Central Banks
US ‘bearing large share’ of tariff costs – NBER paper
Authors find pass-through is nearly 100% and is reshaping how country trades
BoT details efforts to curb gold-related FX volatility
Financial institutions given new timeframe to verify gold transactions, with further measures planned
Bulgaria becomes 21st member of the eurozone
Joining currency bloc is a “sign of belonging”, says governor Radev, as peers offer welcome
Iran replaces central bank governor amid mass protests
Abdolnasser Hemmati becomes monetary chief for second time as street demonstrations continue
Cross-Benchmarks Staffing Report 2025: tackling shortages
Benchmarking data and central bank comments point to bottlenecks, but HR teams are taking action
Renato Gomes on Pix, Drex and digital asset regulation
Brazil’s deputy governor speaks with Christopher Jeffery about pros and pitfalls of open finance, financial inclusion and crime on Pix, and the need to sideline DLT for Drex phase 3
Building the future of central banking by investing in people and technology
Technological upgrades focused on data mark the beginning of a digital transformation journey and AI adoption, not the end
Winds of change 2026: managing opportunities
Shifts in monetary and fiscal policy are reshaping fixed income markets
Winds of change 2026: managing opportunities
Shifts in monetary and fiscal policy are reshaping fixed income markets
2025: The year in central banking
A look back at the biggest and most popular stories of the year
Scenario analysis difficult to get right, say BoE watchers
Economists welcome attempt to convey uncertainty but criticise aspects of central bank’s reforms
EMs gain less from GenAI adoption than AEs – BIS study
Service economies with strong digital and legal frameworks best placed to benefit from AI
China launches ‘credit repair’ scheme to boost lending
Overdue personal debt of up to 10,000 yuan to be removed from database if debtor repays by March
Dollarisation tends to come in waves – Fed researchers
Authors say the euro once may have been a rival to the dollar
People: Lepushynskyi named NBU deputy
Plus: Grym gets new BoF role and Finma appoints insurance head
Russia makes 50bp cut, citing falling inflation
Central bank says pro-inflationary risks are still greater than disinflationary ones
Central Bank of Hungary to exhibit art collection
Works currently held in storage or on bank premises will be displayed in museums, governor says
Book notes: Money in crisis, by Ignazio Angeloni and Daniel Gros
This book should be essential reading for policy-makers at a time of uncertainty and technological change