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IMF overcalculated Taiwan’s USD exposure – central bank chief
Fund’s measure showing USD holdings at 45 times local FX markets is “misunderstanding”, Yang says
BoE’s new forecast evaluation unpacks causes of errors
Global shocks and wage growth led bank to underestimate inflation persistence
EU should ‘roll up its sleeves’ against China and US – BdF head
Villeroy de Galhau says Europe has ‘many cards to play’ in geopolitical game
China could trigger Treasuries selloff to punish US – paper
Beijing might sustain short-term self-harm to undermine US assets’ safe haven reputation, authors say
BIS study finds no long-term decline of global dollar use
Reports of euro’s demise are also greatly exaggerated, researchers say
HKMA to double renminbi funding quota
Measure comes as Hong Kong announces collaboration with mainland over city’s gold trading system
AI and tokenised finance are reshaping financial trust
Amro’s CEO Yasuto Watanabe argues that sustained policy attention is needed to ensure the foundation of trust remains resilient amid financial transformation
ECB and ESRB warn of financial stability risk from geopolitics
New model takes prediction data to show US domestic politics affecting eurozone financial markets
BoE’s Greene: impact of Fed easing on UK remains unclear
Spillovers via trade channel could push domestic inflation up or down, MPC member says
Trade liberalisation with China increased US wages – study
Fed researchers find ‘long-suspected’ benefits for labour market
BoJ holds rates as politics and sovereign bonds take spotlight
Decision closes out week in which JGB yields rose to historic highs after PM called snap election
Book notes: 1929: the inside story, by Andrew Ross Sorkin
A compelling narrative offering fresh perspectives on the key characters, events and implications of the great crash
Fed pivots to material risk – but what is it, exactly?
Top US bank regulator will prioritise risks that matter most, but they could prove hard to pinpoint
Derivatives hedging can weaken effect of capital rules – BIS paper
Banks increase use of credit default swaps when counter-cyclical buffers rise, study finds
BdF governor and Coinbase CEO clash over stablecoins at Davos
De Galhau warns of ‘full dollarisation’, while head of crypto exchange heralds dawn of ‘bitcoin standard’
Paper calls for ’systematic monitoring’ of cyber risks
Non-financial firms’ credit risk indicators not accounting for ‘sharp increase’ in incidents, say authors
Geopolitics a key focus for ECB supervisors – blog
European banks have fared well so far against shocks but must stay vigilant, senior officials write
BoK debuts bespoke AI for central bank use
Technology trained on Korean language inputs will aid research and compliance, Bank of Korea says
BNM holds policy and points to positive economic outlook
Malaysian central bank keeps rates at 2.75% and expects domestic growth momentum to continue
Vast majority of central banks taking action on climate risk
Nearly one in five banks reflect climate risk in reserves management and collateral eligibility
Supreme Court appears sympathetic to Cook
Conservative judges lament the way governor’s removal was handled and risks to Fed independence
Iran using Tether’s stablecoin to bypass sanctions, report finds
Central bank thought to be using USDT to buy rial on crypto exchanges as domestic currency plummets
Beige Books show promise at predicting recessions – study
LLM data on Fed reports is more accurate at forecasting downturns than yield spread, authors find
Fed study sounds alarm over algorithmic rises in credit limits
Researchers say US lenders are extending too much credit to subprime borrowers
Don’t count on central banks to buy public debt, says Lagarde
ECB president tells Davos panel that divergent global standards may puncture AI bubble
BI holds rates amid renewed concerns over its independence
Indonesian central bank says keeping rates at 4.75% will stabilise rupiah and encourage growth
Legal threat to Fed accelerates Asean+3 contingency planning
AMRO chief economist says central bank independence of paramount importance for stability
Risk management reviews are most common assessment method
Centralised teams are less likely to conduct external or management evaluations
Bailey underscores support for Powell
BoE governor also points to potential spillover risks to UK from events in US
Croatia’s Vujčić to replace de Guindos as ECB vice-president
Governor will be executive board’s first member from a post-2004 EU accession state
China leaves benchmark lending rates unchanged
One-year LPR stays at 3% and five-year rate remains at 3.5% following easing via structural tools
Europeans have more trust in compatriot ECB officials – study
ECB messages carry more weight when delivered by officials from one’s own country, research finds
Risk managers report increase in geopolitical and AI risks
But cyber incidents and security remain greatest risks for many central banks
Ricardian equivalence does not hold in reality, study finds
Researchers say consumers do not fully plan ahead for expected tax liabilities
India proposes linking Brics countries’ CBDCs
Bloc, which has already committed to improving payments interoperability, faces geopolitical challenges
Tech-driven global growth vulnerable to shocks, IMF warns
Sharp market corrections could ensue if productivity gains from AI do not meet expectations
Yield curve ‘steepening’ best seen as normalisation – ECB study
Long-term borrowing costs surged but overall structure ‘not in an unusual shape’, say economists
Japanese citizens expect prices to keep rising in 2026
BoJ says it will continue to hike rates if 2% inflation target is met
UK’s Orange Book risk approach rarely used by central banks
Only three centralised risk management departments utilise principle
RBNZ head should have sought advice on Powell letter – ministers
Political leaders say they would still have supported Breman’s decision, regardless of advice offered
CBDC or tokenised reserves?
Sayuri Shirai explains why central banks are taking different paths towards the same goal
Bailey warns of threats from populism
BoE governor says institutions ‘have to challenge back’ against attempts to breed distrust
Trade fragmentation still favours west over east – BdF study
Authors says US-led bloc better placed to win over neutral states than China-aligned grouping
Trad-fi ethereum adoption creates regulatory dilemma – study
Collapse in price of ether could trigger validator exodus from blockchain, Bank of Italy paper says
Fallout of criminal probe into Powell continues
Trump’s investigation faces backlash at home, in Congress and abroad
ECB reaffirms commitment to climate-related work
Central bank to continue scrutinising lenders over environmental risks on balance sheet
Risk Management Benchmarks 2026 Charts
Take a deep dive into the Risk Management Benchmarks charts, which have just been released for 2026.
China’s interest-bearing CBDC a world first, experts say
E-CNY now more integrated with commercial banking, thus solidifying country’s two-tier system
Privacy and security seen as top AI risk
Most risk managers more relaxed about potential financial losses caused by AI
Trump crypto startup inks stablecoin deal with Pakistan
Central bank will integrate World Liberty Financial’s USD1 into country’s payment system
