News
Israel holds policy rate
Move comes despite higher inflation expectations
RBNZ will activate debt-to-income tool
New Zealand central bank to bring in new macro-prudential tool in July
ECB paper recommends central fiscal instrument
Governments’ ability to delay fiscal consolidation should be limited, researchers argue
Egypt holds policy rates
Central bank says improved external financing after IMF loan will help price stability
FOMC members concerned over US inflation, minutes show
Some committee members sought to maintain pace of Fed’s balance sheet selloff
IMF says Iceland’s path is clear to easing rates
Housing and bank supervision remain a concern and central bank independence needs safeguards
Turkey holds interest rates
Central bank leaves door open for tightening monetary policy
Central Bank of Brazil delays crypto regulation to end of year
Second public consultation to be launched
Nigerian central bank raises rates for third consecutive time
MPC says tight policy is starting to work but calls for more action on food security
Hungary close to end of easing campaign as it cuts rate by 50bp
Vice-governor Virág hints at “one more cut” in June
Bank of Israel to offer banking licence to credit card companies
New entities will be allowed to operate with “more lenient” regulations, supervisor says
Food prices keep Indian inflation up – RBI
Target may only be reached in H2, central bank research says
China links CBDC to Hong Kong’s fast payments system
Hong Kong residents can top up wallets via 17 retail banks as PBoC continues to promote use
FDIC chair Gruenberg steps down after harassment review
Hundreds of reports of inappropriate behaviour at FDIC have come to light
Global supply chains undergoing “great reallocation”, expert says
Mexico is biggest winner from US trade shift, economist tells Atlanta Fed conference
Hungarian minister calls central bank ‘unco-operative’
MNB’s critique of government strategy draws official’s rebuke
Bank of England may cut rates soon – deputy governor
Pressures have faded but economy is facing second-round effects, Broadbent said
Bank of Spain imposes capital buffers on Portugal-exposed lenders
Move follows Bank of Portugal’s November decision over possible risks in housing market
G7 may use Russian asset profits to fund Ukraine
US asks European governments to agree money should back $50 billion loan
Eurosystem completes first DLT experiment
Austrian central bank settled “mock transaction” on distributed ledger technology
Bank of England to increase staff in regional office
Seven-fold expansion of Leeds employees will widen talent pool and improve trust, BoE says
World Bank to issue first international CHF digital bond
Bond to be settled by Swiss franc wholesale CBDC
Data ‘does not warrant’ July cut by ECB, Schnabel says
Eurozone inflation risks remain tilted to the upside, ECB board member warns
Fed green lights more capital relief trades
Five US banks authorised to issue repeat credit-linked notes backed by financial guarantees