Central Banks: News, Events, and Press Releases

Piero Cipollone: Some like it hotter: the conditions for a cyclical recovery in euro area productivity

Remit and recommendations for the Prudential Regulation Committee – November 2024

Letter from the Chancellor to the Governor

Conclusion of the Solvency II Review

The Prudential Regulation Authority published Policy Statement 15/24 finalising PRA rules and policy materials that will replace Solvency II assimilated law.

Isabel Schnabel: Reassessing monetary policy tools in a volatile macroeconomic environment

Quantitative Tightening: How do shrinking Eurosystem bond holdings affect long-term interest rates?

New paper on fiscal incidence and income inequality by age

The Treasury has published a new Analytical Note by Tod Wright and Hien Nguyen, Fiscal incidence and income inequality by age: Results for New Zealand in tax year 2018/19.Read the related media statement New paper on fiscal incidence and income inequality by age.

Bank of England to hear the views of local people in Birmingham about the cost of living

The Bank of England is to hear from local people in Birmingham about the impact of the cost of living on their finances, as part of our Citizens’ Forum Programme which has been running across the UK since 2018

Christine Lagarde: Mind the gap: what it takes to finance a greener future

Philip R. Lane: Macroeconomics of sovereign debt

Interim Financial Statements of the Government of New Zealand for the three months ended 30 September 2024

The Treasury has published the Interim Financial Statements of the Government of New Zealand for the three months ended 30 September 2024.

Isabel Schnabel: The ECB’s balance sheet reduction: an interim assessment

Christine Lagarde: Welcome address at the tenth anniversary of the Single Supervisory Mechanism

Christine Lagarde: Competition policy in a changing world

Piero Cipollone: The digital euro: what’s in it for you?

Minutes of the Meeting of the Court of Directors held on 19 September 2024

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.

Isabel Schnabel: The ECB's monetary policy: towards price stability

Federal Reserve Board issues enforcement action with U & I Financial Corp. and UniBank

Federal Reserve Board issues enforcement action with U & I Financial Corp. and UniBank

Confirmation of weekly frequency for Indexed Long-Term Repo Operations - Market Notice 16 October 2024

In line with the Bank’s transition to a repo-led, demand driven operational framework for providing reserves, which Indexed Long-Term Repo operations are central to, this Market Notice confirms that these operations will continue to be offered weekly on a permanent basis. There will be an accompanying change to the maturity date structure of Indexed Long-Term Repo operations to ensure alignment with their weekly frequency.

Minutes of the Board's discount rate meetings on September 9 and 18, 2024

Minutes of the Board's discount rate meetings on September 9 and 18, 2024

Minutes of the Federal Open Market Committee, September 17-18, 2024

Minutes of the Federal Open Market Committee, September 17-18, 2024

Statistical Notice 2024/12 - Bank of England (BoE) Levy Classification

Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder

Agencies announce dollar thresholds for applicability of truth in lending and consumer leasing rules for consumer credit and lease transactions

Agencies announce dollar thresholds for applicability of truth in lending and consumer leasing rules for consumer credit and lease transactions

Monetary policy transmission: why consumers’ housing situations matter

SIMEX 24 – A major market-wide simulation exercise to test the UK financial sector’s resilience to a major operational disruption

The Bank of England, in partnership with UK Finance, the financial sector and the other UK financial authorities (HM Treasury and the Financial Conduct Authority), has undertaken its latest UK market wide simulation exercise, SIMEX 24.

Financial Policy Committee Record - 2024 Q3

Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system.

The end of LIBOR

Joint press release from the Bank of England, the Financial Conduct Authority (FCA) and the Working Group on Sterling Risk-Free Reference Rates (Working Group)

Minutes of the London FXJSC Main Committee Meeting - 25 June 2024

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC), which is a forum for discussion of the wholesale foreign exchange market. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.

FCA and PRA appoint new Chair of the FSCS

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have appointed Elizabeth Passey as chair of the Financial Services Compensation Scheme’s (FSCS) board.

Debt and deficits accentuate the fiscal challenge of an aging population

The Treasury has published a speech by Chief Economic Adviser Dominick Stephens titled ‘Longevity and the public purse’, delivered at the Morrison annual conference in Queenstown.The speech explores the fiscal challenges of an ageing population, focusing on how these challenges have evolved as four key factors change over time: government debt, labour force participation, migration and interest rates.

Hedge funds: good or bad for market functioning?

Federal Reserve Board announces termination of enforcement action with Community Bankshares, Inc.

Federal Reserve Board announces termination of enforcement action with Community Bankshares, Inc.

Monetary Policy Committee dates for 2025

2025 confirmed dates

Federal Reserve Board and Federal Open Market Committee release economic projections from the September 17-18 FOMC meeting

Federal Reserve Board and Federal Open Market Committee release economic projections from the September 17-18 FOMC meeting

Obstacles to the greening of energy-intensive industries

Analytical note on New Zealand’s demographic trends

The Treasury has published a new analytical note on demographic transitions that New Zealand must navigate to support its long-term economic and fiscal sustainability.Read the related media statement Analytical note on New Zealand’s demographic trends.

FPC’s welcoming statement for CP7/24 – The Strong and Simple Framework: the simplified capital regime for Small Domestic Deposit Takers (SDDTs)

The Financial Policy Committee (FPC) welcomes today the Prudential Regulation Authority’s (PRA’s) Consultation Paper 7/24 – The Strong and Simple Framework: the simplified capital regime for Small Domestic Deposit Takers (SDDTs).

Statistical Notice 2024/11 - Recognised List of Software Houses for Statistical Reporting

Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder

Why competition with China is getting tougher than ever

Change in Collateral Eligibility Criteria for Regulated Covered Bonds in the Bank’s Sterling Monetary Framework - Market Notice 16 August 2024

From 1 September, to be eligible as Level B collateral in the Bank’s Sterling Monetary Framework, the minimum original issue size of a UK, French or German Regulated Covered Bond will be lowered to £500 million or €500 million, from £1 billion or €1 billion.

New papers on fiscal policy and macroeconomic stabilisation

The Treasury has published today three papers covering fiscal policy and macroeconomic stabilisation.Read the related media statement New papers on fiscal policy and macroeconomic stabilisation.

Release of Full Year Financial Statements of the Government

The Treasury will publish the Financial Statements of the Government of New Zealand for the Year Ended 30 June 2024 on Thursday 10 October 2024.All documents will be published on the Treasury’s website at or shortly after 1.00pm that day.On Thursday 10 October 2024 the Treasury will host a technical briefing on the financial statements for journalists and analysts under embargo and other conditions. Details about the briefing, including how to register interest in attending, will be made available in due course.Contact:

Repo markets: Understanding the effects of a declining Eurosystem market footprint

The geopolitics of green minerals

How euro area firms’ inflation expectations affect their business decisions

The Treasury opens consultation on the scope of its upcoming Long-term Insights Briefing

Consultation opens today on the Treasury’s draft topic for its upcoming 2025 Long-term Insights Briefing, a stewardship report on the medium- to long-term risks, trends, and opportunities that affect New Zealand. The draft topic for the Treasury’s Long-term Insights Briefing is how we can ensure that fiscal policy remains sustainable and resilient over the economic cycle. The consultation period is open from Wednesday 26 June to Friday 26 July 2024.

How do higher interest rates help to lower inflation?

Interest rates and inflation are closely linked. Higher rates will help to bring down inflation. But how exactly?

What is the digital pound?

The digital pound would be a new type of money issued by the Bank of England alongside cash.

What is CBDC?

CBDC stands for central bank digital currency. It’s digital money a country’s central bank can issue alongside cash. If we introduced one, we’d call it the digital pound.

Why are interest rates high and how quickly might they fall?

We need to make sure inflation stays low. So we need to be careful not to cut rates too quickly or by too much.

What will happen to inflation?

We expect inflation to be lower and more stable than it has been over the past two years.

What is Islamic finance?

Money management and business dealings that are compatible with Islam

Who pays for the Bank of England?

Although we’re a public body, each year we give around £350 million back to the public through HM Treasury.

What is capital?

Capital is another name for the financial resources a bank has that act as a cushion or shock-absorber against unexpected losses. For example, if someone fails to repay their loan.

How has money changed over time?

How we pay for things, and even the concept of paying, have developed over 11,000 years.

What is the Prudential Regulation Authority (PRA)?

The PRA supervises around 1,500 financial institutions including banks and insurance companies.

How much is a banknote worth?

While rare serial numbers often generate interest, banknotes will only ever be worth their face value to us.

Is my money safe from cyber-attacks?

Cyber-attacks are becoming more frequent and advanced. Here's what you need to know.

How do card payments work?

Whether you’re buying groceries or a laptop, paying by card only takes seconds. Here’s how the money gets from A to B.

How is money created?

Most of the money in the economy is created by banks when they provide loans.

Financial market infrastructures – what happens when you pay?

There’s a network of systems that make payments possible. These are known as financial market infrastructures – or FMIs for short.

2024-07-31 - Interim results of the Swiss National Bank as at 30 June 2024

2024-08-19 - SNB adjusts remuneration of sight deposits

2024-09-20 - Swiss balance of payments and international investment position: Q2 2024

2024-10-09 - Results of the 2024 Survey on Cash Acceptance at Selected Companies

2024-03-22 - Swiss balance of payments and international investment position: 2023 and Q4 2023

2024-04-16 - New data portal for Swiss National Bank

2024-04-25 - Interim results of the Swiss National Bank as at 31 March 2024

2024-06-20 - Monetary policy assessment of 20 June 2024

2024-06-26 - SNB Governing Board: Martin Schlegel to become Chairman, Antoine Martin Vice Chairman and Petra Tschudin new Member

2024-10-31 - Interim results of the Swiss National Bank as at 30 September 2024