Saudi Arabia’s central bank has joined the Bank for International Settlements’ (BIS) cross-border central bank digital currency (CBDC) project, mBridge, as a participant, after being an observing member. On June 5, mBridge’s members also launched…
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Central banks are focusing their external communications more on traditional media than social media for a second consecutive year, the Communications Benchmarks 2024 find. The average proportion of external communications implemented via traditional media –…
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On May 29, the Federal Reserve Bank of Cleveland announced Beth Hammack will serve as its next president and chief executive. Hammack will assume office on August 21, 2024, in time to serve as a…
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BIS’s Zhang Tao on why Asian central banks favour a broader policy mix – Central Banking End of drawer navigation content Skip to main content The BIS’s Asia chief speaks with Christopher Jeffery and Jimmy…
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Most central banks have plans to overhaul their website in the next two years, data from the Communications Benchmarks 2024 shows. Twenty out of 34 central banks (59%) that responded to the newly added question…
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Sveriges Riksbank governor Erik Thedéen will take over as chair of the Basel Committee on Banking Supervision, the committee’s oversight body said on May 13. The Group of Governors and Heads of Supervision (GHOS) appointed…
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François Villeroy de Galhau Central banks would need both wholesale and retail digital currencies, the Banque de France’s (BdF) governor said on May 6. They needed to take risks, rather than wait for “absolute certainty”…
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Central bank communications is a multifaceted operation, from internal to external stakeholders and audiences ranging from specialised economists to the media and general public. Demographics, technology adoption and even geography can affect how central banks…
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The Reserve Bank of India (RBI) is set to transfer 2.1 trillion rupees (approximately $25 billion) in dividends to the country’s government, more than double the amount from last year. The figure represents a 141%…
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Martin Gruenberg, chair of the US Federal Deposit Insurance Corporation, is stepping down after a review found the regulator had failed to deal with widespread cases of misconduct, including complaints against the chair himself. “In…
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