Megan Greene is to succeed Silvana Tenreyro as an external member of the Bank of England’s monetary policy committee (MPC). Greene is currently global chief economist at consultancy Kroll, and a senior fellow at the…
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The Bank of Israel has specified the factors it is evaluating on whether to issue a digital shekel, highlighting how decisions by the US Federal Reserve, European Central Bank and other institutions will affect its…
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Geopolitical shifts are causing the global economy to fragment into “competing blocs”, which could create a more inflationary environment, Christine Lagarde said on April 17. The European Central Bank president said there could be “profound”…
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The IMF’s second HQ building The International Monetary Fund has successfully piloted the first evaluations using its Central Bank Transparency Code, an advisory progamme developed since 2020. The fund reports its “recommendations received strong traction…
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Monetary Authority of Singapore managing director Ravi Menon is set to leave the institution later this year after a 12-year stint as chief, reports say. Menon’s term is due to end on May 31. He…
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Central bank digital currencies could struggle to find an audience, two senior experts in the field say. In interviews at the conclusion of the Central Banking Spring Meetings, the experts indicate that a lack of…
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Peter Kažimír: calls for resignation Slovak authorities have called on central bank governor Peter Kažimír to resign, following his conviction for bribery by the country’s special criminal court on April 13. The court sentenced Kažimír…
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Central bank digital currency is “changing the very nature of the international monetary system”, said Tobias Adrian, financial counsellor at the International Monetary Fund. Speaking at the IMF and World Bank Spring Meetings on April…
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Central Bank of the Philippines Philippine central bank governor Felipe Medalla said he wished the US Federal Reserve would be “more caring” about international conditions when it raises interest rates. Medalla made the comment at…
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Kinshasa, Democratic Republic of the Congo Democratic Republic of the Congo: The first governor of Congo’s central bank, Albert Ndele Mbamu, died in Belgium on April 1, aged 92. Ndele had served briefly as finance…
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