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Bank of Korea Governor Shin Hyun-song addressing inflation concerns with economic data visuals.
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BOK governor vows proactive steps to tame inflation

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Bank of Korea Governor Shin Hyun-song said Wednesday the central bank will make proactive efforts to tame inflation until convinced prices are clearly heading toward the target level.

Saugata Bhattacharya menyatakan bahwa hanya ada sedikit indikasi ekonomi India mengalami panas berlebih. Ia mencatat beberapa faktor yang dapat membentuk pertumbuhan dan kebijakan moneter.

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Menteri Perekonomian Airlangga Hartarto dan Menteri Investasi Rosan Roeslani meminta bank-bank Himbara tidak terburu-buru menaikkan suku bunga kredit setelah Bank Indonesia menaikkan BI Rate menjadi 5,75 persen.

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.

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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.

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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.

 

 

 

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