The Latest Breaking News from central bank

Russia's central bank chief called Thursday for Russia to be an "open economy" despite the barrage of Western sanctions and trading restrictions it has been hit with over its Ukraine offensive.

Following a sweeping vote to pass FIT21, the House has now passed H.R. 5403, which effectively bans the U.S. central bank from issuing a CBDC that Republican members believe might be used by the government to surveil the financial activities of the American public.

Governor of South Africa's Central Bank warns of inflation risks and financial instability, emphasizing the need for vigilance and proactive measures.

While countries struggle with Central Bank indecisions on interest rates, the harvest season in Australia is predictable. Australia boasts a robust commodity base, frequently called a commodity currency. Commodities account for a large share of Australia's exports, so movements in commodity prices result in movements in export prices. Exports lead…

The Central Bank of Brazil requests a 20% budget increase to enhance operations and navigate economic challenges.

Central Bank of Brazil discusses potential interest rate adjustments and economic uncertainty in recent meeting.

Iraq, fighting a booming currency black market, has considerably increased overseas dollar transactions through the official global SWIFT system, the Central Bank vice governor said on Monday.

Hungary postpones central bank law changes to address economic challenges and ensure financial stability.

Sen. Ted Cruz and several other Republican senators are pushing a bill that could prohibit the U.S. central bank from issuing CBDCs, saying a CBDC will only infringe on the American public's financial freedoms.

Prosecutors say Riad Salameh, bank governor from 1993 to 2023, being investigated for money laundering, other crimes.

Who will cut rates first, Banxico (Mexico's Central Bank) or the Federal Reserve (US Central Bank)? With a 5.75% spread (favoring Mexico) of short-term interest rates, the carry trade has money flowing into the Mexican Peso. As both countries prepare for upcoming elections, there is sure to be volatility in…