People
Warsh called for fewer FOMC meetings in July
Minutes show committee agreeing on above-target inflation but disagreeing over AI’s effect on prices
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
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
PBoC reportedly vaulting more gold in Hong Kong
Report comes as city conducts trial run on gold clearing system and aims to become international bullion hub
CNB to create dedicated department to implement AI
Bank builds self-hosted capabilities to ensure data safety, with plans for hybrid solution
Bank Indonesia governor resigns unexpectedly
Central bank cites personal reasons for Perry Warjiyo’s departure as independence concerns mount
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
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
Overnight reverse repos are for managing liquidity, says PBoC
Deputy governor reiterates that seven-day facility still provides benchmark lending rate
MAS heralds progress on cutting carbon emissions
Central bank reports reductions in climate impact across its operations and investment portfolio
Silvana Tenreyro named as IMF chief economist
Former BoE policy-maker has research background in international economics
People: RBNZ appoints assistant governor
BoE names new chief cashier; BSP board members reappointed; Japan designates deputy chair
Supreme Court sides with Cook against Trump
Justices rule that firing her would have given future presidents the right to dismiss Fed governors at will
PBoC designates RMB clearing banks for Indonesia and Africa
Bank of China (Hong Kong), ICBC and Standard Bank to operate services for Chinese currency
Brazil to issue up to $735m worth of panda bonds
PBoC governor welcomes announcement and pledges support to China’s partner in ‘global south’
Russia rates decision shows Nabiullina ‘in a good position’
Analyst says governor’s warning of fiscal policy’s inflationary risks illustrates Putin’s reliance on her
People: New governors in Croatia and Iraq
Ante Žigman takes charge in Zagreb and Nizar Nasser Hussein takes over in Baghdad
Digital euro passes European Parliament’s first hurdle
Economic and monetary committee’s rapporteur says CBDC will ‘never replace’ cash
Obituary: Alan Greenspan, 1926–2026
The crisis-fighting ‘maestro’ admitted there had been a ‘flaw’ in his worldview after the events of 2008
China holds LPRs for 13th consecutive month
Decision comes after governor says ‘slower, more efficient credit growth’ may be new normal
Switzerland and Norway hold, Czech Republic and Moldova hike
SNB says inflation uptick is temporary, while CNB and Norges Bank highlight wage pressures