Central Bank Announcements
Bank of Canada Launches New Program to Foster Collaboration With Innovators
The Partnerships in Innovation and Technology (PIVOT) program is part of the Bank’s efforts to fast-track innovation in its economic analysis and research, as well as in its day-to-day operations.
Staff Statement Following the Tenth Post-Programme Mission to Spain
European Commission staff, in liaison with staff from the European Central Bank, visited Madrid from 4 to 5 October for the tenth post-programme mission to Spain.
ECB Report Shows a Fall in Card Fraud in 2016
Total card fraud involving Single Euro Payments Area cards fell to €1.8 billion in 2016, 0.4% less than in 2015
Federal Reserve Issues FOMC Statement
Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate
New Issue of the Journal Sveriges Riksbank Economic Review
2018’s second edition of the Economic Review covers both broad and more specific issues relevant to the Riksbank.
Mary C. Daly Appointed New Bank President
The Federal Reserve Bank of San Francisco announced today that its Board of Directors has appointed Mary C. Daly to the position of president and chief executive officer
Staff Statement Following the First Post-Programme Mission to Greece
Following the completion of the ESM programme, Greece is reintegrated into the European Semester of economic policy coordination.
af Jochnick: Central bank money in the payment market of tomorrow
Cash usage is declining and digitalisation and new technology has made it possible to make payments in real time. Increasing numbers of people are choosing to pay electronically, both person to person and between companies. The Riksbank has a unique role in the payment system and will therefore develop its services so that they also […]
ECB seeks feedback on draft ECB Regulation on money market statistics
Amending Regulation aims to simplify reporting scheme and improve quality of euro money market statistics reported to European System of Central Banks (ESCB) ECB asks for feedback by 10 September 2018 The European Central Bank (ECB) has been collecting data on the euro money market since 1 July 2016 on the basis of Regulation ECB/2014/48 concerning statistics […]
Statement by Philip Lowe, RBA Governor: Monetary Policy Decision 7 August 2018
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth in China has slowed a little, with the authorities easing policy while continuing to pay close attention […]
Credit Risk: The Definition of Default (BOE)
Overview In this Consultation Paper (CP), the Prudential Regulation Authority (PRA) sets out its proposed approach to implementing the European Banking Authority’s (EBA’s) recent regulatory products relating to the definition of default in the Capital Requirements Regulation (575/2013) (CRR). The EBA has developed a roadmap of regulatory products (‘EBA roadmap’) with the aim of reducing […]
Changes to Assets Eligible as Collateral Under the Bank of Canada’s (the Bank) Standing Liquidity Facility
As part of an ongoing review of the Bank’s collateral policy related to the Standing Liquidity Facility (SLF), the Bank is announcing several changes to the assets accepted as collateral under its SLF. Consistent with the recommendations of the Financial Stability Board’s principles announced in October 2010 the Bank is removing from the policy all […]
Solvency II: Data Collection of Market Risk Sensitivities
This supervisory statement sets out the Prudential Regulation Authority’s (PRA) expectations in respect of the reporting of sensitivities of solvency position to various changes in market risk. The firms in scope are those insurance or reinsurance firms most exposed to market risks. These are primarily Category 1 and 2 firms in the life sector, and […]
Payment Systems Memorandum of Understanding
Bank of England, PRA, FCA and PSR review Memorandum of Understanding in relation to payment systems in the UK The Bank of England (BoE), the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payment Systems Regulator (PSR) have a Memorandum of Understanding (MoU) that sets out the high-level framework the Authorities use […]
ECB: Monetary policy decisions. 26 June 2018
Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively
Introductory Remarks – Vice Chairman for Supervision Randal K. Quarles.
Good morning. I am sorry that I cannot be with you in person for this third roundtable hosted by the Alternative Reference Rates Committee (ARRC), but I wanted to tape these remarks to make clear the Federal Reserve’s full commitment to mitigating the risk to financial stability should a key reference rate cease to be […]
Getting It Right: Factors for Tailoring Supervision and Regulation of Large Financial Institutions
I want to thank the American Bankers Association for inviting me to speak.1This is an era of relatively rapid evolution in banking regulation, an area of human endeavor that is not commonly known for its speedy metamorphoses. But in the time since I became the Vice Chairman for Supervision at the Federal Reserve, we have […]
FED: Semiannual Monetary Policy Report To The Congress
Good morning. Chairman Crapo, Ranking Member Brown, and other members of the Committee, I am happy to present the Federal Reserve’s semiannual Monetary Policy Report to the Congress. Let me start by saying that my colleagues and I strongly support the goals the Congress has set for monetary policy–maximum employment and price stability. We also support clear […]
RBA: Minutes of the Monetary Policy Meeting of the Reserve Bank Board
Members Present Philip Lowe (Governor and Chair), Guy Debelle (Deputy Governor), Mark Barnaba AM, John Fraser, Ian Harper, Allan Moss AO, Carol Schwartz AM Members granted leave of absence to Wendy Craik AM and Catherine Tanna in terms of section 18A of the Reserve Bank Act 1959. Others Present Luci Ellis (Assistant Governor, Economic), Christopher Kent (Assistant Governor, Financial Markets), Alexandra Heath (Head, Economic Analysis Department), Jonathan Kearns (Head, Financial Stability Department) Anthony Dickman […]
FOMC: Discount and Advance Rates, Monetary Policy Implementation
DISCOUNT AND ADVANCE RATES — Requests by six Reserve Banks to maintain the existing primary credit rate and requests by six Reserve Banks to increase the rate; requests to renew the secondary and seasonal credit formulas. Existing rate and formulas approved. June 4, 2018. ————————————————————————- Today, Board members discussed economic and financial developments and issues […]
