Official Record
PBoC holds key lending rates
Market-based lending rates remain unchanged as economic data remains mixed
UK inflation touches BoE’s target
Alignment with goal expected to be short lived but opens door to rate cuts later in year
Swedish government proposes $2.37bn injection for Riksbank
Government proposal falls short of central bank’s request
BIS to test automatic FX settlement in wholesale CBDC
Project will explore how interlinked payments systems can improve cross-border payments
Oman central bank joins Afaq payments system
System is operated by company owned by Gulf region’s central banks
Qatar to test large payments using CBDC
Central bank says it will test AI and distributed ledger technology
Bank of Mexico lowers GDP growth estimate
Slow economic activity from last year continues into the first quarter
RBI launches platform to digitise regulation
Central bank also launches mobile app to buy and sell government securities
Cross-border payments key to boosting riel, Cambodian governor says
QR payments set to expand to India and Japan, as central bank aims for independent monetary policy
ECB is ready to cut rates, chief economist says
Next steps in ECB’s easing cycle will be “bumpy” and “gradual”, says Philip Lane
RBI payout to Indian government more than doubles
Dividend boosts public finances as new government set to take office in early June
Paper finds link between housing costs and inflation expectations
Housing inflation expectations exceed other measures – National Bank of Belgium research
Short- and long-term US inflation expectations rise
Home price expectations also tick upwards as the last mile of inflation proves difficult
China holds key rate flat
Move comes two days before PBoC starts selling long-term sovereign bonds
South Korea and Malaysia renew currency swap line
Bank of Korea and Bank Negara Malaysia resume arrangement that lapsed in 2023
Fed releases guidance on third-party services
Fed board warns of possible operational, compliance, financial and strategic risks
Czech National Bank cuts rates by 50 basis points
Central European country follows in Hungary’s footsteps in easing
Sri Lankan inflation rises in April
Foreign exchange reserves rose as a result of central bank intervention
BoJ considers allowing external access to CBDC data
Digital yen API sandbox launched in April
SNB raises bank reserve requirements
Calculation formula changed as central bank looks to save on interest payments
FSB proposes actions to make margin calls safer
Margin calls can mitigate risk but may also create spikes of liquidity demand, report says
Peru’s board cuts interest rates by 25 basis points
Central bank says inflation should continue falling towards centre of target range
Bank of Canada holds rates for sixth consecutive time
Central bank optimistic that rate cuts are ahead and inflation will gradually fall
Digital payments in Saudi Arabia rise to 70% of retail transactions
Transactions processed through national payment systems hit 10.8 billion