News

Trump Threatens to Fire Fed Governor, Escalating Pressure on Central Bank

President Trump said he would fire Lisa Cook, a Federal Reserve governor, if she did not resign. But his ability to fire a ...
Daily Sabah3h

Turkish central bank ends FX-protected deposit scheme

The Turkish central bank announced early Saturday it would end the opening and renewal of foreign-exchange-protected accounts ...
Council on Foreign Relations1d

Central Bank Summit in the Spotlight

Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the ...
MoneyWeek on MSN1d

'Governments are launching an assault on the independence of central banks'

Say goodbye to the era of central bank orthodoxy and hello to the new era of central bank dependency, says Jeremy McKeown ...

India's central bank signals preference for keeping current inflation framework

India's central bank said on Thursday the current inflation-targeting framework has worked well for the economy and signalled ...
The Kathmandu Post on MSN6h

Central bank betrays its digital push with digital bank closure

But in a move that has left thousands of customers and fintech entrepreneurs dismayed, the central bank has ordered Laxmi ...

Immigrants from Central Asia find hostility and violence in Russia

Russia needs more workers, primarily due to its war in Ukraine. But rather than welcoming foreign laborers — many of whom are ...

Japan's SMBC gets Indian central bank approval to buy up to 24.99% of Yes Bank

Japan's Sumitomo Mitsui Banking Corporation has received Indian central bank approval to buy up to 24.99% of India’s Yes Bank, the Indian bank said in a stock exchange filing on Saturday. The Reserve ...

The twilight of the central banking elite

After several decades in which economic technocrats enjoyed a large degree of autonomy, they are under intense pressure from the Trump administration ...