News list for "The central bank"
On Thursday, Christine Lagarde, president of the European Central Bank, said preparations for the digital euro, which the ECB sees as a strategic financial instrument, had been completed and were awaiting further approval by government entities. It is expected to be launched in the second half of 2026. "Our goal is to ensure that in the digital age there is a currency that can be a cornerstone of financial stability," Christine Lagarde said. The ECB also called on European Union institutions to ...
Stablecoins could accelerate currency substitution in countries with weak monetary systems, weakening central banks' control over capital flows, the international monetary fund warned on Thursday. The rise of dollar-backed stablecoins and their ease of cross-border use could prompt people and businesses in economically unstable regions to prefer dollar stablecoins over local currencies, the international monetary fund said.
The Bank for International Settlements (BIS) has appointed Tommaso Mancini-Grifoli, one of the world's most influential digital currency economists, as the next head of the BIS Innovation Hub, effective March 2026. The BIS said on Tuesday that Mancini-Grifoli will "lead the central banking sector...
On October 31st, the recently published "Suggestions of the Central Committee of the Communist Party of China on Formulating the 15th Five-Year Plan for National Economic and Social Development" published a signed article by Pan Gongsheng, Governor of the People's Bank of China, entitled "Building a Scientific and Steady Monetary Policy System and a Comprehensive Macroprudential Management System". Pan Gongsheng pointed out in the article that the market-oriented interest rate formation, regulat...
U.S. investors have just switched from net selling to buying, joining the central bank's scramble for physical gold, which has triggered a snowball effect in gold prices. Click to view...
On October 10, according to Cryptopolitan, Vladimir Chistyukhin, the first deputy governor of the Central Bank of Russia (CBR), revealed at the Finopolis forum that the Russian central bank has decided to allow banks to conduct cryptocurrency business, but will introduce strict capital limits and reserve requirements. Chistyukhin also pointed out that the Russian central bank hopes to pass a law to comprehensively regulate cryptocurrency investments next year. This will enable the authorities to...
On September 27th, according to Caixin, according to the data disclosed by Xu Huaizhi, Assistant President (Foreign Affairs) of the Hong Kong Monetary Authority, the Hong Kong Special Administrative Region Government has issued RMB, Hong Kong dollar, euro and US dollar bonds worth about 386 billion Hong Kong dollars since 2019 through the "Government Sustainable Bond Program" and the "Infrastructure Bond Program". Two batches of tokenized green bonds were successfully issued in February 2023 and...
The Federal Reserve's Goolsbee said that if the current government could direct the central bank on how to adjust interest rates, inflation would rise.
This heavy blow could directly dismantle the basis of the White House's accusations, setting the legal battle over central bank independence in a stunning reversal. Click to view...
In addition to headline and core CPI, the August inflation report also conceals a "key variable" that determines the Fed's decision-making. This breakdown, overlooked by most investors, could revolutionize the central bank's judgment on the durability of inflation. Click to view
