News
FOMC members signal rate cut
Waller, Bostic, Daly, Schmid, Goolsbee and Williams speak towards balancing both sides of dual mandate
Brazil announces new themes for phase two of CBDC pilot
BCB selects private companies to test implementation of “smart contract” for drex currency
World Bank approves credit financing for Pacific islands
Local banks could use funds to secure correspondent banking relationships in event of emergency
Former PBoC head urges efforts to fight deflationary pressure
Yi Gang highlights weak domestic demand and need for fiscal and monetary support
Hungary has been ‘off course’ since 2021 – MNB governor
Matolcsy tears into government’s economic policy
Egypt holds interest rates
Central bank expects inflation to start falling early next year
Lebanese authorities press criminal charges against Salameh
Former central bank governor faces investigation over alleged embezzlement
BoE and bond vigilantes ‘not responsible for 2022 gilts crisis’
Ex-bank official rejects former PM’s claims that LDIs were primary cause of yield spike
Malaysia holds policy rate
Decision comes after country posts 5.9% year-on-year growth in Q2 and currency rebounds
Lebanese authorities arrest former central bank governor
Riad Salameh detained in Beirut over allegations of embezzlement
Minister nominated as Bank of Spain governor
Opposition says appointment of José Luis Escrivá would throw bank’s independence into question
Chile resumes rate cuts following unanimous vote
Central bank announces 25bp reduction amid weak consumption and moderate inflation
Bank of Thailand to name new chair by October
Upcoming appointment adds uncertainty to relations between new government and central bank
People: Bundesbank appoints Mauderer as vice-president
Former prosecutor joins Dutch central bank’s supervisory board
Turkey’s annual inflation drops by nearly 10 points
Month-on-month inflation also fell in August, having risen in July
Ueda: BoJ will continue raising rates if ‘outlook realised’
Governor affirms central bank’s hawkish stance ahead of this month’s monetary policy meeting
Central banks ‘buying more gold’
Institutions will continue to increase purchases, World Gold Council says
Timor-Leste to set up central bank institute with IFC
Project aims to strengthen capabilities in financial services and private sector more broadly
People: Lula nominates ally Galípolo as Brazilian governor
BIS appoints Franks Smets to senior economics role
Bank of Russia expands CBDC pilot
Central bank says second phase will involve far greater numbers of people and firms than initial stage
South Korea and Indonesia set up currency transactions framework
Move is latest regional effort to bolster use of local currencies for settling trades