Official Record
State Bank of Vietnam cuts interest rate
Central bank says Vietnam’s economic growth has faced difficulties
RBA pauses rate hikes as inflation slows
Central bank board has not ruled out further tightening
UAE revokes licence for Russia’s MTS Bank
Gulf state was put on the FATF grey list last year
US regulators fine Wells Fargo for aiding sanctions-busting
Fed and Treasury say bank failed to halt client channelling funds to Iran, Syria and Sudan
Eurozone headline inflation drops sharply
But core figure remains high as service price rises persist
PBoC has lent banks $44 billion for ‘green projects’
Facility helps Chinese and foreign lenders to fund carbon emissions reduction, says governor
BoE proposes minimum resilience for LDI funds
Funds at centre of UK’s bond market 2022 crisis must withstand bigger “yield shock”, BoE says
Georgieva warns of increased risks to financial stability
Action by policy-makers has only eased stress “to some extent”, IMF chief says
Islamic banking most at risk of negative CBDC effects
IMF paper highlights risk of unremunerated and small retail deposits
FedNow set to launch in July
Onboarding to instant payment system begins in April, followed by production validation
RBA says interest rate pause is on the cards for next month
Central bank says monetary policy is in “restrictive territory”
BoE says more work needed to assess climate capital rules
Campaigners disappointed by lack of action on building resilience to climate change
Riksbank to start government bond sales in April
Swedish central bank aims to tighten monetary policy
Swift completes cross-border CBDC settlement pilot
Banque de France, Bundesbank and the MAS among central bank participants
Peru holds rates for second month
Governor says economic growth likely to underperform central bank’s estimates
Layoffs higher in US tech industry – St Louis Fed
Data shows layoffs in “information industry” were up over 65% compared with April 2022
Georgieva backs flexible credit line for Morocco
IMF executive board to consider request for $5 billion facility
Brazil’s central bank authorises business payments on WhatsApp
Peers can also send money in India, while B2B only is enabled in Singapore
Sri Lanka central bank negotiates rate rise with IMF
Stricken country raises interest rates and taxes in bid for $2.9 billion loan
RBI report details Covid contingency measures
Central bank reorganised staff and processes at “unprecedented scale and speed”
Eurozone core inflation hits record 5.6%
Lagarde signals rate hikes may continue beyond March
Colombia central bank transfers $1.6 billion to government
Country escapes trend of central bank losses
RBA outlines retail CBDC pilot projects
Australian central bank will test 14 use cases, working with major lenders and other firms
Young borrowers struggling with debt – New York Fed
Delinquencies are rising fast and forbearance on student loans is set to end