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    Powell to stay on Fed board after chair term expires●Fed chair Jerome Powell says he will stay on central bank's board after term expires next monthβœ‰newsBusinessBanking2 min ago

    Federal Reserve Chair Jerome Powell says he will remain a member of the central bank's board of governors after his term as chair expires next month. The announcement clarifies his immediate plans amid ongoing speculation about leadership changes at the Fed and scrutiny from the White House over monetary policy.

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    Iran's central bank reports slight easing of inflation in September●Iran central bank says inflation eased slightly in Septemberβœ‰newsBusinessBanking2 min ago

    Iran's central bank says the country's inflation rate eased slightly in September, according to figures reported by Iran International. The announcement comes as Iranians continue to grapple with a cost-of-living crisis worsened by currency depreciation and sanctions. Any decline in price growth is being watched closely, though inflation remains high in absolute terms.

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    RBA Governor Michele Bullock says era of low interest rates is over●RBA Governor Michele Bullock claims days of low interest rates are gone | 9 News Australiaβ–ΆyoutubeBusinessBanking73.2K2 min ago

    Reserve Bank of Australia Governor Michele Bullock says the days of low interest rates are gone, warning that borrowers should not expect a return to the cheap-money conditions of the past decade. Her remarks signal the central bank expects rates to stay structurally higher, a message with major implications for Australian mortgages, business borrowing and household budgets.

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    Fed holds rates steady as inflation reaches three-year high●Fed holds interest rates steady as inflation hits 3-year highβœ‰newsBusinessBanking2 min ago

    The US Federal Reserve has voted to keep interest rates unchanged as new figures show inflation climbing to its highest level in three years. The decision keeps borrowing costs at their current level despite persistent price pressures. Analysts are watching closely for signals on when the central bank might move, with the combination of a rate pause and rising inflation fueling debate about the economy's direction.

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    Poland's central bank caught in political contest●Poland’s central bank trapped in β€˜political contestβ€™βœ‰newsBusinessBanking2 min ago

    Poland's central bank is described as trapped in a political contest, according to the Financial Times. The report highlights growing tensions around the institution, suggesting its independence is under pressure amid a broader struggle over political influence in Poland. The row adds to scrutiny of the bank's leadership and policy decisions at a sensitive moment for the country's economy and institutions.

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    The Central Bank has announced a sweeping overhaul of its foreign exchange regulations, with the stated aim of easing trade. The reform is expected to simplify currency access for importers and exporters, though the bank has not yet detailed the full scope of the changes. Businesses and analysts are watching closely to see how the new rules will affect trade flows and the currency market.

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    Are investors expecting too many rate hikes from the ECB?●Are investors expecting too many hikes from the ECB?βœ‰newsBusinessBanking2 min ago

    Debate has emerged over whether markets are pricing in too many interest rate increases from the European Central Bank as it battles inflation. The question, raised in financial commentary, is whether expectations of further aggressive tightening are justified or whether investors are overestimating how far the ECB will go.

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    Analysts warn that recession risks are growing as the Reserve Bank prepares to raise interest rates again. Markets and commentators are weighing how further tightening will affect borrowing costs, household spending and economic growth. The prospect of another hike has sharpened debate over whether the central bank is moving too aggressively against inflation at the expense of the wider economy.

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    Fed rate hike signals era of sticky inflation and faster growth●Federal Reserve rate hike reflects new world of sticky inflation, faster growthβœ‰newsBusinessBanking2 min ago

    The Federal Reserve has raised interest rates again, a move being read as an acknowledgment that inflation is proving stubborn and the US economy is growing faster than expected. Commentators say policymakers are adjusting to a new environment in which price pressures persist despite earlier tightening, forcing the central bank to keep rates higher for longer than markets had anticipated.

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    The trending item is Episode 304 of a YouTube finance show called 'Finance Horn' discussing Taiwan's central bank keeping interest rates unchanged for a tenth consecutive meeting. The visible title frames it as a question about why the Central Bank of Taiwan is not moving on rates, suggesting the episode analyzes the reasoning behind the prolonged freeze. The evidence consists only of the video title and engagement count, so specific viewer reactions or detailed arguments made in the episode are not clear from the posts.

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    Bessent says Iran facing growing economic isolation●Bessent says Iran facing growing economic isolation as US pushes countries to cut tiesβœ‰newsBusinessBanking2 min ago

    US Treasury Secretary Scott Bessent said Iran is facing deepening economic isolation as Washington pressures other countries to reduce or cut their economic ties with Tehran. The comments point to a renewed American push to squeeze Iran's economy through diplomatic and financial pressure, and the remarks are drawing attention as observers weigh how far the US campaign will go and how other governments will respond.

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    All Eyes on US Jobs and Inflation Data Ahead of Possible October Rate Hike●All Eyes on U.S. Jobs and Inflation Data as October Rate Hike Signals Take Center Stageβœ‰newsBusinessBanking2 min ago

    Investors and analysts are watching upcoming U.S. jobs and inflation reports for signals on whether the Federal Reserve will raise interest rates in October. Market expectations hinge on the data, with strong employment or persistent price pressures likely to strengthen the case for another hike, while softer readings could keep the central bank on hold.

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    SNB Chief Schlegel Says Bank Comfortable on Inflation●SNB Is in Comfortable Situation on Inflation, Schlegel Tells SRFβœ‰newsBusinessBanking2 min ago

    Swiss National Bank chairman Martin Schlegel said the central bank is in a comfortable situation regarding inflation, speaking in an interview with Swiss broadcaster SRF. The remarks suggest Swiss price pressures have eased enough that policymakers see no urgent need to act, reinforcing expectations that the SNB can hold its current monetary policy stance in the near term.

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    The Council of the EU is raising the question of whether Europe should build its own payment system, reducing reliance on dominant US-controlled card networks and payment platforms. The debate touches on strategic autonomy, data sovereignty and the resilience of European commerce, and it is drawing wide attention as digital payments become critical infrastructure.

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    Federal Reserve works on threshold plan●Fed working on threshold planβœ‰newsBusinessBanking2 min ago

    The Federal Reserve is developing a threshold plan, according to news reports. Details of what the plan would cover and when it might be announced have not been made clear in the available reporting. The news is drawing attention because Fed policy decisions on interest rates and economic thresholds affect markets, borrowing costs and the broader economy.

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    Kevin Warsh Criticizes Federal Reserve's 2020 Policy Framework●Warsh Criticizes Fed’s 2020 Framework, Says It Wasn’t First Central Bank To Seek β€˜A Little More Inflation And End Up With A Lot Moreβ€™βœ‰newsBusinessBanking2 min ago

    Former Fed governor Kevin Warsh criticized the Federal Reserve's 2020 monetary policy framework, arguing its average inflation targeting approach invited persistent price pressure. He said the Fed was not the first central bank to seek 'a little more inflation and end up with a lot more', a warning aimed at the framework's role in the post-2020 inflation surge.

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    Egypt's central bank lowers inflation forecasts, holds rates●CBE lowers inflation forecasts, keeps key rates unchangedβœ‰newsBusinessBanking2 min ago

    The Central Bank of Egypt has revised down its inflation forecasts while keeping its key interest rates unchanged. The decision signals that policymakers see price pressures easing, but prefer to wait for more evidence before loosening monetary policy. Economists are weighing what the improved outlook means for the timing of future rate cuts and for Egypt's broader economic reform programme.

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    Cambodia's Central Bank Seizes Another Bank as Sector Wobbles●Falling Like Dominoes: Cambodia's Central Bank Seizes Another Bank, Financial Sector Totteringβ–ΆyoutubeBusinessBanking73.5K2 min ago

    Cambodia's central bank has taken over another bank, in what observers describe as a cascade of failures with institutions collapsing 'like dominoes'. The move fuels concern that the country's banking and microfinance sector, hit by property slowdowns and bad loans, is under serious strain. Commentators are watching whether further seizures follow and how depositors and small savers will be protected.

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    Central Bank Unveils Six Measures to Ease Foreign Trade●Central Bank takes 6 key measures to facilitate foreign tradeβœ‰newsBusinessBanking2 min ago

    The Central Bank of Iran has announced six key measures aimed at facilitating foreign trade, according to the Tehran Times. The steps are intended to simplify import and export procedures and reduce barriers for businesses engaged in international transactions. Further details on the specific measures have not yet been widely reported.

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    UBS assesses Fed tightening impact on emerging markets●Is Fed tightening a game changer for EM assets? UBS weighs inβœ‰newsBusinessBanking2 min ago

    UBS has published its assessment of whether the US Federal Reserve's tightening cycle represents a fundamental shift for emerging market assets. The analysis addresses how higher US rates affect capital flows, currency pressure, and investment appetite across developing economies. The commentary is circulating among investors weighing whether Fed policy now changes the outlook for EM exposure.

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    Hong Kong and Indonesia Deepen Cross-Border QR Payment Cooperation●Hong Kong, Indonesia Central Banks Deepen Cooperation On Cross-Border QR Paymentsβœ‰newsBusinessBanking2 min ago

    The central banks of Hong Kong and Indonesia are expanding cooperation on cross-border QR code payments, allowing residents of each jurisdiction to make payments more easily when visiting the other. The move is part of a broader push across Asia to link national payment systems and reduce reliance on card networks and cash for travel and remittances.

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    Kevin Warsh Comments Shift Fed Rate Debate●6 Words From Kevin Warsh Changed the Question From β€œWill the Fed Hike Rates?” to β€œHow High Can Rates Go?β€βœ‰newsBusinessBanking2 min ago

    A brief comment by former Fed governor Kevin Warsh has reframed the market debate over monetary policy. Instead of asking whether the Federal Reserve will raise interest rates again, investors are now weighing how far rates could ultimately climb. His remarks have added to speculation about a more aggressive tightening path ahead.

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    The European Central Bank has blocked a proposal to relax reserve requirements for euro-denominated stablecoins. The decision means issuers must continue holding conservative, high-quality reserves backing their tokens, a stance the ECB argues protects financial stability and the euro's monetary role. Crypto industry figures had pushed for lighter rules to make euro stablecoins more competitive with dollar-based rivals, and the block is likely to frustrate those efforts.

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    The Swiss National Bank is tracking how recent heat is affecting food prices, with weather-driven supply pressures a potential source of inflation. Central banks watching climate-related cost shocks has drawn attention, as hot weather can lift produce prices and complicate monetary policy decisions.

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    Egypt banks post EGP 373bn net profit in first half of 2026●Banks operating in Egypt post EGP 373.133bn net profit in H1 2026: CBEβœ‰newsBusinessBanking2 min ago

    Banks operating in Egypt recorded EGP 373.133 billion in net profits during the first half of 2026, according to the Central Bank of Egypt. The figure highlights continued strong earnings across the country's banking sector, and is drawing attention from analysts tracking Egypt's economy and financial market performance.

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    Argentina Country Risk Spikes 600 Points on Alarming Signals●Argentina Country Risk: Alarming Signals Behind the 600-Point Surgeβœ‰newsBusinessBanking2 min ago

    Argentina's country risk measure has surged by around 600 points, a jump being described as carrying alarming signals for the country's economy. A sharp rise in country risk typically points to growing investor concern about Argentina's ability to meet its debt obligations and often signals pressure on the peso, inflation and access to international financing. Markets and observers are watching closely for what the move foreshadows.

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    Standard Chartered Sees Two More Fed Hikes Before Mid-2027●SC Sees Two More Fed Hikes Before Mid-2027, Stays Overweight On Equitiesβœ‰newsBusinessBanking2 min ago

    Standard Chartered is forecasting two further US Federal Reserve rate hikes before mid-2027, contrary to market expectations of cuts, and says it remains overweight on equities. The bank's strategists argue equities can still perform despite higher borrowing costs, and investors are weighing the call against expectations of an easing cycle. The outlook is drawing attention from market watchers tracking inflation and Fed policy.

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    Climate finance moves from thematic bet to core portfolio risk●What climate finance means for portfolios Climate now belongs in a client's portfolio as it becomes less of a thematic bMmastodonBusinessBanking42 min ago

    Financial advisers are being urged to treat climate as a systemic risk that touches every client holding, rather than a standalone thematic investment. The argument is that climate exposure now affects valuations, insurance costs and regulation across whole portfolios, so it should be built into standard asset allocation and risk analysis instead of being handled through separate ESG or sustainability sleeves.

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    Swiss National Bank chief watching heat-driven food inflation●Swiss National Bank’s Schlegel watching hot weather impact on food price inflation By Reutersβœ‰newsBusinessBanking2 min ago

    Swiss National Bank chairman Martin Schlegel says the central bank is monitoring how hot weather could push up food prices and feed into inflation. The comments highlight growing attention among policymakers to climate and weather shocks as a potential driver of consumer prices, alongside traditional inflation pressures.

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    ECB and Brazil Launch Study to Link TIPS with Pix Payments●European Central Bank (ECB) and Brazil Launch Study to Link TIPS with Pix Instant Paymentsβœ‰newsBusinessBanking2 min ago

    The European Central Bank and Brazilian authorities are launching a joint study exploring how to connect the eurozone's TARGET Instant Payment Settlement (TIPS) system with Brazil's popular Pix instant payment network. The work would explore cross-border interoperability between the two real-time payment systems. If successful, the initiative could make euro-real transfers faster and cheaper, reducing reliance on traditional correspondent banking channels.

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    BMO says US business will hit 12% return target by 2027●Why BMO has regained confidence in its US strategy The bank expects to deliver on its U.S. return on equity target of 12MmastodonBusinessBanking12 min ago

    Bank of Montreal says its US operations are back on track, with the bank expressing renewed confidence in its American strategy. BMO expects to deliver a US return on equity of 12% by October 31, 2027, a target it had struggled to reach after its acquisition of Bank of the West expanded its footprint south of the border. Coverage in banking circles frames the statement as a sign the integration and profitability push is finally bearing fruit.

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    SNB's Schlegel: Summer Heat Lifted Food Prices, Not Inflation●SNB's Schlegel: Heat Hit Food Prices, Not Swiss Inflation - News and Statisticsβœ‰newsBusinessBanking2 min ago

    Swiss National Bank chairman Martin Schlegel said the summer heatwave pushed up food prices, particularly fresh produce, but argued this does not constitute broader inflation in Switzerland. His comments, reported alongside new statistics, aim to clarify how temporary supply-side shocks differ from underlying price pressures as the central bank weighs its monetary policy stance.

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    Amit Shah Launches India's First Central Bank Digital Currency●HM Amit Shah launches country’s first, Central Bank’s digital currency to bring transparency in delivery mechanismβœ‰newsBusinessBanking2 min ago

    Union Home Minister Amit Shah launched the country's first central bank digital currency, presented as a step toward greater transparency in the delivery of funds and welfare mechanisms. The move ties India to a growing list of nations experimenting with digital rupee-style state currencies, and officials frame it as a way to cut leakage and make transactions traceable.

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    Bangladesh Bank orders KPI framework for bank CEOs, sparking concerns●BB directs KPI framework for bank CEOs, spurs regulatory overreach concernsβœ‰newsBusinessBanking2 min ago

    Bangladesh Bank has directed banks to implement a key performance indicator framework for their chief executives, prompting concern among industry figures that the central bank is overreaching into how private banks are managed. Supporters argue measurable CEO targets could improve governance and accountability in a banking sector under scrutiny, while critics say performance evaluation should be left to boards and shareholders, not regulators.

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    Bank of America Releases Q2 2026 Earnings Call Transcript●Bank of America (BAC) Q2 2026 Earnings Call Transcriptβœ‰newsBusinessBanking2 min ago

    Bank of America has published the transcript of its second-quarter 2026 earnings call, giving investors a full record of management's remarks on results and outlook. Coverage of the call is circulating among market watchers tracking the bank's performance, guidance and analysts' questions during the session.

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    ECB launches call for papers on China shock 2.0●China shock 2.0: Causes, Consequences, and Policy Responses – Call for papersβœ‰newsBusinessBanking2 min ago

    The European Central Bank has issued a call for papers on "China shock 2.0: Causes, Consequences, and Policy Responses", inviting research on how a renewed wave of Chinese export competition is affecting economies. The theme echoes the original China shock debate after 2001 WTO accession, now focused on industrial overcapacity, green tech exports and the policy responses under discussion in Europe and the US.