News
National Bank of Romania renews veteran governor’s tenure
Mugur Isărescu, who has headed bank for more than 30 years, appointed to new five-year term
Cloud and AI ‘dramatically improving’ data use at BoE
UK central bank creates cloud-based platform to streamline processing of its 30,000 data series
Disinflation in Turkey slows in September
Rate cuts appear less likely as CPI inflation remains at 49%
Japan’s economy not ready for rate hike, says prime minister
New premier’s remarks add uncertainty to BoJ’s normalisation path
BIS paper explores ‘ChatGPT for central banking’
Language models can analyse sentences but needs more work when it comes to complex content
Swift to conduct live digital asset transaction trials from 2025
Network’s head of innovation says functionality will meet increasing demand for digital transactions
Iceland eases monetary policy by 25bp
MPC cuts rates as CPI inflation excluding housing heads towards target
Basel III endgame adoption more than doubles
Annual monitoring exercise shows progress, but US and some emerging markets lag behind
Hungary’s central bank increases gold reserves by 16.4%
MNB now has highest per capita bullion stocks in central and eastern Europe
RBA bars two banks from private briefings after leaks
Incidents raise concerns over practice of holding off-the-record briefings with market participants
BoE will need to closely monitor shift to T+1 if it is to succeed – report
UK will move to accelerated settlement by 2027, even if rest of Europe has yet to align
Rate markets had lucky escape from August stock crash, says BoE
FPC minutes suggest spillover might have occurred were it not for positive macroeconomic news
Libya’s parliament approves central bank compromise deal
Path now set for appointments of governor, deputy governor and board of directors
Colombia cuts rates by 50bp in split decision
Uncertainty over fiscal budget prevents further easing, analysts say
Fed relief plan for G-Sib agency clearing welcomed
Rollback may revive interest in European FCM model, as principal clearing still treated punitively
RBNZ looks into promoting competition among banks
Central bank mulls greater access to its interbank payments system and changes to capital rules
‘Unpredictable’ risk driven by AI, geopolitics – Lagarde, Buch, Rehn
European supervisors call for caution – and more authority – at ESRB annual conference
IMF board approves funding to Pakistan
Institution disburses around $1bn in first instalment of extended facility
Fed’s new liquidity rule spells more pain for US regional banks
Limit on HTM assets follows move to deduct unrealised losses from capital buffers
Czech Republic, Sweden and Switzerland cut rates
25bp cuts across Europe follow Fed’s footsteps
Banks should account for Fed facilities in stress tests – Barr
Vice-chair says doing so would help alleviate stigma over using discount window
Bank of Mexico cuts rates by 25bp amid slowing inflation
Doveish tone signals further easing to come, say analysts
Libya’s rival factions nominate new central bank governor
Appointment under compromise agreement still has to be approved by parliament aligned with eastern forces
People’s Bank of China cuts RRRs and key rates
Bank starts to implement slew of stimulus measures