News
RBA office renovation cost quadruples after asbestos surprise
Central bank may pay up to A$1.2 billion for project after building declared uninhabitable
Fed ends crypto and fintech supervision programme
“Novel activities” programme will be folded into normal supervisory processes
Norges Bank divests from Israeli firms active in Gaza
Bank terminates contracts with Israeli investment managers and brings portfolio management in-house
Thailand and China renew bilateral currency swap agreement
Central banks agree to exchange up to 70 billion Chinese yuan over five-year period
Minimum gilt repo haircut could boost stability – BoE official
Measure helps prevent build-up of extreme leverage among non-banks, FPC member Benjamin argues
Brunei and Singapore ink cross-border collateral agreement
Central banks say move will allow access to wider range of collateral for liquidity operations
Financial Stability Benchmarks 2025 Charts
Take a deep dive into the Financial Stability Benchmarks charts, which have just been released for 2025.
Ireland loosens credit union rules to spur green loans
Central bank expresses hope for more sustainable lending as it increases capacity from €2.9bn to €9.9bn
People: BSP appoints new deputy governor for supervision
Plus: Kenya lines up Nokia’s country chief for seat on board, and head of US crypto council steps down
Rates round-up: African central banks hold steady
Mauritius, Namibia, Uganda and Zambia leave policy unchanged, while Kenya cuts
Norges Bank strikes hawkish tone with rates hold
Inflation “in line” with June projection and two cuts still on table for this year, central bank says
Bessent expects BoJ to raise policy rate
US Treasury secretary also says inflation in Japan is dragging up yields on long-term US bonds
Barbados to launch instant payment system
Central bank says ‘revolutionary moment’ in country’s financial history will take place next March
Warren’s buffer plea is point-scoring, says expert
Professor attacks senator’s call for Fed to tighten bank regs, but echoes concerns about weak lenders
BoT cuts policy rate and forecasts tariff-induced slowdown
Thai central bank cuts by 25bp at final meeting before dovish Vitai becomes governor
China to continue consumption push with loan interest subsidies
PBoC says plan aligns with government policy to increase consumer spending
Australia cuts rates by 25bp as expected
RBA governor says inflation within target, as bank’s forecasts assume further cuts
New Zealand central bank proposes cutting fifth of staff
RBNZ’s plan follows government’s announcement of 25% reduction in funding earlier this year
Experts split over wisdom of Mexico’s 25bp rates cut
Economist says policy committee’s sole dissenter was right to vote to hold
Czech Republic holds rates again and upgrades growth outlook
CNB says economy running hot on all fronts warrants restrictiveness in monetary stance
US’s gains from tariffs diminish when countries retaliate – study
Dallas Fed authors say negotiated settlements may be best for all concerned
BoJ eyes further rate hikes, possibly by year’s end
Central bank says global economies’ resilience to tariffs “remarkable”, while predicting slowdown
US deposit insurance requires rethink, say experts
Dallas Fed study asks if current level is sufficient, while NYU professor argues for 100% coverage
BoE cuts rates by 25bp in historic close call
For first time in history, MPC voted twice as initial round ended in 4–4–1 stalemate