News

Trump Threatens to Fire Fed Governor, Escalating Pressure on Central Bank

President Trump said he would fire Lisa Cook, a Federal Reserve governor, if she did not resign. But his ability to fire a ...
Council on Foreign Relations1d

Central Bank Summit in the Spotlight

Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the ...

India's central bank signals preference for keeping current inflation framework

India's central bank said on Thursday the current inflation-targeting framework has worked well for the economy and signalled ...
MoneyWeek on MSN1d

'Governments are launching an assault on the independence of central banks'

Say goodbye to the era of central bank orthodoxy and hello to the new era of central bank dependency, says Jeremy McKeown ...

Immigrants from Central Asia find hostility and violence in Russia

The violence drew concern from human rights groups. “Central Asian migrants seeking work in Russia due to dire economic ...

Japan's SMBC gets Indian central bank approval to buy up to 24.99% of Yes Bank

Japan's Sumitomo Mitsui Banking Corporation has received Indian central bank approval to buy up to 24.99% of India’s Yes Bank, the Indian bank said in a stock exchange filing on Saturday. The Reserve ...

Zimbabwe Bank Payments Disrupted by Outage That Hit Central Bank

Zimbabwean banks reported widespread disruption to a widely-used payment channel, after the central bank experienced a ...

The twilight of the central banking elite

After several decades in which economic technocrats enjoyed a large degree of autonomy, they are under intense pressure from the Trump administration ...