Official Record
Uruguay accelerates loosening as inflation hits record low
Central bank says monetary policy remains in “restrictive phase”
Uganda cuts rate for first time since 2021
Central bank head refuses to comment on World Bank decision to halt funding
Russia starts digital ruble trials
Sanctioned banks are participating in CBDC pilot
Brazil’s CBDC to improve access to ‘intelligent financial services’
BCB expected to launch digital currency in 2024
US CPI inflation rises slightly
Rising shelter prices cause more than 90% of increase, but SF Fed predicts they will fall
US regulators fine firms $549 million for using messaging apps
Feds say brokers violated recordkeeping laws by using WhatsApp and similar services
Reports of cash restrictions in Niger
West African central bank froze relations and closed local offices after July 26 coup
PayPal launches US dollar stablecoin
Company will publish reserves report in September
BoJ board member says sustained 2% inflation within reach
Firms may have become more willing to raise wages, some policy-makers noted in July meeting
US legislators draft bill to limit Chinese influence at IDB
Proposal demands public reports of Chinese influence and contracts at the development bank
German economy remains stagnant in Q2
Official figures show no growth as outlook for eurozone largest economy’s remains weak
Eastern Caribbean will drop UK monarch from notes
Heads of government decide to place ECCU’s symbol on new series of notes
UK inflation falls to 7.9%
Drop exceeds Reuters poll prediction, but headline rate still almost four times target
German inflation to fall again from September, says Bundesbank
One-off effects boosted inflation from 6.3% in May to 6.8% in June
ECCB launches new website
Updated site accompanies “virtual museum” on Eastern Caribbean Central Bank
UAE and India to create bilateral settlement system
Messaging link would remove need for Swift, RBI governor says
Ecuador refines more than a half-tonne of gold from small miners
Latest stage of gold purchase programme adds $36.1 million to reserves
US basketball chief: sovereign wealth funds cannot buy teams
Statement follows Qatari fund buying minority stake in owner of Washington Wizards
Egypt announces ‘record’ inflation
Inflation continues rising despite monetary tightening and could trigger IMF consultation
Bank of Canada raises rates 25bp
Central bank now predicts inflation will return to its 2% target in mid-2025
RBNZ halts tightening cycle
Central bank says policy rate will need to remain at a “restrictive” level for some time
Bank of Israel halts tightening cycle
Central bank signals it could raise rates further if inflation does not continue falling
ECB opens public consultation on new banknote design
Shortlisted themes include birds, rivers, European culture and values
Uganda passes Islamic banking law
Parliament removes provision for sharia advisory council at the Bank of Uganda