The central bank is looking into how it can use large language models, similar to ChatGPT, for various purposes, Myriam Moufakkir, the bank’s chief services officer, wrote in a blog post.

"Central-bank digital currency" doesn’t exactly roll off the tongue. But you might want to get used to saying it. These so-called CBDCs, or digital versions of dollars, yuan, euros, yen or any ...

A central bank is a financial institution that is responsible for overseeing the money system and policy of a nation or group of nations, regulating its money supply, and setting interest rates.

Russia's central bank raised its key interest rate by 100 basis points to 13% on Friday, jacking up the cost of borrowing for the third meeting in succession in response to a weak rouble and other ...

In a recent interview, former International Monetary Fund (IMF) official Eswar Prasad discussed his new book and central bank digital currencies (CBDCs). He warned of helicopter drops of money and ...

Central-bank accounts could have reduced fraud and made administering stimulus payments easier, faster and more secure. A central-bank digital currency can also be a useful policy tool.

Turkey's central bank held interest rates at 50% on Thursday as expected but warned that a bump in recent inflation datalifted uncertainty, in a hawkish signal that could reinforce views that ...

The European Central Bank raised interest rates by a quarter of a percentage point Thursday and signaled another hike to come next month, unmoved by evidence of a mild recession in the 20 ...

Central Bank Digital Currencies are being designed with the intention to benefit society as a whole, including improved digital payments, financial inclusion, and financial stability.

The bank’s monetary policy committee, or Copom, reduced its key Selic rate to 13.25% from 13.75%, after raising it to that level in August 2022.

Philippines Central Bank Raises Rates by 75 Basis Points The central bank has now raised its policy rate by 3.00 percentage points since May By Ben Otto Nov. 17, 2022 2:42 am ET | WSJ Pro ...