Ravi Menon has been reappointed as managing director of the Monetary Authority of Singapore for two more years, having already spent 12 years in the role. The Monetary Authority of Singapore made the announcement in…
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A round-up of news and salient issues that have affected central bankers in the past three months by : Source link
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Quantitative tightening and forward guidance need to be rethought, experts argued at a conference hosted by the Federal Reserve Bank of Atlanta on May 15. Kristin Forbes, a professor of management and global economics at…
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A round-up of central bankers in the news and on the move during the past three months by : Source link
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The Bank of Japan has explored the idea of allowing a single user to have multiple central bank digital currency (CBDC) accounts while still imposing holding limits on them. In a report published on May…
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It was a challenging year for communications staff at central banks. Surging global inflation prompted many central banks to begin the fastest monetary tightening cycles in decades, putting pressure on communications specialists to keep the…
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Kenya’s president William Ruto has nominated his adviser Kamau Thugge as the next central bank governor, despite his implication in a financial scandal. Thugge was arrested in 2019 on corruption charges, with another senior civil…
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Distributed ledger technology can improve cross-border payments, the New York Fed and the Monetary Authority of Singapore found in phase two of their joint project, known as Cedar. The two central banks linked their digital…
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Leaks relating to European Central Bank monetary policy are frequent and have a “sizeable impact on financial markets”, finds research published by the ECB on May 19. Authors Michael Ehrmann, Phillipp Gnan and Kilian Rieder note…
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Robert Lucas, who won the Nobel Prize in economics for groundbreaking work on rational expectations, died on May 15. He was 85. Lucas spent the majority of his academic career at the University of Chicago,…
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