News
Korean officials argue for stablecoin authorisation body
Central bankers warn of currency substitution and monetary policy risks
BoE’s mandate may be too broad, warns Mervyn King
Former governor chats with Paul Tucker on independence and central banks’ optimal remit
Brazil and China agree currency swap line
BCB says it is in talks to establish similar arrangements with other central banks
Iran launches second phase of payments link with Russia
Iranian stores to accept Russian bank cards via mobile app
EBRD outlook turns gloomy after US tariffs
“Not a very happy picture” for world economy, says institution’s chief economist
Ex-BoE official calls for active monetary response to gilt shocks
Clear framework needed to address government bond market volatility, Sushil Wadhwani argues
Bank of Finland makes renewed case for instant payments system
Solution would strengthen national security, bank says
East Africa governors discuss delayed single currency launch
Leaders adopt “masterplan” to modernise and integrate payments systems
Hedge funds burned as Hong Kong dollar bets implode
However, market participants still seem satisfied with the HKMA’s commitment to defending currency peg
Spain imposes capital buffers on Norway-exposed bank
Santander’s exposure to Norwegian market is above exemption threshold
Peru cuts by 25bp in surprise move
Policy rate now approaching level “estimated as neutral”, central bank says
Strategic Planning Benchmarks 2025 Charts
Take a deep dive into the Strategic Planning Benchmarks charts, which have just been released for 2025.
Albania, Norway, Sweden hold rates, Poland cuts by 50bp
Falling food and energy prices amid high trade uncertainty prompt cautious approaches
Brazil hikes rates again as inflation still above target
BCB tightens by 50bp to 14.75% and leaves next decision open
Bank of England cuts rates to 4.25% as disinflation continues
Effects of US tariffs on growth will be smaller in UK than elsewhere, central bank says
Fed holds rates as experts sound alarm over stagflation
FOMC says risks have risen on both the employment and inflation sides of its mandate
Czech National Bank reduces rates by 25 basis points
CNB makes “very cautious” move amid domestic economic recovery and international uncertainty
Georgia and Armenia hold rates
Central banks in both Caucasus nations point to risks of inflation resulting from US tariffs
PBoC cuts rates and lowers reserve requirement ratios
China delivers major round of stimulus measures before opening trade talks with US
Project Agorá ‘faces fragmentation challenges’
Conference hears how netting and liquidity-saving mechanisms are often at odds with T+0 settlement
ECB launches digital euro ‘innovation platform’
Bank garners around 70 private “pioneers” and “visionaries” to discuss CBDC
Pakistan cuts rates to 11%
Central bank expects inflation to rise to 5–7% target level over coming months
Taiwan says currency surge unrelated to trade talks with US
Rumours of “Mar-a-Lago accord” causing NT$ appreciation are “false”, central bank says
Experts divided over contraction in US economy
Ex-NY Fed chief says latest figures are an anomaly, though others point to Trump policies’ impact