Fiscal policy-makers in sub-Saharan Africa should be “cautious” when it comes to forecasting the deficits they can finance, allowing for the possibility of losing market access, the Bank of Uganda deputy governor has said. Louis…
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‘Say what?’ Trust in central bank communications – Central Banking Central banks are changing how they communicate with different audiences, but judging the success of these communication efforts is difficult The European Central Bank is…
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The US Federal Reserve’s Eccles Building As the Covid-19 pandemic began, the Federal Reserve Board’s ethics advisers recommended officials limit personal investing activities. In an email sent on March 23, 2020, ethics personnel urged Fed…
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Agustín Carstens has driven the ‘Innovation BIS 2025’ strategy The Bank for International Settlements says it has coped well with the coronavirus pandemic, but it has chosen not to pay a dividend for the first…
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The Reserve Bank of Australia’s renovated head office in Sydney will be equipped with solar panels and a “rainwater harvesting system” when completed later this year. According to the RBA’s latest annual report, the renovations are just one of the RBA’s initiatives to decrease its own carbon footprint and ensure…
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Washington, DC: The managing director of the International Monetary Fund has nominated Kenji Okamura as the fund’s next deputy managing director. The IMF said Kristalina Georgieva had made her nomination known to the fund’s board of…
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Despite rapid progress on research into central bank digital currencies (CBDCs), more work is needed in some important areas, a Bank for International Settlements working paper says. Raphael Auer and co-authors identify cross-border CBDCs as…
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In March 2019, Central Banking launched its second annual FinTech & RegTech Global Awards to showcase some of the groundbreaking projects being undertaken in the community. The results are revealed in the awards articles published…
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The Central Bank of Armenia In contrast to the 2013 ‘taper tantrum’, the Federal Reserve’s actions to dial back monetary easing could be good news for many emerging market economies (EMEs), Martin Galstyan, governor of…
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UK debt still seen as ‘safe haven’ asset despite Brexit The UK’s first two gilt auctions since voting to leave the European Union were met with high demand, this week – in particular the 10-year…
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