Fed’s Daly Says Central Bank Communication Should Be Flexible
Federal Reserve Bank of San Francisco President Mary Daly said central bankers need to communicate with flexibility at times of uncertainty, given that using strong forward guidance sometimes “comes ...
Euro-Area Economy Needs More ECB Stimulus, Centeno Tells Stampa
The European Central Bank needs to provide the euro-area economy with “further stimulus,” Governing Council member Mario Centeno told Italy’s La Stampa.
China holds key lending rates as expected
Central bank keeps one- and three-year LPRs at 3% and 5% respectively
India's central bank cuts small finance banks' lending requirement to priority sectors
India's central bank on Friday reduced the mandated portion of lending that small finance banks have to extend to priority sectors such as agriculture and small businesses, lowering it by 15 ...
Japan plans deeper cut in super-long bond sales, no immediate buybacks eyed
Japan's government plans to cut scheduled sales of super-long bonds more than initially planned in a revision to its bond issuance programme for the current fiscal year, a document released by the ...
Bank of Mexico Seen Cutting Key Rate by 50 Basis Points Next Week
A further 50 basis point cut would take Banxico’s rate to its lowest level in three years, which could provide some relief to the weakening Mexican economy. But the majority of participants polled by ...
Fed’s Waller Suggests Central Bank Could Cut Rates in July
Federal Reserve governor Christopher Waller said the central bank could be positioned to cut interest rates at its July meeting, notwithstanding potential inflation pressures from tariffs. “I think we ...
Taiwan central bank says US debt rising too fast may impact trust in Treasuries
Taiwan's central bank governor warned on Saturday that rapidly rising U.S. debt could be "unfavourable" to the outlook for U.S. Treasuries and that U.S. President Donald Trump's trade policies have ...
Italy's market watchdog calls for ECB coordination as banking deals boom
Italy's financial markets watchdog Consob said on Friday a lack of regulatory alignment with the European Central Bank is creating friction in the oversight of a recent wave of Italian banking deals.
Philippines cuts policy rate by 25bp
Central bank points to improved outlook for inflation, as well as threats to growth from global events
Swiss central bank cuts interest rates to zero
ZURICH/LONDON/OSLO (Financial Times) -- The Swiss National Bank has cut interest rates by a quarter point to zero but did not go so far as negative rates, as it battles to restrain its currency, which ...
Trump rips into 'too late' Jerome Powell after Fed holds rates steady
President Donald Trump has long criticized Federal Reserve Chair Jerome Powell for not lowering interest rates.
Oil, war and tariffs tear up markets' central bank roadmap
Investor unease about an increasingly uncertain environment is rising, as Norway's shock rate cut on Thursday highlights how U.S. tariffs, Middle East conflict and a shaky dollar make global monetary ...
Brazil raises policy rate to 15% and signals ‘prolonged’ hold
BCB makes seventh consecutive hike; inflation trends downwards but still above target
MNB governor signs co-operation agreement with PBoC
The agreement was signed yesterday (June 18) in Shanghai, where Mihály Varga, governor of the Central Bank of Hungary (MNB), was meeting his Chinese counterpart Pan Gongsheng. Varga said that in the ...
Summers Sees Trump Naming ‘Respected’ Replacement for Powell
Former Treasury Secretary Lawrence Summers said he expects Donald Trump to name a mainstream candidate to replace Federal Reserve Chair Jerome Powell, despite the president’s bashing of the US central bank leader for failing to cut interest rates this year.
As war and tariffs fog the outlook, some central banks trim rates
The Swiss and Norwegian central banks became the latest European rate-setters to ease monetary policy on Thursday, citing a weaker inflation outlook that contrasted sharply with the Federal Reserve's ...
Japan's core inflation hits highest level since Jan 2023, putting pressure on BOJ to raise rates
The figure — which strips out costs for fresh food — was higher compared to expectations from economists polled by Reuters.
Japan's core inflation hits highest level since January 2023, putting pressure on BOJ to raise rates
The figure — which strips out costs for fresh food — was higher compared to expectations from economists polled by Reuters.
Japan's core inflation hits 2-year high, keeps rate-hike bets alive
Japan's core inflation hit 3.7% in May, the fastest annual pace in more than two years and keeping pressure on the central bank to resume interest rate hikes.
Japan’s Prices Climb by Most in Two Years Ahead of Election
Japan’s key consumer inflation measure accelerated to a fresh two-year high as Prime Minister Shigeru Ishiba gears up for a summer election and the Bank of Japan mulls the country’s price trajectory.
Japan’s Core Inflation Picks Up in May, Complicating BOJ’s Policy Steering
Persistent price rises further complicate the Bank of Japan’s policy steering amid tariff-related uncertainty.
BOJ board agreed to keep rate hike path, some saw need for pause, May minutes show
Bank of Japan policymakers agreed on the need to keep raising still-low interest rates, but some saw the need to pause for the time being due to uncertainty over U.S. trade policy, minutes of their ...
China keeps key lending rates steady after May cut as trade deal with U.S. eases growth worries
The People's Bank of China held the 1-year loan prime rate at 3.0% and 5-year LPR at 3.5%, according to a statement Friday.
Swiss National Bank cuts interest rate to zero as inflation slows
Switzerland's central bank has cut its interest rate to zero, a move that reflects a steady easing of inflationary pressure in the country.
Slow rate hikes could cause wage-price spiral, BOJ paper says
Hiking interest rates only gradually as raw material costs rise could heighten the risk of an upward spiral in wages and consumer prices, the Bank of Japan said in a research paper released this week.
Slow rate hikes could cause wage-price spiral, Bank of Japan paper says
TOKYO] Hiking interest rates only gradually as raw material costs rise could heighten the risk of an upward spiral in wages and consumer prices, the Bank of Japan said in a research paper released ...
Slow Rate Hikes Could Cause Wage-Price Spiral, BOJ Paper Says
While uncertainty over U.S. tariff policy has put the BOJ on hold in raising interest rates, Governor Kazuo Ueda has signaled the bank's resolve to keep pushing up borrowing costs if Japan stays on ...
Hong Kong stocks gain as PBOC’s benchmark-rate choice spurs optimism on economy
Stocks pare the week’s losses as central bank’s rate decision hints at sustained recovery in the world’s second-largest economy.
Analysis-Oil, War and Tariffs Tear up Markets' Central Bank Roadmap
Volatility was set to rise, some investors said, because a choppy dollar and oil prices whipped around by geopolitics meant that central banks were far less able to provide markets and investors a ...
BOJ to keep raising rates if economy improves, Governor Ueda says
Bank of Japan Governor Kazuo Ueda said on Friday the central bank will continue to raise interest rates if improvements in the economy keep the country on track to durably achieve its 2% inflation ...
Philippines Central Bank Cuts Rates to Boost Economy, Warns of Geopolitical Risk
The rate cut was in line with market expectations, as benign domestic inflation and headwinds from tariffs and global geopolitics backed the case for continued easing.
Swiss Central Bank Cuts Interest Rate to Deter Search for Safe Haven
Switzerland cut rates to zero to rein in the rapidly appreciating franc, which has acted as a safe haven for investors given raised concerns over U.S. trade policy and Middle East tensions.
China's Central Bank Seeks Bigger Role for Yuan on Global Stage
China's central bank chief has a vision for a more multipolar monetary system, preferably one in which the yuan plays a larger role on the global stage.
China’s Central Bank Seeks Bigger Role for Yuan on Global Stage
Pan Gongsheng, governor of the People’s Bank of China, called for an international monetary system in which “sovereign currencies coexist and compete with checks and balances.” ...
Central bank divergence: a wrap-up of the week's rate decisions
CNBC's Karen Tso takes a deep dive into the week's rate decisions, which saw signs of divergence between Europe's central banks and the U.S. Federal Reserve.
Trump rips into ‘too late' Jerome Powell after Fed holds rates steady
President Donald Trump has long criticized Federal Reserve Chair Jerome Powell for not lowering interest rates.
Analysis: Oil, war and tariffs tear up markets' central bank roadmap
Investor unease about an increasingly uncertain environment is rising, as Norway's shock rate cut on Thursday highlights how U.S. tariffs, Middle East conflict and a shaky dollar make global monetary ...
Rice prices in Japan more than double in May — core inflation jumps to highest levels since 2023
The figure — which strips out costs for fresh food — was higher compared to expectations from economists polled by Reuters.
May inflation data supports Bank of Japan action later this year
Headline inflation in Japan remained unchanged in May at 3.5 per cent and remains well above the BoJ’s 2 per cent target. The headline rate is being driven by elevated goods inflation, which was 5.3 ...
When is the Next Fed Meeting? Here's the Calendar
The Federal Reserve finishes its two-day meeting Wednesday with an interest-rate announcement scheduled for 2 p.m. ET, and a press conference with Chair Jerome Powell afterward. The central bank will ...
Trump rips Powell, suggests appointing himself to Fed
President Trump ramped up his criticism of Federal Reserve Chair Jerome Powell and suggested appointing himself to the central bank. “Maybe I should go to the Fed,” Trump mused at the ...
Chile holds rates at 5% again
Inflation slows and growth exceeds expectations, though war in Middle East adds uncertainty, BCCh says
Trump Calls Jerome Powell 'Stupid' For Not Cutting Interest Rates
President Donald Trump called Fed Chair Jerome Powell a "stupid person" for not lowering interest rates. "He's a political guy who's not a smart person." ...
What to Watch for as the Federal Reserve Meets
The Federal Reserve is set to release its latest decision on interest rates at 2 p.m. ET on Wednesday. The central bank is widely expected to keep rates steady, despite [heavy political pressure](
How to Watch Fed Chair Jerome Powell’s Press Conference
The Federal Reserve's interest-rate decision is due at 2 p.m. ET. Chair Jerome Powell will hold a news conference at 2:30 p.m. You can watch it live here: ...
Trump knocks Fed's Powell, muses about appointing himself to lead central bank
U.S. President Donald Trump on Wednesday knocked Federal Reserve Chair Jerome Powell for what he expected would be a decision not to lower interest rates and said the man he put in the role during his ...
Here’s how the stock market tends to react to Fed decisions — and how a twist this week could change that
U.S. financial markets will be closed Thursday in observance of the Juneteenth holiday. The Fed has never delivered a decision the day before a public holiday going back to at least 2000, according to ...