News
Russia hikes rates by 100bp
Central bank says growth in demand for goods and services still “significantly outstrips” supply
CBDC transactions reach 7 trillion yuan, PBoC official says
Figure suggests e-CNY transactions almost quadrupled in the year to June
Peru cuts rates by 25bp for second successive month
Policy rates among lowest in Latin America amid cooling domestic inflation
ECB cuts rates by 25bp
Eurozone growth projections revised downwards as German economy slows
Japan should gradually raise rates to around 1% – BoJ’s Tamura
Board member considers this to be country’s neutral interest rate
Trinidad opposition leader calls for inquiry into central bank
CBTT accused of “cooking the books” with government over discrepancy in public accounts
Fed’s vice-chair unveils watered-down capital requirements
Barr proposes reducing rise for largest banks from 19% to 9%
RBA reforms in limbo amid opposition
Opposition says it will not support government proposals
Ukraine moves to curtail capital flight
NBU says changes will support defence, business and “nuclear insurance pool”
Reserves Benchmarks 2024 Charts
Take a deep dive into the Reserves Benchmarks charts, which have just been released for 2024.
FOMC members signal rate cut
Waller, Bostic, Daly, Schmid, Goolsbee and Williams speak towards balancing both sides of dual mandate
At least 10 banks near bankruptcy – Bangladesh Bank governor
Mansur says authorities are working to save distressed commercial lenders
Marshall Islands pushes ahead with plan for monetary authority
Minister says new institution is needed to deal with financial system’s increasing vulnerability
Draghi report calls for step change in EU investment
Former ECB chief says bloc should revive securitisation and finish capital markets union to stay competitive
Brazil announces new themes for phase two of CBDC pilot
BCB selects private companies to test implementation of “smart contract” for drex currency
World Bank approves credit financing for Pacific islands
Local banks could use funds to secure correspondent banking relationships in event of emergency
Former PBoC head urges efforts to fight deflationary pressure
Yi Gang highlights weak domestic demand and need for fiscal and monetary support
Hungary has been ‘off course’ since 2021 – MNB governor
Matolcsy tears into government’s economic policy
Egypt holds interest rates
Central bank expects inflation to start falling early next year
Lebanese authorities press criminal charges against Salameh
Former central bank governor faces investigation over alleged embezzlement
BoE and bond vigilantes ‘not responsible for 2022 gilts crisis’
Ex-bank official rejects former PM’s claims that LDIs were primary cause of yield spike
Malaysia holds policy rate
Decision comes after country posts 5.9% year-on-year growth in Q2 and currency rebounds
Lebanese authorities arrest former central bank governor
Riad Salameh detained in Beirut over allegations of embezzlement
Minister nominated as Bank of Spain governor
Opposition says appointment of José Luis Escrivá would throw bank’s independence into question