Central Banking
Australia cuts rates for first time since 2020
RBA delivers long-awaited 25bp reduction but says markets are overconfident about further easing
‘Dark’ oil shipping impacts inflation – paper
Research finds nearly 43% of seaborne crude is shipped undercover to evade sanctions
Looming US Basel endgame redraft sparks calls to save IRB
Experts say 20 years of data makes credit risk models more appropriate than standardised approach
EMs resilient to US monetary spillovers, panellists say
Turkish and Thai governors discuss policy challenges at IMF conference in Saudi Arabia
Syria imports banknotes from Russia
Central bank says media reports of amounts involved are ‘exaggerated’
China to focus more on consumption, says PBoC governor
Pan Gongsheng wants domestic demand to be “key driver of growth”
Knot makes case for ‘international monetary diplomacy’
DNB governor says dream of a rules-based international order must be kept alive
Fed researchers unveil more secure payment system model
Byzantine fault tolerant system can process 110,000 transactions per second
Cool heads must guide financial regulation of climate risk
Supervisors can’t simply rely on ‘magical thinking’ of market discipline, says Sergio Scandizzo
US inflation higher or more cyclical at start of year – study
Dallas Fed research says slowing inflation is more encouraging if it takes place in January
Stablecoins can bolster dollar’s international role, says Waller
Fed governor also warns against domestic and international regulatory fragmentation
Bank of Russia holds rates
Inflation ticks up as central bank updates forecast again
China to make use of all monetary tools to boost growth
PBoC flags external volatility and renews pledge to support economy in quarterly report
Quantum computing could help with prudential policies – study
Bank of Italy paper says technology could help central banks simulate stress scenarios for lenders
Rwanda holds rates at 6.5%
Central bank expects inflation to remain within target
Stop calling them ‘CBDCs’, ECB paper argues
Study says the term, and much other crypto terminology, is misleading and should be binned
UK economy vulnerable to Trump tariffs – BoE’s Greene
MPC member says US has outsized financial impact as biggest single-country trading partner
Nigerian central bank to cap fees for ATM withdrawals
Move meant to curb rising costs of withdrawals
ECB could do more to internationalise euro – research
Becoming international lender of last resort, issuing safe assets could improve offshore use
Former Curaçao central bank execs told to repay misappropriated funds
CBCS’s ex-president ordered to pay back more than $1 million
Philippines unexpectedly pauses easing cycle
BSP would have continued cutting if not for “uncertainty over trade policy”, governor says
Lebanese prosecutor asks Trump ally to investigate Salameh
Official writes to president’s Middle East adviser asking for inquiry into BdL’s ex-governor
Powell: ‘We’re close, but not there yet on inflation’
Fed chair also addresses bank independence, climate risk and CBDCs during testimony before Congress
Sanctioned ex-Bank of Russia official takes up IMF role in US
Former deputy governor Ksenia Yudaeva now reportedly working for institution in Washington