The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank's thinking closer to global peers taking a more conventional approach on monetary policy.

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.

Cruse took off running, ignoring commands from officers to stop and throwing money from the bank robbery as he went. He is facing charges of robbery, fleeing or evading police, tampering with physical evidence and drug charges.

Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.

The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian grain exports at the end of 2024, the country's central bank said on Thursday.

After a combined 1 percentage point of interest rate cuts over the central bank’s previous three meetings, the policy-setting Federal Open Market Committee has signalled that it believes it now needs to pause and look for “further progress” towards hitting its 2 per cent inflation goal.

All eyes were on the Federal Reserve’s first policy update of the new year on Wednesday, but the Bank of Canada also drew its fair amount of attention.

The Riksbank cut its key interest rate by a quarter of a percentage point to 2.25%.

The head of the Czech National Bank wants to plough billions of euros’ worth of the country’s reserves into bitcoin, a groundbreaking move that could make it the first western central bank known to hold crypto assets.

Argentina's central bank cut its benchmark interest rate by 300 basis points to settle at 29%, it announced in a statement on Thursday.

ECB chief Christine Lagarde (pictured) said the single currency bloc was 'set to remain weak in the near term' as the rate was cut from 3% to 2.75%.