China is planning to pay public sector workers in the city of Changshu using its central bank digital currency (CBDC) from May, according to documents posted on government websites. Government employees as well as staff…
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For the third year in a row, email is the most popular tool for internal communication among central banks, data from the Communications Benchmarks 2023 shows. All the 40 central banks that took part in…
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Rosanna Costa, Central Bank of Chile The governor of the Central Bank of Chile warned a constitutional drafting committee that a full employment mandate could conflict with price stability. Rosanna Costa appeared on April 25…
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Basel: The Bank for International Settlements has appointed Gaston Gelos as the new deputy head of its monetary and economic department (MED), for a five-year term. He will also be head of financial stability policy.…
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The European Central Bank’s governing council has approved the third set of design options for the digital euro. The model, released on April 24, would make the central bank digital currency accessible through existing banking…
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Bank for International Settlements, Basel Emerging market economies (EMEs) avoided full-blown crises during the recent global tightening cycle and bank failures despite liquidity strains, Bank for International Settlements research finds. The paper compares stresses in…
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Central banks’ communication teams typically use a mix of two-way channels to interact with the public, with email and social media being the top two most common tools. In the Communications Benchmarks 2023, 95% of…
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Megan Greene is to succeed Silvana Tenreyro as an external member of the Bank of England’s monetary policy committee (MPC). Greene is currently global chief economist at consultancy Kroll, and a senior fellow at the…
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The Bank of Israel has specified the factors it is evaluating on whether to issue a digital shekel, highlighting how decisions by the US Federal Reserve, European Central Bank and other institutions will affect its…
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Geopolitical shifts are causing the global economy to fragment into “competing blocs”, which could create a more inflationary environment, Christine Lagarde said on April 17. The European Central Bank president said there could be “profound”…
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