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People: new deputy governor at Central Bank of Ireland

People: new deputy governor at Central Bank of Ireland

People: new deputy governor at Central Bank of Ireland – Central Banking Skip to main content End of drawer navigation content Plus appointments at FATF, Financial Stability Board and European Stability Mechanism Colm Kincaid The…

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Interest-bearing CBDCs could be better for depositors – study

Interest-bearing CBDCs could be better for depositors – study

Introducing central bank digital currencies that earn interest would reduce banks’ power in the market, yielding higher rates for depositors, a new study claims. The paper, published on July 9 by the Centre for Economic…

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Failure to appoint deputies ‘a step back’ – Montenegrin central bank

Failure to appoint deputies ‘a step back’ – Montenegrin central bank

Failure to appoint deputies ‘a step back’ – Montenegrin central bank – Central Banking Skip to main content End of drawer navigation content Bank will “continue to implement its mandate” despite parliament not approving its…

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ECB fine-tunes plans for digital euro

ECB fine-tunes plans for digital euro

The European Central Bank has said it has made further improvements to the rule book for the proposed digital euro. In its third progress report, published on July 16, the ECB said it had received “extensive…

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Sino-Egyptian collaboration could reshape global monetary order – expert

Sino-Egyptian collaboration could reshape global monetary order – expert

The growing co-operation between Egypt and China provides further evidence of a shift away from a dollar-based international monetary order, an expert tells Central Banking.  The Egyptian and Chinese central banks signed a memorandum of…

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Will Fed’s HQ cost overruns be enough for Trump to fire Powell?

Will Fed’s HQ cost overruns be enough for Trump to fire Powell?

US Federal Reserve chair Jerome Powell The feud between US president Donald Trump and Federal Reserve chair Jerome Powell has taken a new turn, with the administration’s focus shifting to the $2.5 billion renovations bill…

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Slovak court convicts central bank governor of bribery

Slovak court convicts central bank governor of bribery

Peter Kažimír, the governor of the National Bank of Slovakia, has been found guilty of bribing an official in 2016 when he was finance minister, a special tribunal ruled today (May 29). The judge, Milan…

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Digital euro may benefit banks in ways stablecoins can’t – Cipollone

Digital euro may benefit banks in ways stablecoins can’t – Cipollone

Piero Cipollone this week tried a subtly different approach to persuade lenders in the eurozone to sign up to a central bank digital currency. During a speech on July 10 in the Slovenian capital Ljubljana,…

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Maurice Obstfeld on the trade war’s damage to the monetary system

Maurice Obstfeld on the trade war’s damage to the monetary system

The US has a large trade deficit, rising government debt and a growing disparity in incomes. President Donald Trump believes he is introducing policies to tackle these issues. Yet, you have said he “effectively declared…

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Brazil’s ‘biggest-ever’ heist highlights cyber security gaps 

Brazil’s ‘biggest-ever’ heist highlights cyber security gaps 

Brazil’s ‘biggest-ever’ heist highlights cyber security gaps  – Central Banking Skip to main content End of drawer navigation content Experts say theft, targeting network linking small lenders to central bank, could have been prevented Brazil’s…

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