Financial Stability
IMF’s Gopinath calls for international trade co-operation
US-China tensions have redirected trade flows, deputy director says
RBNZ governor in dispute with pro-business group
New Zealand Initiative spars with Adrian Orr over prudential policy
Lkhagvasuren Byadran on geopolitics, gold and 100 years of central banking on the steppe
Bank of Mongolia governor Lkhagvasuren Byadran speaks about monetary and financial reform, embracing AI and fintech, and Mongolia’s new SWF
Turkish inflation reaches 75% in May
Finance minister says ‘worst is over’ but one estimate says official figures are too low
Vietnamese central bank moves to lower domestic gold prices
SBV official says market may be fixed but analyst points to shifts in supply and demand
Fed research investigates supply chain resilience
Stiglitz and co-authors look at firms’ investment in production capacity
MNB tells Hungarian lending group to ‘tread lightly’ in Russia
“Selling subsidiary for less than half its worth would help Russia,” OTP Bank CEO says
Bank of Mexico lowers GDP growth estimate
Slow economic activity from last year continues into the first quarter
Chinese cities ease home-buying rules as housing slump continues
Analysts say real estate sector unlikely to turn around this year despite recent interventions
Sri Lanka keeps interest rates flat
Country introduces new governance reforms to state-owned banks
Artificial intelligence: key questions for financial supervisors
Manoj Singh outlines what supervisors need to be asking as they learn to interrogate machines
RBNZ will activate debt-to-income tool
New Zealand central bank to bring in new macro-prudential tool in July
Getting Chiang Mai right
Asia’s emergency infrastructure is on the right track, but there is still room for improvement
Use machine learning to protect payment systems – research
Tool could also be used to warn of money laundering and bank runs, researchers say
Egypt holds policy rates
Central bank says improved external financing after IMF loan will help price stability
IMF says Iceland’s path is clear to easing rates
Housing and bank supervision remain a concern and central bank independence needs safeguards
Turkey holds interest rates
Central bank leaves door open for tightening monetary policy
Food prices keep Indian inflation up – RBI
Target may only be reached in H2, central bank research says
Global supply chains undergoing “great reallocation”, expert says
Mexico is biggest winner from US trade shift, economist tells Atlanta Fed conference
Bank of England may cut rates soon – deputy governor
Pressures have faded but economy is facing second-round effects, Broadbent said
Bank of Spain imposes capital buffers on Portugal-exposed lenders
Move follows Bank of Portugal’s November decision over possible risks in housing market
G7 may use Russian asset profits to fund Ukraine
US asks European governments to agree money should back $50 billion loan
Banks should share data on borrowers, working paper argues
Compulsory data sharing has increased credit supply, Hungarian central bank paper says
Fed green lights more capital relief trades
Five US banks authorised to issue repeat credit-linked notes backed by financial guarantees