Economics News on Monetary Brief

Federal Reserve Bank of Philadelphia President and CEO Patrick Harker emphasized the need for a "certain and deliberate" approach to monetary policy in light of ongoing economic uncertainties.

The Payments System Board of the Reserve Bank of Australia convened in June 2025 to discuss several significant issues related to the nation's financial infrastructure.

The National Credit Union Administration (NCUA) has released its financial performance data for the first quarter of 2025, showing an increase in total assets and loans outstanding for federally insured credit unions.

Speaking after the decision to maintain the policy interest rate at 2.75%, Deputy Governor Sharon Kozicki addressed the importance of using a variety of data and engaging with Canadians to make informed decisions.

The Federal Reserve Bank of New York has announced the appointment of Beth Gosch to its Community Advisory Group.

IBM has announced the launch of watsonx AI Labs, a new innovation hub in New York City aimed at accelerating AI development.

IBM and Roche have collaborated to develop an AI-enabled solution aimed at assisting individuals with diabetes in managing their condition.

The Bank of Canada has decided to maintain its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

The Bank of Canada announced today that it is maintaining the policy interest rate at 2.75%.

Trucordia has announced a strategic investment of $1.3 billion from Carlyle’s Global Credit platform.

AlpInvest Partners has successfully raised $4.1 billion for its AlpInvest Co-Investment Fund IX (ACF IX), surpassing the size of its predecessor fund, which closed at $3.5 billion in 2021.

Carlyle Europe Technology Partners (CETP) and Rabo Investments have announced a strategic growth investment in SurePay, a company specializing in payment verification software.

Australia's agricultural sector is a vital part of the national economy, contributing significantly to GDP, exports, and employment.

Last month, UC Berkeley researchers announced a breakthrough study where they managed to create a new color perception.

Deutsche Bank and IBM have announced an extension of their partnership through a strategic agreement.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Funnull Technology Inc., a company based in the Philippines, and its administrator, Liu Lizhi.

The Federal Reserve Bank of Philadelphia has announced the appointment of Bill Wafford to its Economic and Community Advisory Council (ECAC).

Carlyle and SK Capital Partners have announced the expiration of their tender offer to acquire all outstanding common stock of bluebird bio, Inc. The offer, which commenced on March 7, 2025, expired as scheduled at one minute after 11:59 p.m. New...

The National Credit Union Administration (NCUA) has issued a prohibition order against Desiree Canepa, a former employee of Antioch Community Federal Credit Union in Antioch, California.

The Federal Reserve Bank of Cleveland has announced the formation of its new Financial Markets Advisory Council.