Our Scans · (FS.1.02) Central Banking · Weekly Summary

• [New] Geo ­ economically, the internationalization of the RMB gives China the opportunity to safeguard and expand its monetary and fiscal policy sovereignty and to reduce existing vulnerabilities vis-a-vis the United States. Stiftung Wissenschaft und Politik (SWP)
• [New] The Bank of England is expected to move cautiously on interest rates amid mixed signals. CPA | The Credit Protection Association
• [New] 95% of respondents expect global central bank gold reserves to rise over 2027, reflecting a near-unanimous bullish outlook among monetary authorities. investing.com
• [New] While the Federal Reserve is expected to cut interest rates, potentially making cash less attractive, persistent inflation erodes purchasing power, particularly for middle and lower-income households whose wages have not kept pace. Kavout
• [New] Turkey's central bank is expected to keep rates on hold at 37.0% for a second straight meeting. Brown Brothers Harriman
• [New] Fed Funds futures repriced aggressively on Friday - traders shifted from pricing the central bank remaining on hold well into 2027 to now pricing a resumption of rate cuts by late 2026, with December becoming the most-probable first-cut window. investing.com
• [New] The Bank of England is testing the risks to the financial system caused by AI by conducting scenario analysis and simulations. Insurance Journal
• [New] The rise in UK interest rate expectations could harm growth as much as the energy price shock itself. City AM
• [New] The Fed is still likely to leave its benchmark overnight interest rate in the 3.5% -3.75% range at its meeting later this month, with inflation still showing little progress in recent months and new risks surfacing around its direction. MarineLink
• [New] Bank of England says it is testing systemic AI risks The Bank of England said it is testing risks that artificial intelligence could pose to the financial system. Prompt Injection
• [New] Lingering inflation could prompt the Fed to raise interest rates in response later in 2026, although there's just about 100% certainty the Fed will hold rates steady come their next rate-setting meeting. Yahoo Finance
• [New] Despite investors betting that the Bank of England is set to raise rates at least once in 2026, the IMF expects UK monetary policy to be kept on hold in 2026. James Sharp & Co.
• [New] In 2026, around 750 billion tenge is expected to be allocated for spring sowing and harvesting operations, with a final interest rate of 5% per annum for agricultural producers. "Inform"
• [New] Oil above $100 per barrel presents the most immediate 2026 headwind, threatening to reignite inflation and curtail central bank easing. / Chile The Rio Times
• The European Central Bank left its policy rate unchanged at 2.0% while aiming to bring back inflation to its 2% target and balancing the risk that higher energy costs could both lift inflation and weigh on growth. Callan
• The US Senate has passed a bill banning the Federal Reserve from issuing CBDCs until 2030. Sumsub
• Central Bank Digital Currencies will be shaped by the things that have always decided which currencies are the most important, in the world. seaglobalfx
• Tariff clouds are clearing, most central banks have dialled back restrictive monetary policy, and in aggregate the world will benefit from additional fiscal stimulus in 2026. Global English
• As the US-Iran conflict emerges as the dominant near-term driver of global financial markets, institutional allocators are confronting an abrupt and simultaneous repricing of energy assets, central bank policy trajectories, and equity risk premia that few year-end models anticipated. The Norfolk Daily News
• In a significant financial technology advancement, South Korea's insurance development institute and central bank have launched a groundbreaking initiative to create digital currency-based insurance products that could transform disaster response and financial protection systems nationwide. CryptoRank

Last updated: 23 April 2026