Monetary Policy
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 stated there are few indications the Indian economy is overheating. He noted several factors that could shape growth and monetary policy.
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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.
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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.
Bank of Japan raises rates to 1%, highest level since 1995
torsdag, 4. juni 2026, 20:25Japan official calls forex intervention key tool to send message
søndag, 31. mai 2026, 21:58Reserve Bank of India expected to hold policy rate steady
fredag, 8. mai 2026, 23:40César Giraldo says rate hikes will not curb inflation
torsdag, 7. mai 2026, 07:14Central bank raises rates by 200 basis points amid rising inflation
onsdag, 18. mars 2026, 16:52Copom cuts Selic from 15% to 14.75% amid war uncertainties
søndag, 8. mars 2026, 18:31Fears over Exchange Fund use overblown, says Hong Kong dollar peg architect
lørdag, 7. mars 2026, 04:27Ibovespa falls amid global uncertainty from weak payroll and middle east war
tirsdag, 24. februar 2026, 19:57CBE governor and planning minister review monetary and economic policy coordination
mandag, 23. februar 2026, 23:33Petro attributes housing contraction to Banco de la República rates