Monetary Policy

Saugata Bhattacharya stated there are few indications the Indian economy is overheating. He noted several factors that could shape growth and monetary policy.

18. kesäkuuta 2026 Raportoinut AI

Economy Minister Airlangga Hartarto and Investment Minister Rosan Roeslani urged state-owned banks not to rush in raising lending rates after Bank Indonesia lifted the benchmark rate to 5.75 percent.

The Reserve Bank of India's Monetary Policy Committee on Wednesday kept the key policy rate, the repo rate, unchanged at 5.25 per cent. Amid uncertainties from the West Asia conflict, the committee retained its neutral stance. It has lowered the GDP growth forecast to 6.9 per cent for FY27.

06. huhtikuuta 2026 Raportoinut AI

Banco Central president Gabriel Galípolo called for caution in Brazil's interest rate policy on Monday amid global uncertainties from the Iran war. Speaking at a seminar in Rio de Janeiro, he stressed taking safer steps to address inflation pressures. Former BC president Arminio Fraga criticized the government's fiscal policy for not supporting the central bank.

President-elect Donald Trump's nomination of Kevin Warsh as Federal Reserve Chair has led to a dip in bitcoin's price, as markets view him as potentially hawkish on monetary policy. Despite Warsh's past praise for bitcoin, analysts warn of short-term volatility if he tightens policy. Experts see long-term benefits for the cryptocurrency under his leadership.

19. helmikuuta 2026 Raportoinut AI

Federal Reserve Bank of Minneapolis President Neel Kashkari criticized cryptocurrency as utterly useless during a speech in Fargo, North Dakota. He questioned the practical value of digital assets and stablecoins compared to existing payment systems. Kashkari also defended the Federal Reserve's independence amid political pressures.