Official Record
CPMI creates framework for linking payments
Linking and use of APIs could cut need for long chains of correspondent banks, report says
FSB cross-border payments work hampered by data problems
Measuring progress “will not be straightforward”, working group says
Brazil central bank union ends strike
Months of industrial action fail to secure requested pay increase
Zimbabwe fights inflation with gold coins
Announcement comes after currency devaluation
Chile central bank opens CBDC survey
Poll is part of gradually unfolding evaluation of potential digital currency
IMF set for governance reform in wake of ‘Doing Business’ controversy
Board to make changes to data integrity, whistleblower protection and dispute resolution
US core inflation continues decline
Headline PCE inflation flat as food and energy inflation remains buoyant
Bangladesh Bank orders second rate hike
Central bank publishes monetary policy for 2022–23
Guatemala hikes rates 25bp for second consecutive month
Board blames global commodity prices, as inflation breached target range in May
Dominican Republic orders 75bp rate rise
Core inflation still rising as central bank orders sixth rate hike in eight meetings
Taiwan completes phase two CBDC trials with banks
Resolving further challenges could take at least two years, governor says
Danish central bank sceptical on retail CBDC
Report says existing payment systems offer similar benefits, but case for CBDC could change
Hungary makes shock 185bp rate increase
Central bank responds to inflation and weak forint with largest increase since 2008
Czech central bank raises rates after inflation hits 16%
Expectations could become unanchored from 2% inflation target, board warns
China loans Pakistan central bank $2.3 billion
Ailing country in talks with IMF as foreign exchange shortage crimps fuel purchases
Japan and Soramitsu to conduct Asia-Pacific CBDC studies
Observers note de-dollarisation and spread of e-yuan as potential motivations
Thai MPC split over rate hikes, minutes show
Minority of committee members voted for policy rate rise at last meeting
Zimbabwe central bank negotiates lower bread prices
Russia-Ukraine war and weak currency bring misery to southern African country
SNB raises rates for first time since 2007
Jordan says the Swiss central bank is ready to prevent “second-round effects” becoming entrenched
BIS unveils ‘post-quantum cryptography’ project
Innovation Hub centres will also explore climate disclosures and CBDC security
RBI aims to triple volume of digital payments by 2025
New strategy document aims to build on “phenomenal” growth in electronic payments
North Macedonia makes third 25bp hike
Central bank moves to increase local currency deposits, while inflation reaches double digits
Costa Rican central bank raises rates to highest level since 2011
Board also orders increase in reserve requirements from July as inflation remains over target
Argentina increases reference rate 300bp
Central bank says it anticipates inflation will fall despite continuing rise