News
Canada suspends involvement in China-based bank
Former official says AIIB is controlled by the Chinese Communist party
Ukraine war has valuable lessons for central banks, governor says
Central Banking Summer Meetings: Pyshnyy says new IMF aid structures will make the world safer
ECB raises rates again and signals more tightening
Tight labour market and core inflation surprises have driven forecasts higher, Lagarde says
Japan’s finance minister mulls purchase of BoJ’s ETF holdings
Analysts believe asset purchase programme is to stay for the time being
Costa Rica proposes strengthening central bank independence
Government wants to remove finance minister from board and change audit procedures
PBoC cuts key policy rate
Chinese central bank ramps up support as new data suggests recovery is slowing
RBA to pay back around 1,200 underpaid staff
Australian central bank admits hiring firm at centre of tax scandal to resolve pay problem
Fed holds policy rate steady
Powell says conditions for lower inflation are coming into place, and July will be a “live meeting”
Strategic investment yields bigger impact than tactical, say managers
Central Banking Summer Meetings: Active investment is essential to understand market dynamics
Foreign de-risking keeps Somali banks isolated, governor says
Central Banking Summer Meetings: Somalia needs to rejoin world finance system after payments success
Cash here to stay, at least as a store of value
Central Banking Summer Meetings: As cash use in payments decline, it may become unprofitable for private actors
Borrower-based measures show value as macro-pru tools
Central Banking Summer Meetings: Central bankers resist pressure to ease buffers at first sign of downturn
Central bankers warn of systemic cyber risk
Central Banking Summer Meetings: Officials recommend automating configuration checks
The winners of the 2023 FinTech RegTech Global Awards
Sixth annual tech awards recognise excellence among central banks and the private sector
PBoC cuts short-term interest rate to support economy
Analysts believe central bank may ease policy further as Chinese economy continues to struggle
Senior US officials criticise new third-party risk guidance
Members of Fed and FDIC boards object to vagueness and burdens on smaller banks
Explicit policy guidance ‘fraught with risks’ – RBI’s Das
Central Banking Summer Meetings: Policy-makers need to be “nimble footed”, governor says
Pakistan holds rates despite high inflation
Reserves resume fall as balance of payments crisis continues
Former PBoC deputy governor expelled from Communist party
Anti-corruption body accuses fintech and pyaments overseer Fan Yifei of accepting large bribes
Nigerian president suspends governor
President calls for lower policy rates and unified FX regime, and says Emefiele is under investigation
Ukrainian hackers claim attack on Russian banks
Cyber attack targets Bank of Russia’s interbank system, disrupting payments
Chile’s central bank aims to boost reserves by 28%
Programme aims to buy $10 billion in FX over 12 months after interventions to support peso
Angolan governor leaves role to join cabinet
Massano takes over economics portfolio after violent protests against fuel price hike
Bank Negara Malaysia veteran named as next governor
Shamsiah will step down when her first term ends, handing over to current deputy governor