Labour
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
Waller steps up to the plate with rationale for rate setting
Fed governor compares himself to baseball umpire and says data will determine his next FOMC vote
Bank of Canada extends rate hold as trade war intensifies
Macklem says surprise uptick in growth is fragile thanks to new US tariffs and high petrol prices
Warsh declines to outline Fed’s reaction function
Chair tells Jackson Hole that ‘humble, never naïve’ approach will work and assesses US economy
Warsh called for fewer FOMC meetings in July
Minutes show committee agreeing on above-target inflation but disagreeing over AI’s effect on prices
Fresh graduates’ job market perception worsened by 23% in 2025 – ECB
Research points to slowing growth in knowledge-intensive services to explain otherwise ‘cyclical’ effect
Czech National Bank holds rates
Board votes to keep policy rate at 3.75%, citing assessment phase
Unclear whether AI will reduce or heighten inequality – Barr
Fed governor’s caution contrasts with Warsh’s more bullish stance
Switzerland and Norway hold, Czech Republic and Moldova hike
SNB says inflation uptick is temporary, while CNB and Norges Bank highlight wage pressures
ECB hikes by 25bp as eurozone inflation takes off
Staff projections foresee higher price growth followed by downward revision over coming two years
RBA flags risks posed by ‘acute’ geopolitical shocks
Australian central bank outlines short-term threats such as conflicts, sanctions and blockades
Iceland could join euro even during a crisis – ECB’s Vujčić
BoE’s Mann also highlights pros and cons of country’s accession at currency conference
AI will transform growth and employment structure – Bailey
The question is when and how this will happen, BoE governor says
Book notes: The art of monetary policy, by Kristin Forbes
The message that effective monetary policy-making requires judgement, flexibility and realism alongside technical expertise is both persuasive and highly relevant
Iceland hikes by 25bp, citing rising expectations
Economic outlook deteriorates as energy prices rise and domestic wage pressures persist
Former RBA officials say budget offers no inflation relief
Economists say Australian spending plans will create modest fiscal expansion with some upside risk
Politics and finance threaten independence – Schnabel
ECB board member says fiscal woes and deregulation may make central banks’ jobs impossible
Norway and Moldova are first in Europe to hike rates on Iran war
Norges Bank cites broad inflation concerns, but Moldova points to conflict-induced energy spike
ECB holds and faces dilemma of whether to hike in June
Lagarde says direction is ‘clear’ as Iran conflict worsens outlook for inflation and growth
Global AI imbalances expected to hit emerging markets hardest
IMF’s Bo Li and Anthropic’s economics head discuss social protection on panel
Icelandic governor issues call to moderate wage demands
Central bank chief says country’s persistently high inflation can only be tackled through collective effort