People
Foreign central banks can soon repo Chinese bonds, PBoC says
Experts say move is likely to increase monetary authorities’ demand for Chinese debt
Barry Eichengreen on the evolution of the global monetary order
The US monetary expert speaks to Thomas Chow about similarities between the dollar and 18th century Dutch money and why Washington has bet on the ‘wrong horse’ with private stablecoins
Jim Bullard on Kevin Warsh’s first FOMC and Fed independence
The Federal Reserve veteran speaks with Christopher Jeffery about Iran and the US economy, the ‘good' AI bubble, cutting the Fed’s balance sheet and staff, and the need to clarify swap rules and recapitalise the regional Feds
Zoltán Kurali on Hungary’s reserves strategy and euro adoption
Deputy governor speaks about portfolio positioning amidst geopolitical volatility, AI, CBDC and the future of the forint
Domestic growth unlikely even if Germany wins World Cup – Nagel
Bundesbank president says momentum will pick up by 2028 and calls for further deregulation
Norges Bank says third of crypto owners had ‘negative’ experience
Biannual survey shows most Norwegians have never heard of DeFi or stablecoins
Orbán ordered Ukrainian gold and cash seizure – report
Investigation suggests Hungary’s ex-premier sought to use bank assets as bargaining chip for oil
Euro ‘more appealing’ for both invoicing and reserves, ECB finds
Bank’s annual report on currency’s use draws on findings from Central Banking’s benchmarking
Central Bank of Nigeria announces high-level reshuffle
Four deputy governors take on new portfolios
Remote working drove US youth unemployment – NY Fed study
Economists say uptick in joblessness among US graduates predates spread of AI
China and Serbia triple size of swap line
Serbian governor says swap line represents ‘iron friendship’ with China
French lawmakers confirm Moulin as next BdF governor
Villeroy de Galhau’s successor opens door to greener policies, throws support behind digital euro
BoJ’s Himino: Stablecoins strengthen dollar privilege
Deputy governor calls for ‘holistic’ system involving stablecoins, CBDCs, tokenisation and cash
People: DNB governor to chair NGFS
Plus: Sarb appoints new chief economist and Belgium’s queen visits CBRT in Istanbul
Busting Mythos: how Europe is responding to the latest AI model
Experts emphasise heightened importance of focusing on basics
Bulgarian lessons from entering the eurozone
Sofia’s uneasy membership in the currency bloc, five months in
Gourinchas to step down as IMF chief economist
Research department head is returning to academia
Cash needed for resilience, say eurozone central banks
Institutions from Austria, Germany and Spain outline why hard currency remains key
DoJ drops Powell probe, clearing way for Warsh
U-turn comes after Thom Tillis doubled down on threat to block president’s chosen successor
Can Banrep survive schism with government?
Finance minister’s withdrawal from board could prevent next two rate decisions from going ahead
PBoC deputy says Iran war has worsened EMEs’ debt burden
Xuan Changneng calls for better global sovereign debt frameworks
Latest AI models, such as Mythos, pose new cyber risks – Nagel
Bundesbank president underlines large language models’ high costs and tendency to hallucinate
People: Bank of Greece approves new term for governor
Plus: change at the top in Vietnam, new general counsel at Netherlands Bank
PBoC leaves loan prime rates unchanged for eleventh month
Widely expected move comes after Pan reiterates ‘moderately loose’ policy stance