News
Mozambique slashes rates to 13.25%
Inflation is falling, but IMF warns that after-effects of cyclones could push prices back up
Fed eases regulatory burden for small US banks
Rule change introduces streamlined reports for banks with assets of $1 billion to $5 billion
Fed opens door to future rate cut
Policy-makers adopt dovish tone, but choose not to cut yet
Euro internationalisation pushes ECB to rethink policy approach
Wider euro use forces policy-makers to consider ever more global factors in monetary policy analysis
Ukrainian court bars central bank deputy governor from carrying out duties
Central bank says court ruling breaks law, as legal battle over nationalised lender continues
BoE’s Kashyap warns banks vulnerable to state-sponsored cyber attacks
FPC member says he is not sure banks are capable of defending themselves
Regulators prepare response to Facebook’s Libra
Plans under way for G7 working group, as crypto asset plans draw criticism in Europe and US
RBNZ highlights cash advantages as usage declines
New Zealand central bank aims to protect sectors of society more reliant on cash
Fischer warns Trump could sabotage Fed crisis response
Fed independence under “unprecedented” threat and second Trump term would harm US – Fischer
Facebook unveils new ‘currency’
Social media group says it plans to “reinvent money” with payment system backed by liquid reserves
Draghi becomes latest target of Trump’s ire
Dovish comments at ECB conference draw accusation of manipulation from US president
BoE finds weaknesses in small bank risk controls
Senior regulator says challenger banks are “overly optimistic” in risk modelling
El Salvador appoints new central bank chief
Seasoned civil servant Carlos Federico Paredes appointed by new political outsider president
PBoC extends liquidity to smaller firms after Baoshang takeover
Chinese securities watchdog also urges big brokerages to provide liquidity support to smaller securities firms and funds
Afghan governor resigns, citing health reasons
Central bank faces major challenges in war-torn country, but IMF recently praised progress
Bolsonaro intrudes into Brazil’s economic institutions
President forces head of Brazilian Development Bank to resign; central bank denies existence of monetary union plans
IMF formalises strategy on ‘social spending’
Lagarde says tackling inequality, exclusion and other social problems is key to rebuilding trust
Venezuela introduces new banknotes as hyperinflation continues
New notes come less than a year after five zeroes were dropped from currency
Latvian state changes top regulators over AML
Law had to be passed to meet international concern over money-laundering, prime minister says
Review calls on IMF to deepen monetary expertise
Independent report says IMF broadly made the right calls on risks around unconventional policy, but shortage of expertise leaves fund behind the curve
RBNZ to promote internal use of Māori language
Agreement is part of wider efforts in New Zealand to revitalise language
BCRA president admits inflation still too high
Outlook requires continued ultra-tight monetary policy, says central bank president
Next Bank of Jamaica governor chosen
Businessman and financier Richard Byles to take over on August 19
EU must improve capital markets to boost euro as global reserve – ECB
ECB cannot “unequivocally” say euro becoming global reserve would help monetary policy – Cœuré