News

Chicago Fed chief: Central bank must be independent of politics
Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.
India's central bank sets lower digital deposit buffer for lenders, delays implementation
India's central bank on Monday directed lenders to assign a lower-than-proposed buffer rate of 2.5% on digitally linked ...
Vietnam central bank preparing restructuring plan for troubled lender SCB
Vietnam's central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank, the lender at the ...
China central bank urges state-owned businesses to prioritise yuan in overseas expansion
China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and ...
Can Trump Fire Jerome Powell? President Calls for Fed Chair's Termination and Again Demands the Central Bank Cut Interest Rates
President Donald Trump has once again slammed Federal Reserve Chair Jerome Powell over high interest rates, calling for the ...
Fed’s Goolsbee Warns Against Curbing Central Bank Independence
Federal Reserve Bank of Chicago President Austan Goolsbee warned against efforts to curtail the central bank’s independence, ...
Indian central bank directs banks to increase run-off rates for digital deposits
India's central bank on Monday directed banks to assign additional run-off rates of 2.5% to internet and mobile ...
Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)
(THE CONVERSATION) Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount ...
Trump calls Federal Reserve Chair Powell ‘a major loser,’ demands central bank lower its key interest rate
President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank ...
Trump’s tariffs overshadow IMF and World Bank meetings
The men and women who run the global economy will arrive in Washington this week for the spring meetings of the International ...
Europe, U.S. Central Banks Have Taken Different Paths In Trump Era
In 2025, the European Central Bank and its American counterpart have taken starkly different approaches to monetary policy, with the ECB continuing to slash interest rates, and the Fed holding them ...
Rupiah to Extend Losses as Bank Indonesia Battles Volatility
The Indonesian rupiah will extend this year’s 4% decline due to fragile investor confidence, spurring further intervention by the central bank to stem volatility, according to analysts.