Central Banks
Bank of Israel instructs lenders to provide war relief
Central bank says lenders must set aside $833 billion for groups affected by conflicts
Digital euro could aid EU competitiveness – Cipollone
ECB board member argues for CBDC as bank says national card payment schemes are declining
Iraq to develop CBDC as part of wider digitisation drive
Central bank governor says e-payment methods will gradually supplant paper money
Conservatism in central banking ‘may not exist in 10 years’
Reserve managers at Spring Meetings 2025 share frustrations and discuss new strategies
Consumption by rich fell sharply post-tightening – CBRT study
Research by Turkey’s central bank finds rate hikes caused wealthy to spend less and save more
State-owned banks must support real economy – PBoC official
Deputy governor calls on big lenders to take on greater role amid rumours of capital injection
Tunisia’s president ‘gambling’ with central bank
Analysts say ruler’s attempts to erode bank’s independence create serious risks for economy
Central banks split on whether CBDC will impact seigniorage
Some respondents see seigniorage depending on CBDC design choices
Preference for cash ‘can inhibit digital payment innovations’
Panellists at Central Banking Spring Meetings discuss hurdles and opportunities in sector
US house price-to-rent ratio likely to fall – Dallas Fed study
Expected decline could also signal future course of inflation, research argues
AML and inclusion go hand in hand – Eswatini deputy governor
Dlamini-Kunene says efforts to tackle crime did not have to result in exclusionary policies
Deutsche Bundesbank posts €19.2 billion loss for 2024
Croatian and Norwegian central banks report profits
Thailand unexpectedly cuts rates as growth poised to slow
Domestic manufacturing sector faces “intense competition” from abroad, BoT says
Central banks widely exploring RTGSs’ interoperability with CBDCs
High income institutions more likely to research the issue than their middle income counterparts
African reserve managers shed light on post-Covid strategies
Volatile environment has led to more experimentation, speakers tell Central Banking Spring Meetings
Bank of Israel holds rates ahead of budget approval
Decision follows rise in inflation, driven by tax rises to fund ongoing military operations
High temperatures slow down economic growth – Banxico paper
Authors say Mexico is warming faster than other countries
Targeted financing would not solve housing crisis – research
National Bank of Denmark argues against allowing premature pension withdrawals for housing
Bank of Korea resumes easing and lowers GDP forecast
Cut of 25bp aimed at boosting economy as country grapples with US tariffs and domestic political drama
Tunisia’s president calls for say in setting monetary policy
Saied reportedly makes demand during meeting with central bank governor
Losing key Chinese inputs could hurt eurozone – ECB paper
Halving of critical imports would cause drop of up to 3% in output for manufacturers, research shows
Large geopolitical shocks have outsized economic impact – paper
Researchers find non-linearities, which amplify effects on economy
Tariffs will induce structural change in Canada – Macklem
Increased trade frictions with US will hurt country’s economy but represent “new reality”, says governor