Central Banking Archives - Page 82 of 114

Pressure builds on central banks to ‘monetise’ sovereign debt

Ballooning budget deficits and mounting fiscal debt exacerbated by the Covid-19 pandemic is putting central banks under pressure to monetise government debt – in one form or another. The South African Reserve Bank (Sarb) became…

Bank of Canada publishes 30 years of staff forecasts

The Bank of Canada has become one of the only central banks to release its staff projections, which are now published on a digital database launched on November 1. The database holds over 30 years…

BoE should improve governance around research, review finds

The Bank of England is able to produce “outstanding” research and analysis, but issues remain in the ways that research projects and staff are governed, an independent review finds. “Our evaluation has found good evidence that…

Polish MPs confirm Glapiński for second term

The lower house of the Polish parliament confirmed Adam Glapiński to a second six-year term as central bank governor on May 12. Glapiński won narrowly after his candidacy faced sharp criticism in the chamber, with…

Chilean central bank to step up CBDC work

The Central Bank of Chile (BCCH) said it will step up its research into a central bank digital currency (CBDC) in its first report on the subject. The BCCH says it can see fewer problems…

Capitalising on regtech – Central Banking

If one were to imagine the ideal financial supervision system of the future, it would probably look very different from what we have today. Financial institutions would report details of transactions to a central utility,…

Expectations and term premia both drive spillovers – BIS paper

Both of the main components of long-term interest rates matter for monetary policy spillovers, but the effects differ between advanced and emerging economies, a Bank for International Settlements working paper finds. Aaron Mehrotra, Richhild Moessner…