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Austria launches initiatives to combat online payment scams
OeNB to work with federal police to combat phishing and raise awareness about fraud
Market data good predictor of FX swings – BoJ research
Paper examines trade repository information in foreign currency markets
Powell makes renewed case for Fed independence
Former chair invokes presidents Kennedy and Adams in plea for institutional autonomy to be respected
Sarb hikes interest rates for first time in three years
MPC split, though governor says this was more about timing than direction of travel
Economists find ‘strong and stable’ Phillips curve in China
Past studies had struggled to pin down a clear link between inflation and output in the economy
US tech equities, euro, sterling and yen add to Norges Bank losses
Reserves portfolio sees gains on US Treasuries and Chinese government bonds amid modest drop
China and Serbia triple size of swap line
Serbian governor says swap line represents ‘iron friendship’ with China
Liquidity rules partly pay for themselves – BIS paper
Banks benefited from lower funding costs after implementing the liquidity coverage ratio, authors find
IMF approves $695 million funding for Sri Lanka
Funding comes as country grapples with rising inflation and currency depreciation
Eurosystem to move T2 to round-the-clock operating hours
Payment systems to be available at all times as instant payments gain popularity
Fed’s Cook touts use of AI in financial stability analysis
Technology can analyse complex patterns at scale and produce efficiency gains, governor says