News
Lebanese central bank increases withdrawal allowances for month
Equivalent of two monthly payments allowed in view of Israeli attacks
Colombia cuts rates by 50bp in split decision
Recent constitutional reform bill could hurt fiscal sustainability, says central bank
Exact inflation at 2% not ‘realistic, nor necessary’ – BdF governor
Villeroy de Galhau says central banks should advocate for structural policies
Three-quarters of UK financial firms use AI – BoE’s Breeden
Deputy governor previews survey result in speech on AI’s financial stability risks
BIS to hand over Project mBridge to central banks
CBDC platform does not help Brics countries evade sanctions, says Agustín Carstens
MAS launches new fintech network
Global Finance and Technology Network to hold forums, offer advisory services and invest in start-ups
Lebanese central bank urged to allow more cash withdrawals
Depositors unable to draw on savings as Israeli incursion with Israel continues
US public disagrees about Fed’s political leanings
Republicans think Fed favours Democrats, and vice versa
BoJ holds policy rate
Central bank highlights need to monitor US economic developments and domestic data
SNB to launch new banknote series
Bank to “pay homage to the country’s unique topography” on new bills
HKMA partners with Thailand and Brazil on cross-border tokens
Interoperability work using tokenisation will focus on settlement in trade finance and carbon credits
Thai government and BoT agree to keep inflation target intact
Central bank and government reach price goal consensus despite a year of tensions
ECB paper finds asymmetric spillover from US monetary policy
Tightening episodes affect emerging markets more than expansionary episodes do, say researchers
Three plans for digital payments: India, UK, and BIS
Das, Bailey, and Carstens discuss complementary tech, commercial bank innovation, and common platforms
Armenia cuts interest rate to 7.25%
Economic activity softens in third quarter
PBoC and HKMA to link up instant payment systems
Trial in 2025 will allow residents to make cross-border small-value transactions
IMF panellists debate need for updated policy frameworks
Policy frameworks should be informed by pandemic lessons, say central bankers
IFC to boost local currency financing in Nigeria
Central bank signs agreement intended to unlock more than $1 billion of funding in coming years
BIS shows how to automate cross-border payment compliance
Innovation Hub completes proof of concept with Asia-Pacific countries
AI combines age-old issues with new opportunities, say panel
Governors from Rwanda, South Africa, and Sweden weigh in on how AI will change central banking
PBoC launches new reverse repo operations
Injections via new liquidity tool could help offset maturing central bank loans to banks in fourth quarter
Governors weigh macroeconomic risks at G30 event
Officials from Netherlands, South Africa, BIS and more consider debt, inflation and climate change
Norges Bank governor explores monetary policy trade-offs
Demand channel requires greater unemployment than currency channel, Bache argues
Central bankers reflect on wins and challenges of mBridge
Multi-CBDC project’s transaction value has grown, but regulatory and operational issues remain