News
Likely Polish prime minister repeats vow to remove governor
Central bank uses billboard to set out message as Tusk says parliament may impeach Glapiński
IMF says Bahamas must tighten monetary financing rules
Country adopted new limits on central bank loans in April, but IMF says cap still too high
FSB warns of spillovers from ‘multifunction’ crypto firms
High risks and poor governance in crypto sector could impact traditional finance, report says
Heatwave cost Texas 1% of GDP in 2023, says Dallas Fed research
Higher temperatures have significant effects on productivity, but less on jobs, paper finds
Bank of Israel keeps interest rates unchanged
Yaron warns government over fiscal policy as central bank cuts growth forecast
RBI replaces bank’s management over governance concerns
Supervisors intervene over “poor governance standards” but allow lender to continue operating
Parliamentary committee calls for BoE governance reforms
Report urges simpler mandate, greater “diversity of thought” and regular reviews
Argentina’s Milei struggles to find central bank governor
Two candidates refuse position amid uncertainty over dollarisation plans
Australia announces RBA governance law and new deputy governor
Labor government appoints BoE official Andrew Hauser to senior role
China appoints head of foreign exchange regulator
Veteran banking executive Zhu Hexin to lead Safe in latest change among senior financial officials
Cyprus central bank defends supervision after sanctions-busting claims
Prime minister pledges report after media investigation says Russians used local firms to dodge sanctions
Korea plans to run a CBDC pilot next year
Bank of Korea and financial regulators plan to involve 100,000 citizens in a real-world CBDC pilot in Q4
Sarb governor confirms Treasury may draw on reserves to service debt
South African authorities considering use of $25 billion to address ‘expensive’ repayments
ECB willing to hike rates further, say minutes
Governing council stresses it needs to be persistent and vigilant to bring inflation to 2% target
Incoming New Zealand government pledges to return to single price stability goal
New coalition government agrees to amend central bank laws to remove RBNZ’s dual mandate
Turkish central bank raises rates above market expectations
MPC hints it may be near end of tightening cycle despite continuing high inflation
Carstens says ‘quantum leap’ needed to overcome legacy systems
BIS chief says tokenisation, CBDC and unified ledgers could ‘democratise’ finance
Riksbank keeps policy rate at 4%
Most analysts think the Swedish central bank has reached peak rate
Two dozen Vietnamese central bankers accused of bribery
Vietnamese authorities allege 24 central bank officials took bribes from a troubled lender
RBI’s Das warns banks to avoid ‘exuberance’ as credit surges
Indian central bank tightens macro-prudential policy on consumer credit
CBDC features will have financial stability effects – Fed paper
Design choices could cut chance of bank runs and disintermediation, authors say
Eurozone banks show “early signs of stress”, ECB warns
High interest rate will test eurozone’s resilience while some non-banks are at risk, review says
Chinese premier Li Qiang becomes CFC head
Former PBoC deputy governor likely to lead foreign exchange regulator, reports say
Treasuries market is robust, NY Fed officials tell conference
Financial markets need more data transparency, though