Central Banking
Serbia rules out further easing for now
Central bank says previous rate cuts have yet to make full impact
Moldova makes surprise 200bp hike
Energy prices spur up Moldovan inflation prompting unscheduled meeting
Trade wars could cost world $6.5tn by 2030 – Swift study
Fragmented financial landscape “benefits no one”, report shows
The UK is not suffering another Truss shock
The increase in gilt yields is a long way from the turmoil of 2022, writes Jagjit Chadha. But it does highlight flaws in the use of fiscal rules
Mainland China and Hong Kong deepen financial ties
PBoC and HKMA announce new measures to promote renminbi use
Central bank watch: watchful and wary easing ahead
Franklin Templeton assesses the monetary policy outlook for the Group of 10 central banks, as well as China and South Korea, as 2025 begins
Danish kroner coins to be minted in Spain until 2029
National Bank of Denmark heads south ahead of Finnish mint’s impending closure
Fed’s anecdotal survey correlates with economic data – research
Study says Beige Book’s “soft” data is “actually quite firm”
Banxico board uncertain on pace of easing, minutes reveal
Members had differing views on inflation dynamics and effects of tariffs in December meeting
PBoC suspends government bond purchases
China's central bank moves after “persistent excess demand” causes yields to hit record lows
IMF tells Kenya to step up regulation of crypto market
Authorities will need to better understand digital assets market before changing policy, report says
Hungary’s central bank to maintain active green programme
MNB to offset 2024 carbon footprint with 36 hectare nature restoration
Barr’s Fed exit likely to delay, but not destroy, Basel III
Market risk, op risk and leverage ratio all in the sights of Barr’s potential successors
Fed board members pledge caution in cutting rates
Governors say unemployment and inflation risks are roughly in balance
Banknote provider De La Rue mulls full takeover offer
Edi Truell-backed companies drop bid for 40% stake and go all-in instead
CNB ‘considered’ adding bitcoin to reserves – governor
Governor says central bank could “continue to debate” using cryptocurrency in diversification drive
Central banks must be responsive to commodity price swings – BIS
Risk of transitioning to “high-inflation regime” may require more active policy, bulletin says
Brazil grants Paysafe licence for online gambling market
BCB gives UK-based company green light to operate as payment institution for newly regulated sector
PBoC to issue record amount of bills in Hong Kong
Central bank to auction 60 billion yuan of bills in territory amid weakening renminbi
Bigger cities do not mean much greater growth – study
Benefits of agglomeration are “surprisingly little”, NBER paper argues
BoE’s new research agenda adds focus on balance sheet
Three-year plan responds to inflation surge, market turmoil and changed mandates
PBoC provides further financial support for tech firms
Central bank follows up on previous policy and allocates $13.6 billion through lending facility
Higher tariffs would hurt US allies as well as its foes – research
However, research says country would be largely shielded from impact of geopolitical fragmentation