Long-serving Bank of Uganda governor dies
The governor of the Bank of Uganda, Emmanuel Tumusiime-Mutebile, died on January 23 at Nairobi Hospital, in the Kenyan capital. He was 72. The central bank did not give a cause of death in its…
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The governor of the Bank of Uganda, Emmanuel Tumusiime-Mutebile, died on January 23 at Nairobi Hospital, in the Kenyan capital. He was 72. The central bank did not give a cause of death in its…
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As technological evolution transforms the financial landscape, central banks play an essential role in preserving trust in money, said Agustín Carstens in a speech on January 18. The general manager of the Bank for International…
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The Monetary Authority of Singapore has started using an advanced data science tool named Apollo to help enforcement officers detect misconduct in financial markets, the central bank said in its inaugural enforcement report. Developed in-house…
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Canada’s year-on-year inflation rose 4.8% in December, the highest it has been since 1991, according to official figures released on January 19. The Bank of Canada found that consumer expectations for inflation over the next…
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Jamaica set to reduce debt-to-GDP ratio to 125% in pursuit of 90% target Jamaica expects to reduce its stock of debt to 125% of GDP by the end of the fiscal year in March, with…
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The RBNZ’s relationship to government has shifted in the past year Widening wealth and income inequalities have become a communications hazard for central banks, as a result of mistiming between their and governments’ actions to…
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Federal Reserve vice-chair Richard Clarida resigned on January 10, a few weeks after he admitted to controversial equities sales as the Covid-19 pandemic was beginning in 2020. Clarida’s resignation takes effect on January 14, though…
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The European Commission will assess whether any regulatory changes are needed in order to improve the reporting and monitoring of climate-related risks. In remarks on November 6, vice-president Valdis Dombrovskis outlined the commission’s plan to…
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The term ‘big data’ is relatively vague and refers to the proliferation of information brought by the so-called data revolution and generated as an ‘organic’ by-product of social media and web-based activities, machine sensors and…
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US president Joe Biden announced three candidates for vacancies on the Federal Reserve Board on January 14. The three nominees, if confirmed, would introduce an unprecedented degree of diversity to the Fed’s leadership, with four…
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