Central Banks
Central bank watch: watchful and wary easing ahead
Franklin Templeton assesses the monetary policy outlook for the Group of 10 central banks, as well as China and South Korea, as 2025 begins
Danish kroner coins to be minted in Spain until 2029
National Bank of Denmark heads south ahead of Finnish mint’s impending closure
Fed’s anecdotal survey correlates with economic data – research
Study says Beige Book’s “soft” data is “actually quite firm”
Banxico board uncertain on pace of easing, minutes reveal
Members had differing views on inflation dynamics and effects of tariffs in December meeting
PBoC suspends government bond purchases
China's central bank moves after “persistent excess demand” causes yields to hit record lows
Hungary’s central bank to maintain active green programme
MNB to offset 2024 carbon footprint with 36 hectare nature restoration
Adoption of governance, risk and compliance systems still partial
Respondents mention main service providers and plans to upgrade
Fed board members pledge caution in cutting rates
Governors say unemployment and inflation risks are roughly in balance
Banknote provider De La Rue mulls full takeover offer
Edi Truell-backed companies drop bid for 40% stake and go all-in instead
CNB ‘considered’ adding bitcoin to reserves – governor
Governor says central bank could “continue to debate” using cryptocurrency in diversification drive
Central banks must be responsive to commodity price swings – BIS
Risk of transitioning to “high-inflation regime” may require more active policy, bulletin says
Brazil grants Paysafe licence for online gambling market
BCB gives UK-based company green light to operate as payment institution for newly regulated sector
Decentralised risk teams less likely to have chief risk officers
CROs are also less common at Asia-Pacific and European central banks
PBoC to issue record amount of bills in Hong Kong
Central bank to auction 60 billion yuan of bills in territory amid weakening renminbi
Bigger cities do not mean much greater growth – study
Benefits of agglomeration are “surprisingly little”, NBER paper argues
BoE’s new research agenda adds focus on balance sheet
Three-year plan responds to inflation surge, market turmoil and changed mandates
PBoC provides further financial support for tech firms
Central bank follows up on previous policy and allocates $13.6 billion through lending facility
Higher tariffs would hurt US allies as well as its foes – research
However, research says country would be largely shielded from impact of geopolitical fragmentation
Senior appointments in Australia and Hong Kong
RBA appoints heads of banking and economic research, while HKMA appoints financial infrastructure director
Credit and counterparty risk gains relevance as most covered risk
But central banks’ top risks vary by geographical regions
Central Bank of Kuwait puts limits on online card transactions
Bank restricts volume and quantity of payments, and urges use of one-time passcodes
Ghana releases draft open banking directive
Central bank heralds “transformative development” in consumer-consented data sharing