News
Maltese prosecutor charges central bank governor with fraud
Scicluna previously denied all wrongdoing while serving as finance minister
Ukraine’s central bank lifts more currency restrictions
Moves will enable more investment and strengthen economic recovery, NBU says
RBA keeps policy rate unchanged amid sticky inflation
Central bank raises inflation forecasts, as inflation declines more slowly than expected
Bundesbank’s Nagel: central bank business models are changing
Panetta says wholesale CBDC likely to launch sooner than retail; Das gives update on digital rupee
Asean+3 to launch new financing facility
Thirteen Asian states say fund will deal with exogenous shocks’ effects on balance of payments
Turkey official inflation surges to nearly 70%
Finance minister Şimşek says inflation will peak in May and then decline
Retail CBDC complexity may discourage adoption, says research
Kansas City Fed author argues Caribbean CBDCs have struggled to add value
Danish central bank warns over interest-only mortgages
Amortisation requirements for “riskiest loans” may reduce housing volatility, report says
RBA report looks at cross-border payments
Multilateral platform would be more scalable than bilateral links, Australian central bank says
Communications Benchmarks 2024 Charts
Take a deep dive into the Communications Benchmarks charts, which have just been released for 2024.
Binance founder sentenced to four months in prison
Nigerian court adjourns separate money laundering case against the crypto exchange
UK banks earn over £9bn interest on reserves with BoE
Higher interest rates present banks with bumper earnings
Former head of PBoC’s digital currency arm under investigation
Probe comes after Beijing launched a three-month anti-graft inspection
Fed holds rates as it struggles with inflation’s last mile
Experts disagree over risks of rising inflation and difficulty of Fed’s position
Day-to-day payments too reliant on big tech – BdF deputy
Digital euro will not create a European ‘Big Brother’, Denis Beau says
Growth to slow in Asia-Pacific this year, IMF says
Fund cites ageing populations and lower productivity
ECB staff speak out against changes to internal survey
“Dignity at work” survey to be followed up later, central bank says
Bank of Russia holds rates
Nabiullina hints at significant fiscal change and says “inflationary pressure” remains
Payment fraud is on the rise in Denmark and Sweden
Scammers and fraudsters are moving to digital realm
US needs to change bank takeover rules, FDIC official says
Rohit Chopra criticises SF Fed over bank linked to Sam Bankman-Fried firms
Sharp yen rises spark speculation over government intervention
Japanese minister refuses to comment on whether authorities acted to stem currency’s fall