France
EM central banks, Chinese and Indian households going for gold
Financial products have made it easier to access precious metal – BdF research
Euro has given France better interest rates – BdF official
Bénassy-Quéré says rates would have been higher if France had stayed outside single currency
Income not main determinant of inflation variances – ECB study
Research claims “fixed shopping basket” method not helpful for measuring differences across households
French energy ‘tariff shield’ cut inflation by 2.6% in 2022 – report
Authors say measures helped to boost household purchasing power and corporate margins
New NBER research sheds light on ‘cheapflation’
Savings from price discounts partially offset by price hikes for cheaper products
Banque de France and HKMA to conduct cross-border CBDC test
HKMA is the first non-European central bank to join the Eurosystem’s wholesale DLT settlement trials
GenAI could amplify cyber risks – Banque de France official
Mass use of AI could amplify “herd behaviour” in financial markets, Denis Beau warns
Reserve Bank of India plans to take payments system to 20 countries
Peruvian central bank signs agreement to use India’s Unified Payment Interface
BdF governor: ‘We will need a CBDC’
European central banks should not “lag behind” on CBDC and AI, says François Villeroy de Galhau
French president calls for expanded ECB mandate
“We cannot have a monetary policy solely focused on inflation,” Macron says
‘Do I die, or do I survive?’ Officials reflect on Basel III complexity
Ingves, Trichet and Villeroy de Galhau recall tough trade-offs at Basel Committee’s 50th anniversary
ECB should cut rates earlier, says BdF governor
French government has failed to reform since 2015, Villeroy de Galhau says
BIS project aims to redesign global payments infrastructure
“Most ambitious” innovation hub project to date will test BIS’s “unified ledger” concept
US should tighten macro-pru to reduce recession risk – BdF study
Research recommends higher capital requirements and counter-cyclical buffers
CMU should drive green and digital transitions, says BdF governor
Villeroy de Galhau calls for capital markets union to adopt “higher purpose”
Cash dominates payments in emerging economies, BdF finds
Survey based on responses from 16 central banks, mainly from emerging market economies
Debtor nations face ‘long-term pain’, BdF research finds
Long-term debt issued when rates were higher will create burden, Banque de France paper says
Finance ministry rep: a guest, a partner or an intruder?
Many central banks let government officials participate in policy meetings. Is that wise?
Banque de France says printworks are going ahead
Staff end strike as central bank agrees to appoint ergonomist to help in design of new plant
Central banks need short-run climate models – BdF governor
Governments may push central banks into ineffective climate action, Sarb governor warns
ECB needs ‘persistence’ in tight policy, French governor says
Transmission is slow but rate should reach terminal level in summer, says Villeroy de Galhau