Regulation
Regulating data use: implications of data sitting in the middle
Regulators need to take action to ease tensions created by the growing use of data, says Manoj Singh
BCRA requires prior approval for all FX requests
Virtual freeze on exchange as Pesce and other directors make way for Milei’s picks
RBA plans to review retail payments regulation
Governor Michele Bullock outlines plans to modernise Australia’s payments system
UK regulator proposes tougher rules for money market funds
BoE welcomes FCA move and warns of wider risk of “dysfunction” in core markets
Crypto, trade and environmental crime among AML/CFT risks – IMF
Staff propose increasing country assessments to twice per year
Administrative data tops list as alternative data source
Research and forecasting remain key areas of application for central bank economists
SEC criticised for belt-and-braces ban on volume-based pricing
Legal experts question need for rules to prevent firms disguising agency trades as proprietary
Argentine central bank delays payments regulation
Online payments firm had complained rule was anti-competitive
Vietnam government to probe central bank’s credit management
Credit growth is far below the SBV’s 14% annual target amid property sector downturn
Economists’ rate of access to centralised data services still below par
Central banks in high-income jurisdictions still have more access
Most heads of research are responsible for sign-off on research
Peer-reviewed papers remain most-used metric for measuring research success
Central banks average 11 working papers over the past year
Just over a quarter of central banks run research blogs
IMF says Bahamas must tighten monetary financing rules
Country adopted new limits on central bank loans in April, but IMF says cap still too high
Central banks prioritise inflation dynamics research
Middle income institutions tend to have much widest research interests
Time series model is top tool for forecasting and research
Use of machine learning models for research purposes surges year on year
The ECCB’s Timothy Antoine on currency union, cooperation and DCash 2.0
The ECCB governor speaks with Christopher Jeffery about maintaining a currency zone, addressing climate and cyber risks, the decline in correspondence banking and lessons learned from issuing a retail CBDC
Economic growth and inflation are most-forecast variables
Private debt, commodity prices and market interest rates rank as laggards
Most new economic staff hired as fresh graduates
Recruits from private sector, academia make up smaller portion of new hires
Proportion of central bank economists with PhD rises
Central banks split on funding economic staff with PhD aspirations
Chinese premier Li Qiang becomes CFC head
Former PBoC deputy governor likely to lead foreign exchange regulator, reports say
Median salary of central bank economists rises as inflation bites
Income remains less aligned with GDP per capita of participating countries
Economics department staff total just over 70 on average
Average number of research economists remains smaller than policy economists
Defending the basis
Benefits of additional Treasury liquidity may outweigh potential intervention costs during a hypothetical panic, writes Joseph Wang
FDIC to review sexual misconduct and discrimination allegations
Agency promises ‘independent review’ as chair faces charges of improper behaviour