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Nobel committee recognises theories of tech-driven growth
Joel Mokyr, Philippe Aghion and Peter Howitt share economics prize
FSB finds large gaps in implementing regulatory reforms
Efforts to strengthen resilience of financial sector have not been timely or consistent, body warns
RBA says home loan scheme does not heighten risks to markets
Bullock says government’s mortgage programme will not pose additional hazards to financial institutions
FSB urges tighter oversight of AI adoption in finance
Reliance on generative AI services can give rise to third-party risk concerns, body warns
IMF to provide Sri Lanka with additional $347m in financing
Mission chief says central bank should continue to be independent and build reserves
Rising temperatures raise inflation expectations – ECB paper
Global warming also leads to greater pessimism about growth, research finds
Iceland, Romania and Serbia hold, while Poland cuts rates
High food inflation continues to affect eastern Europe
Sovereign defaults fell in 2024, says Bank of Canada study
However, debt service payments still high as interest rates remain elevated
BdF transfers reg files using ‘post-quantum’ cryptography
France’s central bank is latest to prepare for ‘harvest now, decrypt later’ cyber attacks
Hungary’s opposition considering joining euro if elected
Country could be ‘biggest winner’ of non-eurozone EU countries by introducing shared currency
Lagarde revives pitch for euro’s international role
Single currency can become ‘true source of strength’, ECB president says
Bank of Thailand unexpectedly holds policy
Vitai Ratanakorn’s first meeting as governor results in 5–2 vote to keep rates at 1.5%