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Bank of Mexico increases monetary policy transparency

Bank of Mexico increases monetary policy transparency

The governing board of the Bank of Mexico approved measures to boost the transparency of its monetary policy deliberations on August 5. The central bank will start providing the votes of individual board members after…

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Central Bank of Chile approves new transparency policy

Central Bank of Chile approves new transparency policy

The board of the Central Bank of Chile approved a new transparency policy on June 2, based on the International Monetary Fund’s transparency code. The new code is part of the central bank’s ongoing strategy…

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UK’s FCA introduces climate disclosure rule

UK’s FCA introduces climate disclosure rule

Almost 500 firms regulated by the UK’s Financial Conduct Authority will need to explain whether their climate disclosures meet global best practice from 2022 onwards. In an effort to promote better climate-related financial disclosures, the…

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BoE adapting working practices to post-Covid world, says Place

BoE adapting working practices to post-Covid world, says Place

The Bank of England is making wide-ranging changes to the way its staff work, as the organisation looks to adapt to the post-pandemic world. “The challenge – though daunting – is to learn from the…

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How we can improve gender diversity in economics

How we can improve gender diversity in economics

Women are drastically underrepresented in economics. Today in the US, women account for only one-third of economics majors, one-third of first-year PhD in economics students and one-third of newly minted PhDs (Lundberg and Stearns 2019).  As in…

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Bank of Ghana to pilot CBDC using G+D technology

Bank of Ghana to pilot CBDC using G+D technology

Ernest Addison: “CBDC presents a great opportunity to build a robust, inclusive, competitive and sustainable financial sector” The Bank of Ghana is partnering with Giesecke+Devrient (G+D) to pilot a retail central bank-issued digital currency in…

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The impact of AI adoption on supervisors

The impact of AI adoption on supervisors

The increasing adoption of artificial intelligence (AI) has seen an anticipated parallel rise in calls for AI control, governance and supervision. As a result, industry and regulatory bodies have published several sets of guidelines and…

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Bank of Lithuania paper explores spillovers of US policy uncertainty

Bank of Lithuania paper explores spillovers of US policy uncertainty

New research published by the Bank of Lithuania adds to a growing body of evidence that US monetary policy uncertainty impacts the rest of the world. To explore the effects of US policy uncertainty, Povilas…

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Argentina opens IMF talks as crisis deepens

Argentina opens IMF talks as crisis deepens

Argentina’s finance minister has said the government is set to open negotiations with international investors and the International Monetary Fund (IMF) over the maturity of its bonds. The sharp depreciation of the peso, following president…

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Fed decisions barely noticed by households – BIS paper

Fed decisions barely noticed by households – BIS paper

The decisions made by the Federal Reserve can upend stock markets, but they barely touch US households’ expectations on inflation, job status or personal finance, research published on August 5 finds. Policy decisions only appear to…

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