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Colombian study estimates policy impact on capital flows

Colombian study estimates policy impact on capital flows

Central Bank of Colombia, Bogota Central banks tend to be able to influence capital flows through their monetary policy decisions, according to a meta-analysis published by the Central Bank of Colombia. Mauricio Villamizar-Villegas and co-authors…

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Supreme Court clears Central Bank of Sri Lanka over Greek investment

Supreme Court clears Central Bank of Sri Lanka over Greek investment

It was not “unreasonable” for the monetary board members of the Central Bank of Sri Lanka to invest in Greek government bonds in 2011, according to the country’s Supreme Court, which dismissed a legal complaint…

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US academics praise reduction in Fed’s forward guidance

US academics praise reduction in Fed’s forward guidance

US Federal Reserve chair Jerome Powell told reporters that the Fed would significantly reduce its guidance on future monetary policy actions. “As it relates to September, I said another unusually large increase could be appropriate,…

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FCA admits data blunder – Central Banking

FCA admits data blunder – Central Banking

The Financial Conduct Authority admitted to inadvertently publishing confidential information today (February 25), following a mix-up concerning a freedom of information request. In a statement, the regulator admitted the data breach had occurred following a…

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BoE’s profits dip on higher banknote and research expenditure

BoE’s profits dip on higher banknote and research expenditure

The Bank of England saw its profits dip in the 2017–18 financial year, as it invested in new capacity and rolled out a new series of polymer banknotes. The BoE’s annual report was published on…

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El Salvador abolishes statistics agency

El Salvador abolishes statistics agency

National Palace of El Salvador, San Salvador The Legislative Assembly of El Salvador voted on August 9 to dissolve the country’s statistical agency and transfer its functions to the Central Reserve Bank.  The government says…

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BEAC governor clashes with political leaders over recruitment

BEAC governor clashes with political leaders over recruitment

Bank of Central African States The president of the ministerial committee that oversees the Bank of Central African States (BEAC) ordered its governor, Abbas Mahamat Tolli, to cease a hiring round for senior management on…

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HKMA invites CBDC business plans from private sector

HKMA invites CBDC business plans from private sector

Hong Kong’s de facto central bank is organising a business competition aimed at promoting research on central bank digital currencies (CBDCs). Banks, fintech companies and tech firms can submit business plans on topics ranging from…

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FCA to examine feasibility of global regulatory sandbox

FCA to examine feasibility of global regulatory sandbox

The UK’s Financial Conduct Authority (FCA) is to examine the merits of establishing a global regulatory sandbox for the testing of financial technology (fintech) and other innovations.  “This could potentially allow firms to conduct tests…

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The IMF should adopt a ‘real SDR’

The IMF should adopt a ‘real SDR’

The creation of a vibrant market in SDR linked to commodity prices could create a powerful new monetary anchor, argues Warren Coats by : Source link

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