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The Latest Breaking News from the Bank for International Settlements

Why the world’s central bankers had to speak up against Trump’s attacks on the Fed

Central bankers from around the world have issued a joint statement of support for US Federal Reserve Chair Jerome Powell, as he faces a criminal probe on top of mounting pressure from US President Donald Trump to resign early.

The Conversation

Trump threatens to revoke citizenship of naturalized immigrants convicted of fraud - as it happened

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The Guardian - US

New data shows the US dollar still dominates foreign exchange markets – despite Trump’s economic chaos

Reports of the death of the US dollar appear to be greatly exaggerated (like that of author Mark Twain).

The Conversation

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Fed Under Fire: How Political Pressure Is Undermining the Dollar’s Credibility

Amid heightened political tensions in Washington, the Bank for International Settlements (BIS) sounded the alarm this weekend. The aim was to highlight the crucial importance of central bank independence at a time when the US Federal Reserve is under unprecedented political pressure.

inkl

CBDCs vs. Stablecoins: The battle for The Future of Digital Payments

The Bank for International Settlements recently released a report claiming that 94% of central banks are already exploring central bank digital currencies (CBDCs).

inkl

New Brics banking system would render sanctions useless, ex-chancellor warns

Lord Lamont of Lerwick warned that a rival payments system would be a ‘major threat to the Western-led financial system’ if it ever came to pass.

The Independent UK

Top central bankers assert need for higher interest rates to tackle persistent inflation

Several of the world's top central bankers got together, and their message was clear: interest rates could go even higher to combat inflation

The Independent UK

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Brace For ‘Most Challenging’ Final Stage Of Achieving Price Stability: Central Banks’ Umbrella Body

The Bank for International Settlements has cautioned that central banks still have significant work ahead of them.

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The Reserve Bank of Australia

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