News
New Zealand continues easing cycle with 50bp cut
Trade concerns take centre stage as RBNZ delivers fourth consecutive reduction
Trinidad to remove Columbus imagery from TT$100 banknote
Bills will display new coat of arms featuring national musical instrument, the steelpan
Riksbank makes Skr36 million profit in 2024
However, Swedish treasury will not benefit as central bank failed to reach its target equity level
Australia cuts rates for first time since 2020
RBA delivers long-awaited 25bp reduction but says markets are overconfident about further easing
‘Dark’ oil shipping impacts inflation – paper
Research finds nearly 43% of seaborne crude is shipped undercover to evade sanctions
Looming US Basel endgame redraft sparks calls to save IRB
Experts say 20 years of data makes credit risk models more appropriate than standardised approach
EMs resilient to US monetary spillovers, panellists say
Turkish and Thai governors discuss policy challenges at IMF conference in Saudi Arabia
Syria imports banknotes from Russia
Central bank says media reports of amounts involved are ‘exaggerated’
Bank of Russia holds rates
Inflation ticks up as central bank updates forecast again
Rwanda holds rates at 6.5%
Central bank expects inflation to remain within target
Former Curaçao central bank execs told to repay misappropriated funds
CBCS’s ex-president ordered to pay back more than $1 million
Philippines unexpectedly pauses easing cycle
BSP would have continued cutting if not for “uncertainty over trade policy”, governor says
Lebanese prosecutor asks Trump ally to investigate Salameh
Official writes to president’s Middle East adviser asking for inquiry into BdL’s ex-governor
Powell: ‘We’re close, but not there yet on inflation’
Fed chair also addresses bank independence, climate risk and CBDCs during testimony before Congress
Sanctioned ex-Bank of Russia official takes up IMF role in US
Former deputy governor Ksenia Yudaeva now reportedly working for institution in Washington
RBI unveils exclusive internet domains for banks and non-banks
Central bank also proposes additional authentication factors for cross-border payments
Zambia raises rates amid persistently high inflation
Central bank does not expect 6–8% target to be reached until at least 2027
BoJ governor: food inflation in Japan may not be temporary
Ueda’s comments mark slight change from previous statements that supply factors would dissipate
European politicians clash over ECB review, climate, digital euro
Report on bank’s performance critiques climate mandate, loss of purchasing power
Trump orders US Treasury to stop minting pennies
President says coins cost too much but activists blame US Mint’s accounting
Norges Bank considers joining T2
Norwegian central bank says it anticipates deal could be reached this year
Bank of England wants dynamic Emir for UK clearing houses
Review won’t just photocopy EU legislation, as BoE seeks to make rules simpler and adaptable
Bitcoin remarks ‘a surprise to CNB staff’ – source
Concern that planned asset allocation review is just “cover-up to push through crypto”
Georgian governor appointed on permanent basis
Natia Turnava had been acting governor since June 2023 due to political opposition