Central Bank of Colombia branch in Cartegena The governor of the Central Bank of Colombia (BCC), Leonardo Villar, told a banking conference the supposed trade-off between fighting inflation and economic growth was a “false dilemma”.…
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France: The French government named Agnès Bénassy-Quéré to a six-year term as the second deputy governor of the Banque de France on February 8. She will succeed Sylvie Goulard on February 27. Goulard announced her…
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The Bank of England is moving from research to design on a potential “digital pound”, as it views the launch of a retail central bank digital currency (CBDC) as increasingly likely. “As the world around…
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Bank of Canada officials have elaborated their thinking around the most recent monetary policy decision, which called an end to a 10-month tightening cycle. Their statements included a “summary” of the January 25 governing council…
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A central bank’s most important role is meeting its mandates, not making profits, but when losses mount, clear communication is critical, the Bank for International Settlements says. “To maintain the public’s trust and to preserve…
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The Central Bank of Malta Alfred Mifsud, former deputy governor of the Central Bank of Malta, won a libel suit against late journalist Daphne Caruana Galizia on February 9. A magistrate ordered Caruana Galizia’s estate…
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One key reason the Bank of England is “likely” to issue a central bank digital currency (CBDC) is to ensure tech firms are not able to corner the market for payment systems, Jon Cunliffe said…
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The central banks of Australia and South Korea have renewed a currency swap agreement and lengthened its duration from three to five years. The Reserve Bank of Australia and the Bank of Korea first signed…
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The Ghanaian government intends to “securitise” its debts to the central bank, as part of efforts to restructure the country’s heavy public debts, following a default on much of the external debt in December. Ghanaian…
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The board of the Central Bank of Barbados named deputy governor Alwyn Jordan acting governor on February 1, a day after previous governor Cleviston Haynes’s term ended. Jordan had been appointed deputy governor in October 2019, promoted…
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