News
Central banks face challenges in diversifying reserves
Gold could gain in popularity despite carbon challenges as renminbi faces problems, panellists say
BoJ to reduce its government bond purchases
Central bank will announce bond-buying details at next meeting and keeps rates unchanged
Ransomware payments can be necessary, say panellists
Paying off hackers may be only way to safeguard financial stability, despite risks
US politicians urge Fed to lower interest rates
Democratic senators and congress members say CPI likely to be “grossly overstating” inflation
How the Czech National Bank brought inflation down from 18% to 2% in two years
Governor Aleš Michl on the road to 2% inflation and future profitability
Central Banking Awards 2024 ceremony honours best in field
Shirakawa receives lifetime award and Brazil is named central bank of the year
Argentina extends swap agreement with China
Central Bank of Argentina says it will repay activated $5 billion swap by mid-2026
Ukraine’s central bank is reforming during wartime, governor says
NBU is strengthening insurance and investment, Pyshnyy tells summer meetings
Supervisors must embrace technology – ECB’s McCaul
Data is “growing exponentially”, so supervisors must innovate to track risks, supervisory board member says, as SSM digitalisation enters ‘phase 2’
Central bankers warn of US election risks
Danger of tariffs and supply chain disruptions, Central Banking Summer Meetings hear
Bank of Thailand holds rate again
Policy-makers agree to hold rate despite government pressure to cut
BoE reserves framework drawn into political arena
Minor party’s proposal to axe interest on reserves highlights BoE’s costly operating framework
Pakistan cuts interest rates for first time in five years
Central bank says growth of exports and remittances bolsters foreign exchange reserves
ECB penalises European banks for not meeting climate risk deadline
European real estate market remains a concern but banks are in a “robust” position, Jochnick says
Riksbank updates benchmark rate calculation method
Swestr to become more robust, especially around year-end
Two BSP policy-makers resign over scandal, reports say
Officials resigned over “ghost employees” investigation at Philippine central bank, reports say
ECB appoints three senior officials to supervisory board
Irish, French and Portuguese trio to replace current members by the end of the year
Bank of Israel governor warns of war’s impact on GDP
Yaron reiterates calls for committee on determining defence budget
Reserve Bank of India plans to take payments system to 20 countries
Peruvian central bank signs agreement to use India’s Unified Payment Interface
RBI holds rates as food inflation lingers
Normal monsoon could bring prices down, Indian central bank says
Clash between Yemen’s central banks escalates
Rival central banks issue retaliatory bans on transacting with financial institutions
Saudi Central Bank joins mBridge
Cross-border CBDC project with China, Hong Kong, Thailand and the UAE opens up further to private sector
ECB cuts policy rate by 25 basis points
Strong eurozone wage growth rules out commitment to further cuts, says governing council
Bank of Canada reduces rates by 25bp
Macklem says runway for a soft landing is in sight and policy is working