Nigeria's central bank pledges to keep policy tight as it holds key rate again
Nigeria's central bank kept its monetary policy rate at 27.50% for the third consecutive time this year, pledging on Tuesday to maintain its current stance until inflation risks recede.
Hungary holds rates for 10th consecutive time
Economy continues to stagnate despite rising household lending
Trump aides to visit Federal Reserve Thursday amid renovation scrutiny
A group of White House officials are set to visit the Federal Reserve on Thursday amid escalating criticism of chairman Jerome Powell over renovations to the central bank’s headquarters.
Bessent Sees No Reason Powell Should Step Down From Fed
You had Scott Bessant on the wire this morning, says that saying that he doesn't see a case for the Fed chair to step down at this moment. But I mean, we know which way the wind is blowing when it comes to the whims of this administration.
Should Donald Trump fire Jerome Powell? Wilbur Ross weighs in
Former Commerce Secretary Wilbur Ross believes that President Donald Trump attempting to unseat Federal Reserve Chair Jerome Powell would result in a lengthy legal battle and few benefits for the president.
Powell Probably Keeping Rates High for Political Reasons, Trump Says
President Donald Trump criticizes Federal Reserve Chair Jerome Powell's building renovations and reiterates that Powell should lower interest rates. Trump said Powell is "probably" keeping rates high for political reasons.
Trumpworld duped by fake Jerome Powell resignation letter
Trumpworld was roiled momentarily on Monday after a fake resignation letter purportedly penned by Federal Reserve Chairman Jerome Powell started to make the rounds of high-profile MAGA social ...
Federal Reserve Banking Conference Avoids the Powell Drama
The Federal Reserve held a first-of-its-kind conference Tuesday to meet the banks they help regulate. The event was the creation of the Fed’s new top regulatory official, Michelle Bowman, and her ...
Central banks told to prepare for climate shock to labour market
Central banks risk being blindsided by climate-driven shocks to global labour markets unless they overhaul their approach to monetary policy, a report published on Wednesday by the London School of ...
Japan Carmakers Put Squeeze on Households With Higher Loan Rates
Japan’s automakers have begun hiking loan rates as a historic central bank pivot to unwind three decades of ultra-loose monetary policy trickles down to consumers, raising household credit costs.
Central Banks Told to Prepare for Climate Shock to Labour Market
FRANKFURT (Reuters) -Central banks risk being blindsided by climate-driven shocks to global labour markets unless they overhaul their approach to monetary policy, a report published on Wednesday by ...
Japan stocks surge, bonds slide after Trump says trade deal reached
Japanese automaker's shares led a surge in the Nikkei share average on Wednesday, while bonds slid after U.S. President Donald Trump said he had reached a trade deal with Tokyo.
BOJ's Uchida warns of downside risks to economy on trade uncertainty
Bank of Japan Deputy Governor Shinichi Uchida said on Wednesday that risks to economic activity and prices were skewed to the downside due to "extremely high" uncertainty over trade policy and its ...
Sri Lanka central bank holds rates on tariff uncertainty
Sri Lanka's central bank held its benchmark interest rate steady at 7.75% on Wednesday, pausing after May's surprise cut, to monitor the impact of U.S. tariffs on its economy and the transmission of ...
Nikkei surges in boost to Asia as Trump announces Japan trade deal
A rally in Japanese shares led Asian markets on Wednesday after President Donald Trump announced a trade deal with Japan and fuelled hopes of more to come, tempering the disappointment from U.S.
BOJ Deputy Gov Uchida: Will Continue to Raise Rates if Econ, Prices in Line With Projections
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Trump strikes trade deal with Japan to cut tariffs
Trump said the U.S. and Japan had struck a trade deal that includes a lower 15% tariff that will be levied on U.S. imports from the country, including autos.
Japan's Nikkei surges to one-year peak, bonds slide on US trade deal
Japanese automakers led a surge in the Nikkei share average to a one-year peak on Wednesday, while bonds slid after Tokyo reached a trade deal with Washington, ending a months-long stalemate.
BOJ paints gloomy view on economy, signalling go-slow on rate hikes
Bank of Japan Deputy Governor Shinichi Uchida said risks to economic activity and prices were skewed to the downside due to "extremely high" uncertainty over trade policy, signalling that the central ...
BOJ to hike rates this year despite uncertainties, economists predict
The Bank of Japan will raise its key interest rate by at least 25 basis points by year-end, a majority of economists said in a Reuters poll, although that could be swayed by global trade tensions and ...
Should Donald Trump Fire Jerome Powell? Wilbur Ross Weighs In
Former Commerce Secretary Wilbur Ross believes that President Donald Trump attempting to unseat Federal Reserve Chair Jerome Powell would result in a lengthy legal battle and few benefits for the ...
BOJ to hike rates this year despite uncertainties, economists predict: Reuters poll
The Bank of Japan will raise its key interest rate by at least 25 basis points by year-end, a majority of economists said in a Reuters poll, although that could be swayed by global trade tensions and ...
BOJ warns of risks to economy, says rate-hike path on course
Bank of Japan Deputy Governor Shinichi Uchida said risks to economic activity and prices were skewed to the downside due to "extremely high" uncertainty over trade policy, even as he reiterated the ...
Morning Bid: Surprise Japan Trade Deal Gets Others' Hopes Up
The dollar initially dipped against the yen but was last up 0.2% to 146.9 yen after the local Mainichi newspaper reported Prime Minister Shigeru Ishiba has made up his mind to resign following losses ...
China holds key lending rates
PBoC keeps one- and five-year LPRs at 3% and 3.5% respectively, as expected
Brazil Economists Trim 2026 Inflation Forecast in Boost for Central Bank
Central bank chief Gabriel Galipolo said in a letter earlier this month that inflation is expected to return to within the tolerance band by the end of the first quarter of 2026. Estimates for ...
Scott Bessent calls for probe into ‘the entire Federal Reserve institution’
US Treasury Secretary Scott Bessent has called for an inquiry into the “entire Federal Reserve institution”, in the latest sign of how top Trump administration officials are cranking up pressure on ...
Brazil economists trim 2026 inflation forecast in boost for central bank
Private economists polled weekly by Brazil's central bank trimmed their 2026 inflation outlook for the first time in over two months, according to a survey released on Monday, in a welcome development ...
‘I Won’t Be Going’: Canadians Explain Their US Boycott to the Central Bank
Canadians say they’re ramping up their boycott of US travel and products in response to US President Donald Trump’s tariffs, and the country’s central bank is taking notice.
Australia central bank wary of cutting rates too quickly, prudent to await more data
Australia's central bank judged lowering interest rates for a third time within four meetings was not consistent with its strategy of easing in a cautious and gradual manner, a reason that it shocked ...
‘Make Ishiba Go Away’: Japan’s LDP reels after historic defeat
Long-ruling party faces crisis with populists capturing working people’s vote as traditional rural base shrinks ...
Why is the US Federal Reserve refurbishment so controversial?
Russell Vought, director of the Office for Management and Budget, has compared the renovation to the building of the Palace of Versailles and described cost overruns as “outrageous”. He has also ...
Analysis-How Japan's election outcome muddles the BOJ's policy path
Japan's election outcome may put the central bank in a double bind as prospects of big spending could keep inflation elevated while potentially prolonged political paralysis and a global trade war ...
Moody's Says Sales Tax Cut Impact on Japan's Rating Will Depend on Scope, Permanence
Moody's has rated Japan A1, the fifth-highest level, with a "stable" outlook since December 2014. But it warned in a report in May that it may downgrade the rating "if prospects increase of a material ...
Moody's says sales tax cut impact on Japan's rating will depend on scope, permanence
Moody's Ratings said on Tuesday the potential impact of a cut to Japan's consumption taxes on the country's sovereign debt rating will depend on the "scope, magnitude and permanence." ...
Thailand Names Rate-Cut Advocate Vitai to Lead Central Bank
Thailand picked a rate-cut advocate with close ties to the government as its next central bank governor, defying concerns over a potential erosion of the monetary authority’s independence.
Thai cabinet approves Vitai Ratanakorn as next central bank chief, official says
Thailand's cabinet on Tuesday gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a government official said.
Thailand's next central bank chief champions rate cuts to revive growth
Vitai Ratanakorn, the incoming governor of the Bank of Thailand, by his own admission, will start his new job in October at a difficult time.
BOJ Is Said to See Little Impact From Election on Rate Views
Bank of Japan officials see little need to shift their policy stance of gradually raising interest rates in the wake of Prime Minister Shigeru Ishiba’s latest election setback, according to people ...
European shares dip as corporate results, trade anxiety weigh
European shares edged lower on Tuesday, as market sentiment soured over fading U.S. trade deal prospects, while investors parsed corporate earnings for insights on tariff and currency-related impact.
Thai cabinet picks Vitai Ratanakorn as next central bank chief
Thailand's cabinet gave its approval on Tuesday for Vitai Ratanakorn to take over as the next central bank governor and revive an economy in the doldrums with limited monetary policy room to work with ...
Trump ally accuses Powell of lying under oath, recommends criminal charges
The move comes amid ongoing pressure from President Trump and his allies, who continue to call for Jerome Powell's removal.
How Japan's election outcome muddles the BOJ's policy path
Japan's election outcome may put the central bank in a double bind as prospects of big spending could keep inflation elevated while potentially prolonged political paralysis and a global trade war ...
GOP’s Luna Refers Powell Perjury Claim to Justice Department
Republican Representative Anna Paulina Luna has asked the Department of Justice to consider investigating and prosecuting Federal Reserve Chair Jerome Powell for allegedly lying under oath in testimony before a congressional committee.
US Treasury Chief: No Need for Fed's Powell to Step Down Right Now
There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions.
FACTBOX-Vitai Ratanakorn picked as Thailand's next central bank governor
Thailand's cabinet on Tuesday approved Vitai Ratanakorn, a state-owned bank head and former private sector executive, to be the country's next central bank governor. The cabinet's approval of the ...
Bessent Sees No Reason for Powell to Step Down From Fed Now
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down.
Trump declines to say Powell should quit. 'He's going to be out pretty soon anyway.'
President Donald Trump kept up his criticism of Federal Reserve Chair Jerome Powell Tuesday but stopped short of saying he should resign. Asked during an Oval Office appearance with Philippine President Ferdinand Marcos Jr.