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Bailey calls for AI kill switch ahead of regulation
FPC says technology is escalating financial stability risks and making them more intertwined
Modernisation can ‘free supervisors to think’ – Thedéen
Basel Committee chair says multidisciplinary teams are necessary to track ‘ever-changing’ system
Sri Lanka holds rates as inflation remains high
CBSL says medium-term expectations remain ‘broadly anchored’ around target
Podcast: Cyber security threats to financial stability in the age of AI
Nation-state espionage, malware and ransomware but with agentic AI swarms
Fed should avoid communicating without a framework – Musalem
St Louis Fed president outlines his preferred view of monetary policy comms
China unveils targeted rate cut and mortgage subsidies
PBoC eases policy for infrastructure lenders and ups support for tech innovation
Goodhart and Pradhan on the end of monetary independence
The unanchored central banker authors speak about how ageing populations, soaring healthcare costs and rising fiscal deficits will force central bankers to compromise on inflation targets and bail out indebted governments
Stablecoins issuers’ debt wish not enough to meet US needs – study
SF Fed authors say demand for Treasuries will be much smaller than government’s requirements
ECB should become global lender of last resort – report
Academics put forward policy recommendations to further internationalise euro
Europe must deploy AI ‘intensively’, Lagarde says
ECB president warns shortage of high-technology skills threatens continent’s digital transition
Bank of Jamaica hikes rates by 50bp
Central bank says escalating geopolitical tensions and El Niño are driving inflationary pressures
Firms are rejecting stablecoins – Cleveland Fed study
Local businesses express scepticism about technology, with one saying ‘just pay me in US dollars’
BoJ minutes show calls for faster rate hikes
Board member said focus of monetary policy had shifted towards capping price rises at June meeting
Australia tightens interest rates to 15-year high
RBA’s fourth hike of 2026 targets inflation as governor says further increases are on the table
Stress-testing Brazil’s credit co-operative safety net
Rapid growth in credit co-operatives has made a public test of FGCoop’s liquidity, replenishment and resolution capacity necessary, argues Gustavo Pessoa
Bank of Korea reveals staff data was hacked this year
Contractor notified central bank a month after employees’ personal details were compromised
BdF chief urges French politicians to break budget deadlock
Central bank governor warns another stalemate could jeopardise France’s economic future
Pakistan to offer cash prizes to boost remittance flows
Eligible beneficiaries of remittances will be entered into lottery-style draw
US firms are actively divesting from China – Fed note
Businesses have been shrinking Chinese holdings since 2020, research suggests
Bolivia’s central bank moves to sterilise excess liquidity
Around 4.5 billion bolivianos to be sterilised in September and October
AI not having major impact on US graduate jobs – study
NBER researchers say changes in employment market are not statistically significant
Mamerto Tangonan on the Philippines’ glocal digital ecosystem
Deputy governor shares insights on the nexus of wCBDC and digital sovereign bonds, multilateral payments governance and 'smart' global trade
Democracy crucial to central banks’ independence, Wunsch says
National Bank of Belgium governor says invective is crowding out rational discourse
ECB and BCB to explore linking Tips and Pix
Feasibility assessment could take a year or more before link is approved
BoE using LLM to review meeting minutes
Bailey says he has “mixed feelings” about use of AI in communications
German authorities announce cyber investment fraud crackdown
“Operation Heracles” cut off nearly 10,000 phone numbers used for investment fraud
Rising defence spending could boost European growth – ECB
But macroeconomic benefits depend on cutting personnel costs and imports
Swap lines with PBoC outnumber those with ECB by factor of three
Benchmark respondent complains of limited access to dollar swaps
Reserves Benchmarks 2026 Charts
Take a deep dive into the Reserves Benchmarks charts, which have just been released for 2026
Book notes: The unanchored central banker, by Manoj Pradhan and Charles Goodhart
A book sparkling with provocative opinions that challenges readers to rethink central banking amid evolving macro trends
EU central banks want more sovereign bonds in stablecoin reserves
Micar review proposals include severing crypto interdependence with rival banks
Schnabel to join IMF as financial counsellor
ECB official to step down early, creating another opening at the top of the bank
Switzerland, Sweden and Hungary hold rates, Norway hikes
Four European central banks announce monetary policy decisions
Sarb hikes rates 25bp, citing persistent global supply shock
Global economy not in a healthy space, governor says
Low- and middle-income US households most hurt by housing inflation – Barr
Governor signals more rate hikes to come to tame inflation
Banks compete with official sector for reserve manager market share
External allocations increased modestly, but preferences have been reshuffling
Indonesia holds and enacts new measures to protect rupiah value
Damayanti’s first rate decision as governor comes as BI and HKMA advance payments co-operation
Washington is guarding against the wrong dollar threat
Brics nations did not launch a common currency in New Delhi. The payment networks they are building may matter more
Swiss upper house backs tougher capital rules in blow to UBS
Vote moves proposed 90% capital backing for foreign liabilities one step closer to becoming law
China’s machinery and transport exports are hurting EU – ECB paper
Similarity between EU and Chinese goods exports has increased since 2019, research finds
Nigeria makes biggest rate cut since 2007
CBN also recalibrates standing facilities corridor to strengthen policy transmission
MNB seeks closer alignment with ECB, lowers inflation target
Monetary policy decisions will also be reduced from 12 to eight each year from 2027
Quarter of central banks adjusted reserves strategy after tariffs
Managers mostly adjusted duration; most change comes from Asia-Pacific
US rates surge sparks new wave of FX net investment hedging
Corporates pile into currency hedges to protect value of foreign assets and capture positive carry
Pacific series: Climate is top issue for Fiji’s governor Ariff Ali
Head of central bank speaks about climate, inclusion, modernisation and vulnerability ahead of his likely retirement next year, following 30 years at institution
BIS economists take aim at crypto industry data
Central banks should consider blockchain stats ‘noisy approximations’ of actual economic activity
Adapting to AI crucial to central banks’ credibility, Panetta says
Bank of Italy governor tells Kyiv conference tech-driven investment will alter inflation
Fear of risk and lack of trust block European investment – blog
Financial literacy is key to savings and investment union, say ECB economists
Kenya publishes draft national payment system policy and law
Payment ecosystem should draw on lessons from India and Brazil, National Treasury says
Canadian households and firms adapting to volatility – Macklem
Country has gone through ‘several stages of grief’ over death of open trade with US, says governor
