Europe
Capital markets union faces ‘death by a thousand cuts’ – Lagarde
ECB president tears into European leaders’ inaction over innovation and wealth creation
Cipollone calls for team spirit to combat cyber attacks
ECB board member says supervisors and industry will need to collaborate more to tackle growing threat
Nature loss is key metric for supervisors – ECB board member
Elderson says central banks need to develop better ways to measure its impact on financial stability
Economists’ median salary falls below $30,000 a year
Annual budget of economics departments averages under $1 million
Central banks to maintain independence despite threats – panel
Top central bankers discuss Trump, AI and why they plan to ignore IMF on rate cuts
ECB vice-president warns of US AI bubble
Now is not the time to deregulate banks, says Luis de Guindos
Policy economists outnumber research colleagues
Economics FTE staff make up 4% of central banks’ overall employees, on average
Supervise crypto first, say BdF and French markets authority
French supervisors call for Europe-wide regulation of digital asset class
Economics teams tend to be tailored by institution
But hub and spoke model is prevalent among high income respondents
Fake it ’til you break it: the battle against disinformation
Transparency, beefed-up comms and AI are all being enlisted in central banks’ fight against falsehood
Bailey: UK must stay open for business
BoE governor calls for bridges to be built with EU countries and others
More volatility calls for greater agility – Schnabel
ECB official says new tools, including negative rates, may be needed in more disruptive age
People: New faces on IMF exec board
Plus, appointments at Deutsche Bundesbank and Czech central bank
Doing nothing is ‘least costly’ response to US tariffs – BoF blog
Costs will be borne by American firms and households, Bank of Finland analysis shows
Lagarde warns of widening climate finance gap
“We must adapt and become more resilient” in a fair and equitable manner, says ECB president
DNB tells banks to test ‘extreme but plausible’ political scenarios
Geopolitical risks become focal point of Dutch supervision strategy
Central bankers weigh up prospects for Project Nexus
Policy-makers from Asean states, India and EU discuss goals for multilateral cross-border payments link
ECB to introduce structural bond portfolio and LTROs – Schnabel
Executive board member says QT worries have not materialised
Europe’s central banks diverge on monetary policy
Norway holds, while Albania, Czech Republic and Sweden proceed with cuts
BdF deputy governor softens digital euro regulatory stance
Beau says central bank money is safer, more liquid and less volatile than stablecoins
Rate uncertainty means firms hire and invest less – BdF study
European companies hoard cash and reduce dividend payments when monetary stance is unclear