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central-banking

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UAE Requests Permanent Currency Swap Line With Federal ReserveSubstrate placeholder — needs review
finance4 hrs agoDeveloping

UAE Requests Permanent Currency Swap Line With Federal Reserve

The United Arab Emirates and other economies have requested permanent swap lines with the Federal Reserve amid the Iran war. U.S. officials noted the requests in April. Swap lines allow central banks to exchange currencies to prevent global dollar shortages during emergencies.

Cnbc
1 source
Bank of Korea Governor to Attend BIS Central Bank Meetings in SwitzerlandSubstrate placeholder — needs review
world22 hrs agoDeveloping

Bank of Korea Governor to Attend BIS Central Bank Meetings in Switzerland

The head of South Korea's central bank will travel to Basel this week for meetings with other BIS member governors. Discussions will cover recent global economic and financial market developments. The trip marks the governor's first official overseas visit since taking office las…

Yonhap
1 source
PBOC Injects 500 Million Yuan via 7-Day Reverse Repo at 1.40% Rateecns.cn
finance1 day agoDeveloping

PBOC Injects 500 Million Yuan via 7-Day Reverse Repo at 1.40% Rate

China's central bank conducted a 500 million yuan liquidity operation through 7-day reverse repos. The interest rate remained unchanged at 1.40%. The move comes as the PBOC manages short-term funding conditions in the banking system.

FI
1 source
BoJ Minutes Show One Member Warned of Falling Behind on Inflation Risksultimateclassicrock.com
finance2 days ago

BoJ Minutes Show One Member Warned of Falling Behind on Inflation Risks

The Bank of Japan released minutes from a recent policy meeting in which one member highlighted the risk that the central bank could unintentionally fall behind the curve on inflation. The same member said particular attention should be paid to upside risks to prices. The comment…

LI
economictimes.indiatimes.com
manilatimes.net
3 sources
Bank of Japan Minutes Indicate Persistent Shocks May Require Policy Actionrte.ie
finance2 days agoDeveloping

Bank of Japan Minutes Indicate Persistent Shocks May Require Policy Action

The Bank of Japan released minutes from a recent policy meeting showing officials believe repeated economic shocks could necessitate further action. Policymakers emphasized the need to closely examine underlying inflation trends. The central bank continues to monitor developments…

FI
1 source
Former Reporter Assesses Outgoing Central Bank Chair's Performanceswissinfo.ch
finance5 days agoDeveloping

Former Reporter Assesses Outgoing Central Bank Chair's Performance

A former journalist who covered the central bank for nearly two decades provided a mixed assessment of the outgoing chair's tenure. He praised the chair's integrity and consensus-building amid challenges but criticized economic and monetary policy decisions. The chair plans to re…

Fortune
1 source
Economist Calls for Kevin Warsh to Address Employment Views Before Federal Reserve Chair Roleupi.com
finance9 days ago

Economist Calls for Kevin Warsh to Address Employment Views Before Federal Reserve Chair Role

Economist Claudia Sahm has urged Kevin Warsh to discuss his public record on employment issues prior to assuming the role of Federal Reserve chair. The request highlights a perceived gap in Warsh's statements on employment topics. This comes amid discussions on his potential lead…

Bloomberg
cointelegraph.com
americanbanker.com
thehindubusinessline.com
4 sources