The Reserve Bank of India said in a statement after its three-day policy meeting that it had lowered the rate to 5.25% by a unanimous vote of its board members. RBI governor Sanjay Malhotra said it ...
The digital euro project may reopen the debate about whether Sweden should introduce its own central bank digital currency ...
The UK central bank today (December 4) announced its second ever system-wide exploratory scenario (Swes), which will focus on markets where non-bank institutions invest in businesses via private ...
Central bank money will remain the “anchor” of the global monetary system, regardless of the development of stablecoins, tokenised deposits or other payments innovations, the governor of Taiwan’s ...
Nigeria’s central bank is to introduce fees for cash withdrawals above a certain limit, while lifting limits on the amounts customers can deposit at the country’s lenders.
US bank lobbyists are hoping a consultation on reform of the Federal Reserve’s stress-testing framework could herald the end of the global market shock (GMS) scenario. Banks argue that this component ...
Non-bank financial intermediaries (NBFIs) may affect monetary policy transmission as the sector grows, a member of the ...
Risk.net, FX Markets.com, WatersTechnology.com, Central Banking.com, PostOnline.co.uk, InsuranceAge.co.uk, RiskTechForum.com ...
In a legal opinion published on December 2, the ECB wrote that the treaties governing the monetary union prohibit monetary financing. It added that “in the absence of any explanation as to the purpose ...
Federal Reserve governor Michelle Bowman and acting chair of the Federal Deposit Insurance Corporation (FDIC) Travis Hill ...
The paper, published on December 2, finds that in countries where insurers hold more domestic bonds, the firms tend to dump a ...
The latest BIS bulletin, published on December 2, notes that hedge funds’ use of leveraged trading strategies has led regulators to come up with potential responses, such as imposing minimum haircuts ...