Central Banks
The next financial crisis may start outside the banks
The warning signs are multiplying and the window for preventive action is narrowing, writes Stijn Claessens
Euro ‘more appealing’ for both invoicing and reserves, ECB finds
Bank’s annual report on currency’s use draws on findings from Central Banking’s benchmarking
Central Bank of Nigeria announces high-level reshuffle
Four deputy governors take on new portfolios
Remote working drove US youth unemployment – NY Fed study
Economists say uptick in joblessness among US graduates predates spread of AI
RTGS systems’ running costs linked to operational hours
Two-thirds of infrastructure still operational for 7–12 hours daily
AFI’s Alfred Hannig on the criticality of financial inclusion
The CEO of the Alliance for Financial Inclusion speaks about the importance of collaboration on digital and open finance, cyber resilience, data and credit infrastructure, women’s inclusion and consumer protection, amid funding squeezes
Austria launches initiatives to combat online payment scams
OeNB to work with federal police to combat phishing and raise awareness about fraud
Syria extends deadline for exchanging old currency
Replacement rate stands at 63%, says governor
Market data good predictor of FX swings – BoJ research
Paper examines trade repository information in foreign currency markets
Powell makes renewed case for Fed independence
Former chair invokes presidents Kennedy and Adams in plea for institutional autonomy to be respected
RTGS systems process nearly 200 million payments on average
Transaction values average $11.6 trillion among respondents
Sarb hikes interest rates for first time in three years
MPC split, though governor says this was more about timing than direction of travel
Tensions between Banrep and government ease before elections
Recent ruling by Colombian court further enhances central bank’s independence
Economists find ‘strong and stable’ Phillips curve in China
Past studies had struggled to pin down a clear link between inflation and output in the economy
US tech equities, euro, sterling and yen add to Norges Bank losses
Reserves portfolio sees gains on US Treasuries and Chinese government bonds amid modest drop
Number of RTGS fee-regulating central banks rises
More than two-fifths of retail payments ecosystem were diversified in 2025
China and Serbia triple size of swap line
Serbian governor says swap line represents ‘iron friendship’ with China
Liquidity rules partly pay for themselves – BIS paper
Banks benefited from lower funding costs after implementing the liquidity coverage ratio, authors find
IMF approves $695 million funding for Sri Lanka
Funding comes as country grapples with rising inflation and currency depreciation
Eurosystem to move T2 to round-the-clock operating hours
Payment systems to be available at all times as instant payments gain popularity
Non-banks lack central bank oversight in some jurisdictions
One in five smaller central banks lack oversight on all payment systems
Fed’s Cook touts use of AI in financial stability analysis
Technology can analyse complex patterns at scale and produce efficiency gains, governor says
BoK holds as Shin signals rate hikes to come
Governor says tech growth to outweigh drag of Middle East conflict
Behind the scenes of the Bundesbank’s capacity-building programme
A multi-year effort has helped shore up expertise at West Balkan central banks. Will African and former-CIS institutions be equally responsive to Eurosystem technical assistance?