• Australia's central bank keeps rates steady

    Reserve Bank of Australia (RBA) revealed on Tuesday it decided against changing its monetary policy setting in March, in line with market expectations. The central bank's targets for the cash rat

  • No increase in "pin only" retail this year, says central bank

    The number of Dutch retailers and other service providers which don’t accept cash has remained steady on last year, but more car parks, cinemas and pharmacies are going card only, according to research carried out for the central bank. Cash is no longer accepted at a quarter of the country’s car parks, compared with 16% a year ago. Like last year, 4% of retailers have a “pin only” policy, and say security is the main reason they won’t accept cash.

  • Asia shares idle ahead of central bank bonanza

    Asian shares idled and the dollar held firm on Monday as investors looked to navigate a minefield of central bank meetings this week that could see the end of free money in Japan and perhaps a slower glide path for US rate cuts. Central banks in the United States, Japan, UK, Sweden, Switzerland, Australia, Brazil […]

  • Economy is strong, but choices are needed: central bank chief

    The Dutch economy is strong and resilient, but not everyone in the Netherlands experiences it that way and many people are struggling financially, Dutch central bank chief Klaas Knot said on Thursday, at the publication of the bank’s annual report From a macroeconomic perspective, the Dutch economy is doing “quite well”, Knot said. “Despite continued sluggish economic growth, the economy is still running above capacity and we have not entered a deep recession despite the pandemic and high...

  • Letter: Political failure a key factor in ongoing violent crime

    Leaders need to deliver on putting a stop to gun crime.

    • ZAWYA

    Philippines central bank says its policy decisions not dependent on Fed's

    ⁠The Philippine central bank said on Wednesday it is "closely" watching the U.S. Federal Reserve's actions, but its own monetary policy decisions are not dependent on what the Fed does. Bangko Sentral ng Pilipinas Governor Eli Remolona said the central bank was still "hawkish", with inflation still hovering close to the upper end of the government's 2% to 4% target range. Annual inflation could accelerate further to 3.9% in March from the previous month's 3.4% due to base effects, Remolona told...

  • Haiti central bank raid leaves at least three dead

    An employee says a "group of criminals" targeted the Bank of the Republic of Haiti, but police hit back.

  • Central banks use AI to assess climate-related risks

    Central bankers said on Tuesday they have broken new ground by using artificial intelligence to collect data for assessing climate-related financial risks, just as the volume of disclosures from banks and other companies is set to rise. The Bank for International Settlements, a forum for central banks, the Bank of Spain, Germany's Bundesbank and the European Central Bank said their experimental Gaia AI project was used to analyse company disclosures on carbon emissions, green bond issuance and...

  • Australia central bank governor urges caution on rate cuts

    Reserve Bank of Australia (RBA) Governor Michele Bullock, (pictured) in a press conference following the March monetary policy announcement, emphasized vigilance on employment figures and highlighted

  • Japan's central bank ends negative interest rate policy

    The Bank of Japan (BoJ) made a historic decision to end its yield curve control (YCC) policy framework, discontinuing the targeting of the 10-year bond yield. This marks the central bank's first

  • Goldman Says Commodities to Benefit as Fed, More Central Banks Cut Rates

    Commodities will advance this year as central banks in the US and Europe move to reduce interest rates, helping to support industrial and consumer demand, according to Goldman Sachs Group Inc.

    • CNBC

    Major central banks reached a pivotal point this week. Here's what happened — and what's next

    Markets are trying to assess when most of the world's most influential central banks will begin to unwind their tight monetary policy stances.