News
Turkey records 10-point drop in annual inflation for July
Year-on-year figure down to 61.78%, but monthly figure still rising
MAS review aims to boost Singapore’s stock market
Central bank-led group will look into how SGX might attract more IPOs
Japanese market shock threatens to spill back to US
Sudden unwinding of carry trade could impact Fed decision-making, analysts say
Bank of Thailand announces measures to ease household debt
Central bank extends easier repayment rules for card users and persistent debtors
Malta’s central bank governor steps down to fight criminal case
Bank says Scicluna is leaving temporarily to “defend his innocence”
Bank of Italy makes its new DLT protocol open source
Research says novel cryptographic signature could validate payments and digital asset transfers
PBoC adviser calls for more expansionary economic policies
Monetary policy committee member advocates stronger measures to alter market expectations
Czech National Bank cuts rates to 4.5%
Reduction of 25bp comes after headline inflation falls to 2% target
RBNZ explores new ways to monitor financial stability
Researchers model based on news sentiment and NPLs in latest research
Bank of England cuts rates for first time since 2020
MPC votes for 25bp reduction in split decision after Fed opts to hold
LatAm rates round-up: Brazil and Chile hold while Colombia cuts
Central banks maintain cautious stance as disinflation slows across region
Fed holds rates again
Powell says FOMC’s “broad sense” is that US economy is moving to point where cuts would be justified
Policy-makers report progress in CBDC exploration
Central banks generally see promise in digital currencies, though one is halting research
National Bank of Georgia holds rates
Move comes as inflation remains well below 3% target
BoJ raises policy rate, outlines plan to reduce bond purchases
Governor says bank will raise rates again if economy and prices move in line with projections
Asia’s central bankers bullish over cross-border payments
Policy-makers at Asia Summit also spoke of gradual pick-up in use of local currencies
Armenia cuts rates by 25bp
Decision comes as inflation remains well below 4% target
Innovate to defend status of central bank money, says BoE
Bank “exploring options” to widen access to settlement
Ethiopia secures $3.4bn IMF package after floating currency
Funding likely to catalyse additional external support, institution says
Malaysia is latest country to seek Brics membership
However, uncertainty remains over whether Saudi Arabia will join emerging economies bloc
Uruguay appoints new central bank president
Vice-president promoted as outgoing chief resigns
Falling r* a ‘mirage’ in open economies – IMF paper
Adding exchange rate to standard model significantly changes predictions, authors find
Ethiopia adopts market-based FX regime
Move follows monetary policy reform aimed at attracting IMF funding