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This series is dedicated to providing accurate and timely news about central banking, with a focus on monetary policy, financial stability and regulation for anyone looking to understand the policy of central banks and what central bankers think about the global economy.

Central Banking Series

Interest rates: Monetary policy is always political as central banks opt to back the financial sector

Sep 29, 2023 08:50 am UTC| Economy Central Banks Politics

As the Bank of Canada prepared to announce its decision on interest rates in early September, Tiff Macklem, the banks governor, received imploring letters from premiers spanning both the country and the political...

Central Banking Series

Why central banks should stop raising interest rates

Sep 28, 2023 02:49 am UTC| Insights & Views Economy Central Banks

Mortgage borrowers breathed a sign of relief following a recent pause in the Bank of Englands 14-month campaign of base rate hikes. Led by the US Federal Reserve, many of the worlds major central banks, including the...

Central Banking Series

Inflation: I've been analysing the Bank of England's forecast over the past two years – here's how they got it wrong

Sep 26, 2023 03:55 am UTC| Economy Central Banks

The Bank of England (BoE) has been strongly criticised for failing to predict the surge in inflation. Had it done so, it could have reacted more quickly and prevented inflation from rising as high as 11% in autumn...

Central Banking Series

The Federal Reserve held off hiking interest rates

Sep 23, 2023 03:19 am UTC| Economy Central Banks

Federal Reserve officials held interest rates steady at their monthly policy meeting on Sept. 20, 2023 only the second time they have done so since embarking on a rate-raising campaign a year and a half ago. But it is...

Central Banking Series

Underlying inflation has slipped below 6%, but is the slide enough to stop the RBA pushing up rates further?

Jul 27, 2023 08:46 am UTC| Economy

Australias inflation rate has fallen for the second consecutive quarter. After reaching a 30-year high of 7.8% at the end of 2022, annual inflation as measured by the Bureau of Statistics quarterly Consumer Price Index...

Central Banking Series

Reserve Bank veteran Michele Bullock becomes first woman governor, replacing Philip Lowe

Jul 17, 2023 13:00 pm UTC| Economy

The government has appointed Michele Bullock the new governor of the Reserve Bank the first woman to occupy the post. Bullock, currently deputy governor, replaces Philip Lowe, who has weathered strong criticism,...

Central Banking Series

Meet Michele Bullock, the RBA insider tasked with making the Reserve Bank more outward-looking as its next governor

Jul 17, 2023 12:59 pm UTC| Central Banks Insights & Views

Australias next Reserve Bank governor, Michelle Bullock the first woman in the job will take office in September at a time when much of the banks work in fighting inflation will be done and its focus will be on changing...

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Economy

Singapore’s SingTel Telecom Sells Trustwave Cyber Security Stake for $205M

SingTel, or Singapore Telecommunications, said on Monday, Oct. 2, that it is selling its stake in the cyber security firm called Trustwave. The telecom firm revealed that it had reached an agreement with MC2 Titanium LLC...

Bill Ackman Will Consider Investing in Elon Musk’s X Under SPARC Funding

Bill Ackman, a billionaire investor, said that he will definitely consider investing in Elon Musks X social media platform. He said a deal with the former Twitter site is possible with his new Special Purpose Acquisition...

Applebee's Brings Back 'Dollarita': An Affordable Treat for Customers

Applebees, the renowned casual dining restaurant, has answered the prayers of margarita enthusiasts everywhere. After a long anticipation of three years, the Dollarita is making a comeback and still comes with an...

Honda Korea Co. Looks to Revive Sales with Expanded Product Lineup

Honda Korea Co. is ramping up its product lineup to bounce back from a nearly 70 percent drop in sales during January-August compared to the previous year. The decline was primarily attributed to a lack of new...

Apple Works on iOS Update to Address Overheating Issues in iPhone 15 Models

Apple is attributing the heating concerns with its recently released iPhone 15 models to a software bug and problems associated with popular apps like Instagram and Uber. Reports of the devices becoming uncomfortably warm...

Politics

Feinstein's death raises the question: How are vacant Senate seats filled?

Theres an empty seat in the U.S. Senate now that Californias longtime and senior senator, Dianne Feinstein, has died. And, following the Sept. 22, 2023, federal indictment on bribery and other charges of U.S. Sen. Bob...

Foreign policy has been missing from NZ's election campaign – voters deserve answers to these big questions

Tax cuts, crime, the cost of living, potholes and co-governance … these and various other issues are now familiar to most voters. But there has been one major election area missing the serious debate it needs:...

Closer relations between Australia and India have the potential to benefit both nations

The structure of Andrew Charltons Australias Pivot to India is built on three promises: the promise of India; the promise of the Australia-India relationship; and the promise of the Indian diaspora becoming a powerful...

AI disinformation is a threat to elections − learning to spot Russian, Chinese and Iranian meddling in other countries can help the US prepare for 2024

Elections around the world are facing an evolving threat from foreign actors, one that involves artificial intelligence. Countries trying to influence each others elections entered a new era in 2016, when the Russians...

Can Biden bounce back as the US presidential race turns nastier?

Antagonism between the two expected candidates for US president in 2024 is ramping up as the political battleground turns increasingly nasty. US president Joe Biden suggested that Donald Trump and his allies pose a...

Science

A search for links between two of the universe's most spectacular phenomena has come up empty – for now

Every so often, astronomers glimpse an intense flash of radio waves from space a flash that lasts only instants but puts out as much energy in a millisecond as the Sun does in a few years. The origin of these fast radio...

Temporary carbon storage in forests has climate value — but we need to get the accounting right

Forests and other natural carbon reservoirs play an important role in slowing and potentially reversing the effects of climate change. But any carbon stored in nature is vulnerable to either natural or human-caused...

Just 3 Nobel Prizes cover all of science – how research is done today poses a challenge for these prestigious awards

Ive been primarily an experimental chemist the kind of person who goes into the laboratory and mixes and stirs chemicals since the beginning of my career in 1965. Today, and for the past 15 years, Im a full-time...

Your microbes live on after you die − a microbiologist explains how your necrobiome recycles your body to nourish new life

Each human body contains a complex community of trillions of microorganisms that are important for your health while youre alive. These microbial symbionts help you digest food, produce essential vitamins, protect you from...

New study shows we can create value from food waste by turning it into a highly desirable material – nanocellulose

Food waste is a global problem with approximately 1.3 billion tonnes of food wasted each year throughout the food lifecycle from the farm to food manufacturers and households. Across the food supply chain, Australians...

Technology

Intel Ramps Up 'Landmark' Production Using EUV Lithography Machines in Ireland

Intel announced on Friday that it has commenced high-volume production utilizing extreme ultraviolet (EUV) lithography machines at its $18.5 billion plant in Ireland. This development is pivotal for Intels effort to regain...

Virtual reality can help emergency services navigate the complexities of real-life crises

The UK has experienced several terrorist attacks, from the 2005 London bombings, to the devastating events at Manchester Arena and London Bridge in 2017. These tragic incidents not only resulted in the loss of innocent...

PlayStation Chief Jim Ryan to Retire; Hiroki Totoki Named Successor

Sony Group Corporation announces PlayStation CEO Jim Ryans retirement in March 2024, heralding a transition to new leadership under Hiroki Totoki. Ryan is currently working as Sony Interactive Entertainment LLCs (SIE)...

OpenAI's ChatGPT Now Surfs Web for Real-Time Information Access

OpenAI unveils an upgraded ChatGPT that can browse the internet, offering users real-time, authoritative information and enhanced data coverage from various sources. OpenAI, which is backed by Microsoft, said on...

Is TikTok right – will eating three carrots a day really give me a natural tan?

A beauty trend gaining popularity on TikTok, dubbed the carrot tan, claims eating three carrots a day will give you a natural tan. But can this really give you a natural glow? And is it healthy? Why would carrots...
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