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BoE adapting working practices to post-Covid world, says Place

BoE adapting working practices to post-Covid world, says Place

The Bank of England is making wide-ranging changes to the way its staff work, as the organisation looks to adapt to the post-pandemic world. “The challenge – though daunting – is to learn from the…

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How we can improve gender diversity in economics

How we can improve gender diversity in economics

Women are drastically underrepresented in economics. Today in the US, women account for only one-third of economics majors, one-third of first-year PhD in economics students and one-third of newly minted PhDs (Lundberg and Stearns 2019).  As in…

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Bank of Ghana to pilot CBDC using G+D technology

Bank of Ghana to pilot CBDC using G+D technology

Ernest Addison: “CBDC presents a great opportunity to build a robust, inclusive, competitive and sustainable financial sector” The Bank of Ghana is partnering with Giesecke+Devrient (G+D) to pilot a retail central bank-issued digital currency in…

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The impact of AI adoption on supervisors

The impact of AI adoption on supervisors

The increasing adoption of artificial intelligence (AI) has seen an anticipated parallel rise in calls for AI control, governance and supervision. As a result, industry and regulatory bodies have published several sets of guidelines and…

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Bank of Lithuania paper explores spillovers of US policy uncertainty

Bank of Lithuania paper explores spillovers of US policy uncertainty

New research published by the Bank of Lithuania adds to a growing body of evidence that US monetary policy uncertainty impacts the rest of the world. To explore the effects of US policy uncertainty, Povilas…

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Argentina opens IMF talks as crisis deepens

Argentina opens IMF talks as crisis deepens

Argentina’s finance minister has said the government is set to open negotiations with international investors and the International Monetary Fund (IMF) over the maturity of its bonds. The sharp depreciation of the peso, following president…

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Fed decisions barely noticed by households – BIS paper

Fed decisions barely noticed by households – BIS paper

The decisions made by the Federal Reserve can upend stock markets, but they barely touch US households’ expectations on inflation, job status or personal finance, research published on August 5 finds. Policy decisions only appear to…

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Police search Paraguay central bank

Police search Paraguay central bank

A special anti-money laundering police unit conducted a search of the Central Bank of Paraguay (BCP) on July 13. Reports in Paraguayan media suggest the search was the first in the central bank’s history. The…

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Riksbank proposes larger transfer to Swedish Treasury

Riksbank proposes larger transfer to Swedish Treasury

Sveriges Riksbank’ general council proposed transferring Skr6.8 billion ($820 million) to the Swedish Treasury today (February 15). This year’s transfer is 28.3% larger than last year. Back then, the institution proposed transferring the government Skr5.3…

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FCA mulls removing decision-making powers from senior committee

FCA mulls removing decision-making powers from senior committee

The UK’s Financial Conduct Authority is consulting on whether to shift certain decision-making responsibilities away from one of its senior committees. Currently, the regulatory decisions committee (RDC) takes several decisions on behalf of the FCA. But…

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