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1 week ago | 
centralbanking.com | Daniel Blackburn
On the sidelines of the June Summer Meetings 2025, Central Banking caught up with Stéphane Dees, head of the climate economics unit at the Banque de France. He discussed the implications for financial stability from both transition and physical climate shocks; how the BdF is improving its monitoring of the risks with the European Central Bank and the Network for Greening the Financial System (NGFS); and the implications for inflation if the green transition does not remain on track.
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2 weeks ago | 
centralbanking.com | Daniel Blackburn
The need for forceful monetary policy to anchor expectations was among the key lessons of the post-Covid-19 surge in inflation, an official from an advanced economy central bank told the Central Banking Summer Meetings. Speaking on June 11 during a panel on forecasting models, the official said central banks had done “very well” in responding to the surge. “The disinflation process was compatible with a soft landing, and particularly the sacrifice ratio in terms of unemployment,” the official
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2 weeks ago | 
centralbanking.com | Daniel Blackburn
The Bank of Russia on June 6 decided to cut rates by 100 basis points to 20%. However, experts tell Central Banking that the cut – the bank’s first since 2022 – does not mark the beginning of the end of its ultra-tight monetary policy. “This is not the beginning of an easing cycle,” says Alexander Kolyandr, senior fellow at think-tank the Center for European Policy Analysis. “It’s a one-off adjustment reflecting the fact that inflation peaked at the end of April or in early May. Seasonally
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3 weeks ago | 
backstage.com | Ava Lynn Kendall |Daniel Blackburn |Henry Blackburn |Aiden Blackburn
EXPIRES:Seeking talent from Los Angeles, CARoles paying up to $4,500.00COMPANY DETAILSM4M Film DesignMojo Wen, Owner / President / CEOMember since Mar 13, 2025PROJECT DESCRIPTIONCasting "Oops! Living with My Three Werewolf Stepsons!," a vertical scripted show. This is the 9th vertical production of M4M, and is aiming at the best quality supported by the platform Tallflix.
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1 month ago | 
centralbanking.com | Daniel Blackburn
Tweet Facebook LinkedIn Save this article Send to Print this page Trade tensions have cast an inevitable shadow over the European Central Bank’s latest Financial Stability Review, which warns of an increasingly uncertain outlook for the eurozone’s economy and money markets.
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1 month ago | 
centralbanking.com | Daniel Blackburn
Since we spoke last year, Russia’s aggression in Ukraine has continued unabated. How would you assess the major challenges the National Bank of Ukraine (NBU) has faced since then? How have you responded, and has the risk-based approach that you’ve adopted been helping? The challenges have not changed much, because unfortunately the war continues. In 2024, we had further intense attacks on critical Ukrainian infrastructure and insane attacks by the Russian Federation on peaceful Ukrainian cities
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2 months ago | 
centralbanking.com | Christopher Jeffery |Daniel Hinge |Daniel Blackburn |Thomas Chow
Tweet Facebook LinkedIn Save this article Send to Print this page Tensions between Jerome Powell and Donald Trump have escalated further over the past 24 hours, with the Federal Reserve chair criticising the administration’s trade policy and the US president calling for the head of the country’s central bank to step down.
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2 months ago | 
centralbanking.com | Levente Koroes |Christopher Jeffery |Daniel Hinge |Daniel Blackburn
The European Central Bank today (April 17) cut rates by 25 basis points. The bank’s president, Christine Lagarde, said the ECB’s economic outlook was “clouded by exceptional uncertainty” given the upending of international trade by US president Donald Trump. Strikingly, the bank removed any references to the degree of restrictiveness of its monetary policy. At its previous meeting, it had changed the reference from its policy “remaining restrictive” to being “meaningfully less restrictive”. The
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2 months ago | 
centralbanking.com | Aditya Kumar |Christopher Jeffery |Daniel Hinge |Daniel Blackburn
Turkey’s central bank today (April 17) raised its policy rate to 46%, up from 42.5%, in its latest attempt to calm the markets following last month’s arrest of a prominent opposition figure. The Central Bank of the Republic of Turkey (CBRT) also raised the overnight lending rate to 49% from 46% and the overnight borrowing rate to 44.5% from 41%. The bank had raised the overnight lending rate by 200 basis points on March 20, while leaving the policy repurchase auction rate and overnight borrowing
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2 months ago | 
centralbanking.com | Philip Alexander |Christopher Jeffery |Daniel Hinge |Daniel Blackburn
Tweet Facebook LinkedIn Save this article Send to Print this page The uncertain effect of the US’s new tariff regime on the credit status of corporate borrowers is giving banks in Europe a headache. Lenders in the European Union must assess and adjust loan loss provisions every quarter to take account of changes in corporate creditworthiness under International Financial Reporting Standard 9.
