News
BIS says central banks must act ‘decisively’ on inflation
Tightening policy hard and fast may be central banks’ best shot at engineering a soft landing
BIS balance sheet buffeted by market turbulence
Institution still turned a profit in the year to March 2022
Former RBNZ official questions board pick
Central bank and Treasury deny former NZ Post chair has disqualifying conflict of interest
Fed finds major banks able to withstand ‘severe recession’
All banks pass stress test despite tougher scenario than in 2021
BSP raises rates by 25bp, while Indonesia holds
Economist warns Philippine central bank’s action may not be enough to bring inflation down
Bank of Mexico orders largest-ever rate hike
Mexico matches Fed as inflation continues well above target
US senator attacks regional Fed over fintech firm’s payments access
Kansas City Fed president Esther George refuses to release correspondence about terminating account
Bolivian central bank wants to become sole buyer of gold
Proposal would allow BCB to use gold reserves as collateral or swap them for foreign exchange
Trinidad and Tobago court rules governor’s dismissal illegal
Rambarran receives damages over 2015 firing but replacement will continue in office
People: RBA and Norges Bank appoint deputy governors
Timothy Lane retires from Bank of Canada; BIS appoints deputy banking chief
BoJ board members concerned over yen’s volatility
Rate-setters differ over implications of currency depreciation, minutes show
Chaos around Lebanese central bank grows
Audit due to recommence but judge says governor cannot be found by police, reports say
Paraguay continues rate hikes despite economic contraction
Central bank raises policy rate for 11th month in a row, as GDP growth falls
Iceland meets high inflation with second 100bp hike
MPC forecasts more increases as Nordic country confronts internal and external pressures
Exit from bond yield target was ‘disorderly’, admits RBA
Central bank says it is unlikely to use yield curve targeting again
BIS: the future of money is not crypto
Hyun Song Shin lays out vision of payments innovation backed by CBDC
Panama’s president vetoes parts of crypto law
Bankers’ association also opposes law, which president says lacks AML protections
Hungary raises supplemental rate as currency hits record low
Central bank will make greater use of FX swaps as deputy governor says inflation will fall
Laos selects new central bank governor
Parliament elects Bounleua Sinxayvoravong as part of government reshuffle
Swedish financial regulator to become next Riksbank governor
Erik Thedéen will replace Stefan Ingves as Riksbank’s head
China keeps key lending rates unchanged despite US rate hike
Chinese inflation remains subdued and there are signs of a marginal improvement in the economy
People: IMF names new Asia-Pacific head
New deputy governors in Jamaica and Azerbaijan, and more
Lebanese judge orders probe into central bank chief to continue
Chief prosecutor wants to file charges of financial crimes against Riad Salameh
Yen weakens further as BoJ stands by loose policy
Central bank stresses commitment to defending yield curve control despite exchange rate worries