Central Banks
Fed watchers welcome court ruling on Powell
However, expert says DoJ’s appeal against decision could thwart Warsh’s confirmation as Fed chair
One in five smaller central banks lacks fining powers
Respondents still widely manage FX reserves and act as lender of last resort
RBNZ responds to lenders’ concerns over cash proposal
Bank acknowledges industry view that prior consultation was lacking
HKMA deputy says credit risks to remain ‘complex’ in 2026
Yuen notes continued pressure on Hong Kong’s commercial real estate market
Peru’s central bank holds rates as inflation picks up
BCRP says bad weather, domestic gas shock and fallout from Middle East conflict will push up prices
Bundesbank gives up on renovating old headquarters
Bank to buy new HQ as renovation and maintenance would have cost too much
Fed’s Bowman outlines imminent changes to US capital rules
Overall framework to remain more robust than previous version, but will aim to eliminate overlaps
BoE takes a walk on the wild side with banknote designs
Public votes to replace historical figures with wildlife, but plans incur backlash from some quarters
More progress needed on cross-border payments – Bailey
BoE governor says G20’s targets for 2027 are unlikely to be met
External events are harming Vietnam’s economy, says SBV
Deputy director for monetary policy cites Iran conflict and other central banks’ ‘unpredictable’ paths
NBU tells banks to avoid Hungary after cash and gold heist
Hungarian government official explicitly ties asset seizure to dispute over stricken oil pipeline
BoT concerned about baht overvaluation, minutes show
February policy meeting discussed need to ‘closely monitor’ currency’s movements
RBNZ to collaborate with industry on financial inclusion MoU
Move follows consultation in which almost all wanted action to improve banking access
Slovak governor downplays odds of ECB rate hike
Kažimír says bank unlikely to react this month, but leaves open option of tightening in April or June
No signs yet of war triggering financial distress, analysts say
Markets have been orderly so far, but picture could change if Strait of Hormuz remains shut
‘Technology intensity’ worsens employment outcomes – study
Authors say jobs more likely to be lost in sectors with large prior investments in robotics and IT
Working group minutes: strengthening crisis management
Maintaining a strong team of resolution experts can be difficult for smaller central banks
ECB reveals longer-term DLT strategy
Bank to focus on building ‘entirely innovative and integrated’ tokenised asset ecosystem
RBI buys bonds as Iran war threatens economic outlook
Economists expect central bank to stay on hold, despite risk of higher inflation and lower growth
DNB to focus on payments system’s resilience and autonomy
Strategy aims to ‘broaden the range of options in the payments landscape’
Pakistan holds rates, citing uncertainty from Iran war
Central bank expects inflation to remain above its 5–7% target