Central Banking
IMF paper draws lessons from Sri Lanka’s debt restructuring
Country sought to negotiate simultaneously with array of creditors, while executing reform plan
PBoC accelerates offshore bond market expansion
Yuan is attractive diversifier amid trade and political tensions, deputy governor says
Central Europe’s central banks hold rates
Switzerland, Czech Republic and Hungary keep policy steady
Trump’s shadow looms over review of regional Fed heads
Experts say president could use process to further erode bank’s independence
Ex-BCRA governor: Argentina was not ready for volatility
But tax exemption on exports and US support have bought Milei time until October poll, says Redrado
Fiscal dominance: are central banks about to be Trumped?
Jagjit Chadha highlights the danger of an ‘upper bound’ on interest rates as fiscal strains grow
ASX risk management still not up to scratch, says RBA
Australian central bank says exchange has “considerable work to do” after Chess settlement incident
Powell and Bowman diverge on tariff and price risks
Fed chair and vice-chair for supervision both express concern for labour market
Kazakhstan launches tenge-pegged stablecoin pilot
Project is latest initiative to integrate digital assets into country’s financial system
Nigeria lowers rates after three-year hiking cycle
Central bank says disinflation gives it room for cuts to support economic recovery
Europeans flock to cash during times of crisis – ECB research
Study highlights hard currency’s role as ‘spare’ tyre in payments system
BoE chief economist says slowing QT risks bank’s independence
Financial stability operations should tame any future gilt market dysfunction, says Huw Pill
Riksbank’s Breman chosen to head RBNZ
New Zealand central bank’s first female governor recruited from Sweden following Orr debacle
Miran praises tariffs, deportations and deregulation
Trump appointee says interest rates should be 200bp lower in first speech as governor
Riksbank cuts rates, teases end to QT in December
Swedish central bank says uptick in inflation is transitory
Weak dollar mitigated April tariff shocks – BIS’s Maechler
Greenback’s depreciation boosts risk appetite and lowers import costs, deputy general manager says
IMF study outlines ‘optimal policy’ for tokenisation
Researchers recommend interoperability mandates and public-private cost-sharing
NBER paper explores drivers of collateral prepositioning
Authors ask why US banks choose not to pledge all their available collateral at the Fed
Eurozone consumers shifted habits after tariffs – ECB survey
More financially literate citizens stopped buying US goods, consumer expectations survey shows
Trump ally nominated as IMF first deputy managing director
Dan Katz has ties to US Treasury secretary Scott Bessent and former BoE governor Mervyn King
China leaves benchmark lending rates unchanged
One- and five-year LPRs held steady as PBoC conducts 14-day reverse repo operations before holiday
People: Head of Bank of Mauritius to step down
Plus: Ethiopia appoints governor and EBA chair announces departure
BoE proposes reducing data reporting requirements for banks
UK central bank to phase out EU-era regulations in drive to reduce lenders’ admin costs
Central bankers’ compromised immunity
Just how much legal protection should officials have from spurious lawsuits or wrongful dismissal?