China is accelerating its drive to transform the renminbi into a global powerhouse, expanding its influence across international trade and finance. This ambitious move aims to challenge the dominance of the US dollar and boost China’s economic impact worldwide
Browsing: monetary policy
Argentina’s inflation rate has impressively dropped to 1.5% under Javier Milei’s dynamic leadership, signaling a remarkable economic turnaround. Bold reforms and strict fiscal discipline have been crucial in restoring stability to the nation’s economy
Australia’s CPI inflation slowed more than expected in May, easing pressure on the Reserve Bank and sparking renewed market optimism about potential rate cuts. Investors are now eagerly watching upcoming economic data for new clues
Beijing is racing to accelerate the launch of yuan-backed stablecoins, aiming to ignite a surge in digital currency adoption and strengthen China’s financial influence amid mounting global competition, reports the South China Morning Post
China is gearing up to turbocharge the yuan’s global reach with an exciting new operations centre, unveiled by the People’s Bank of China. This ambitious move aims to boost the currency’s international clout and speed up cross-border transactions like never before
Indian shares dipped on Monday, dragged down by escalating tensions in the Middle East and cautious investor sentiment as all eyes focus on the Federal Reserve’s upcoming policy decision. Traders are on high alert, searching for clear signals amid a storm of global uncertainties
The Bank of Japan held interest rates steady and announced a gradual easing of its bond purchase taper, signaling a cautious approach amid ongoing economic uncertainties, according to the Caledonian Record
The Bank of Japan kept interest rates unchanged and announced plans to slow down tapering bond purchases, signaling a cautious approach amid ongoing economic uncertainties. Markets are eagerly awaiting the next move
Japan has issued rare warnings about its bond market in the latest policy roadmap, highlighting growing concerns over rising yields and potential market turbulence, Reuters reports. This signals a careful shift in the nation’s traditionally steady monetary approach
The IMF’s 2025 Article IV Consultation for Spain highlights robust economic growth and improved fiscal stability, while emphasizing the need for continued reforms to boost productivity and address labor market challenges decisively
Japan’s ultra-long government bonds slipped as stock markets soared, capturing the cautious mood of investors amid ongoing stimulus discussions. Traders navigated the delicate balance between potential policy shifts and their impact on yields and equities
Argentina’s inflation is set to ease to 28.6% by year-end, Reuters reveals. This encouraging decline marks a significant shift from earlier highs, showcasing the government’s relentless efforts to stabilize the economy amid ongoing challenges
China’s central bank has injected a fresh wave of liquidity to ease worries over a potential cash crunch, underscoring its dedication to maintaining stable credit conditions amid slowing economic growth, reports the Wall Street Journal
The Bank of Canada held its key interest rate steady at 2.75%, underscoring ongoing uncertainties tied to tariff negotiations. With trade talks remaining unpredictable, the central bank chose a cautious approach amid a clouded economic outlook
The RBA is poised to deliver rapid rate cuts if economic instability arises from Trump’s policies, according to minutes that highlight a determined commitment to strengthening Australia’s economy amid global uncertainties
Japan has launched an ambitious economic policy roadmap aimed at boosting domestic ownership of Japanese Government Bonds (JGBs). This bold move seeks to enhance financial stability and reduce reliance on foreign investors, Reuters reports
Brazil’s economy stunned analysts by posting robust growth despite high interest rates. Bloomberg reports that strong consumer demand and export gains are fueling a surprising economic surge.
Germany has firmly rejected a proposed ceasefire, overturned a recent tariff ruling, and launched efforts to repatriate its gold reserves. These decisive moves highlight a dramatic shift in the country’s economic and geopolitical priorities
The Bank of Spain has raised a red flag about a slowdown in the growth of lending income, signaling potential hurdles for the financial sector. This shift could pose challenges to economic recovery efforts, sparking worries among both investors and policymakers.
Argentina’s black market for dollars is witnessing a notable decline as the government takes steps to relax stringent currency controls. This strategic shift is designed to bring stability to the economy, yet hurdles remain. With inflation and economic uncertainty still looming large, public confidence continues to waver.