Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
ECB Speeds Bank Model Approvals with Ex-Post Shift
The ECB will let banks implement credit risk model changes shortly after submission from October 2026, shifting to ex-post checks with safeguards. This cuts parallel model runs and refocuses supervision on high-risk areas, aided by new EBA standards.
BOJ Summary Signals Hawkish Stance on Rate Hike Pace
Japan's central bank showed a hawkish tilt in its March meeting summary, debating faster rate hikes amid Middle East tensions driving oil prices higher. Policymakers warned of inflation risks while keeping rates at 0.75%.
ECB Accelerates Bank Model Approvals With Post-Implementation Reviews
The European Central Bank is overhauling its supervision of banks' internal credit risk models, shifting to faster approvals while maintaining safeguards through capital floors and targeted on-site investigations.
ECB's Schnabel Warns Against Hasty Rate Hikes Amid Iran Conflict
European Central Bank executive board member Isabel Schnabel cautioned policymakers against rushing interest rate increases, arguing the central bank has time to assess whether the energy-driven inflation surge will become entrenched in wage growth and expectations.
Ireland's Makhlouf Urges True Single Market for Europe's Savings
Central Bank of Ireland Governor Gabriel Makhlouf called for a genuine Single Market to channel nearly €10 trillion in euro area household deposits into productive investments, warning that higher returns abroad stem from Europe's real economy shortcomings.
ECB Board Members Tout Digital Euro as Banks' Strategic Edge
ECB Executive Board members Piero Cipollone and Frank Elderson position the digital euro as a vital investment in Europe's monetary sovereignty, urging banks to embrace it for resilience against big tech and stablecoins. They highlight co-badging and pan-European standards to bolster bank models ...
Mexico's Banxico Cuts Key Rate to 6.75% in Split Vote
Banco de México surprised markets by lowering its overnight interbank rate by 25 basis points to 6.75%, citing weak activity and external risks despite rising inflation. The dovish move signals the easing cycle may soon end at 6.50%.
ECB's Cyprus Governor Patsalides Warns Against Hasty Rate Hikes
Cypriot Central Bank Governor Christodoulos Patsalides urged the ECB to avoid rushing interest rate hikes amid surging energy costs from geopolitical tensions, stressing a lack of evidence for entrenched inflation. He emphasized data-driven decisions with long-term expectations anchored at 2%.
South Africa Holds Repo Rate at 6.75% Amid Middle East Tensions
The South African Reserve Bank kept its repo rate unchanged at 6.75% on March 26, citing global uncertainty from Middle East conflicts pushing up oil prices and inflation risks. Governor Lesetja Kganyago emphasized stability as inflation hovers near target but growth faces supply shocks.
Mexico's Banxico Cuts Key Rate to 6.75% in Surprise Move
Banco de México surprised markets by slashing its overnight interbank rate 25 basis points to 6.75%, effective today, amid cooling inflation and growth concerns despite recent inflationary upticks. The split decision signals potential further easing if global risks subside.
European Union Parliament Approves Major Banking Crisis Management Overhaul
The EU's legislative body has greenlit sweeping reforms to strengthen bank resolution frameworks and deposit protection, marking a pivotal step toward completing the banking union.
Norges Bank Keeps Rates at 4%, Signals Hikes Ahead
Norges Bank's Monetary and Financial Stability Committee held the policy rate steady at 4% on March 25, citing persistent inflation above target and heightened uncertainty from Middle East tensions. Governor Ida Wolden Bache indicated likely rate increases at upcoming meetings to tame price press...