For central banks, words matter. What monetary policy-makers say can guide people’s expectations and move financial markets. Being transparent about an institution’s policies and decisions is also key to maintaining public trust. In challenging times,…
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Head of Romania’s central bank ‘deepfaked’ by scammers – Central Banking End of drawer navigation content Skip to main content The National Bank of Romania The governor of the National Bank of Romania has been…
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The Central Bank of the Republic of Turkey Turkey’s central bank governor stepped down after just over six months in the role, with the president replacing her with one of her deputies. Hafize Gaye Erkan…
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Reserve Bank of Australia (RBA) staff are considering taking industrial action after the latest round of wage negotiations with the central bank left them unsatisfied. The RBA has offered a 11% pay rise over the…
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The Bank of Russia is holding consultations with delegates from the Brics economic bloc and other friendly countries over the cross-border use of central bank digital currencies (CBDCs), Russian state media has reported. The bank’s…
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Gender inequality is a drag on economic growth and innovation, said Central Bank of Chile (BCCh) governor Rosanna Costa at the ECCB 40th anniversary global conference/Central Banking Autumn Meetings 2023 in St Kitts, on November 8. “Women…
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The UK’s proposed central bank digital currency (CBDC) has entered the next stage of its design phase after the Bank of England (BoE) and the Treasury on January 25 issued a joint response to last…
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Federal Reserve Bank of Philadelphia US: The Federal Reserve Bank of Philadelphia announced Jeanne Rentzelas would become its new number-two official, starting November 16. Rentzelas will succeed James Narron as first vice-president and chief operating…
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The Chinese government has appointed Lu Lei as a deputy governor of the central bank, in its second such appointment within a short time. It also announced a further series of new appointments to senior…
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Banks’ lending to ethnic minorities is impacted by how averse their stakeholders are to inequality, researchers at the Federal Reserve Bank of New York find. Bank lending to ethnic minorities varies substantially, authors Matteo Crosignani…
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