News
Carstens advances vision for future tokenised financial system
‘Finternet’ proposal envisages payments across linked unified ledgers
Vietnam’s central bank lends $24 billion to troubled bank
State Bank of Vietnam offering liquidity lifeline to lender mired in financial scandal, Reuters reports
Fed policy-makers disagree over risks
Williams and Goolsbee say policy is restrictive but Logan takes different view
‘Stretched’ bond markets vulnerable to instability – IMF
Expectations of soft landing have compressed spreads and could lead to sudden repricing, report says
Central banks need caution in easing policy, IMF says
World Economic Outlook says most indicators still point to soft landing
Bank of Israel to launch CBDC sandbox
Central bank will invite banks and fintechs to experiment with API, deputy governor says
CBDCs could increase financial instability, Fed paper says
Central banks should consider price and quantity tools to mitigate risks, researchers say
Pakistan repays bonds worth $1bn as it seeks fresh IMF loan
Debt-stricken country looks to secure about $6 billion in loans
IMF appoints Georgieva for a second term
Unilateral decision comes three years after “Doing Business” controversy
Switzerland proposes new rules to close Sib oversight gap
Public backstop to become permanent, SNB to provide more liquidity
PBoC withdraws liquidity and holds key rate
Policy-makers refrain from easing despite weak inflation and exports data
Reserve managers brace for war
Geopolitical escalation could trigger inflationary and energy shocks, RMT survey finds
South Korea keeps monetary policy unchanged
Board says it would be premature to expect inflation to fall to target level despite improvement
Singapore leaves monetary policy settings unchanged
Core inflation likely to start falling in fourth quarter and continue next year, MAS says
Vietnamese court jails former central bank officials for bribery
State Bank of Vietnam’s ex-senior supervisor avoided death penalty by returning bribes, court says
Bernanke calls for total redesign of BoE forecasting
Report calls for major changes to infrastructure, core models, staffing, communications and more
ECB holds rates as Lagarde hints at possible June change
Some governing council members wanted rate cut now, says ECB president
Bank of England: time for fourth-generation forecasting tools?
Economists suggest ways to improve BoE’s framework ahead of Bernanke’s report
MAS partners with Mastercard to tackle cyber risks
Singaporean central bank and payments firm will share information and conduct joint training
Low growth threatens to reverse living standards – IMF
AI will drive growth but also increase inequalities, fund says
Bank of Thailand holds rate despite PM’s call for cuts
Monetary policy committee expresses concern on elevated debt levels
IMF officials warn cyber risks are growing
Systemic and third-party cyber risks pose threats to central banks and firms
New Zimbabwe governor introduces ‘gold-backed’ currency
Adoption of sixth new currency in 18 years is “chaotic”, media reports
RBNZ holds rates as economy enters recession
Policy-makers keep policy restrictive to tame inflation despite economic downturn