News
People: New faces on IMF exec board
Plus, appointments at Deutsche Bundesbank and Czech central bank
Minneapolis Fed chief shares concerns about tit-for-tat tariffs
Kashkari points to heightened risk of inflation but insists US economy is “strong”
Pablo Hernández de Cos to be next BIS general manager
Agustín Carstens will leave in 2025 after leading transformation project
Lagarde warns of widening climate finance gap
“We must adapt and become more resilient” in a fair and equitable manner, says ECB president
Ruling party loyalist to become new BoT chair
Appointment of Kittiratt Na-Ranong will increase concerns about erosion of bank’s independence
DNB tells banks to test ‘extreme but plausible’ political scenarios
Geopolitical risks become focal point of Dutch supervision strategy
Deutsche Bundesbank joins Project Guardian
Germany joins France, Japan, Switzerland and UK in MAS tokenisation initiative
Prepare to supervise AI, BdF’s Beau tells financial authorities
Technology can enhance revenues but list of related threats remains long, says deputy governor
Central bankers weigh up prospects for Project Nexus
Policy-makers from Asean states, India and EU discuss goals for multilateral cross-border payments link
ECB to introduce structural bond portfolio and LTROs – Schnabel
Executive board member says QT worries have not materialised
Fed makes post-presidential election rate cut
Chair Powell stresses Trump’s election as president will have no effect on policy in the near term and he has no plans to resign at Trump’s request
Europe’s central banks diverge on monetary policy
Norway holds, while Albania, Czech Republic and Sweden proceed with cuts
Bank of Thailand governor plays down case for retail CBDC
Sethaput says Asean countries already have good retail payments infrastructure
CBDCs may need to replace stablecoins – Treasury committee
US advisory body calls for creation of unified ledgers under central bank auspices
Georgia and Namibia sign MoUs with MAS’s new fintech network
Singapore’s GFTN agrees to provide advisory services to emerging economies’ central banks
BdF deputy governor softens digital euro regulatory stance
Beau says central bank money is safer, more liquid and less volatile than stablecoins
ECB study highlights firms’ exposure to property downturn
Analysis examines risks to various classes of investor from exposure to commercial real estate
Argentina reduces policy rate for first time since May
Analyst says 500bp cut means country is unlikely to lift currency controls soon
State Bank of Pakistan cuts rates by 250bp
Fourth consecutive reduction comes one month after IMF begins disbursing $7 billion funding package
Thailand delays selection of central bank chair
Decision follows warning against political interference from four former governors
Lebanese central bank increases withdrawal allowances for month
Equivalent of two monthly payments allowed in view of Israeli attacks
Colombia cuts rates by 50bp in split decision
Recent constitutional reform bill could hurt fiscal sustainability, says central bank
Exact inflation at 2% not ‘realistic, nor necessary’ – BdF governor
Villeroy de Galhau says central banks should advocate for structural policies
Three-quarters of UK financial firms use AI – BoE’s Breeden
Deputy governor previews survey result in speech on AI’s financial stability risks