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IMF paper challenges idea of debt threshold effect

IMF paper challenges idea of debt threshold effect

IMF researchers have waded into the controversial topic of the impact of public debt on economic growth, finding there is no universal threshold at which high public debt becomes a drag on growth, in a…

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Brazil’s Campos Neto: markets show less fear of Lula win

Brazil’s Campos Neto: markets show less fear of Lula win

The governor of Brazil’s central bank, Roberto Campos Neto, suggested that markets were growing calmer about the possible return of former president Luiz Inácio Lula da Silva to office. The governor’s comments came the same…

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Weidmann to chair IMF governance review panel

Weidmann to chair IMF governance review panel

The International Monetary Fund announced on February 4 that Jens Weidmann, former governor of the Deutsche Bundesbank, would lead a committee to examine the fund’s “institutional safeguards”. The evaluation is part of a wider review…

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RBI hands over chunk of its capital to government

RBI hands over chunk of its capital to government

The Reserve Bank of India has handed over a chunk of its capital to the government as a one-off payment, after an expert committee delivered its long-awaited report on how the central bank should share…

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Bank of Canada carries on as truckers protest

Bank of Canada carries on as truckers protest

The Bank of Canada reports that ongoing anti-vaccine protests in Ottawa have had no impact on its operations. A spokesperson for the Canadian central bank told Central Banking that the protest movement, mounted by truckers…

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Former Guinea governor held by police

Former Guinea governor held by police

Conakry, capital of Guinea The former governor of Guinea’s central bank was held in police custody for several days from February 4, news site Africa Guinée has reported. Africa Guinée said that police summoned Lounsény Nabé…

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Boston Fed-MIT team hails successful CBDC test

Boston Fed-MIT team hails successful CBDC test

Researchers in the US released the much-anticipated findings of a joint central bank digital currency (CBDC) infrastructure project on February 3, highlighting significant achievements on processing speed.   The collaboration between the Massachusetts Institute of…

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Podcast: collaboration as the key to better data

Podcast: collaboration as the key to better data

Central banks worldwide have been working to enhance the ways they collect and analyse data for supervisory purposes. Increasingly, this is pushing central banks to work more closely with industry to improve data tools. “I…

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Emerging market stock returns impacted by dollar – BIS paper

Emerging market stock returns impacted by dollar – BIS paper

Research published by the Bank for International Settlements presents further evidence that the US dollar impacts financial conditions around the globe, finding a key role for the exchange rate in driving stock market returns. Valentina…

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Mass walkout at RBI disrupts clearing and settlement

Mass walkout at RBI disrupts clearing and settlement

A mass walkout at the Reserve Bank of India (RBI) saw the majority of its 17,000 staff strike today (November 19), leading to “some interruptions” in the central bank’s clearing and settlement operations. Staff were…

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