News
DoJ drops Powell probe, clearing way for Warsh
U-turn comes after Thom Tillis doubled down on threat to block president’s chosen successor
Tillis holds firm over Warsh’s confirmation as Fed chair
Senator still intends to block appointment unless criminal probe into Powell is dropped
BoE’s Breeden warns of potential private credit crunch
Deputy governor cautions investors not to regard wobbles as ‘idiosyncratic’
Lane says Blanchard’s Eurobond proposal is ‘feasible’
ECB’s chief economist calls for expanded supply of euro-denominated safe assets
Indonesia holds policy as rupiah stabilisation efforts continue
BI says impact of Middle East conflict continues to affect currency’s value
RBA ‘closely monitoring’ Mythos amid cyber security concerns
Bank engaging with other agencies and regulated entities as it examines implications of new AI model
People: Bank of Greece approves new term for governor
Plus: change at the top in Vietnam, new general counsel at Netherlands Bank
Shin promotes novel approaches in inaugural address at BoK
Ex-BIS chief economist formally appointed head of South Korean central bank
US policies eroding dollar’s position, say Knot and Obstfeld
Euro and yuan unlikely to supplant greenback, but ‘more multipolar’ system could arise
Growing global imbalances risk ‘disorderly unwinding’ – panel
Imbalances caused by unsustainable growth models and industry policy, experts say
Global AI imbalances expected to hit emerging markets hardest
IMF’s Bo Li and Anthropic’s economics head discuss social protection on panel
Financial integrity ‘the major concern’ with stablecoins – de Cos
Bespoke AML measures will be needed in case of wide adoption, says BIS chief
Pakistan central bank seeks to reassure international investors
Governor says country in better position to weather shocks than before Ukraine war
Economic security requires alliances, not autarky – panel
Former RBA policy-maker says countries outside US need strong trade links in uncertain times
EU needs integration, innovation and Eurobonds – panel
Schnabel, Blanchard, Spain’s finance minister and Citadel MD discuss bloc’s future
Policy-makers should learn to articulate uncertainty – panel
Central banks must be ready to communicate policy trade-offs, economists tell IMF Spring Meetings
China increases lending limits for foreign banks
PBoC says move will create lending framework that prioritises renminbi
Oil shock makes it harder to formulate monetary policy – Ueda
BoJ governor pledges to monitor data to ‘last minute’ before next rate decision
NBE governor: reforms have reorientated Ethiopian economy
Country has been shifting towards a market-based system, with support from IMF
‘There is agency’: experts say countries can deal with tariffs
‘Bad behaviour’ by US and China has brought many other nations together, speakers say
GCC will ride out economic headwinds – panel
Experts at IMF meetings highlight Gulf states’ dynamism, notwithstanding war’s impact on Mena region