable a wide range of new applications
Fan Yifei, PBoC deputy governor
I have always strived to maintain the appropriate balance between transparency and confidentiality, but I regret that in this instance I crossed the line to confirming information that should have remained confidential
Jeffrey Lacker, former president, Federal Reserve Bank of Richmond
Market discipline is done away with by interventions by the ECB. So there is no fiscal control mechanism from markets or politics. This has all the elements to bring disaster for monetary union
Otmar Issing, founding executive board member, European Central Bank
If the Americans do not implement the Basel III framework, we Europeans will certainly not introduce the new rules unilaterally – and the whole world will suffer the consequences
Andreas Dombret, member of the executive board, Deutsche Bundesbank
Editor's choice
St Louis’s Bullard on the future of the Fed and its monetary policy record
President James Bullard says Fed monetary policy was a “factor” that fuelled crisis
Trendlines
Latest issue
Comment
Draghi, quo vadis?
BoJ faces growing communications challenge
Fixing the ‘perverse incentives’ in the SLR
Our Take
Are central banks allowing markets to get a bad name?
Tackling the ‘human agency’ problem
Basel action needed before ‘regulatory cycle’ turns
Evolution of monetary policy in advanced economies spells trouble for emerging markets – paper
Neutral rate down to around 3.5% in New Zealand – RBNZ deputy
Paper proposes method to estimate network of exposures
Jaime Caruana defends pre-crisis record as Bank of Spain governor
BoE’s Brazier warns lenders of ‘spiral of complacency’
IMF research flags technology’s role in falling labour share of income