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Fed’s Cook says the central bank is using AI in all these ways, but not for setting policy Federal Reserve official highlights use of artificial intelligence for writing, coding and research ...
WASHINGTON (AP) — A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair ...
Bank Indonesia (BI) cut the benchmark 7-day reverse repurchase rate by 25 basis points to 5.25%, as expected by a slim majority of economists polled by Reuters, and also cut two other key rates.
Indonesia's central bank resumed its rate-cutting cycle, as cooling inflation provides ample room to support the economy. Bank Indonesia's decision to cut its benchmark seven-day reverse repo rate ...
India's central bank said on Tuesday it will conduct a two-day variable rate reverse repo auction worth one trillion rupees ($11.67 billion) on July 9.
European Central Bank (ECB) commits to distributed ledger technology settlement plans with dual-track strategy including link with TARGET Services by Q3 2026.
Kevin Stiroh, the Federal Reserve’s most senior official focused on the financial risks associated with climate change, has left the US central bank.
Powell, speaking before a Senate panel, was discussing a power the central bank implemented in 2008 that allows it to pay deposit-taking banks interest for cash they park on the central bank's books.
Federal Reserve Chairman Jerome Powell said on June 25 any move to strip the central bank of its power to pay interest on reserves would be difficult and take a long time to implement.
The Bank of Korea governor Ryoo Sangdai reportedly floated an idea for banks to be the primary issuers of stablecoins in South Korea before gradually rolling out to other sectors.
According to Crypto Rover, China’s central bank has injected an additional 161.2 billion yuan through reverse repo operations, signaling a renewed liquidity push in the financial system (source: ...