Banking

Economist Gita Gopinath joins Raj Shamani's podcast to explain how money is actually created, breaking down the role of central banks, money printing and inflation in plain terms. The conversation is drawing large audiences, with hundreds of thousands of viewers engaging with the episode as clips of her explanations circulate widely.

A new open-source workflow engine called Waymark has been released on GitHub by developer Pierce Freeman. Unlike traditional engines that replay job logs to recover state, Waymark compiles jobs ahead of execution, an approach the author argues improves reliability and performance for orchestrating long-running tasks. The launch is drawing attention from developers discussing workflow and orchestration tooling.

Brazilian economist André Lara Resende, one of the authors of the Real Plan, has publicly accused the Central Bank of Brazil, and commentators are debating whether his criticisms hold up. The accusation has drawn heavy engagement online, with supporters and critics arguing over monetary policy, interest rates and the bank's independence. Many see weight in his intervention given his stature in Brazilian economic history.

Brazil's central bank has ended its cycle of interest rate cuts, keeping borrowing costs on hold as inflation remains persistently above target. The decision signals that policymakers are unwilling to ease further until price pressures show sustained declines. Markets and economists are watching closely for clues on when easing might resume, with the move reflecting concern that inflation expectations are not yet fully anchored.

Brazil's Central Bank has made changes to Pix, the country's instant payment system, and questions are circulating about exactly what the new rules mean for users. Commentators are breaking down the updates, prompting widespread interest in how the adjustments could affect everyday transfers and payments.

The Reserve Bank of Australia has raised interest rates to their highest level in 18 years, a significant tightening move amid ongoing concerns over inflation. The decision means higher borrowing costs for Australian households and businesses, with mortgage holders facing increased repayments. The move places Australia among central banks maintaining aggressive monetary policy positions.

Japan's currency, the yen, has weakened sharply against the dollar, creating headaches for US policymakers and exporters. A cheap yen makes Japanese goods more competitive abroad while squeezing American firms and complicating trade relations. Analysts are debating whether intervention or policy shifts could stabilize the currency, and the story is drawing wide attention amid ongoing global interest-rate uncertainty.