Official Record
Reserve Bank of Australia joins 50bp club
Australian central bank continues post-pandemic tightening with second, larger hike
BoJ finds some CBDC designs suffer from bottlenecks
Designs faced pressures on transaction throughput, latency and CPU load
Basel Committee finalises climate principles
Committee also pushes forward with crypto asset regulations
IMF gains bigger budget to handle economic ‘inflection point’
Decade of flat budgets hampered efforts to tackle “profound” macroeconomic shift, fund says
Peru halves IMF credit line
Authorities say plan to phase out flexible credit line is mark of “very strong fundamentals”
Fed’s favoured inflation gauge falls
PCE inflation reading for April 2022 was down from March
Guatemala orders first rate rise in nine years
Board cites concerns about expectations but inflation remains within target range
Real house price growth slowing slightly, BIS says
Advanced economies still seeing price increases that are close to historic highs
Esther George to step down as Kansas City Fed president
George will retire in January on reaching retirement age, after 11-year tenure
Digital yuan being tested at Chinese high school
“Smart ID card” allows students to make purchases – and parents to track them
RBNZ tightening policy ‘by more and sooner’
Central bank orders second 50bp hike, the fifth increase since last October
Japan’s inflation breaches 2% target
High import prices a key driver as flat wages drag demand
NY Fed releases supply chain pressure tracker
Recent months have seen resurgence of supply chain bottlenecks
Norges Bank flags rising cyber threats
Study finds payment system is efficient and offers lower costs than neighbouring countries
China cuts key lending rate
Authorities acknowledge “complex and severe environment” as they step up support
ECB will hire young Ukrainian researchers
Up to 15 trainees will help evaluate impact of Russian invasion
BSP opens currency exchange for migrants fleeing Ukraine
Returning Filipinos can convert their hryvnia to pesos at central bank and authorised banks
Zimbabwe lifts lending freeze
President had announced total halt to lending in bid to defend local currency
Saudi sovereign wealth fund sets up national coffee company
Coffee venture is part of national diversification plann
HKMA defends currency on foreign exchange markets
First interventions since 2019 come as Hong Kong central bank props up dollar peg
Malaysian central bank makes surprise rate rise
Pre-emptive decision designed to stave off inflation
Romania meets inflation spike with rate hike
Central bank adds 75bp to policy rate as inflation passes 10% mark and economy sputters
Norway’s headline inflation increases to 5.4%
Analysts say 50bp rate hike becoming more likely
Moldova continues rate climb as inflation passes 20%
Central bank orders another 300bp increase as war adds to price woes