Reserve Bank of Australia Australia’s central bank says it intends to use a “less specific” form of forward guidance in future, after it drew criticism for raising rates much earlier than it had previously predicted.…
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The first stage of a Federal Reserve Bank of New York project has found that blockchain technology could make wholesale cross-border payments faster and safer. The New York Fed released its Project Cedar phase-one results…
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Most central banks communicate in two languages, but only a handful go so far as to communicate in three. Data from Communications Benchmarks 2022 shows nearly two-thirds of respondents communicate in two languages, while only…
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The first woman governor of the Central Bank of Lesotho, Retšelisitsoe Matlanyane, has been appointed finance minister. Matlanyane is serving in the cabinet of Sam Matekane, leader of the Revolution for Prosperity party, which won a…
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Australian senator Andrew Bragg has introduced a bill to impose reporting requirements for Chinese banks that may make the e-yuan available in Australia. Bragg, of the conservative Liberal party, chaired Australia’s parliamentary select committee on…
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US consumers are growing more attentive to inflation, according to researchers using data from a survey conducted by the Federal Reserve of Cleveland. Because of this, it’s possible that “their expectations are more informative, likely…
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The Brazilian finance ministry formally announced on October 24 that Ilan Goldfajn will be Brazil’s official candidate to lead the Inter-American Development Bank (IDB). The IDB board of governors will elect a new president of…
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Hong Kong’s de facto central bank is preparing for the possible issuance of the city’s own retail central bank digital currency (CBDC). The Hong Kong Monetary Authority made the announcement on September 20, after looking…
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Matthew Tagliani, exchange-traded fund (ETF) head of product and sales strategy, Emea at Invesco, explores the diversification impacts ETFs can have on central banks’ portfolios. Although investment returns aren’t always central banks’ top priority, corporate…
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The Central Bank of Nigeria A major ratings agency downgraded Nigerian banks, days after a senior government official floated the idea of converting central bank loans to bonds. Moody’s downgraded the outlook for Nigerian lenders…
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