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BoE deputy signals more hikes in ‘low-hire, low-fire’ dynamic
Headline employment figures mask young people’s work woes, Lombardelli tells watchers conference
AI disproportionately affects young job seekers in US – study
Doors harder to open for new entrants to labour market, says Cleveland Fed research
Eurozone aims to pick ECB head ‘by December’– Eurogroup chief
Lagarde’s successor expected to be chosen as part of broader package of executive appointments
Small nations can offer big lessons – ECCB deputy
Valda Henry tells Virtual Meetings why collaboration and resilience are crucial in today’s volatile world
Waller rules out using balance sheet as he floats 50bp hike
Fed governor also questions whether a ‘stable’ US labour market is a ‘healthy’ one
Working group minutes: Cautious exit from dollars
Central banks are contemplating gold, emerging market assets and equities to diversify
Government officials told BoJ that economy was at ‘crossroads’
October minutes show board members called for faster tightening at meeting that resulted in hold
Zero rates and QE made bank depositors flightier – research
Asset purchases did not play out as theory envisioned, NBER paper finds
SNB could reintroduce negative rates – Schlegel
Bank sets higher bar for going below zero, but chair says it will act if price stability is at risk
Eurozone exposure to AI debt ‘remains low for now’ – Lagarde
ECB ‘closely monitors’ AI financing and financial stability implications, bank’s president notes
BIS study traces life and death of currencies since 1850
Currencies are usually created for political reasons, but ‘often die for economic ones’, authors find
Currency Benchmarks 2026 – executive summary
Benchmarks shed light on cash policies, changing substrate choices and staffing issues
EBA brainstorming ways to make capital rules competitive
Watchdog aims to provide advice on future revisions before year-end
Canada’s Tiff Macklem on the US trade dispute, AI and framework renewal
BoC’s governor speaks about declining economic resilience, the need for decisions despite policy dilemmas, Canada’s new structural model, lessons from QE, and more
Paraguay’s central bank credibility ‘in crisis’ over Ueno
Experts raise questions over institution’s supervisory actions and its ties to collapsed digital lender
Lawyers file Amazon deforestation complaints with AML regulators
Legal coalition demands due diligence from banks, investment funds and accountants
Czech Republic raises rates in split vote
Governor says decision, reached by 4–3 majority, is ‘fine-tuning’ to curb inflation expectations
French gridlock will test Lagarde’s successor, economists say
Appointment of next ECB chief could mark ‘turning point’ for monetary union
MAS wants financial firms to be quantum-ready by 2034
Proposal says institutions should create plans for critical systems by 2027 and migrate them by 2030
Banxico cuts rates on account of lower core inflation
Central bank makes ‘one-time’ 25bp cut, with 3–2 voting split on governing board
Book notes: Keynes for our times, by Robert Skidelsky
Skidelsky skilfully reframes economic debates in this distilled biography, but overreaches in the final chapters
Gambia’s central bank criticised over expat staff policy
Nigerian diaspora organisation calls for reversal of plan to replace non-Gambian employees
BdF launches ‘Operation Savings’ video game
Online challenge aims to introduce French citizens to ‘main mechanisms of saving’
Bank of England makes first rate hike since 2023
MPC votes shift from 3–6 to 8–1 in favour of 25bp increase to 4%
Non-banks and rising debt threaten independence – Schnabel
Forward guidance was ‘too Odyssean’ during pandemic, says outgoing ECB board member
Brazil ends easing cycle following Lula’s election win
Resistance to addressing imbalances could risk ‘perennial debate’ on fiscal dominance, says economist
Laos increases scrutiny of FIs post-FATF recommendations
Central bank pledges to work with foreign bodies on sanctions and transnational crime
Currency Benchmarks 2026 report – cash in a digital world
Benchmarks highlight varied use of cash policies, outsourcing and distribution methods
Atlanta Fed study finds no evidence of ‘great reassessment’
Increased job mobility during Covid explained by better pay, not higher worker autonomy, paper finds
Bhutan’s king decrees new central bank for ‘mindfulness’ city
Gelephu-based institution will be able to invest in digital assets, alongside conventional reserves
Working group minutes: Cash infrastructure under pressure
Both high and low volumes of cash in circulation are causing problems for central banks
Central banks buy gold at fastest pace in two years – WGC
PBoC and National Bank of Poland added 104 tonnes in Q3
Riksbank delivers first rate hike in three years
Central bank cites rising costs stemming from conflict-driven supply disruptions
Central banks ‘lagging behind’ on tech development – Carstens
Former BIS chief urges monetary authorities to consider their role in agentic AI future
RBA rate hikes add to pressure on Australian homeowners
Tightening is main factor behind biggest drop in house prices since Great Depression, says economist
Paraguay’s central bank chief to resign after Ueno Bank falters
Resolution proceedings come after lender’s solvency ratio falls below half of regulatory limit
FRTB revamp won’t restore models to past glory, risk managers say
US-inspired reform only expected to lead to small boost in adoption, with limited desks on IMA
Most central banks have raised dollar shares – study
Geopolitics drove institutions to buy gold, rather than move away from greenback, paper argues
ECB says no options ‘off the table’ on green dual rates
French parliamentary report claims cheaper lending for transition projects needs no treaty change
Instant payments could aid business efficiency – study
Kansas City Fed economists say several challenges must be overcome before benefits can be realised
RBA tightens policy to 18-year high
Governor says hike targets domestically driven inflation rather than direct effects of oil price rises
PBoC to tighten FX rules amid yuan gains
RRR for FX deposits to rise by 2 percentage points to ‘strengthen foreign exchange liquidity management’
UAE regulator working with Binance after crypto heist
Exchange claims $6 billion of stolen funds replenished as customers withdraw $5 billion
ECB unveils digital euro network service providers
Two groups of firms to provide plumbing for CBDC pilot and prepare for issuance in 2029
DRC central bank hails country’s exit from FATF grey list
Governor says removal will boost international confidence in country’s economy
Colombia holds rates and shores up reserves by $2bn
Central bank says move to purchase dollars from government ensures it can weather potential shocks
The Fed shares trading scandals, five years on
Could revised rules serve as template for other central banks?
China sets overnight rate as benchmark in de facto easing
Analysts see greater transparency but expect lower rate to have limited impact on lending
Central bank money and private payments must co-exist – CPMI
BIS committee sets out four policy roles for monetary authorities as payments landscape evolves
Ex-Richmond Fed official calls for greater FOMC transparency
Fed should publish Tealbook and meeting transcripts sooner to increase accountability, says Hetzel