Central Banks
China reaffirms ‘moderately loose’ monetary policy path
PBoC flags risks from global fragmentation, as concerns remain about growth and price levels at home
BoJ’s Noguchi says need to adjust rate increasing ‘more than ever’
Member of central bank’s policy board says Japan on way to achieving 2% inflation target
Logan says FOMC should cut ties with federal funds rate
Dallas Fed chief says repo markets are better alternative to ‘outdated’ target
Book notes: Bankers’ trust, by Aditi Sahasrabuddhe
A novel investigation into how trust among central bankers – or lack thereof – helped and worsened crises of the past
Banxico cuts rates by 25bp to 7.5%
Mexican central bank follows in Fed’s footsteps and signals intent for more easing
Merz backs using Bank of Russia funds to help Ukraine
Frozen central bank assets could collateralise €140bn interest-free loan, says German chancellor
Bank of Mauritius appoints its first female governor
Bank hopes to put turmoil behind it with appointment of IMF economist Priscilla Muthoora Thakoor
IMF paper draws lessons from Sri Lanka’s debt restructuring
Country sought to negotiate simultaneously with array of creditors, while executing reform plan
PBoC accelerates offshore bond market expansion
Yuan is attractive diversifier amid trade and political tensions, deputy governor says
Central Europe’s central banks hold rates
Switzerland, Czech Republic and Hungary keep policy steady
Trump’s shadow looms over review of regional Fed heads
Experts say president could use process to further erode bank’s independence
Ex-BCRA governor: Argentina was not ready for volatility
But tax exemption on exports and US support have bought Milei time until October poll, says Redrado
Fiscal dominance: are central banks about to be Trumped?
Jagjit Chadha highlights the danger of an ‘upper bound’ on interest rates as fiscal strains grow
Most reserve managers continue holding medium-term Treasuries
Central banks from Asia-Pacific and Europe increase US dollar asset holdings outside the US
Powell and Bowman diverge on tariff and price risks
Fed chair and vice-chair for supervision both express concern for labour market
Nigeria lowers rates after three-year hiking cycle
Central bank says disinflation gives it room for cuts to support economic recovery
Europeans flock to cash during times of crisis – ECB research
Study highlights hard currency’s role as ‘spare’ tyre in payments system
BoE chief economist says slowing QT risks bank’s independence
Financial stability operations should tame any future gilt market dysfunction, says Huw Pill
Reserve managers name top bank counterparties and asset managers
Citi receives most votes as banker to reserve managers and World Bank is top asset manager
Riksbank’s Breman chosen to head RBNZ
New Zealand central bank’s first female governor recruited from Sweden following Orr debacle
Miran praises tariffs, deportations and deregulation
Trump appointee says interest rates should be 200bp lower in first speech as governor
Riksbank cuts rates, teases end to QT in December
Swedish central bank says uptick in inflation is transitory