Bank for International Settlements
PBOC to optimize rate framework, modernize financial markets
People's Bank of China Governor Pan Gongsheng outlined new policy measures and discussed the evolution of China's financial structure at the 2026 Lujiazui Forum in Shanghai on June 17, 2026.
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Ukraine's NBU holds key rate at 15% amid inflation risks
The National Bank of Ukraine has decided to keep its key policy rate at 15 percent per annum.
Swiss policy rate held at 0%, FX intervention readiness
The Swiss National Bank's Governing Board decided to leave its policy rate unchanged at 0 percent.
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Malaysia's financial sector tackles nature-related risks
Madelena Mohamed, Assistant Governor of Bank Negara Malaysia, highlighted the growing importance of nature-related financial risks and opportunities for Malaysia's financial sector.
Kincaid: Intermediaries vital for consumer financial well-being
Colm Kincaid, Deputy Governor of the Central Bank of Ireland, highlighted the critical role of financial intermediaries in supporting consumer financial well-being.
Linear methods overstate fiscal stimulus in HA models
A new working paper by Javier Bianchi and Greg Kaplan finds that linear methods substantially overstate the effects of fiscal stimulus in heterogeneous-agent (HA) models.
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Stablecoins cut long-run output, boost short-term growth
A new Bank for International Settlements working paper analyzes the macroeconomic impact of stablecoins, finding that widespread adoption modestly reduces long-run output but provides short-term economic benefits.
BIS report flags debt, AI, stablecoin risks for stability
The Bank for International Settlements' Annual Economic Report 2026 identifies rising public debt, AI investment boom, and stablecoin innovation as key challenges for global financial stability and central banks.
Trust in digital money key for future financial system
The Bank for International Settlements (BIS) outlined a path to the next-generation monetary system, emphasizing innovation while safeguarding trust in money.
Global shocks demand financial governance reform
Monetary Authority of Singapore Managing Director Chia Der Jiun called for greater resilience, expanded regional cooperation, and stronger international institutions to navigate frequent global shocks.
Geopolitics reshaping finance: Prepare for shock-prone future
Brad Jones of the Reserve Bank of Australia warned that geopolitics is profoundly reshaping the international financial system.
Nagel: New money forms may alter policy transmission
Bundesbank President Joachim Nagel discussed how central bank digital currencies, stablecoins, and tokenized deposits could impact monetary policy transmission.