Central Banking
Automated market-makers create market integrity and stability risks – research
Canadian research warns of real economy impact, depending on level of interconnection
Banxico dovish in minutes published after rate hold
Minutes “softly hints at rate cut”, analyst says
China and Kazakhstan to co-operate on CBDC research
The two Asian central banks set to carry out joint research and training
Malaysian central bank holds policy rate
BNM expects higher inflation later this year as government phases out fuel subsidies
Bank of Korea holds rate but signals possibility of future easing
Governor Rhee Chang-yong says the board can consider rate cut at “appropriate time” in the future
Policy should ‘accommodate’ core inflation to ward off unemployment – paper
Central banks can help insulate vulnerable households in event of energy shock
Full-scale war with Hezbollah is a tail-end event – Bank of Israel deputy
Andrew Abir says central bank has advised government to ensure adequate fiscal space as it expects war to last longer and revises its growth and inflation forecasts
Gambia receives $11m from IMF
Inflation is easing, but remains well above target
Politicians not ‘blindly’ ideological when judging ECB – research
Right-wingers prefer narrowly focused mandate but data shapes all representatives’ views, paper says
Cash use on the decline in Germany
Card and mobile payments gain ground as cash’s share of payments falls to 51% in 2023
BIS launches joint project to map supply chains
IMF, World Bank, United Nations and others join Project Insight
RBA plans to migrate to third-party data centre
Releases tender for panel of legal advisers to review proposals
ECB official calls for European AI strategy
Plan required to keep European firms competitive, ECB board member Cipollone says
Turkey’s economic odyssey: inflation, lira decline and strategic shifts
Marcello Minenna delves into the damage of 20 years of ‘Erdoganomics’
Powell warns of commercial real estate risks
Fed chair tells Senate further cooling of the labour market could induce a rate cut
BIS appoints secretary-general and Innovation Hub leaders
Véronique Sani takes over from Monica Ellis as secretary-general to the bank
RBNZ holds policy rate again
Policy-makers express optimism on inflation but remain cautious for now
‘Unprecedented’ immigration boosts US economy – Dallas Fed
Authors say there is reason to believe immigration is net neutral for inflation
Aggressive monetary policy hits poorer harder – research
New York Fed authors find stabilising demand shocks has positive distributional outcomes
US labour markets approaching pre-pandemic state, report finds
Simple rules suggest fed funds rate should be at or below current level, report says
BoE should hold rates until pressures have eased, Haskel says
Changes to labour market estimates helped shift policy decisions, MPC member says
Inflation rebounds in OECD countries
Rising energy costs drive uptick in many economies, but G7 avoids increase
Vietnam mandates biometric verification for many online transactions
Bank customers must provide face or fingerprint ID for transactions over $393