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FOMC vote rotation ‘distorts’ rates – NBER paper
Regional Fed presidents make decisions based on local conditions, research finds
Pakistan cuts rates to 11%
Central bank expects inflation to rise to 5–7% target level over coming months
Eurozone exports to US unlikely to rise in trade war – ECB study
US tariffs rerouted Chinese goods to eurozone, but exporters there failed to boost US presence
Almost half of eurozone ready to stop buying US goods – ECB study
Tariffs have triggered significant animosity among consumers, research finds
De La Rue completes sale of authentication division
Banknote maker to focus exclusively on currency business
Natural interest rate driven by productivity growth – research
Population increase also plays important role in determining metric, RBNZ paper finds
BoE raises expectations for climate risk analysis by firms
David Bailey says banks and insurers need to use climate modelling to manage risk
Target inflation traditionally, G30 tells Fed
Working group says its proposed changes to Fed framework might prevent repeat of 2023 banking crisis
French expertise is essential to Lebanon recovery – BdL governor
Central bank head meets Villeroy de Galhau in Paris as part of efforts to tackle economic crisis at home
Stress tests stronger in EU than in US – BdF research
Lenders remain well capitalised in both regions but European banks are more resilient, study finds
SNB introduces new liquidity provision framework
Reformed facility will be less “emergency” in nature and accept broader pool of collateral
UK government ‘must act against decline in cash acceptance’
Parliamentary committee suggests firms could be made to accept cash to protect those who rely on it