News
UK regulator backtracks over ban on retail crypto trading
FCA wants to allow investment in trading notes it had previously deemed harmful
Banque de France governor declares victory over inflation
Villeroy de Galhau says France has to “spend better” to reduce debt
Tariffs will raise US prices throughout 2025 – Fed governor
Kugler says progress on core goods inflation has been reversed and trade policy could make things worse
RBI cuts rate by 50bp to 5.5%
Bank continues to loosen policy amid cooling inflation and global uncertainty
Brazil to enable recurring payment feature for Pix
BCB’s payment system will launch new function on June 16 after delay
European Central Bank reduces rates by 25bp
Lagarde hints at pause in next meeting, dispels rumours about early departure
ECB greenlights Bulgaria’s accession to eurozone
Politicians show cautious optimism as Bulgarian central bank governor lays out next steps
People: April to June 2025
A round-up of central bankers in the news and on the move during the past three months
Palestine launches zero interest-rate loan scheme
Monetary authority announces $10m of support for small businesses in Gaza and West Bank
Bank notes: April to June 2025
A round-up of news and salient issues that have affected central bankers in the past three months
Payments Benchmarks 2025 Charts
Take a deep dive into the Payments Benchmarks charts, which have just been released for 2025.
Lawsuits looming against ECB’s climate policy, expert says
Banks could go to court over imposition of daily fines related to environmental prudential rules
Obituary: Stanley Fischer, 1943–2025
Fischer had a profound impact on central banking, as path-breaking academic and top policy-maker
Confusion over Pakistan’s crypto policy
Central bank says crypto is legal, thus contradicting official’s previous statement before parliament
Sweden moves to improve liquidity provision in resolution
Riksbank and debt office develop “joint approach” to clarify how lenders can source liquidity in crisis
Supreme Court ruling raises storm clouds for Fed
Decision to allow dismissal of agency staff without cause poses risks to bank’s independence, say experts
Croatia and Montenegro to begin cash swap programme
Central banks sign MoU to exchange damaged euro notes from Montenegro for undamaged ones from Croatia
Iran and Oman to establish ‘joint bank’
Central bank says new institution will help with financial settlement
Slovak court convicts central bank governor of bribery
Kažimír must pay €200,000 or face prison for having paid an official to expedite VAT refunds
Why making cents no longer makes sense
Experts praise US Treasury’s decision to stop minting pennies, but question policy’s implementation
European central banks taking more active role in cash cycle
Roundtable hears how fears over moral hazard are being set against need to preserve cash infrastructure
Bank of Korea makes 25bp cut and lowers GDP forecast again
Central bank hints at further easing as weak domestic recovery and US tariffs dim growth outlook
Fed agrees to unveil stress test models in transparency U-turn
US regulator commits to September 30 deadline for new measures
Fannie, Freddie … and Donald
Trump’s plan to privatise GSEs may pose systemic risks if not done properly – and Fed may have to intervene, say experts