Central Banking
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
RBI unveils exclusive internet domains for banks and non-banks
Central bank also proposes additional authentication factors for cross-border payments
Zambia raises rates amid persistently high inflation
Central bank does not expect 6–8% target to be reached until at least 2027
BoJ governor: food inflation in Japan may not be temporary
Ueda’s comments mark slight change from previous statements that supply factors would dissipate
Trump, the Fed and climate’s undeniable systemic risk
Experts disagree on the impact of the Fed’s withdrawal from the NGFS but are united about climate change’s devastating effect on the financial system
European politicians clash over ECB review, climate, digital euro
Report on bank’s performance critiques climate mandate, loss of purchasing power
Trump orders US Treasury to stop minting pennies
President says coins cost too much but activists blame US Mint’s accounting
Bigger rate cut would have sent clearer signal, says BoE dissenter
MPC member says UK’s economic outlook would have justified 50bp reduction
Key lessons from 15 years of macro-prudential policy
Pedro Duarte Neves reviews how macro-prudential tools can be used for maximum effect
Norges Bank considers joining T2
Norwegian central bank says it anticipates deal could be reached this year
Bank of England wants dynamic Emir for UK clearing houses
Review won’t just photocopy EU legislation, as BoE seeks to make rules simpler and adaptable
Bitcoin remarks ‘a surprise to CNB staff’ – source
Concern that planned asset allocation review is just “cover-up to push through crypto”