Federal Reserve vice-chair Richard Clarida said on August 4 that he expected the Fed will be ready to raise interest rates in early 2023. Clarida’s comments add to an intensifying discussion about when the Fed…
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The lower house of Brazil’s parliament passed a law granting the Central Bank of Brazil formal autonomy on February 11. After decades in which Brazilian governments debated this option, the law gives the central bank…
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The Reserve Bank of India agreed to pay out 571 billion rupees ($7.6 billion) to the government this financial year, following a closely watched board meeting on August 14. The Indian government has been seeking…
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The National Bank of Angola has finally reopened its office in the south-east of the country, after delays to the renovation project. The site, located in Menongue, was last open in the mid-1990s. According to a…
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Eurozone: The European Central Bank’s executive board has appointed Isabel Vansteenkiste as director-general for European and international relations, it announced on September 13. Vansteenkiste is currently the ECB’s deputy director-general for monetary policy, and was…
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The digital yuan trial for the 2022 Winter Olympics is “on the home straight”, according to Fan Yifei, deputy governor of the People’s Bank of China. Fan has visited the venues of the winter games…
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The revolution in technology innovation during the past few years is not just disrupting the financial services industry. It looks set to change our perceptions about money, banking and finance. As a result, regulators face…
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Ivo Maes with Ilaria Pasotti, Robert Triffin: a life, Oxford University Press, 2021, 256 pages The unassuming subtitle of this book captures an extraordinarily influential life. Best known for identifying the Triffin dilemma, Robert Triffin’s work…
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The governors of a number of African central banks debated the serious challenge that Africa’s rising debt could pose to financial stability at an annual congress last week, with most believing that rising borrowing will…
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The Bank of Canada intends to move to a policy of keeping its sovereign debt holdings “roughly stable”, governor Tiff Macklem told business leaders on September 9. He did not lay out a timetable for when…
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