US Republican presidential candidate Ron DeSantis attacked Federal Reserve monetary policy, suggesting he would replace chair Jerome Powell. “We need to rein in the Federal Reserve,” DeSantis said in a July 31 economic policy speech…
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Bank of England chief economist Huw Pill said people in the UK must “accept that they’re worse off” and stop trying to shift the burden of inflation to other parts of the economy. Pill was…
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When sanctions are imposed by governments and national authorities on institutions and individuals in their jurisdictions, including bans and limits, the consequences are not always as anticipated. In the case of financial sanctions imposed on…
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The National Bank of Cambodia Chea Serey was appointed governor of the National Bank of Cambodia on July 29, the first woman to hold the position. She succeeds her father who has led the central bank…
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Central banks tend to see their communications as most effective in the area of monetary policy, according to data from the Communications Benchmarks 2023. Respondents were asked to rate the effectiveness of their communications, for…
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The People’s Bank of China Pan Gongsheng was formally appointed governor of the People’s Bank of China today (July 25) by the standing committee of the National People’s Congress, a decision confirmed by Chinese president Xi Jinping.…
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Eastern Caribbean Central Bank The Eastern Caribbean Central Bank (ECCB) has launched its new website. The new site includes a “statistics module” with information about each of the eight member states that the ECCB serves.…
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Bulgaria’s parliament elected central bank governor Dimitar Radev to a second six-year term on July 18. The vote ended a two-year period where it had failed to elect a new governor, and Radev had continued…
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The Bank for International Settlements, Basel The Bank for International Settlements has offered guidance on offline payments for institutions developing central bank digital currency. A new handbook, issued as part of the BIS Innovation Hub’s…
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The Central Bank of Brazil issued an unusual statement on July 19, denying it censors its board members. The central bank was replying to an article published the same day by reporter Mônica Bergamo in…
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