Geopolitics
MNB seeks closer alignment with ECB, lowers inflation target
Monetary policy decisions will also be reduced from 12 to eight each year from 2027
Quarter of central banks adjusted reserves strategy after tariffs
Managers mostly adjusted duration; most change comes from Asia-Pacific
Pacific series: Climate is top issue for Fiji’s governor Ariff Ali
Head of central bank speaks about climate, inclusion, modernisation and vulnerability ahead of his likely retirement next year, following 30 years at institution
Adapting to AI crucial to central banks’ credibility, Panetta says
Bank of Italy governor tells Kyiv conference tech-driven investment will alter inflation
Populism casts long shadow over central bank policy – NBER paper
Countries with history of monetary financing make extra effort to show anti-inflationary credentials
The OeNB’s Martin Kocher on the Eurosystem’s inflation outlook
The Austrian central bank’s governor speaks about ECB succession, forward guidance and eurobonds, as well as lessons from QE losses, access to cash interventions and Austria’s excessive deficit procedure
Rates cannot blunt trade coercion, Krugman tells ECB conference
Nobel laureate says EU’s fix for external shocks lies in industrial, not monetary, policy
BoE holds rates and reveals talks to sell gilts to Treasury
Economists voice concerns over blurred fiscal and monetary policies
Taiwan holds, with inflation expected to fall next year
Central bank says growth exceeded expectations as AI-driven demand continues
Federal Reserve delivers first rate hike since 2023
FOMC expects policy to remain around 4.1% for 2026–27 and inflation to reach 2% by 2029
Ukraine’s ESG lessons from a war zone
NBU governing council member Olena Shcherbakova speaks about how environmental, social and governance rules can be adapted for dual-use and defence requirements
Time to be ‘amateur geopolitical analysts’ – ex-Obama adviser
Lazard CEO Peter Orszag says era of ‘supply side 2.0’ requires cross-disciplinary approach
Geopolitical tensions raising rate hike expectations – BIS
Quarterly review highlights new communication challenges for central banks
Treasury buyback risks a (collateral) chain reaction
Rebalancing of bond tenors could stretch collateral links to breaking point, argues economist
Peru holds as inflation risks from Middle East war loom large
Central bank also cites El Niño climate phenomenon as upside risk to price growth
MNB governor signals cautious optimism over euro adoption
Hungary has to overcome ‘pessimism’ if it wants to join currency union, says Varga
The Fed enters a new epoch
Chair Kevin Warsh takes his first steps to transform the US central bank
Resolution planning needs to be broader and more intense – report
Strengthening capital alone will not prevent bank failures, Bretton Woods Committee finds
Fed’s AML plan may mean ‘inconsistent’ supervision
Industry groups says Fincen should have co-ordinating role
Chile holds amid weak growth and rising inflation
Quarter-point hikes expected in December and March next year, economist says
De-dollarisation no guarantee of EM policy autonomy – study
Sarb paper argues sound domestic fundamentals are more crucial than lowering dollar usage
DNB moves North America-held gold, citing ‘geopolitical unrest’
Dutch central bank insists it has ‘excellent relationships’ with NY Fed and Bank of Canada
Malaysia holds but hints at future tightening
BNM no longer referring to its monetary policy stance as ‘appropriate’
Higher global yields complicate ECB’s position, Nagel says
Bundesbank president says inflation too high, and backs eurozone-wide debt earmarked for defence