International Monetary Fund (IMF)
People: Olli Rehn to chair ECB’s audit committee
Plus: Gita Gopinath to step down as IMF’s first deputy managing director
Oil shocks create ‘persistent’ labour downturns – IMF paper
Gains for oil-exporting countries are “comparatively modest”, say researchers
Tobias Adrian on the integrated policy framework amid tariff shocks
The IMF’s financial counsellor speaks about policy reaction functions to supply and demand shocks, scenario-based analyses, Treasury market dynamics and emerging market resilience
Brics leaders push for multilateral payments solutions
Central bank governors and finance ministers also call for reform of Bretton Woods institutions
IMF disburses additional $500m to Ukraine
Central bank governor welcomes “positive news from Washington” as country passes latest EFF review
PBoC’s Pan outlines vision for multi-currency international order
Governor describes SDR-based system in which major currencies would “co-exist and compete”
IMF’s Adrian highlights GaR’s value in scenario analysis
Chief financial counsellor tells Summer Meetings of motivation in developing award-winning framework
Central Banking Awards 2025 ceremony honours shining stars
Oscars of central banking recognise excellence in the community
A fireside chat with BIS head Agustín Carstens
The lifetime achievement award-winner speaks with Chris Jeffery about how experiencing inflation shaped his career, gaps in economic theory and macro-pru governance, the future of money and the importance of international co-operation
Moderate US bank stress could lead to global contagion – report
IMF study cites SVB’s collapse, which reverberated across world by pushing up US sovereign credit risk
Obituary: Stanley Fischer, 1943–2025
Fischer had a profound impact on central banking, as path-breaking academic and top policy-maker
IMF officials call for central clearing of sovereign bonds
“More work needed” to enhance structural resilience in core markets, researchers say
Maurice Obstfeld on the trade war’s damage to the monetary system
The former IMF chief economist speaks about Trump’s chaotic economic policies, the erosion of Fed independence and dollar stability, difficult policy trade-offs for central banks, and the threat to the Bretton Woods institutions
Ukraine’s Andriy Pyshnyy on the US minerals deal, ongoing reforms and post-war plans
The National Bank of Ukraine’s governor speaks about managing inflation, financial sector reform, FX reserves, international aid and actions in the event of a peace deal
IMF director calls for transparency in sovereign debt
Georgieva says opaque financing can contribute to debt crises in emerging economies
Global reset is testing emerging markets – Gopinath
IMF’s deputy managing director says small economies must be ready to respond forcefully to inflation
Rate hikes and financial stability can coexist – IMF panel
Policy-makers can ease lenders’ stress with short-term liquidity when tightening policy, say speakers
US Treasury secretary accuses IMF and World Bank of ‘mission creep’
Bessent says organisations should focus on core goals rather than issues such as climate change
IMF cuts forecasts as tariffs add to high uncertainty
World economic outlook sours after Trump tariffs
Trade tensions could fuel further drop in asset prices – IMF
Global financial stability report also calls out highly leveraged non-banks
IMF says supervisors need to be mindful of geopolitical risks
Shock events cause sizeable swings in asset pricing, institution’s latest report highlights
IMF agrees $20 billion loan deal with Argentina
Fund disburses $12 billion immediately as BCRA moves currency regime to managed float
BCRA renews $5 billion currency swap with PBoC
Argentina gets reserves boost, with new IMF deal expected to be finalised over coming days
Central Banking Awards 2025: third group of winners released
Paraguay recognised for market infrastructure and IMF for work on AI, as green and FMI awards also unveiled