News
Growth to slow in Asia-Pacific this year, IMF says
Fund cites ageing populations and lower productivity
ECB staff speak out against changes to internal survey
“Dignity at work” survey to be followed up later, central bank says
Bank of Russia holds rates
Nabiullina hints at significant fiscal change and says “inflationary pressure” remains
Payment fraud is on the rise in Denmark and Sweden
Scammers and fraudsters are moving to digital realm
US needs to change bank takeover rules, FDIC official says
Rohit Chopra criticises SF Fed over bank linked to Sam Bankman-Fried firms
Sharp yen rises spark speculation over government intervention
Japanese minister refuses to comment on whether authorities acted to stem currency’s fall
Trump advisers aim to curb Fed independence, report says
WSJ says leaked document discusses sacking Powell and giving Trump vote on policy
Pakistan holds interest rate ahead of IMF loan review
Central bank says inflation remains high even after dropping in March
Moldovan instant payments system used over 100,000 times
Central bank says new system’s use will expand to businesses this year
Research probes US consumers’ dislike of inflation
People prefer inflation close to zero but may misunderstand the underlying processes, studies find
Thai prime minister tells lenders to cut interest rates
Move comes amid continued tensions between government and central bank
Ukraine cuts rates as inflation falls
Central bank is positive over foreign aid but says economic damage from war could worsen
Bosnian central bank joins World Bank reserves programme
Eurozone-adjacent economy looks for closer ties to the west
Turkey keeps interest rates flat
Central bank says monetary policy may tighten if inflation worsens
French president calls for expanded ECB mandate
“We cannot have a monetary policy solely focused on inflation,” Macron says
BoJ keeps policy unchanged as yen weakens
Policymakers raise inflation forecasts, saying “virtuous wage-price cycle” is strengthening
RBI forbids major bank from adding new customers digitally
Kotak Mahindra’s IT systems showed “serious deficiencies and non-compliances”, regulator says
US requests three-year prison sentence for Binance founder
World’s largest crypto exchange agreed to pay $4.3 billion for violating money laundering laws
Chinese policy-makers warm to PBoC bond trading
PBoC’s trading of government bonds will be different from QE, central bank official says
‘Do I die, or do I survive?’ Officials reflect on Basel III complexity
Ingves, Trichet and Villeroy de Galhau recall tough trade-offs at Basel Committee’s 50th anniversary
Food prices remain a risk to disinflation – RBI research
Extreme weather events may also pose risks in the near term
Hungary cuts rates by 50 basis points
Outlook could be impacted by government’s proposed fuel subsidies
Bank Indonesia unexpectedly raises rates to support rupiah
Rate hike comes on top of central bank’s continued FX intervention amid a strong dollar
ECB June rate cut likely if there are ‘no surprises’ – de Guindos
No sign yet of an oil shock but geopolitical risks are relevant, ECB vice-president says