Sovereign debt
US Treasury opposes ending IMF surcharges
Biden administration rejects initiative championed by Democratic progressives
Has the IMF found a way forward for Argentina?
Withdrawing monetary financing would put pressure on government budget, analysts warn
Cape Verde SWF to stay under central bank
President rejected law to move oversight to securities regulator
Suriname courts convict second former governor
Van Trikt receives eight years in prison, weeks after Hoefdraad sentencing
RBA halts asset purchases
Australian central bank maintains interest rates at 0.1%
Wunsch calls for gradual ECB policy tightening
Belgian governor stresses risks posed by prolonged negative rates and QE
Pierre Wunsch on inflation, forward guidance and policy tightening
The National Bank of Belgium governor speaks about over-reliance on central bank models and forward guidance, the impact of energy costs and inflation expectations, and the need to unwind unconventional monetary policies
Mozambique’s government owes central bank over $600 million – auditors
Auditors say government is obliged to compensate central bank over forex movements
Eurozone deficits and debt declined in Q3 2021
But debt levels in the bloc remain at high levels, especially in Southern Europe
Argentina raises rates for first time since 2020
BCRA raises benchmark rate 200 basis points, as IMF talks continue
Papua New Guinea reforms central bank and forces out governor
Law changes board and policy framework, and allows central bank financing
IMF finds Argentina bailout ‘did not deliver on its objectives’
Largest-ever IMF loan was ineffective and “not sufficiently robust”
Former Suriname governor sentenced to 12 years
Gillmore Hoefdraad fled country to avoid trial in case involving another former governor
ECB to halt PEPP purchases but expand APP
Lagarde says rising inflation will be temporary, but says ECB needs flexible monetary policy
Kareem Michael to be new Belize governor
Former deputy governor will be third central bank head this year after predecessor was fired
Powell: FOMC may accelerate taper
Fed will no longer refer to inflation as “transitory”
Weidmann clashes with Lagarde on policy outlook
Bundesbank president said policy may have to tighten just after Lagarde said it would likely stay loose
Final frontier? Japan after the Kuroda experiment
The Bank of Japan has pushed monetary easing close to its limit, yet inflation is barely above zero. What happens now?
ECB warns of ‘pockets of exuberance’ in credit, asset and housing markets
High inflation could have “longer-lasting” effects and weigh on the recovery, says financial stability review
GDP-linked bonds unlikely to ‘tame debt’ – BdF paper
Linking sovereign bonds to GDP would not necessarily improve debt ratios, researchers find
Argentine central bank freezes banks’ FX purchases
BCRA order comes amid a falling peso, IMF talks and mid-term elections
Central bank communications ‘after’ Covid
From crisis responses to coping with sudden digitisation, Covid-19 forced central bank comms teams to innovate fast. How much of it will stick?
Covid-19, crypto and climate weigh on global economy – GFSR
Central banks face difficult “intertemporal trade-offs”; poorer nations unlikely to regain pre-Covid growth levels for “many, many years”, says IMF’s financial counsellor Tobias Adrian
Yellen warns of ‘catastrophic’ effects of not raising debt limit
Treasury secretary says failing to raise ceiling would be a “manufactured crisis”