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Central banks must rethink how they speak

Central banks must rethink how they speak

Over the past two decades, central banks have become more transparent than ever before. They publish interest rate projections, hold press conferences, release detailed minutes and conduct extensive outreach. Yet, as the recent VoxEU article Fed communication…

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Supreme Court ruling raises storm clouds for Fed

Supreme Court ruling raises storm clouds for Fed

Legal experts have criticised a recent ruling by the Supreme Court of the United States (Scotus) that effectively upheld President Donald Trump’s decision to dismiss two members of independent government agencies. The decision, they say,…

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Central banks must rethink their accounting treatment of money

Central banks must rethink their accounting treatment of money

In a recent study, Stijn Claessens, Thomas Glaessner and Daniela Klingebiel raised a crucial alarm: central banks are becoming more vulnerable financially. They argue that, amid today’s rising economic and political uncertainties, central banks must rethink…

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MNB governor signs co-operation agreement with PBoC

MNB governor signs co-operation agreement with PBoC

Hungary and China’s central banks have signed an agreement to continue sharing knowledge on topics such as “green finance, combatting cyber fraud and ensuring financial stability”. The agreement was signed yesterday (June 18) in Shanghai, where…

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Quarles to lead review of FSB monitoring

Quarles to lead review of FSB monitoring

Randal Quarles, former vice-chair for supervision at the US Federal Reserve, is to lead a review of implementation monitoring at the Financial Stability Board (FSB), as scrutiny of national rulemaking becomes a greater priority for…

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A fireside chat with BIS head Agustín Carstens

A fireside chat with BIS head Agustín Carstens

What inspired you – and kept you motivated – to work in the public sector, whether in the executive, in central banking or at multilateral institutions? My experience of inflation probably was the origin of…

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Forecasting and narratives under uncertainty

Forecasting and narratives under uncertainty

Forecasting and narratives under uncertainty – Central Banking Skip to main content End of drawer navigation content Jagjit Chadha argues the Bank of England should deploy better analysis as the basis for clearer communication I…

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Rule of law of ‘highest relevance’ for central banks – Elderson

Rule of law of ‘highest relevance’ for central banks – Elderson

Central bankers thrive when the rule of law is strong, a member of the European Central Bank’s board has said. In an address yesterday (June 9) before Italy’s constitutional court in Rome, Frank Elderson said…

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Auditors need to make friends and influence people – DNB official

Auditors need to make friends and influence people – DNB official

Internal auditors in central banks should improve their people skills, focus on communication and “connect the dots”, an executive board member of the Netherlands Bank has said. Speaking today (May 23) at a conference for central…

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Olaf Sleijpen to step up to DNB presidency

Olaf Sleijpen to step up to DNB presidency

Olaf Sleijpen to step up to DNB presidency – Central Banking End of drawer navigation content Skip to main content Klaas Knot says his successor embodies “substance, integrity and the ability to forge connections” Olaf…

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