Small, open economies can create “substantial” spillovers when setting monetary policy, contrary to standard theory, new research from the International Monetary Fund finds. In a working paper, authors Marijn Bolhuis, Sonali Das and Bella Yao construct…
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Tito Mboweni, former governor of the South African Reserve Bank and anti-apartheid campaigner, died on October 12. In a statement, the Sarb said Mboweni had died after a short illness. “Mr Mboweni’s passing is a…
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Central banks should collaborate on cross-border CBDCs – Nagel – Central Banking End of drawer navigation content Skip to main content Bundesbank president talks of “historic opportunity” to improve payments and avoid risk Central bank…
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National Bank of Romania renews veteran governor’s tenure – Central Banking End of drawer navigation content Skip to main content Mugur Isărescu, who has headed bank for more than 30 years, appointed to new five-year…
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People: IMF appoints general counsel – Central Banking End of drawer navigation content Skip to main content Bank of Russia names new monetary policy head; Rob Brand becomes DNB’s chief investment officer Yan Liu Washington,…
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When central bank are designing digital currencies they should make it as easy as possible for consumers to adopt them, research from the European Central Bank (ECB) says. The paper, published on September 18, argues…
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You served under more than half-a-dozen Reserve Bank of India (RBI) governors. What key changes in communications did you implement and experience during those times? Well, that’s my whole book going into 250 pages! But,…
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Staff at the International Monetary Fund (IMF) have proposed renewing a key borrowing tool for a further five years, even though it is being scaled down. A policy paper published on September 13 sets out staff…
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Previous CBDC research based on outdated assumptions – ECB paper – Central Banking End of drawer navigation content Skip to main content Authors say rejecting digital cash would have adverse unintended consequences The issuance of…
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Costa: communication was key during high inflation period – Central Banking End of drawer navigation content Skip to main content Chile’s central bank governor says explaining price rises to public brought new challenges Rosanna Costa,…
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