The Japanese yen plunged to a 40-year low against the dollar, igniting new concerns about potential government intervention to stabilize the currency amid rising market turmoil, CNBC reports
Browsing: monetary policy
India's Central Bank Chief stressed that discussions about a rate hike are still premature, underscoring a cautious and thoughtful approach amid the current economic climate. The RBI stays alert, meticulously monitoring inflation and growth patterns before making any decisions
The Bank of Russia sounds the alarm: soaring fuel prices and escalating war expenses threaten to ignite a surge in inflation, posing significant risks to the economy. Authorities are calling for heightened vigilance as cost pressures intensify
Canada's banking regulator has taken a bold and surprising step to unlock billions in fresh lending capacity, aiming to boost credit availability and ignite economic growth amid evolving market conditions, sources reveal
Brazilian economists have raised their interest rate forecasts ahead of the central bank's pivotal policy meeting, hinting at bolder moves to combat inflation, Bloomberg reports
The Bank of Japan has announced that Governor Kazuo Ueda has been hospitalized and will miss the upcoming policy meeting. The central bank has not yet released any further details about his condition
Germany plays a crucial role in shaping the European Central Bank's policy decisions. As the ECB battles inflation and drives economic recovery across the Eurozone, Germany's influence sends powerful waves through markets and helps safeguard financial stability
Japan's hopes for a rate hike remain alive despite softer-than-expected economic growth, signaling the Bank of Japan may be gearing up to tighten policy amid ongoing inflation pressures, reports the WSJ
India's central bank held its key interest rate steady, zeroing in on curbing inflation amid persistent currency swings. Attention is firmly fixed on the rupee as monetary policy skillfully balances the twin goals of driving growth and tackling external pressures
The rise of stablecoins sparks a fiery debate: Are we on the brink of crafting a digital mirror of Argentina's currency board? Experts warn of looming risks as nations boldly explore blockchain-backed monetary stability like never before
The Indian rupee jumped sharply early Tuesday but quickly gave up gains as investors turned cautious ahead of the Reserve Bank of India's crucial monetary policy announcement. Market volatility is set to remain elevated amid ongoing uncertainty surrounding possible rate hikes
The Reserve Bank of Australia is widely expected to hold its interest rate steady, according to UOB. Market experts predict an extended pause, as the Aussie dollar remains resilient amid cautious economic outlooks
United Kingdom retail sales plunged sharply in April, tumbling 1.3% month-on-month-more than twice the forecasted dip of 0.6%, according to the latest data from the Office for National Statistics. This unexpected drop underscores rising consumer caution amid ongoing economic uncertainty
Kevin Warsh was officially sworn in today as the new Federal Reserve chair. All eyes are now on him as experts anticipate bold moves to tackle inflation and steer the economy toward stability amid ongoing global uncertainties
Australia's unemployment rate has soared to its highest point in 4½ years, easing inflation concerns and casting doubt on any upcoming interest rate hikes, Reuters reports. The path to economic recovery now encounters new challenges
India's forex reserves surged by a striking $6.295 billion, reaching a formidable $696.988 billion, reports The Economic Times. This outstanding growth underscores powerful capital inflows and showcases the nation's unwavering financial strength amid global uncertainties
Japan's Katayama confirms a dynamic partnership with U.S. official Bessent on foreign exchange policy, emphasizing their shared dedication to preserving market stability amid global economic challenges, Bloomberg reports
Japan and the U.S. have once again solidified their powerful alliance on currency matters following recent market interventions, Kyodo News reports. United in purpose, they are determined to stabilize exchange rates and combat volatility amid persistent global economic uncertainties
Analysts have raised their inflation forecasts for Argentina in 2026, while scaling back their hopes for economic growth, according to the latest central bank poll. These shifts underscore the ongoing economic challenges and rising inflationary pressures confronting the nation
Japan's Mimura Yen made a decisive move once again, underscoring Tokyo's keen vigilance over the foreign exchange market. This bold step reflects Japan's growing alertness to yen volatility, stirring waves across global currency trading