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Nigerian president suspends governor – Central Banking

Nigerian president suspends governor – Central Banking

Nigeria’s newly elected president suspended the central bank governor on June 10 after placing him under investigation. Bola Tinubu appointed one of the Central Bank of Nigeria’s (CBN) four deputy governors, Folashodun Adebisi Shonubi, as…

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Major central banks set out CBDC policy debates

Major central banks set out CBDC policy debates

The Bank for International Settlements and seven leading central banks outlined key policy debates around issuing central bank digital currency (CBDC) in a paper published on May 25.  While they are at different stages of…

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Around half of communications staff hold master’s degree or above

Around half of communications staff hold master’s degree or above

Around half of central banks’ communications staff have a master’s degree or a PhD, data from the Communications Benchmarks 2023 suggests. Central banks were asked to indicate the proportion of their communications staff with PhD,…

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To govern well, manage ‘enterprise’ risk

To govern well, manage ‘enterprise’ risk

Risk management now receives a lot of attention in most organisations. Central banks are no exception. Indeed, risk management is often promoted under the acronym ‘ERM’, standing for ‘enterprise risk management’. But that acronym can…

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Ravi Menon reappointed as MAS chief for two more years

Ravi Menon reappointed as MAS chief for two more years

Ravi Menon has been reappointed as managing director of the Monetary Authority of Singapore for two more years, having already spent 12 years in the role. The Monetary Authority of Singapore made the announcement in…

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Banknotes: April to June 2023

Banknotes: April to June 2023

A round-up of news and salient issues that have affected central bankers in the past three months by : Source link

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Quantitative tightening and forward guidance need rethink, say economists

Quantitative tightening and forward guidance need rethink, say economists

Quantitative tightening and forward guidance need to be rethought, experts argued at a conference hosted by the Federal Reserve Bank of Atlanta on May 15. Kristin Forbes, a professor of management and global economics at…

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People: April to June 2023

People: April to June 2023

A round-up of central bankers in the news and on the move during the past three months by : Source link

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BoJ explores holdings limits for CBDC accounts

BoJ explores holdings limits for CBDC accounts

The Bank of Japan has explored the idea of allowing a single user to have multiple central bank digital currency (CBDC) accounts while still imposing holding limits on them. In a report published on May…

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Communications Benchmarks 2023 – executive summary

Communications Benchmarks 2023 – executive summary

It was a challenging year for communications staff at central banks. Surging global inflation prompted many central banks to begin the fastest monetary tightening cycles in decades, putting pressure on communications specialists to keep the…

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