Central Banking
AI ‘not there yet’ for reserve management, panellists say
Managers say new technology helps with some analysis but risks remain
Monetary policy faces new era of complexity – Bosnian governor
Selimović urges rethink of central banking amid constant disruption and uncertainty
Bottom-up approach crucial when adopting AI – panel
Central banks must engage end users when implementing new technology, officials say
IMF’s Adrian highlights GaR’s value in scenario analysis
Chief financial counsellor tells Summer Meetings of motivation in developing award-winning framework
BoK expresses ‘grave concern’ over Korean economy
Governor says stimulus needed, but cautions against expecting too much from rate cuts
Liquidity is king for risk and reserve managers – panel
Short-term market moves cannot determine asset allocation, central bankers say
Central Banking Awards 2025 ceremony honours shining stars
Oscars of central banking recognise excellence in the community
Capping interchange fees would benefit cash and card users – Fed study
Authors say limit on payment card charges would be advantageous for both customers and merchants
Central banks looking to re-orient to euro from US dollar – panel
“Geopolitics is here to stay”, reserve managers say, as “very gradual” de-dollarisation continues
Acting US currency comptroller defends pre-emption
Hood says principle is in line with federal law and court precedent
Central banks use ‘hackathons’ to promote innovation
Key risks from AI paradigm shift will be reputational, panellists say
Central bankers discuss policy-making amid high uncertainty
Flexibility, caution and financial stability analysis can support monetary policy, panellists say
Innovation must not erode basics of money – BoT governor
Digital tokens untethered to central banks are not the future of money, claims Sethaput
RBNZ says funding dispute triggered Orr’s resignation
Bank says ex-governor felt five-year financing package was “considerably” below what was necessary
ECB to move to ‘hybrid’ balance sheet model – Finland’s Välimäki
Bank of Finland board member heralds “new dawn” of Eurosystem monetary policy implementation
Rule of law of ‘highest relevance’ for central banks – Elderson
Economic growth requires institutional independence and strong legal framework, ECB board member says
Argentina gets reserve boost with $2 billion repo deal
BCRA also introduces measures to strengthen control over money supply
Political party calls on BoE to stop paying interest on banks’ reserves
Former bank official says Reform UK’s proposal would amount to unacceptable “breach of faith”
Quarles to lead review of FSB monitoring
Appointment of former Fed vice-chair reflects shift in focus for global body
Digital yen must be as robust as cash – BoJ deputy governor
Uchida says Japanese CBDC will need to retain public trust to same degree as notes and coins
BoE makes subtle leverage snipe at CCP cross-margining
Margin offsets might increase risk, but could also encourage more central clearing
Russia’s rates cut does not presage shift in stance
Experts say central bank remains alert to inflation risks and will maintain ultra-restrictive policy
MREL cut must be paired with more external funding – BIS’s Restoy
Reforms to resolution regime might appear technical but entail political choices, FSI chair argues
UK regulator backtracks over ban on retail crypto trading
FCA wants to allow investment in trading notes it had previously deemed harmful