Central Banking Newsdesk
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Focus on rates for policy, keep QE for crises – Carstens
BIS general manager says expanding objectives could “undermine credibility and independence”
RTGS extensions often happen gradually – BIS-authored study
Authors say extended operations can increase risk of fraud in late hours
Trump reverses course on Fed decision
US president says central bank was right to hold rates in January
New governor takes over at Bank of Ghana
Johnson Pandit Asiama assumes office as predecessor takes terminal leave ahead of retirement
US sanctions may create demand for Eurodollars – NBER paper
Economists compare today’s market to the one that emerged during Cold War era
Former Fed adviser arrested for allegedly spying for China
Indictment claims official passed on sensitive economic and financial data to Chinese security services
Annual inflation in Turkey falls, but monthly inflation surges
Independent body estimates actual figure to be much higher than official statistics
Google study shows cyber threat actors’ increased use of AI
Content campaigns identified in Russia, Iran, North Korea and China
Rivers, birds and cultural spaces to feature on new euro notes
Design contest to start in 2025, though introduction “several years” away
AI adoption does not require governance overhaul – BIS
Study says central banks can build upon existing risk management frameworks
Rwanda and Ghana to connect payment systems
Rwandan central bank governor reveals plans to increase financial inclusion with CBDC, microfinance
Fintechs launch e-rupee services
Initiative follows RBI’s announcement last year that CBDC would be extended to non-banks