Central Banks
Bank of Canada cuts rates by 25 basis points
Monetary policy “cannot offset the impacts of a trade war”, says central bank
Eurozone outlines payment verification system
ECB says new service will build on work by Portuguese and Latvian central banks
US homes not adequately insured against disasters – report
Philly Fed study says most households do not have coverage to rebuild following catastrophic damage
Ueda reaffirms BoJ’s exit from controlling long-term rates
Governor says surging bond yields are natural reflection of market expectations
Protesters occupy Irish central bank headquarters
Pro-Palestinian activists oppose institution’s involvement in sale of Israeli bonds
Issuing green bonds signals firms’ intent to cut emissions – BIS study
However, instruments are no panacea when it comes to tackling climate change, research says
Rates should stimulate economy in response to tariffs – study
Optimal monetary policy promotes employment and income, Minneapolis Fed paper argues
Rising long-term yields reflect uncertain sentiments – BIS
Latest quarterly review highlights diverging trends in bond, equity and corporate credit markets
‘Trump slump’ hedges rise on rate cut fears
One dealer notes five-fold increase in number of clients hedging against possibility of faster easing
Pakistan pauses easing cycle after six consecutive rate cuts
Central bank says high core inflation could still drive up overall price levels, despite fall in headline figure
MNB to follow ‘disciplined, patient policy’ – new governor
In first speech since taking office, Varga says bank will closely monitor food and service inflation
ECB calls for new macro-pru approach to address cyber risks
Stress-testing should combine top-down and bottom-up elements, latest bulletin says
Credit delinquency rise may be due to home priorities – study
Consumers choosing to repay auto and home loans rather than credit cards, say authors
Bank of Israel responds to criticism over high rates
Chair of parliamentary committee had blamed tight policy for lenders’ excess profits
Moldova joins Single European Payments Area
Central bank hails “historic decision” that it says will save citizens €12 million annually
US tariffs will create persistent inflationary pressures – study
Dallas Fed paper say trade costs raise price levels sustainably above US central bank’s target
Risk of inflation de-anchoring is higher in US than Canada – study
Authors say risk has also risen for both countries post-Covid
UK unfreezes Syrian central bank assets
Decision follows similar move by EU, though US sanctions remain in place
Fast payment systems enhance financial inclusion – BIS paper
Researchers examine systems’ spread in Latin America and Caribbean
Do central bank governors make good prime ministers?
Mark Carney is the latest to make the leap, but the record elsewhere has been mixed
European Central Bank continues easing with 25bp cut
Revised forecast points to stunted growth, as Lagarde says bank is operating in “high uncertainty”
‘No strategy’ in US tariffs, says Mexican economist
Measures ignore “triangular” trade relationship between US, China and Mexico
Disinflation is still on track, BoE governor insists
Officials tell UK parliament that success so far does not mean mission is complete