News
Monetary policy-makers should track bubbles – Dallas Fed paper
Economists warn of possible ‘explosive bubbles’ and evaporating wealth
IMF releases $1.1bn to Bangladesh
Fund calls for tight policy to bring down inflation
BIS predicts AI will be inflationary in long term
Expects accelerated inflation dynamics as firms adjust prices in response to shocks
Seven island central banks sign green finance roadmap
Central banks agree to boost efforts on knowledge exchange and resource sharing
Digital euro ‘may require’ battery-powered cards for offline use
Eurosystem could develop its own app to manage digital euro accounts
Laotian central bank raises rates amid high inflation
Inflation in Laos has been above 20% due to weak local currency
People: Sri Lanka appoints two new deputy governors
Nithya Navaratnam named deputy head of BIS banking department
Japan ready to intervene in FX markets, finance ministry says
Top currency official issues warning as yen hits 34-year low against dollar
MNB posts historic $4.74 billion loss in 2023
Central bank act amendment precludes immediate recapitalisation
PBoC and RBI have highest-ever gold holdings, WGC says
PBoC paused gold purchases in May for first time since November 2022
Thai governor clashes with government over inflation target
Sethaput warns of inflation risks amid ongoing dispute with prime minister
Brazilian politicians launch legal action against Campos Neto
Allies of president escalate pressure on central bank as policy-makers opt to hold rates
European Commission opens consultation on AI in finance
As AI use in financial services increases, regulators must balance innovation with risk
Bank of England holds rates as services inflation lingers
“We need to be sure that inflation will stay low,” governor Andrew Bailey says
Bank Indonesia holds policy rate despite rupiah weakness
Governor Perry Warjiyo vows further intervention to support the currency
Ethiopia approves CBDC law as it pursues bitcoin mining policies
Monetary policy and financial stability committees established as part of economic reforms
Russian central bank reacts to tighter US sanctions
Bank of Russia suspends some dollar trading as G7 countries consider moves against Chinese banks
PBoC overhauls monetary policy framework
Central bank aims for clearer policy rate, bigger role for bond trading and use of “structural” tools
Attention shifts to US, UK after European Union postpones FRTB
Global timeline still unclear, with banks hoping lawmakers will use delay to soften rules
Armenia receives support from IMF as inflation turns positive
Central bank carries out ninth consecutive cut but says inflationary pressures remain low
Iran to launch digital rial on Kish Island
Central bank aims to develop digital micropayments domestically
Expanded IMF mandate presents ‘serious’ challenges, review finds
Independent review finds staff have been overstretched by work on climate, gender and technology
RBA holds rates as inflation stays above target
Australian governor says rate-setters did not discuss a cut and forecasts rising real incomes