BOJ Rate Hike Bets Rise as Japan's Inflation Hits 19-Month High
Japan's core consumer inflation surged to a 19-month high of 3.2% in January, Reuters reports, bolstering expectations that the Bank of Japan (BOJ) will continue raising interest rates. The inflation data, released on Friday, exceeded a median market forecast of 3.1% and followed December's
BOJ Ready to Step Up Bond Buying Amidst Yield Surge
Bank of Japan (BOJ) Governor Kazuo Ueda signaled Friday that the central bank stands ready to increase government bond purchases if long-term interest rates spike, Reuters reports. This comes after recent yield increases, reaching their highest levels in about 15 years.Ueda clarified that the BOJ's primary approach
BOJ isn't fretting much about rising bond yields - for now
Investors in Japan's government bond market are getting a glimpse of life without heavy intervention by the Bank of Japan, which is showing little sign of reverting to a hands-on approach despite the ...
China's central bank pledges financial support for private economy
China's central bank vowed on Thursday to provide strong financial support for the healthy development of private economy and the growth of private enterprises.
Fed Minutes Show Concern Over Trump Policies and Inflation
The Federal Reserve expressed concerns about the potential for President Trump's initial policy proposals to drive up inflation. This concern was discussed at the central bank's January 28-29 meeting, a week after Trump's inauguration, as reported by Reuters, citing the meeting's minutes.
Fed Can Takes Its Time on Rate Decisions, Says Fed Vice Chair
Federal Reserve Vice Chair Philip Jefferson stated that the US economy's strength provides policymakers with the flexibility to carefully consider future interest rate adjustments, Bloomberg reports. His comments suggest a more cautious approach to further easing of monetary policy.Delivering prepared remarks Wednesday at an event at Vassar
European Central Bank’s annual loss hits record €7.9bn
The European Central Bank’s loss ballooned to a record €7.9bn last year, as its interest rate payments on its own financial liabilities rose as a result of its decision to increase borrowing costs.
BOJ Governor Blames US Weakness for Summer Market Volatility
Bank of Japan Governor Kazuo Ueda attributed the sharp fluctuations in currency and stock markets last summer primarily to investor concerns over weak US jobs data and the potential for a US economic slowdown, as reported by Reuters.Speaking to parliament on Tuesday, Ueda acknowledged that the BOJ's
Thailand's central bank and government must work together, PM says
Thailand's government will push for 3.5% economic growth this year and will seek to work closer with the central bank to support small businesses, Prime Minister Paetongtarn Shinawatra said on Tuesday ...
Japan braces for BOJ to lift rates sooner and higher
Hawkish comments from the Bank of Japan and sticky inflation are lifting bond yields to multi-year highs and pushing forward rate hike expectations, shaking long-held views that rates would not rise ...
China January bank lending hits record high on policy stimulus
New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy economic recovery, reinforcing expectations for more stimulus in coming ...
What's Happening in EM: Asia Central Banks Defend FX
Singapore-based Catherine Bosley joins Zijia Song to discuss how central bankers in India, Indonesia and Malaysia are tapping into derivatives products to defend their currencies against a strong ...
Markets Weekly: Trump vs the World Puts Rate Cuts at Risk
President Donald Trump's aggressive trade policy has thrown down the gauntlet, not just to America's trading partners, but also to the Federal Reserve. With a flurry of new tariffs, threats of more to come, and a clear desire for lower interest rates, Trump has created a
Fed's Williams: Current Interest Rates on Track to Curb Inflation
Federal Reserve Bank of New York President John Williams expressed confidence that the current level of short-term interest rates will help bring inflation back down to the central bank's 2% target, according to remarks reported by Reuters.Williams' comments, delivered Tuesday in a speech before a gathering
Fed to Hold Rates "Quite a While" Despite Hot Inflation, El-Erian Says
Mohamed El-Erian, President of Queens’ College, Cambridge, and Bloomberg Opinion columnist, says the Federal Reserve will likely hold interest rates steady for a significant period following the release of a hotter-than-expected inflation report.In an interview on Bloomberg Television, El-Erian stated that the Fed, if truly committed to its
US Inflation Unexpectedly Heats Up, Reinforcing Fed Pause
US inflation unexpectedly accelerated in January, further dampening hopes for near-term interest rate cuts, Bloomberg reports. The news, which follows a Wednesday report from the Bureau of Labor Statistics, is likely to keep the Federal Reserve on hold for the foreseeable future.The Consumer Price Index (CPI) rose 0.5%
Fed's Williams says monetary policy is in right place to achieve Fed goals
Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should help get inflation back to the central bank's 2% target, in comments that ...
Almost a third of central banks delaying digital currency plans, report shows
Nearly a third of central banks have pushed back launching digital versions of their currencies, a new survey shows, although a desire to protect their money-minting powers mean most still intend to ...
How low can European rates go?
In frequently declaring their monetary policy setting to be “restrictive”, European Central Bank president Christine Lagarde and Bank of England governor Andrew Bailey have raised the immediate follow ...
Futures dip as Powell speech in focus for tariff, inflation comments
U.S. stock index futures slipped on Tuesday as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on tariffs and their impact on inflation in the world's biggest ...
Trump's tariffs spur economic uncertainty, impact on inflation less clear, ECB's de Guindos says
Trade tariffs announced by U.S. President Donald Trump could trigger economic uncertainty but the impact on inflation is less clear, European Central Bank Vice President Luis de Guindos said on Monday ...
US High School Economics class: ‘Neutral’ rate not driving monetary policy, say ECB officials
When would an unbiased economic adviser recommend implementing a policy rate below the estimated neutral rate?
Fed Monetary Policy Report flags solid economy, elevated markets
The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, was upbeat about the state of the economy but warned about some concerning aspects of the financial system.
Fed Monetary Policy Report flags solid state of US economy
The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary policy stance that will be driven by incoming economic data.
Leaving Fed behind, top central banks have room to ease
Central banks around the globe have plenty of room to keep cutting interest rates, and a limited "decoupling" from the U.S. Federal Reserve could continue as it pauses its own policy easing, according ...
India central bank set to allow trading in bond forwards
The Reserve Bank of India is set to allow trading in bond forwards that long-term investors can use to manage their interest rate risk, the central bank said on Friday.
Central banks grapple with uncertainty in 2025's foggy economic landscape
The grouped bar chart shows the policy rate for G10 central banks on Feb. 4, 2025 and the market implied rates at the end of July 2025.
ECB Walks Fine Line on Inflation as US Tariffs Loom
European Central Bank (ECB) Chief Economist Philip Lane warned against excessive caution in cutting interest rates, while simultaneously expressing concern over the persistence of below-target inflation, as reported by the Wall Street Journal.Speaking in Washington, D.C., Lane emphasized the need for a "middle path" in monetary
Fed Officials Express Growing Unease Over Trump's Tariff Impact on Inflation
Federal Reserve officials are increasingly vocal about their concerns over the potential inflationary impact of President Donald Trump's tariffs, CNBC reports. While the Fed typically avoids commenting on fiscal policy, the scale and breadth of the tariffs have prompted central bankers to highlight the potential risks.Speaking at