A common belief among economists is that the central bank determines what interest rates should be. But is that accurate?

Argentina’s central bank is working with banks and credit card companies to enable debt cards denominated in dollars, bank ...

The Central Bank of Brazil invites applications for its CBDC pilot, Drex, aiming to enhance the financial system.

Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of ...

South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish ...

India’s central bank and other global authorities warn of AI’s potential risks to financial stability, highlighting concerns ...

The UAE central bank has granted AED Stablecoin in-principle approval, paving the way for the first regulated dirham-pegged ...

In the eurozone, the European Central Bank appeared to be ahead of the Federal Reserve when it began cutting interest rates ...

The Philippine central bank will cut its key policy rate by 25 basis points both in October and December to support economic growth as inflation is expected to stay under control, according to a ...

China’s central bank is moving ahead with a 500-billion-yuan swap facility to let securities, fund, and insurance firms get ...

Israel’s central bank is stepping up pressure on Prime Minister Benjamin Netanyahu’s government to take a growth-focused ...

The World Bank has lauded the reforms led by the Central Bank Governor, Yemi Cardoso, noting that his monetary policies ...