Central Banks
Sri Lanka inflation drops in August
Central bank projects consumer price index to remain below 5% target
Digital payments ‘indispensable’ in driving development – Tombini
BIS Americas chief says central banks should continue promoting FPS and CBDCs
Laotian central bank raises rates again
South-east Asian country still battling with inflation of more than 20%
South Korea and Indonesia set up currency transactions framework
Move is latest regional effort to bolster use of local currencies for settling trades
Bank closures lead to job cuts at small businesses – Fed study
Research finds that if 25% of local branches close, employment growth falls by four percentage points
Fed hikes stress capital buffers for 18 US banks
Nine dealers face record-high SCBs as poor performance in latest DFAST weighs on capital requirements
Schnabel outlines alternative scenarios for eurozone inflation
ECB board member says uncertainty looms over trajectory for prices
All eyes on the Fed
The US central bank faces a challenging path to fulfil its mandated goals
Libya’s central bank governor flees country, say reports
Move follows attempts by armed groups to break into CBL’s Tripoli headquarters
PBoC starts trading Chinese government bonds
Central bank has bought 100 billion yuan net of bonds in August
Global house prices have ‘almost stabilised’ – BIS
Prices still declining in aggregate, a trend driven mainly by China and the eurozone
Ukraine’s central bank cracks down on ‘money mules’
NBU says limits on transactions over next six months will give breathing space to state bodies
Wildfire pollution depresses home values and rents – study
Dallas Fed research finds effects extend to areas “thousands of miles” from where fires take place
Libya’s central bank suspends operations as crisis worsens
Armed groups attempt to break into headquarters and depose governor aligned with rival authorities
BoE calls for wider research into operational resilience
Most studies have focused on cyber attacks, though UK has been hit by varying types of incidents
South Korean regulators push for benchmark rate reform
Authorities encourage wider adoption of repo-based RFR for financial transactions
Mortgage reforms, surprise rate hikes harm renters – ECB study
Researchers say young people could lose equivalent of 1% of their lifetime consumption
Financial Stability Benchmarks 2024 report – seeking sounder banks
Banking regulation remains a work in progress for many central banks, but staffing is a problem
Bank of Israel holds key interest rate
Central bank says focus is on stabilising markets as war in Gaza continues
Fed study finds there are no truly offline payment systems
Hybrid solutions mitigate some risks, say researchers
Hungary holds rates after June ‘turning point’
Finance minister says central bank was operating in “cyclops mode”
HKMA launches new measures to support struggling SMEs
Authority expands banks’ access to company data and sets up taskforce to handle financing applications
India’s central bank to launch digital lending platform
New interface will enable frictionless credit, RBI governor claims
Triggers of August market ‘flare-up’ still in place, BIS warns
Leveraged positions remain at risk of sudden unwinding, as margin calls play amplifying role