François Villeroy de Galhau The European Central Bank (ECB) should cut rates in the spring to maintain well-being rather than waiting until the summer, the governor of the Banque de France (BdF) said in a…
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The People’s Bank of China The People’s Bank of China (PBoC) has reshuffled its monetary policy committee, making four replacements, it announced on March 19. Wu Qing, who was named the head of the China…
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Sweden: Anna Seim, an economics professor at Stockholm University, has been appointed deputy governor of Sveriges Riksbank by its general council’s unanimous decision. “Seim has a solid academic background and in-depth insight into how central banks…
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Sveriges Riksbank says more work is needed to tackle persistent problems in the design of offline central bank digital currency (CBDC). “A secure and functional offline solution requires a lot of development work on technology,”…
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Lesetja Kganyago speaking on an IMF panel South Africa’s president Cyril Ramaphosa on March 15 reappointed the central bank’s senior leadership, including governor Lesetja Kganyago, and named a new deputy governor. Kganyago, who has led…
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Netherlands: The Netherlands Bank (DNB) said Gita Salden, a banking executive and former civil servant, will join its executive board on June 1 for a seven-year term. Finance minister Steven van Weyenberg appointed Salden, DNB announced…
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The Hong Kong Monetary Authority The Hong Kong Monetary Authority launched the second phase of its retail central bank digital currency (CBDC) pilot and a regulatory sandbox for stablecoin projects. The HKMA completed the first…
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The Bank of Jamaica is continuing to employ an unorthodox communication strategy for central banks, hosting a lunch-hour concert series. The central bank says the concerts aim to bring together the community, especially pensioners, and…
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The US Senate confirmed Adriana Kugler as a member of the Federal Reserve Board on September 7. Senators voted 53-45, mostly along party lines, to approve Kugler’s candidacy. All Democratic senators present voted in favour…
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Dili, capital of Timor-Leste Helder Lopes is set to become the second governor of Timor-Leste’s central bank, according to a September 7 report from Portuguese news agency Lusa. The report cites “government sources” who indicated…
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