Central Banks
Tech-driven global growth vulnerable to shocks, IMF warns
Sharp market corrections could ensue if productivity gains from AI do not meet expectations
Yield curve ‘steepening’ best seen as normalisation – ECB study
Long-term borrowing costs surged but overall structure ‘not in an unusual shape’, say economists
Japanese citizens expect prices to keep rising in 2026
BoJ says it will continue to hike rates if 2% inflation target is met
UK’s Orange Book risk approach rarely used by central banks
Only three centralised risk management departments utilise principle
RBNZ head should have sought advice on Powell letter – ministers
Political leaders say they would still have supported Breman’s decision, regardless of advice offered
CBDC or tokenised reserves?
Sayuri Shirai explains why central banks are taking different paths towards the same goal
Trade fragmentation still favours west over east – BdF study
Authors says US-led bloc better placed to win over neutral states than China-aligned grouping
Fallout of criminal probe into Powell continues
Trump’s investigation faces backlash at home, in Congress and abroad
ECB reaffirms commitment to climate-related work
Central bank to continue scrutinising lenders over environmental risks on balance sheet
China’s interest-bearing CBDC a world first, experts say
E-CNY now more integrated with commercial banking, thus solidifying country’s two-tier system
Trump crypto startup inks stablecoin deal with Pakistan
Central bank will integrate World Liberty Financial’s USD1 into country’s payment system
BoE to ‘streamline’ supervision as part of growth push
PRA has been easing some regulations as government looks to cut cost of compliance
BoE’s Ramsden defends UK’s ring-fencing regime
Deputy governor says rules remain “critical” to regulatory framework amid review to reform them
BoK leaves policy rate unchanged
Economists predict South Korean central bank will hold at 2.5% for remainder of year
Goolsbee backs Powell and raises tariff concerns
Chicago Fed chief says tampering with independence increases inflation risks
China cuts lending rate for some sectors and flags room for more
PBoC deputy announces 25bp cuts to lending rate for agriculture sector, small businesses and others
Next-generation reserve management and monetary operations
Central bank modernisation is essential to ensure institutions can execute mission-critical operations and prepare for future opportunities.
St Louis Fed chief says independence remains critical
Musalem adds that there is little reason for further policy easing in near term
Sticky fears about sticky inflation
Survey finds investors are not yet ready to declare victory on inflation – with good reason
Staff error is largest cause of op risk at central banks
Legacy systems tend to trigger most threats in jurisdictions with greater than average number of incidents
US tariffs unlikely to halt progress on global trade – BoE’s Taylor
UK inflation expected to fall in near term due to trade diversion, MPC member says
Bolivia receives $4.5bn financing package from IDB
Country secures second major deal with multilateral fund since new president took office in November
NZ foreign minister attacks central bank chief for backing Powell
Breman told to ‘stay in her New Zealand lane’ after signing letter in support of Fed chair