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Kazakhstan’s CBDC pilot enters second phase

Kazakhstan’s CBDC pilot enters second phase

Kazakhstan’s CBDC pilot enters second phase – Central Banking End of drawer navigation content Skip to main content Central bank to examine how digital tenge could be used to reduce corruption in public spending The…

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Trump says he would probably let Powell continue on Fed board

Trump says he would probably let Powell continue on Fed board

Former US president Donald Trump said he would likely allow Jerome Powell to serve out his term as chair of the Federal Reserve Board until 2028, if Trump is elected again. “I’ve had my own…

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Iran and Russia connect payments systems, governor says

Iran and Russia connect payments systems, governor says

Russia and Iran have connected their payment systems, allowing the US-sanctioned nations use of their currencies for commercial transactions. Central Bank of the Islamic Republic of Iran governor Mohammad Reza Farzin announced on July 6 that…

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Comms teams average less than 2% of central bank workforce

Comms teams average less than 2% of central bank workforce

Communications teams average a little over 1% of the central bank’s total workforce, according to data from the Communications Benchmarks 2024. Data provided by 35 respondents shows that communications employees average 19.1 individuals on a…

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Politicians not ‘blindly’ ideological when judging ECB – research

Politicians not ‘blindly’ ideological when judging ECB – research

Europe’s politicians evaluate the European Central Bank’s (ECB) mandate based on changing information rather than ideological bias, a Centre for Economic Policy Research paper finds. Federico Maria Ferrara, Donato Masciandro, Manuela Mischella and Davide Romelli…

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Spanish political parties fail to agree on new governor

Spanish political parties fail to agree on new governor

Spanish political parties fail to agree on new governor – Central Banking End of drawer navigation content Skip to main content Opposition refuses to accept government’s nomination of former ECB official Escrivá Bank of Spain…

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Well-designed CBDC can fulfil role of cash – BoC paper

Well-designed CBDC can fulfil role of cash – BoC paper

Central bank digital currency (CBDC) can fulfil the role of cash as retail public money to help maintain a well-functioning monetary system, a paper from the Bank of Canada (BoC) argues. BoC researchers Francisco Rivadeneyra,…

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NGFS study offers three proposals to help green monetary operations

NGFS study offers three proposals to help green monetary operations

NGFS study offers three proposals to help green monetary operations – Central Banking End of drawer navigation content Skip to main content Report highlights eight case studies, including central banks in China, Japan, the eurozone…

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One in five communications teams use AI for their work

One in five communications teams use AI for their work

Around one in five surveyed central banks’ communications departments have used artificial intelligence (AI) tools to assist their work. Seven out of 34 central banks (21%) that responded to a new question in this year’s…

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Political influence is affecting the OeNB’s independence, staff say

Political influence is affecting the OeNB’s independence, staff say

Political influence is affecting the OeNB’s independence, staff say – Central Banking End of drawer navigation content Skip to main content Austrian central bank employees criticise gag orders, conflicts of interest and insufficient female staff…

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