News
Bundesbank cuts remuneration of government deposits to 0%
Measure could further reduce availability of high-quality collateral in the eurozone
BoE enters new phase of data transformation project
Team is now developing options to address challenges identified in phase one
Fed rate hikes propel ‘crypto cycle’ – IMF paper
Monetary policy more correlated with institutional investment in tech than finance
New Zealand government boosts central bank capital
RBNZ granted capital boost and indemnity
Taiwanese governor flags US sanctions risks
Yang says Taiwan should pay attention to the widening trade surplus with US
Pakistan launches sovereign wealth fund
Struggling country transfers $8 billion of shares in seven state companies to new SWF
Rates round-up: Ukraine cuts rate for first time since invasion
Thailand, Egypt and North Macedonia tighten policy; Georgia joins Ukraine in easing
Lebanon’s acting governor says he will radically change course
Wassim Mansouri pledges cuts to central bank financing and demands action from politicians
Kansas City Fed names new president
Former bank chief executive Jeffrey Schmid takes over from Esther George
Brazil makes first rate cut in cycle
Board divides 5–4 over size of reduction, with majority backing larger 50bp option
Quantum computing and AI threaten financial system, Fed says
Ransomware groups seek to “exert maximum pressure on victim organisations”
BoE raises rate 25bp as ‘mixed’ data clouds outlook
“I don’t think it is time to declare it is all over,” Bailey says
Argentine candidate promises TV exposé of ‘empty’ BCRA vaults
Bullrich says currency controls “are eating the reserves”
People round-up: Breeden promoted to BoE deputy governor
Former Moroccan governor dies; Tonga appoints deputies; and more
Colombian central bank holds rates for second meeting
Board stresses inflation remains higher than in advanced economies and Latin American neighbours
West African central bank freezes Niger’s accounts
BCEAO cancels bond issue after military detains elected president
BoJ unlikely to change policy further this year, analysts say
Central bank needs time to review situation after surprise yield curve move
Central bankers to evaluate IMF evaluation office
External panel to scrutinise Independent Evaluation Office, after 2018 review found lack of “traction”
Malawi raises rates as inflation continues climbing
Russia-Ukraine war and adverse weather events exacerbating food inflation
Paraguay president-elect names next central bank governor
Incoming finance minister promises to respect central bank independence
RBA holds policy rate as inflation eases
Lowe says inflation is falling but remains too high
Fed leadership divided on proposed capital rules
Powell warns rules could push activity into shadow banking
Currency round-up: Uganda considers dropping smallest note
Suriname banker calls for larger denominations, while Chilean ex-governor opposes them
Cambodian governor’s daughter succeeds him
Chea Serey is the first woman to lead the National Bank of Cambodia