Keywords: Central Bank


ECB leans towards approving UniCredit’s Commerzbank takeover bid

The European Central Bank is leaning toward approving UniCredit's bid for Commerzbank, according to an internal document outlining the central bank's preliminary assessment of the proposed transaction. The potential takeover would bring together two major European banking groups and could create......

Russia opens regulated markets to major cryptocurrencies

Russia is moving toward a more structured framework for cryptocurrency trading after the Central Bank announced that major digital assets, including Bitcoin, Ethereum and Tether, could be made available for public trading on Russian exchanges. The move follows the adoption of new legislation governing......

BRICS explores cross-border payment links and digital currencies

The BRICS group is examining ways to improve cross-border payments by potentially linking fast payment systems and central bank digital currencies among its member states, according to Reserve Bank of India Governor Sanjay Malhotra. Speaking at an event in Mumbai, Malhotra said that reducing the cost......

Brazil cuts benchmark interest rate for the fourth consecutive meeting

Brazil's central bank has lowered its benchmark interest rate for the fourth consecutive policy meeting, reflecting continued progress in easing inflation while maintaining a cautious approach toward future monetary policy decisions. The Monetary Policy Committee reduced the Selic rate from 14.25%......

Bank of Korea signals openness to further interest rate hikes as inflation concerns persist

The Bank of Korea (BOK) is keeping the door open to additional interest rate increases after policymakers indicated that inflation risks continue to warrant close monitoring, according to minutes from the central bank's latest monetary policy meeting. The document suggests that while board members......

Euro zone household spending weakened sharply after Iran conflict, ECB says

Household consumption across the euro zone fell significantly during the initial weeks of the conflict involving Iran, as deteriorating consumer confidence prompted households to curb spending, according to a new article published in the European Central Bank's (ECB) Economic Bulletin. The findings......

China’s central bank signals timely monetary policy adjustments to support economic stability

China's central bank has reaffirmed its commitment to maintaining an accommodative monetary policy, pledging to adjust its policy tools promptly as economic conditions evolve while preserving sufficient liquidity across the financial system. The announcement followed a high-level policy meeting......

Eurozone inflation edges up to 2.9% in July as energy prices drive renewed price pressures

Inflation across the eurozone increased slightly in July, with annual consumer price growth reaching 2.9%, up from 2.8% in June, according to a preliminary estimate released by Eurostat. The modest acceleration matched economists' expectations and was driven primarily by higher energy prices, while......

Euro zone inflation expectations ease as consumers anticipate slower price growth

Consumers across the euro zone became more optimistic about the inflation outlook in June, lowering their expectations for future price increases as easing energy costs helped improve sentiment, according to the latest European Central Bank (ECB) survey. The findings suggest households expected inflationary......