Emmanuel Macron is moving fast to fill a central banking vacancy before his time ends next year. The president wants Emmanuel Moulin, a longtime economic insider, to take over the Bank of France when the current chief steps down in June. Moulin, 57, has spent decades in French economic circles, from
Central banks around the world now see stablecoins as a major financial challenge, not just a cryptocurrency experiment gone too far. These digital dollars, euros, or other currency-backed tokens have grown big enough to disrupt traditional banking in ways regulators never anticipated. Unlike bank d
Every few years seems to bring the same worry: major economies can’t handle surprises anymore. The latest worry comes from rising oil prices after the Iran conflict started. World finance chiefs are heading to Washington not just to talk, but because they feel stuck. They admit past solutions don’t
The Central Bank of Kazakhstan plans to put up to $350 million into crypto‑related investments, moving beyond traditional gold and foreign‑exchange holdings. This money will come from the country’s nearly $70 billion in reserves, a move that shows a desire to diversify assets with a relatively sm
Central bankers are standing their ground against politicians who want a say in how money is handled. In the U. S. , Fed Chair Jerome Powell has faced repeated criticism from President Donald Trump, who says high rates hurt growth. Across Europe, the pressure looks different: some officials ar
Brazil is considering a major shift in how investment funds are managed. The country's finance chief wants the central bank to take charge of overseeing these funds. This change could make the financial system more stable and secure. The idea came up after a bank called Banco Master SA ran into tro
Brazil's finance chief, Fernando Haddad, is pushing for a major shift in how the country's investment funds are overseen. He wants the central bank to take on this role, which is currently handled by the CVM, the securities regulator. This idea is still up for discussion among key government bodies,
Indonesia's central bank, Bank Indonesia (BI), is in the spotlight again. The president, Prabowo Subianto, has picked his nephew, Thomas Djiwandono, for a top role. This move has raised eyebrows, especially since Djiwandono isn't your typical central banker. He's a former businessman and current dep
India's approach to managing inflation seems to be working well. The country's central bank has a clear target: keep inflation around 4%. This goal has a bit of wiggle room, from 2% to 6%. This range is called a tolerance band. It's like a safety net to catch prices if they start to swing too much.
In the world of economics, few names stand out as much as Shamshad Akhtar's. She was a trailblazer, the first woman to lead Pakistan's central bank. At 71, she left behind a legacy that spanned decades and touched many aspects of Pakistan's economic life. Akhtar's career was marked by significant m
