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central bank

Ireland faces major challenges to scale up construction, central bank says

DUBLIN (Reuters) - Ireland faces significant challenges to make construction more financially and practically viable to build the 52,000 homes needed per year from...

Central bank digital currency momentum growing, study shows

By Marc JonesLONDON (Reuters) - A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies,...

Russia’s strategy to rely more China’s yuan is backfiring

After the U.S. and its allies sanctioned Russia in 2022 for its invasion of Ukraine, Moscow turned away from the dollar and euro in...

The Fed welcomes a ‘soft landing’ even if many Americans don’t feel like cheering

WASHINGTON (AP) — When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring...

Argentina Ships Gold Bars Abroad to Be Financially Certified

(Bloomberg) -- Argentina’s central bank sent part of its gold reserves abroad in recent weeks to be validated for financial use, a move that...

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