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Central Banking
8 天
Russia pauses tightening, but warns rates will stay high
The governor of the Bank of Russia said that it held its key policy rate at 21% because monetary conditions had tightened ...
Central Banking
8 天
Colombia surprises markets and slows easing cycle
The Central Bank of Colombia (Banrep) reduced its policy rate by 25 basis points on December 20 – thus surprising the markets ...
Central Banking
8 天
2024: The year in central banking
If 2023 marked a decisive pivot among central banks towards easing monetary policy, 2024 was the year when the reality of ...
Central Banking
11 天
Book notes: Default: the landmark court battle over Argentina’s $100 billion debt ...
This is a fascinating book about the largest sovereign default in recent history: Argentina’s decision to suspend payments on ...
Central Banking
11 天
Ethiopia’s liberalisation paves way for banking consolidation
When Mamo Mihretu, the governor of the National Bank of Ethiopia (NBE), spoke to Central Banking back in October, he hinted ...
Central Banking
11 天
Mexico continues easing with quarter-point cut
The Bank of Mexico (Banxico) on December 19 reduced its policy rate by 25 basis points in a unanimous decision. In a ...
Central Banking
11 天
Brazil digs into reserves again to prop up falling currency
The Central Bank of Brazil (BCB) on December 19 intervened once again in the foreign exchange market in a further attempt to ...
Central Banking
11 天
China holds benchmark lending rates
The People’s Bank of China (PBoC) has kept its market-based benchmark lending rates (LPRs) unchanged. In a statement today ...
Central Banking
11 天
Repo and FX markets buck year-end crunch fears
A rise in the cost of repo and foreign exchange derivatives has become a year-end tradition for several years now, as banks ...
Central Banking
11 天
Forbearance does not always lead to ‘zombification’ – BoE paper
Temporary debt forbearance is often criticised for keeping “zombie firms” alive, but this view is not necessarily accurate, ...
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