Governance
New Zealand central bank proposes cutting fifth of staff
RBNZ’s plan follows government’s announcement of 25% reduction in funding earlier this year
People: Bowman to chair FSB supervisory committee
Plus: New governor in DRC and Rwandan deputy governor steps aside to become PM
Kugler’s resignation from Fed opens door for Trump, say experts
Governor’s departure could enable president to appoint “shadow chair” to further undermine Powell
Trump should not have fired head of stats bureau, say experts
Economists say dismissal undermines trust in official data, along with president’s arguments and democracy itself
Former Malawi central bank chief runs for presidency
Dalitso Kabambe to compete with incumbent who dismissed him from governorship in 2020
Attempt to make FOMC meetings public is 'frivolous' – experts
Legal action by Trump ally, if successful, would hamper discussion, says ex-Fed official
ECB looks to cut carbon via business travel
Bank says its footprint remains “well on track” to reach 46.2% reduction in emissions by 2030
Book notes: Inflation, by Mark Blyth and Nicolò Fraccaroli
An accessible explainer about the narratives surrounding inflation – and who it benefits
Fed independence concerns raising risk premia – research
Authors of BBVA study say long-term yields briefly spiked amid rumours that Trump would fire Powell
Obituary: Süreyya Serdengeçti, 1952–2025
Governor of Turkey’s central bank whose policies brought inflation down from 75% to single-digit figures
ECB staff committee protests over bank’s ‘misuse’ of powers
Letter claims president and fellow board member do not practise the values they preach
People: Olli Rehn to chair ECB’s audit committee
Plus: Gita Gopinath to step down as IMF’s first deputy managing director
HKMA to cut budget and freeze headcount – media report
De facto central bank could be latest to join belt-tightening campaign by Hong Kong institutions
Portugal names OECD chief economist as new governor
Álvaro Santos Pereira’s “independence” justifies his appointment to top job, says minister
Powell fact-checks Trump during tour of Fed building
Central bank chair rebuts claim that renovation was $600 million higher than previously reported
RBA governor praises Fed’s independence following Trump’s attacks
Bullock says US central bank is “doing what it’s supposed to be doing”
Trump to inspect Fed buildings in Washington
Visit comes as central bank’s chair faces continued flak over renovations bill and refusal to cut rates
People: new deputy governor at Central Bank of Ireland
Plus appointments at FATF, Financial Stability Board and European Stability Mechanism
Bessent floats audit of Fed’s perceived failures
Treasury secretary is latest Trump official to attack central bank, but says chair need not step down
Thailand names Vitai Ratanakorn as central bank governor
Cabinet picks state-owned lender’s CEO to take over from Sethaput Suthiwartnarueput on October 1
Portugal’s governor remains in place ahead of ECB meeting
Government fails to announce Centeno’s reappointment or replacement after term ends
Judy Shelton on gold, tariffs and where the Fed went wrong
The potential successor to Jerome Powell discusses why she thinks the Fed is too powerful, why her stance on gold is not a ‘crank’ position, and why she feels events have vindicated her and president Trump on the need for rate cuts
Sino-Egyptian collaboration could reshape global monetary order – expert
MoU provides further evidence of shift towards multipolar world, says professor
Will Fed’s HQ cost overruns be enough for Trump to fire Powell?
Chair’s defenders say administration wants to use renovations bill as pretext for his removal