Central Banks
Uruguay again holds policy rate at 8.5%
Inflation stays within target, but central bank remains cautious as neighbours begin easing
Fiscal upside, economic downside to EU deficit procedure – study
Fiscal consolidation sometimes led to restrictive pro-cyclical stances, research finds
ARRC replacement aims to dodge rates ruckus
Fed’s new reference rate committee wants to avoid reigniting battles about term and credit-sensitive rates
The hidden dynamics behind China’s BoP ‘errors and omissions’
Marcello Minenna highlights the possible implications an unaccounted-for £30bn has for the PBoC
ECB will ‘probably’ cut rates in October – BdF governor
Central banks can help fight against political extremism by “restoring trust”, says Villeroy de Galhau
India agrees currency swap with Maldives
RBI to provide $760bn in support to archipelago
Former governor warns against interference with Bank of Thailand
Tarisa Watanagase urges selection panel to act independently when picking new chairman
Moldovan central bank launches digital auto insurance certificate
National Bank of Moldova moves away from paper to encourage take-up and increase security levels
FDIC’s McKernan wants single capital stack in Basel III endgame
Rebuffing Barr’s offer of a partial rollback, Republican director also targets op risk framework
Ethiopian central bank allocates $175 million for fuel payments
Decision follows awarding of licences for currency exchange to non-bank FX bureaus
Lessons learned on macro-pru policies
Macro-prudential tools are proving their worth although use cases vary by country; integration into over-arching policy frameworks remains a challenge
New Zealand looks into expanding RTGS access to smaller firms
Central bank seeks to strike balance between opening access and mitigating risks from non-banks
MAS boosts support for training financial leaders
Singapore’s central bank to provide more funding to upskill promising finance professionals
ECB stands firm on fining banks over climate risks
Board member says lenders could pay daily penalties for not addressing environmental concerns
Close ‘huge’ gender gap to boost GDP – North Macedonia governor
Head of central bank says supporting female entrepreneurs could add $5trn-6trn to global economy
The Netherlands Bank overhauls nowcasting model
Economic dynamics have become more complicated since the pandemic, economists say
Navigating uncertainty: the impact of the 2024 US elections on emerging markets
Franklin Templeton analyses possible outcomes of the US elections, the effect on trade, foreign and domestic policies, market impact and implications for emerging market (EM) economies
Climate stress tests are cold comfort for banks
Flaws in regulators’ methodology for gauging financial impact of climate change undermine transition efforts, argues modelling expert
Estonia’s head of cash on sunsetting low-value coins
Bank of Estonia’s Rait Roosve speaks with Levente Koroes about the country’s decision to stop minting one- and two-euro cent coins and its impact on access to cash
ECB official open to offering liquidity aid to non-banks
Deputy director doesn’t rule out copying UK plan to extend repo facility to pension funds and life insurers
Central banks buying less gold
Net purchases in August were lowest monthly level since March, says World Gold Council
Geopolitics and cyber security remain top systemic risks – BoE
Respondents less worried about UK stability, but international tensions a growing concern
Bank of Thailand launches data-sharing initiative
Central bank and regulators plan to make consent-based data-sharing mechanism operational in 2026