Central bank digital currencies could struggle to find an audience, two senior experts in the field say. In interviews at the conclusion of the Central Banking Spring Meetings, the experts indicate that a lack of…
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Peter Kažimír: calls for resignation Slovak authorities have called on central bank governor Peter Kažimír to resign, following his conviction for bribery by the country’s special criminal court on April 13. The court sentenced Kažimír…
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Central bank digital currency is “changing the very nature of the international monetary system”, said Tobias Adrian, financial counsellor at the International Monetary Fund. Speaking at the IMF and World Bank Spring Meetings on April…
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Central Bank of the Philippines Philippine central bank governor Felipe Medalla said he wished the US Federal Reserve would be “more caring” about international conditions when it raises interest rates. Medalla made the comment at…
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Kinshasa, Democratic Republic of the Congo Democratic Republic of the Congo: The first governor of Congo’s central bank, Albert Ndele Mbamu, died in Belgium on April 1, aged 92. Ndele had served briefly as finance…
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If the Bank of England launches a digital pound it is unlikely to be designed to support monetary transmission, Jon Cunliffe said today (February 28). The deputy governor said the BoE planned not to pay…
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The Federal Reserve Bank of Boston is expanding its “re-entry programme”, as the Fed bank looks to help more people back into work – namely into its own ranks. The Boston Fed began the programme,…
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Modelling the complex interactions between agents may be essential to understanding how central bank digital currency (CBDC) will impact the economy, new research published by the International Monetary Fund finds. Authors Marco Gross and Elisa…
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Changes in the international monetary system have typically been “profound but slow”, research published by the International Monetary Fund says. However, technological shifts could speed up the rate of change in future. Hector Perez-Saiz, Longmei…
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Afghanistan’s Taliban has appointed its acting finance minister as central bank governor, Reuters reported on March 22. Hidayatullah Badri took over from Mohammad Idris, who had led Da Afghanistan Bank since the Taliban re-took power in…
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