If the Bank of England launches a digital pound it is unlikely to be designed to support monetary transmission, Jon Cunliffe said today (February 28). The deputy governor said the BoE planned not to pay…
Read More
The Federal Reserve Bank of Boston is expanding its “re-entry programme”, as the Fed bank looks to help more people back into work – namely into its own ranks. The Boston Fed began the programme,…
Read More
Modelling the complex interactions between agents may be essential to understanding how central bank digital currency (CBDC) will impact the economy, new research published by the International Monetary Fund finds. Authors Marco Gross and Elisa…
Read More
Changes in the international monetary system have typically been “profound but slow”, research published by the International Monetary Fund says. However, technological shifts could speed up the rate of change in future. Hector Perez-Saiz, Longmei…
Read More
Afghanistan’s Taliban has appointed its acting finance minister as central bank governor, Reuters reported on March 22. Hidayatullah Badri took over from Mohammad Idris, who had led Da Afghanistan Bank since the Taliban re-took power in…
Read More
Sweden does not yet need a central bank digital currency (CBDC), a government-appointed investigation said today (March 31). After more than two years’ work, the Payments Investigation presented over 900 pages of analysis to the government.…
Read More
European Central Bank president Christine Lagarde was slightly injured in a car accident on March 24. An ECB spokesperson said Lagarde “suffered a very minor injury”. The accident caused no other serious injuries. She was…
Read More
The Bank of Thailand’s wholesale central bank digital currency (CBDC) development began with Project Inthanon in 2018. Top executives wanted to better understand how distributed ledger technology (DLT) can be applied to “enhance the efficiency…
Read More
A round-up of central bankers in the news and on the move during the past three months by : Source link
Read More
An International Monetary Fund working paper finds Islamic banking systems are most vulnerable to possible negative effects of central bank digital currency (CBDC). CBDCs may affect monetary policy through their effect on money velocity, bank…
Read More