The rapid adoption of artificial intelligence (AI) could reduce wages, but so far it is creating – not destroying – jobs, especially for the young and highly skilled, research published by the European Central Bank (ECB) showed on Tuesday ( 28).
AI threatens wages, not jobs, European Central Bank study concludes Read more »
The European Central Bank (ECB) announced this Thursday (28) that it is adopting artificial intelligence (AI) to improve its understanding of inflation. The ECB believes that AI can help it identify trends and patterns in inflation that are not easily detectable by traditional methods.
The People's Bank of China (BPC, central) reduced a crucial interest rate this Thursday (15) and injected 33 billion dollars (159 billion reais) into financial markets, coinciding with the release of data showing a more fragile state of the world's second largest economy.
China's central bank cuts key interest rate to stimulate economy Read more »
During a management and business event in Brasília, the president of the Central Bank of Brazil, Roberto Campos Neto, said that the project-pilotthe Real Digital one should be released by the end of this month. Scheduled for 2024, the currency should be an option for tokenized banks with a wholesale focus. In addition to digital currency, Campos Neto also spoke about metaverse and new economies at the event, which took place last Monday (27).
Central Bank wants to launch project-pilotthat of Real Digital already in March Read more »
The Central Bank of Brazil (Bacen) is the main financial institution of the national economy. Bacen is an institution with complete autonomy, that is, it is not subordinate to other bodies. Understand better how this organ works.
Central Bank of Brazil: what is it and how does it work? Read more »
The future Minister of Finance, Fernando Haddad (PT), announced this Friday (30) the two women who will command the state banks in the new government of President-elect Lula (PT).
Women will take charge of the Central Bank and Caixa; find out more at Curto Flash Read more »
Apparently, the Brazilian Central Bank does not want to be left behind in the virtual race in the coming years. The entity's president, Roberto Campos Neto, stated this Tuesday (13) that he is interested in creating a central bank digital currency (CBDC). The speech took place during an event on digital security promoted by Poder360.
Digital real could come out in 2024, announces president of the Central Bank Read more »
Focusing on the future of the economy, the largest power in Southeast Asia, Indonesia, launches the digital rupee, the country's official currency that can be used in the metaverse. In a statement this Monday (5), the president of Indonesia's central bank, Perry Warjiyo, said that the nation's digital currency will be compatible with that of other central banks.
Indonesia's central bank launches digital rupiah with a focus on the metaverse Read more »
The Central Bank authorized this Friday (18) a change in the regulation of Visa payment arrangements. Thus, the company can put the Facebook Pay Program into operation. The change allows purchase transactions with Visa credit, debit and prepaid cards via WhatsApp.
The Central Bank's Economic Activity Index (IBC-Br), better known as the preview of GDP (Gross Domestic Product), shows a drop of 1,13% in August 2022, compared to the previous month. This was the biggest monthly retraction of the indicator since March 2021. Since last year, the IBC-Br results have been fluctuating, which shows an unstable economy.
Economic activity falls 1,13% in August, says Central Bank Read more »
