Central Banks
French riots hurt investor confidence as budget impasse lasts
Deteriorating fiscal outlook and political paralysis unsettle sovereign bond markets
Recent banknote series show increased use of clear windows
Data reveals changing patterns in application of security features
Malaysia and Thailand join MAS digital payments initiative
BoT, BNM and World Bank join MAS project alongside eight private sector players
ECB economists expect food inflation to rebound in 2027
Energy costs and weather are set to reverse a slowdown that began in January
Central banks monitoring global cyber security threat
Security agencies urge organisations to implement immediate updates or take systems offline
Philippines tightens more than expected as inflation bites
BSP expects price growth to remain high next year due to oil prices and El Niño effects
Governor says NBU not under suspicion in police raid
Bank also rejects reports that Andriy Pyshnyy had submitted his resignation
Central banks remove over 40,000 fake notes on average
Most counterfeited banknotes detected in series issued from 2015–2020
BoK delivers hawkish hold
Shin says previous hikes provided room for pause, though tightening would continue amid heightened inflation
Sarb’s fast payment platform ‘far from ubiquitous’ – governor
Pricing and lack of public awareness among factors limiting adoption of PayShap
Rising advanced economy debt will push up rates in emerging markets
Rising public debt burdens are spilling across borders, and the effect may become stronger, say Carlos Arteta, Steve Kamin and Franz Ulrich Ruch
UK inflation comes in higher than expected
Markets’ reaction muted so far, as government prepares to announce budget on October 28
Former MNB governor detained in co-ordinated police action
Prosecution service detains György Matolcsy on suspicion of breach of trust causing financial loss
BI holds following downgrade for Indonesian equities market
Central bank leaves benchmark at 5.75% in fourth consecutive rate hold
Central bank heads agree on consensus, but reject groupthink
French, Nigerian and Swiss chiefs discuss their diverse approaches to monetary policy decision making
Rethinking the narrative on cash
Antti Heinonen explores recent developments of cash that go against the prevailing narrative
RBNZ chief economist values greater freedom to share policy views
Paul Conway also says central bank flexible about potential mandate change
Former Richmond Fed chief to oppose discount window reform
Counting unused capacity towards prudential requirements would be ‘unwise’, Lacker will argue
Google Cloud outage causes disruption across UK banks
Barclays, Bank of Scotland, HSBC, Lloyds and Revolut customers among those reporting problems
Holding limits could support CBDC adoption – ECB study
High threshold, plus reverse waterfall functionality, could mitigate stability risks, researchers say
Volume of damaged notes withdrawn from circulation increases
Frequency of official fitness tests tends to have bearing on removals