With countries such as China and Sweden are studying plans to create a new form of money – a central-bank digital currency. CBDCs risk revolutionizing both the way money is created and distributed.
As the governor of China's central bank oversees the stability of the world’s second largest economy, this leadership change is one the global economy is watching closely.
New Zealand's new government wants the central bank to focus on maximising employment. But experience from other countries shows this is unlikely to change policy.
The chair of the Federal Reserve is often considered the world's 'second-most-powerful person.' So who is Jerome Powell and why does it matter that he may soon head the Fed?
A new report suggests the board of the Reserve Bank of Australia should income a "representative of the poor". This is a proposal worthy of consideration.
South Africa's Public Protector, has been exposed as incompetent after trying to meddle with the constitutional mandate of the country's central bank.
Randal Quarles, the president's first nominee to the Federal Reserve's board of governors, has argued the bank should use rules to make decisions. But could such a shift prove disastrous in a crisis?
There's a raging debate in South Africa about the role of its central bank. This is inevitable given that so much is changing in the world of central banking and in economic life.
South Africa's Public Protector, Busisiwe Mkhwebane has touched on two highly contentious issues: the unresolved bailout for a local bank three decades ago. And the role of the country's Reserve Bank.
The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it's fairly confident the economic recovery will continue. Is it overconfident?
Many observers argue the Fed's wrong to raise rates so soon. Here's why they're wrong.
Trump's attacks on the Fed have raised questions about its independence, but there is more to good governance than that.
It's becoming a matter of 'when' rather than 'if' the first central bank takes the plunge and introduces quantitative easing for the people.
Mark Carney, governor of the Bank of England, has been criticised for his comments on how Brexit will affect financial stability in the UK.
With economies in Europe and America forging very different recoveries, their central banks are having to navigate by different stars.
Whenever speculation grew louder that the Federal Reserve would lift its target interest rate this year, stocks took a dive. Here's why.
The more important question is when the federal government will get in the game and help support the economy.
Alexander Hamilton's story is our story. It would be a mistake to remove him from the $10 bill.
The South African Reserve Bank is a fine example of clear communication of the decision whether to hold, increase, or decrease interest rates. It also gives clear signals of future decisions.
The desire of some lawmakers to subject the Fed to extra scrutiny betrays a misunderstanding of central bank independence and monetary policy.