News
Bank of Mexico to maintain tight policy, minutes say
Board says it will have to keep rates at 11.25% “for an extended period”
Hong Kong legalises retail crypto trading
Licensed exchanges will be able to trade major virtual tokens to retail investors
Sudan’s warring parties attack central bank and currency printers
Military sacks governor as fighting drives up prices amid existing food shortage
South African central bank prepares for total power failure
Sarb working on resilience plans but warns only “some transactions” may continue
Lagarde warns against excessive tightening
Eurozone inflation declined sharply in May from 7% to 6.1% and core inflation declined to 5.3%
Chilean commission proposes broader central bank mandate
Elected councillors and experts will decide on proposal before voters decide in December
Singapore’s central bank to work with Google on AI
MAS also announces AI training programme for financial sector
IMF economist takes on vexed question of macro-pru calibration
Housing markets are “at a turning point”, says Laura Valderrama, and policy faces tough trade-offs
BoJ explores holdings limits for CBDC accounts
Central bank says setting overall holding limits could raise privacy issues
Common deposit insurance essential for financial stability, says ECB
Central bank says tighter financial conditions are putting pressure on households and businesses
Thailand’s central bank raises interest rate for sixth consecutive time
Central bank highlights upside risks to inflation amid economy recovery
Nigerian parliament lifts central bank financing limit
Central bank has lent government tens of billions as fiscal problems mount
Sarb sounds alarm on sanctions risk
Central bank says country could face financial isolation if US thinks it arms Russia
Wuhan’s finance regulator asks hundreds of firms to repay debts
Call for repayment underscores debt troubles in Chinese regional governments amid wider slowdown
Payments Benchmarks 2023 charts
Take a deep dive into the Payments Benchmarks charts, which have just been released for 2023
Offline digital euro solution could be years away, ECB says
Central bank invited market participants, including Amazon, to carry out front-end protocol tests that included self-custody wallets
Turkish lira hits record lows despite FX from Gulf states
Erdoğan says he is grateful to allies but central bank reserves fall to lowest level in over 20 years
Central Bank of Chile sets first counter-cyclical buffer
BCC also warns government could face financing problems
ECB needs ‘persistence’ in tight policy, French governor says
Transmission is slow but rate should reach terminal level in summer, says Villeroy de Galhau
Sarb raises rates and warns of worsening economy
Central bank cuts growth forecast and says long-term inflation expectations are rising
Lebanon imposes travel ban on governor
Germany follows France in issuing arrest warrants for Riad Salameh
Payment security must improve, Norges Bank warns
Norwegian central bank says it will decide on design of new settlement system by 2025
Nigerian MPC continues tightening
Official figures show slight rise in inflation as pressure on currency continues
Central banks should abandon floor systems – BIS’s Borio
Abundant reserves are causing distortions and could hamper policy-making, economist says