Geopolitics
Central Bank of Brazil delays crypto transfers to fight fraud
Latin America’s largest economy targets stablecoins after Trump’s tariffs against Pix
Mexico and Nicaragua hold interest rates
Banxico revises upwards its forecast for hitting 3% inflation target; while Nicaragua expects inflation to remain “low and stable”
ECB succession race: Netherlands throws weight behind Knot
Former DNB governor receives official backing
Eurozone banks get reality check after ECB geopolitical stress test
Financial institutions struggling to embed geopolitical risks into resilience testing, ECB says
South Korea to resume gold buying and may vault domestically
BoK’s reserves head cites geopolitical risks as motivator for institutional gold purchasing
‘Hybrid’ regimes more exposed to sanctions – BdF study
Measures more likely to succeed against authoritarian states with an element of democratisation
Bank of England keeps rates at 3.75%
Split 6–3 decision points to divisions over inflation outlook amid escalation of Iran war
Chile holds rates for fifth time amid Iran war escalation
Policy-makers inject caution into statement as conflict intensifies, analysts say
Bank Indonesia governor resigns unexpectedly
Central bank cites personal reasons for Perry Warjiyo’s departure as independence concerns mount
Implications of the 2026 Middle East war
Gavin Bingham, Paul Fisher and Andrew Large detail the monetary policy, financial stability and international co-operation challenges for central banks
Paraguay holds rates while Costa Rica cuts by quarter point
Both central banks face below-target inflation despite global energy price shock
Asia-Pacific central banks say AI risks require ‘vigilance, agility’
MAS and BoT also sign anti-fraud MoU on sidelines of meeting involving 11 monetary authorities
Ghana holds rates for second time this year
‘Vigilance is the word’ amid heightened geopolitical tensions, says governor
Geopolitical risks cause eurozone banks to tighten credit
ECB’s quarterly survey shows lenders alert to continued instability resulting from Iran war
Jasmina Selimović on managing Europe’s last currency board
The Central Bank of Bosnia and Herzegovina governor speaks about building resilience to counter geoeconomic shocks, strengthening reforms amid EU convergence, addressing stablecoin and NBFI risks, Sepa integration, and capacity building.
BoE’s scenarios are best way forward, say ex-MPC members
Former UK policy-makers say forecasting approach is suited to today’s highly uncertain times
Odean White on cyber, natural disasters and geopolitical risks
Bank of Jamaica’s chief risk officer discusses weather event contingency planning, the impact of ‘shocks’ on policy, being proactive on quantum, and countering phishing and AI-enabled attacks
Vanuatu holds rates and forecasts continued economic recovery
Pacific island nation’s central bank says reconstruction efforts, tourism, to drive economy
Uruguay holds rates at 5.75% for third time in a row
BCU says there is no evidence of significant second-round effects from energy supply shock
AI poses risk to global financial stability – RBI
Technological disruption and geopolitical fragmentation are reshaping financial system, says governor
Elizabeth McCaul on the need for resilience in cyber security
Former ECB official explains why response preparedness is more important than predicting attacks
Jamaica holds rates at 5.5%
Central bank expects headline and core inflation to breach upper range of its 4–6% target
Hong Kong scales up in bid to attract central bank gold
Financial bureau chief targets Asian institutions to bolster gold storage to 2,000 tonnes, use new trading and central clearing services plus links to China, amid sovereign immunity concerns