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European Central Bank to Impose Fines on Banks for Failure to Address Climate Change | JD Supra
JD Supra· 4 days agoIt has been reported that the European Central Bank will be imposing fines on as many as four lenders due to “not meeting deadlines set by the ECB for assessing their exposure ...
BSP may start easing by Q4 - BusinessWorld Online
BusinessWorld· 9 hours agoTHE BANGKO SENTRAL ng Pilipinas (BSP) will likely begin easing by the fourth quarter when inflation is expected to have firmly settled within target,...
South Korea’s Inflation Slows in May to 10-Month Low
The Wall Street Journal· 2 hours agoSouth Korea’s headline inflation slowed to a 10-month low but still remained above the central bank’s 2.0% target, likely reinforcing views that the bank...
World Rate Paths Set to Diverge With ECB’s First Cut
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- The European Central Bank could open the door to a weaker euro on Thursday as its first interest-rate cut of the cycle puts the region on...
We’re about to get central bank rate cuts soon—but not from the Federal Reserve: Here’s who is...
Fortune· 1 day agoWith a quarter-point reduction all but certain, officials will finally embrace a widening in the difference between borrowing costs on either side of the Atlantic, the implications of which ...
SNB’s Jordan:There is small upward risk to the central bank’s inflation forecast
The Forex Market· 5 days agoSwiss National Bank (SNB) Thomas Jordan said early Thursday that there is a small upward risk to the...
Iceland Governor Says Fed’s ‘Tough’ Policy Makes His Job Easier
Bloomberg· 20 hours agoIceland’s central bank governor said a “tough” policy stance from the US Federal Reserve provides a...
Dollar stands tall as traders mull Fed outlook; focus on ECB
MSN News· 18 hours agoBy Amanda Cooper LONDON (Reuters) -The dollar held steady on Monday, as investors warmed to the idea...
Bank of Canada can stomach faster rate cuts than the Fed, say economists
Yahoo Finance Canada· 8 hours agoTD Bank expects Canada's real GDP growth to remain less than half of that in the U.S. throughout...
Central banks turn to generative AI for enhanced cybersecurity: BIS
The Cointelegraph· 7 days agoAccording to a BIS study, 71% of surveyed central banks use generative AI for cybersecurity, with predictions of 100% adoption soon. AI enhances cyber threat detection and response times, but concerns about costs remain.