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Zambia raises rates amid persistently high inflation
Central bank does not expect 6–8% target to be reached until at least 2027
Trump orders US Treasury to stop minting pennies
President says coins cost too much but activists blame US Mint’s accounting
Bigger rate cut would have sent clearer signal, says BoE dissenter
MPC member says UK’s economic outlook would have justified 50bp reduction
Georgian governor appointed on permanent basis
Natia Turnava had been acting governor since June 2023 due to political opposition
PBoC appoints Zou Lan as deputy governor
Former monetary policy department head will become youngest member of China’s central bank board
Treasury officials charged over Bank of Uganda hacking
Ministry’s top accountant among those accused of corruption and abuse of office
CNB cuts rates by 25bp as it revises growth forecast
Bank points to sticky service and food inflation, reduced demand for exports
Congressional body questions Fed’s powers to regulate crypto
Banks can currently provide exposure to sector, but not custody, as exchange seeks partnership
Mutual fund investments support green transition – BIS paper
Study of the impact of news on investment flows finds funds are not guilty of “greenwashing”
India’s government to re-evaluate crypto stance
Minister suggests it may adopt softer position than central bank
Eurozone ‘not in a recession at all’ – Cipollone
ECB vice-president says there is “room to cut”, digital euro work continues and bitcoin is not gold
Fed vice-chair says rate cuts most likely over medium term
Jefferson says inflation and labour risks are in balance and cautions against immediate policy shift