Articles by Central Banking Newsdesk
PBoC holds key lending rates
Market-based lending rates remain unchanged as economic data remains mixed
ECB paper presents new measure of bank performance
“Bank edge” compares individual banks’ book returns to benchmark portfolio
Russian central bank reacts to tighter US sanctions
Bank of Russia suspends some dollar trading as G7 countries consider moves against Chinese banks
PBoC overhauls monetary policy framework
Central bank aims for clearer policy rate, bigger role for bond trading and use of “structural” tools
Simpler models can capture dynamics of Hank framework – NBER paper
Heterogeneity can be “irrelevant” to determining output in some situations, authors find
UK inflation touches BoE’s target
Alignment with goal expected to be short lived but opens door to rate cuts later in year
Armenia receives support from IMF as inflation turns positive
Central bank carries out ninth consecutive cut but says inflationary pressures remain low
Iran to launch digital rial on Kish Island
Central bank aims to develop digital micropayments domestically
Expanded IMF mandate presents ‘serious’ challenges, review finds
Independent review finds staff have been overstretched by work on climate, gender and technology
GenAI could amplify cyber risks – Banque de France official
Mass use of AI could amplify “herd behaviour” in financial markets, Denis Beau warns
BIS and BoE launch project to simplify FX transactions
Project Meridian FX seeks to link RTGS and DLT systems
Start small to secure resources for AI, central bankers say
Data-driven results could demonstrate GenAI’s usefulness, Summer Meetings hear
Swedish government proposes $2.37bn injection for Riksbank
Government proposal falls short of central bank’s request
BoJ to reduce its government bond purchases
Central bank will announce bond-buying details at next meeting and keeps rates unchanged
US politicians urge Fed to lower interest rates
Democratic senators and congress members say CPI likely to be “grossly overstating” inflation
African states should end fixed exchange rates, IMF official says
More credibility on monetary policy is best cure for “fear of floating”, Selassie argues
Bank of Thailand holds rate again
Policy-makers agree to hold rate despite government pressure to cut
Pakistan cuts interest rates for first time in five years
Central bank says growth of exports and remittances bolsters foreign exchange reserves
Riksbank updates benchmark rate calculation method
Swestr to become more robust, especially around year-end
ECB appoints three senior officials to supervisory board
Irish, French and Portuguese trio to replace current members by the end of the year
BIS to test automatic FX settlement in wholesale CBDC
Project will explore how interlinked payments systems can improve cross-border payments
Bank of Israel governor warns of war’s impact on GDP
Yaron reiterates calls for committee on determining defence budget
CBDC would have little effect on real economy – BoK paper
Researcher says CBDCs would have marginal but positive effects on output
RBI holds rates as food inflation lingers
Normal monsoon could bring prices down, Indian central bank says