William Towning
Reporter, Central Banking
William Towning is a reporter on the Central Banking newsdesk. He holds a degree in international business from Brunel University.
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Articles by William Towning
Fed IOER amendment aimed at ‘thwarting’ The Narrow Bank
The move appears to specifically target The Narrow Bank’s business model, the firm says
Interview: Sheila Bair on US regulatory reform and rollback since 2008
Crisis-era FDIC chair “saddened” by former Fed chairs’ focus on bailout powers
Lagarde warns against easing regulations
Further efforts are needed to address too-big-to-fail and leveraged lending, Lagarde says
Powell hints at long-term goals for Fed balance sheet
Proposed reserves buffer is more than enough, Charles Goodhart says
Monetary policy frameworks need modifying, former Fed governor says
Lower r* requires two key modifications to flexible inflation-targeting regimes, Frederic Mishkin says
Dallas Fed launches economics website
New site aims to cater for wide range of readers, officials say
Barbados central bank comes under fire over tourism data
Minister says he has “no idea” where the governor got his information
Fed’s Bowman says regulators must tailor regulations for smaller banks
But stress-test reform to relieve smaller banks is credit negative, Moody’s warns
Fed to open dialogue on stress tests
Conference will discuss the “transparency and effectiveness” of the stress tests
BoJ cuts inflation forecast in fourth consecutive outlook report
Central bank maintains interest rates and yield curve control
BoJ must normalise policy to cope with ageing population – former official
Japanese firms face labour shortages and limited ability to raise prices- Shirai
Denmark intervenes to maintain euro peg
A rate hike is “very likely” if intervention continues, analyst says
Fed independence under renewed fire from Trump
President unlikely to be able to fire Jerome Powell but could exert pressure in other ways, say observers
Fed presidents weigh in on December rate decision
Incoming data and recent speeches point to slightly more dovish outlook
Philippines central bank rewarded for aggressive policy action
Soaring inflation slows amid aggressive rate hikes and easing oil prices
Brainard reboots calls for countercyclical buffers
“Countercyclical capital requirements build resilience, unlike monetary policy,” Brainard says
Kuroda defends BoJ’s asset purchases
Central bank could face problems when it unloads ETFs, former senior official warns
Cleveland Fed launches centre for inflation research
Bank plans to make its inflation conference annual rather than bi-annual
BoE issues warning over global leveraged loan market
Scale, growth and lending standards similar to pre-crisis subprime lending, BoE reports
Fed weighs future policy transmission framework
Implementing technical adjustments might be necessary, Powell says
Increasing banks’ capital could enable looser regulations, says Greenspan
Former Fed chief discusses new book, ‘Capitalism in America, a history’, with journalist and co-author Adrian Wooldridge
Bank of Canada steps up financial stability research efforts
Economy faces risks from in-household debt, housing and cyber attacks, senior policy adviser says
BoJ’s monetary easing criticised as balance sheet passes 100% of GDP
Central bank’s QQE has had limited impact but a wind-down poses significant risks, Sayuri Shirai warns
IMF concerned over Iceland’s inflation metrics
Inflation excluding housing near 60-year low for 2017, IMF reports