Last year, the industry agreed to decommission the Bulk Electronic Clearing System (Becs), by 2030. Launched in 1989, the ...

Switzerland’s central bank said today (December 12) that it would cut its policy rate by 50 basis points. The new policy rate ...

The Bank of Canada’s governing council chose a larger 50 basis point rate cut for the second consecutive meeting on December ...

The Central Bank of Brazil (BCB) on December 11 raised its policy rate by 100 basis points to 12.25% in a unanimous decision, ...

In both cases, the reviews found the existing models wanting, and called for a range of improvements, to both model ...

The French authorities have made “significant progress” in overseeing the crypto assets market, the Financial Stability Board ...

In a new paper, Nobel prize-winning economist Joseph Stiglitz attacks standard theories of economic fluctuations and argues ...

The Phillips curve is convex in the short term but linear over longer time horizons, according to new research that adds to a ...

Bulgaria’s central bank and its banking sector are ready for the euro, the bank’s governor Dimitar Radev has said.

Markets have been generally buoyant over the past quarter but there are signs of growing “uneasiness” over the scale of ...

Most of New Zealand’s citizens worry that introducing a central bank digital currency (CBDC) will infringe on their privacy, ...

The Asian Development Bank (ADB) has approved a $500 million loan to promote financial inclusion in Indonesia.