To fight inflation, central banks have to increase interest rates. Their operating procedure consists of raising the rate of remuneration on commercial banks’ reserves held at the central bank. In doing so, central banks now make large interest payments to banks and the fight against inflation is making central banking a loss-making activity.
Crypto ecosystem must apply anti-corruption rules By OMFIF editors Tom Neylan, senior policy analyst at the Financial Action Task Force, spoke to OMFIF about the challenges of applying anti-money laundering rules to the crypto ecosystem.
Oliver Berger, head of Middle East & Africa at State Street Corporation, discusses IT transformations in central banks, the challenges and opportunities of big data for reserve management and technological solutions.
This edition of the Bulletin sheds light on the challenges and opportunities presented by changing population dynamics. Some contributors note that shifting demographic patterns are cause for alarm, while for others, the message is not all doom and gloom.
