Central Banks
BSP rolls out consumer bill payment and P2P transfer services
Central bank also increases value limit for B2B transfers under existing system
Supervision Benchmarks 2026 – model banks analysis
Additional data breakdowns shed light on differences between advanced and emerging economies
Federal Reserve holds rates with three members dissenting
Hammack, Kashkari and Logan push for 25bp rise in what FOMC chair says was a collegial ‘family fight’
Monetary policy missteps more likely amid AI boom – BIS study
Authors warn uncertainty over new technology leaves traditional benchmarks vulnerable
Chile holds rates for fifth time amid Iran war escalation
Policy-makers inject caution into statement as conflict intensifies, analysts say
Southern African countries consider joining SADC-RTGS
Mauritius, Tanzania, Zambia and Zimbabwe could onboard their currencies
Eurozone non-labour income used for saving, not spending – paper
Erosion in financial wealth dragged on consumption, Bank of Italy study finds
Juha Park on the BoK’s updated monetary policy framework
Bank of Korea’s head of monetary policy communication says pre-Shin updates align with new governor’s thinking
North Macedonia holds rates
Central bank votes to keep policy at 4.25%, citing prolonged uncertainty over Iran conflict
BoE’s MPC statements not sufficiently ‘collective’, says Bean
Former deputy governor laments ‘excessive and potentially confusing emphasis on individual views’
Pakistan holds as inflation remains well above target
MPC reiterates need for fiscal reforms to support growth
Bank of Italy used balance sheet as monetary policy tool – study
Bank’s senior economist finds approach proved effective throughout the 20th century
UAE’s cash card could function as surveillance tech, expert says
Central bank says new scheme will operate within legal framework for customer privacy
Bullock questions whether RBA has tightened enough
Governor says Australia’s economy is cooling, but more hikes will come if they are deemed necessary
Slovak governor calls for further ECB rate hike in September
Kažimír says bank needs to pre-emptively tackle further inflationary effects of energy shock
Nino Jeladze on overseeing Georgia’s fintech hub ambitions
National Bank of Georgia’s vice-governor speaks about efforts to develop stablecoin and fintech rules that encourage innovation while safeguarding monetary transmission and financial stability
Milei claims central bank reform will end 91 years of ‘looting’
Argentinian president’s proposals include core mandate on inflation and ban on monetary financing
EU defence spending boosts growth before inflation – CNB
Financial markets buy into defence equities well before government money has been spent, study finds
Supervision Benchmarks 2026 – executive summary
Benchmarking data reveals how supervisors are adopting AI and upgrading data processing
Frontier AI poses new cyber risks – BIS study
National and international co-operation needed to tackle increased threat
MAS tightens ‘very slightly’, saying it will cap inflation
Unexpected move marks central bank’s second consecutive tightening decision
Bank Indonesia governor resigns unexpectedly
Central bank cites personal reasons for Perry Warjiyo’s departure as independence concerns mount
Implications of the 2026 Middle East war
Gavin Bingham, Paul Fisher and Andrew Large detail the monetary policy, financial stability and international co-operation challenges for central banks
Paraguay holds rates while Costa Rica cuts by quarter point
Both central banks face below-target inflation despite global energy price shock