Lula Names Three Central Bank Directors as Key Rate Rises
Brazil President Luiz Inacio Lula da Silva nominated three new central bank board members on Friday as investors pressure for ...
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...
Russia’s ruble is still worth less than a penny, and the Kremlin’s piggy bank for propping it up is running low
Russia's sovereign wealth fund has been tapped repeatedly to prop up the ruble, leaving the Kremlin with less firepower to ...
South Korea's central bank cuts key interest rate to nurse a slower economy
South Korea’s central bank lowered its key policy rate for a second straight month and said the country’s economy will grow ...
China central bank conducts 800 bln yuan of outright reverse repos in Nov
China's central bank said on Friday it conducted 800 billion yuan ($110.59 billion) of outright reverse repos in November.
South African Central Bank Sounds Alarm Over Poor Infrastructure
South Africa’s central bank warned the country’s crumbling infrastructure, including its water systems and transport networks ...
The impact of central bank digital currencies on traditional banking: A crypto perspective
Central bank digital currencies (CBDCs) could change the face of traditional banking and challenge cryptocurrencies.
China's central bank keeps medium-term loan rate unchanged amid yuan weakness
The People's Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) ...
New Zealand’s Central Bank on Track to Deliver More Outsized Rate Cuts
The Reserve Bank of New Zealand appears set to continue delivering outsized interest-rate cuts in 2025 as inflation appears ...
Inflation rose to 2.3% in Europe. That won’t stop the central bank from cutting interest rates
Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from ...
Australian central bank reform adds new wrinkle to policy outlook
Australia's central bank is finally getting a major shake-up of its policy-making process that adds extra uncertainty to when ...
New Zealand’s Central Bank Slashes Rates Again to Revive Stalled Economy
The Reserve Bank of New Zealand slashed interest rates, extending its campaign to restore momentum to the country’s stalled ...