Growth
Russia has limited room for manoeuvre on policy – experts
Rate cut reflects nervousness rather than confidence about inflation and growth trajectory, say analysts
Full ‘postmortem’ on QE yet to be written – Klaas Knot
Former DNB governor expects Fed to continue international monetary diplomacy under Warsh
MAS says support for IMF’s anti-poverty work aids stability
Central bank to provide $36.9m to aid fund’s work in Sudan and other underdeveloped countries
HKMA wants lenders to accelerate post-quantum planning
De facto central bank to unveil preparedness index, among other future-proofing tech initiatives
MAS holds policy while warning of potential AI-related shocks
Singapore’s central bank increases inflation estimates and predicts resilient growth
Sveriges Riksbank holds rates, signals longer-term pause
Swedish economy continues to grow, despite ‘dramatic’ geopolitical developments, bank says
EU cannot fully disconnect from US, say Nagel and Kocher
German and Austrian governors say bloc can take steps to gain more sovereignty
Bank of Ghana slashes rates by 250bp
Institution says fiscal consolidation and plummeting inflation justified additional easing
Fed risks president’s ire by holding rates
Experts say decision was obvious way to go, given US labour market and inflation figures
EU should ‘roll up its sleeves’ against China and US – BdF head
Villeroy de Galhau says Europe has ‘many cards to play’ in geopolitical game
ECB and ESRB warn of financial stability risk from geopolitics
New model takes prediction data to show US domestic politics affecting eurozone financial markets
BNM holds policy and points to positive economic outlook
Malaysian central bank keeps rates at 2.75% and expects domestic growth momentum to continue
BI holds rates amid renewed concerns over its independence
Indonesian central bank says keeping rates at 4.75% will stabilise rupiah and encourage growth
Legal threat to Fed accelerates Asean+3 contingency planning
AMRO chief economist says central bank independence of paramount importance for stability
China leaves benchmark lending rates unchanged
One-year LPR stays at 3% and five-year rate remains at 3.5% following easing via structural tools
Tech-driven global growth vulnerable to shocks, IMF warns
Sharp market corrections could ensue if productivity gains from AI do not meet expectations
China’s interest-bearing CBDC a world first, experts say
E-CNY now more integrated with commercial banking, thus solidifying country’s two-tier system
BoE to ‘streamline’ supervision as part of growth push
PRA has been easing some regulations as government looks to cut cost of compliance
China cuts lending rate for some sectors and flags room for more
PBoC deputy announces 25bp cuts to lending rate for agriculture sector, small businesses and others
Book notes: The London Consensus, by Tim Besley, Irene Bucelli and Andrés Velasco
The authors set out guidelines to address shortcomings linked to the Washington consensus, but implementation will be a challenge
RBA deputy says events in Venezuela point to age of extremes
Hauser says 2026 likely to be marked by high uncertainty and potentially benign outcomes