Rate Brief — Currencies and central banks, read from the decision itself

Bowman cites new SVB review: supervisors knew the risks nine months before the failure

In Bangkok the Fed's Vice Chair for Supervision said 54 supervisory findings never forced SVB to fix its core risks and criticised the Basel Committee and FSB for repeating earlier reports.

Victoria Shinder15 Oct2 min read

Sterling

The Bank of England borrows to fund its own currency reserves

A market notice on 21 September runs under the framework set a year ago: two benchmark issues a year, professionals only, and reserves that are the Bank's own rather than the Treasury's.

Victoria Shinder22 Sep2 min read