U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a "bridge" to the post-pandemic world.
The Bank of Japan's yield curve control (YCC) is drawing attention from other central banks, including the U.S. Federal Reserve, as a possible policy tool to help economies recover from the devastation caused by coronavirus pandemic.
An English court on Thursday said it would need to decide which of Venezuela's dueling political factions to recognize before ruling on President Nicolas Maduro's request for the Bank of England to hand over gold the country has in its vaults.
The coronavirus pandemic has spawned a new form of financial fraud in Russia, with people using medical goods purchases as a front for money laundering scams, the central bank said on Thursday.
Britain's economy is unlikely to recover fully from the "searing experience" of the coronavirus in the next two to three years, Bank of England policymaker Michael Saunders warned in the gloomiest medium-term assessment to date from a UK policymaker.
Annual inflation in Germany slowed further in May, remaining well below the European Central Bank's target, preliminary data showed on Thursday, providing further justification for stimulus.
Inflation eased in some German states in May, suggesting the national reading will also decelerate and remain far below the European Central Bank's target, providing further justification for extra stimulus.
Hungarian central bank Deputy Governor Marton Nagy unexpectedly resigned on Thursday, raising questions about the future direction of the bank's monetary policy.
Bank capital regulations need to be further adjusted to limit the impact of the coronavirus crisis on lenders' balance sheets, the head of France's central bank said on Thursday.
Britain's economy is at risk of taking longer to recover from the impact of the coronavirus than in the main scenario published by the Bank of England earlier this month, Governor Andrew Bailey said on Wednesday.
British finance minister Rishi Sunak will tell employers on Friday how much they must contribute to the government's hugely expensive wage subsidy programme from August, a prospect that some firms say will lead to more job losses.