Central banks tend to employ a wide range of channels to communicate internally with their staff. Most common are email and platforms developed in-house, but many other tools are also in use. In both the…
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Enhancing reporting requirement for banks – RBNZ deputy governor The Reserve Bank of New Zealand is considering changes to how it assesses commercial banks’ risk weightings, its deputy governor said. “Even for the Reserve Bank,…
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Central bank critic Pierre Poilievre was elected head of the Conservative Party of Canada on September 10, becoming the leader of the opposition. Poilievre said in May that he would “replace” Bank of Canada governor…
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“We want to find the right balance between central bank and commercial money,” Nicolas de Labarre of the Banque de France said about the digital euro, at a conference today (September 12). De Labarre is…
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Antarctic sea ice reached its lowest June coverage on record this year. Key trade waterway levels fell amid soaring temperatures this summer. Millions have lost their homes in flooded Pakistan. Electrical grids are struggling in…
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Social media is now firmly embedded in central bank communications, a trend that seems to have been reinforced by the Covid-19 pandemic. This was one of several key findings of the Communications Benchmarks 2022, which…
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Myanmar may be placed on an international blacklist of countries not complying with anti-money laundering rules, adding to the economic chaos under its junta. On September 7, Nikkei Asia reported that the Financial Action Task…
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The Federal Reserve System’s profits were more than $10 billion smaller in 2017 than a year earlier, as the institution began to pay much more sizeable sums in interest on banks’ large reserve holdings. The…
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China: The Chinese government appointed Zhang Qingsong deputy governor of the People’s Bank of China on September 6. Zhang was serving as president of the Agricultural Bank of China, a state-owned bank that is among…
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Australia’s central bank said today (August 8) that it is launching a one-year research project to examine the potential economic benefits of introducing a central bank digital currency (CBDC). The Reserve Bank of Australia will…
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