Central Banking

European banks resilient to shocks, EBA says after test - Central Banking Lenders’ greatest vulnerability is credit risk but they can withstand adverse scenarios, regulator says

Stress test shows European banks are resilient, EBA says www.centralbanking.com/central-bank...

Attempt to make FOMC meetings public was frivolous – experts - Central Banking Legal action by Trump ally was ill-founded and, if successful, would have hampered discussion

Suit trying to make FOMC meetings public would have been detrimental, say experts www.centralbanking.com/central-bank...

ECB looks to cut carbon via business travel - Central Banking Bank says its footprint remains “well on track” to reach 46.2% reduction in emissions by 2030

ECB tells staff to use green transport when travelling to certain cities www.centralbanking.com/central-bank...

Colombia’s unexpected rate hold draws fire from president - Central Banking Policy maintained at 9.25% could mean fewer or no rate cuts in upcoming meetings, analysts say

Colombia’s president hits out as Banrep holds policy rates www.centralbanking.com/central-bank...

HKMA stablecoin regulations take effect amid ‘market euphoria’ - Central Banking Markets eye further gains as Hong Kong’s de facto central bank tries to damp down ‘bubble-like trend’

HKMA sets cautious tone amid stablecoin hype www.centralbanking.com/central-bank...

Brazil holds rates amid tariff threats and Trump-Lula feud - Central Banking Potential 50% levies from US reinforce “cautious stance”, BCB says

Brazil holds Selic rate at 15% www.centralbanking.com/central-bank...

Ghana’s 300bp rate cut is largest in its history - Central Banking Governor signals further easing as inflation cools to lowest level since 2021

Ghana makes its biggest rate cut ever www.centralbanking.com/central-bank...

BoJ holds policy and ups inflation expectations - Central Banking Japan’s central bank says growth likely to slow then pick up again after tariffs’ effects diminish

Japan holds rate www.centralbanking.com/central-bank...

Bank of Canada holds rates as core inflation heats up - Central Banking Governor points to tariffs, but economist highlights “mystery” of core metric’s divergence from headline measure

Canada holds rates www.centralbanking.com/central-bank...

Fed holds rates, despite pressure from White House - Central Banking Experts say stance is in response to Trump’s trade policies and lament his attacks on central bank

Fed holds rates www.centralbanking.com/central-bank...

Financial technologies are increasing AML/CFT risks – EBA - Central Banking Crypto increasingly used to facilitate crime, while fintech firms prioritise “growth over compliance”

Financial technologies are enabling higher rates of money laundering and terrorism financing, warns EBA www.centralbanking.com/central-bank...

Chile cuts rates for first time this year - Central Banking Central bank says more easing to come as US tariff threats on copper complicate outlook

Chile cuts rates www.centralbanking.com/central-bank...

Cambodia tells lenders to offer relief for borrowers - Central Banking Central bank’s instructions relate to soldiers and people displaced by fighting along Thai border

Cambodia directs lenders to relieve debt burden on those affected by fighting on the border with Thailand www.centralbanking.com/central-bank...

Singapore maintains policy after two periods of easing - Central Banking MAS says Q2 growth stronger than expected but trade likely to slow in second half of 2025

Singapore keeps policy steady www.centralbanking.com/central-bank...

ECB’s staff committee accuses Lagarde not abiding by the principles she recently professed to hold dear www.centralbanking.com/central-bank...

Kyrgyzstan tightens policy for first time in more than a year - Central Banking Central bank raises rates by 25bp to keep inflation in check amid tariff uncertainties

Kyrgyzstan’s central bank raises benchmark lending rate by 25bp to 9.25%
www.centralbanking.com/central-bank...

HKMA to cut budget and freeze headcount – media report - Central Banking De facto central bank could be latest to join belt-tightening campaign by Hong Kong institutions

Hong Kong media reports HKMA to join territory’s cost-cutting efforts www.centralbanking.com/central-bank...

BNM cuts growth forecast due to tariff uncertainty - Central Banking However, Malaysia’s central bank says economy is on “strong footing” amid threat of 25% US levy

Malaysia’s central bank cuts growth forecasts www.centralbanking.com/central-bank...

Thai central bank issues debt-relief measures for conflict zone - Central Banking BoT warns says hostilities may make repayments even harder in country with high household debt levels

Bank of Thailand relaxes lending rules along border with Cambodia www.centralbanking.com/central-bank...

Book notes: Making money work: how to rewrite the rules of our financial system, by Matt Sekerke and Steve H Hanke - Central Banking This book provides a critique of the post-crisis monetary and financial system, proposing changes that deserve to be broadly read

‘Making money work’, by Matt Sekerke & Steve H Hanke, asks a question that needs to be asked: what’s wrong with this picture?
www.centralbanking.com/central-bank...

Powell fact-checks Trump during tour of Fed building - Central Banking Central bank chair rebuts claim that renovation was $600 million higher than previously reported

Powell fact-checks Trump during Fed visit www.centralbanking.com/central-bank...

Russia cuts rates by 200bp, citing moderation in inflation - Central Banking Experts say central bank waited until expectations had moderated and cut may support country’s lenders

Russia central bank says monetary policy will remain “as tight as necessary” to hit 4% inflation target by next year
www.centralbanking.com/central-bank...

RBA governor praises Fed’s independence following Trump’s attacks - Central Banking Bullock says US central bank is “doing what it’s supposed to be doing”

RBA governor Bullock: the US Fed’s currently “preserving their independence in the way they think is appropriate”
www.centralbanking.com/central-bank...

Turkey cuts for first time since March’s political turmoil - Central Banking CBRT reduces rates by 300bp to 43% and vows to maintain “tight” policy stance

Turkish central bank says its “tight monetary policy stance … will be maintained until price stability is achieved”
www.centralbanking.com/central-bank...

European Central Bank pauses rate-cutting campaign - Central Banking ECB considers strengthening eurozone economy to be “crucial” in face of geopolitical challenges

ECB holds rates www.centralbanking.com/central-bank...

New Zealand expects continued easing amid trade uncertainties - Central Banking RBNZ chief economist says tariff uncertainty likely to slow inflation and growth

New Zealand’s policy rate expected to decline further because of global trade uncertainties www.centralbanking.com/central-bank...

Consolidation likely among Nigerian lenders – analyst - Central Banking Small lenders unlikely to meet CBN’s recapitalisation demands, says investment bank’s research head

Observers are expecting further consolidation in Nigeria’s banking sector www.centralbanking.com/central-bank...

HKMA chief tries to temper stablecoin expectations - Central Banking Yue says territory’s regulations will be tight and short-term profitability for first issuers is not guaranteed

HKMA’s Yue seeks to moderate stablecoin expectations www.centralbanking.com/central-bank...

Sri Lanka holds rate as US tariffs loom - Central Banking Central bank keeps policy rate at 7.75% amid domestic economic and global trade uncertainties

Sri Lanka holds policy rate www.centralbanking.com/central-bank...

Hungary holds rates for 10th consecutive time - Central Banking Economy continues to stagnate despite rising household lending

Hungary holds rates www.centralbanking.com/central-bank...