Euro
Relying on ECB to fight inflation ‘no longer viable’ – paper
Researchers argue EU should co-ordinate with central bank to tackle ‘shockflation’
Kosovo joins ECB’s enhanced repo facility
National central bank says inclusion provides ‘additional layer of resilience’ for financial system
Middle East conflict will prolong inflation shock, Lagarde says
ECB chief warns AI is also driving long-term funding costs for governments
MNB governor signals cautious optimism over euro adoption
Hungary has to overcome ‘pessimism’ if it wants to join currency union, says Varga
ECB implements second 25bp hike of year
Bank says second-round effects have yet to show up in wage data as energy inflation spikes to 14.2%
Lagarde and Nagel make renewed calls for European unity
ECB and Bundesbank presidents say continent risks losing ground without further markets integration
Europe’s growth obstacles are of ‘our own making’, Elderson says
ECB board member warns diverging national interests may hurt continent’s future
US dollar continues to dominate central bank FX reserves
Nearly all central banks hold dollars, but emerging market reserve managers have the highest allocations
Schnabel could leave ECB early to join IMF – German media
Germany may find itself without representative on bank’s governing board
Higher global yields complicate ECB’s position, Nagel says
Bundesbank president says inflation too high, and backs eurozone-wide debt earmarked for defence
Will Kevin Warsh’s communications gambit pay off?
Fed chair believes less is more with comms, but experts say time is ticking on his credibility
Hungary cuts rates as inflation hits lowest level in nearly a decade
Monetary policy council votes to reduce base rate to 5.5%, extending easing cycle
Visa joins MAS’s Bloom
Payments router announces participation in multi-currency tokenised deposit and stablecoin project
Three veterans join Central Banking advisory board
New members have held top roles in Asia, Europe and the US
Reconsidering the role of money in monetary policy
Euro policy architect Otmar Issing argues that central banks must improve their flawed inflation targeting frameworks
Europe’s main asset in digital race is its size, says Lagarde
ECB president says domestic barriers must be lifted so start-ups can drive innovation
PBoC appoints Deutsche Bank as a renminbi clearing bank for Europe
China’s central bank reiterates pledge to internationalise RMB as part of its five-year plan
Germany sees surge in €100 fakes amid overall counterfeit decline
Deutsche Bundesbank says overall levels of forged money remain low
ECB succession race: Netherlands throws weight behind Knot
Former DNB governor receives official backing
Digital euro would have ‘muted’ effect on banks’ funding – paper
Bundesbank finds that €3,000 holding limit would cause “contained” effects on long-term bank health
Eurozone non-labour income used for saving, not spending – paper
Erosion in financial wealth dragged on consumption, Bank of Italy study finds
EU defence spending boosts growth before inflation – CNB
Financial markets buy into defence equities well before government money has been spent, study finds
MAS tightens ‘very slightly’, saying it will cap inflation
Unexpected move marks central bank’s second consecutive tightening decision
One ledger or eight: the design choice that will shape cross-border money
Two rival tokenised settlement networks have both expanded – mBridge into Macau and Mongolia, Agorá to Canada. The contest between them is not primarily about technology, and not yet about currencies. It is about who keeps the ledger, argues Marcello…