Bundesbank President Nagel indicates the ECB may raise rates unless inflation and growth data show marked improvement. The European Central Bank is poised to raise interest rates further unless economic conditions improve significantly, according to Bundesbank President Jo
Norway’s central bank is expected to raise rates by a quarter point, signaling continued tightening amid inflation concerns. Norges Bank is set to increase its policy rate by 25 basis points to 4.25%, aligning with earlier guidance from its March meeting. The move reflects
ECB Governing Council member Robert Holzmann signals potential rate hikes if inflation data fails to improve soon. The European Central Bank could consider raising interest rates in the next few months if inflation does not show sufficient improvement, according to a Gover
Bank of England officials question reliability of recent UK growth figures, citing potential measurement issues. The Bank of England has expressed skepticism about the accuracy of recent UK GDP data, suggesting potential flaws in economic measurement. Officials indicated t
Bank of Japan minutes reveal officials considered tightening monetary policy amid prolonged energy supply risks from regional tensions. Several Bank of Japan board members indicated a willingness to raise interest rates if the Iran conflict extended energy market disruptio
The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Thursday, per the BoJ Minutes of the March meeting.
Bank of Japan held rates at 0.75% in March in an 8-1 vote, with minutes showing the board debated Iran war inflation risks and the danger of falling behind the curve on price stability. Summary: The Bank of Japan's Policy Board voted 8-1 at its March 18-19 meeting to keep
Bank of Canada Governor Tiff Macklem signals potential consecutive rate hikes if elevated oil prices sustain broader inflation pressures. The Bank of Canada held its policy rate at 2.25% last week but warned that persistent high oil prices could trigger further tightening.
Meetings with Japan’s PM, finance minister, and BOJ governor may address currency policy and economic coordination. US Treasury Secretary Bessent will meet separately on Tuesday with Japanese Prime Minister Sanae Takaichi, Finance Minister Satsuki Katayama, and Bank of Jap
A New York Fed report highlights disproportionate financial strain on low-income families due to surging gasoline costs. A New York Fed report reveals that rising gas prices are disproportionately affecting lower-income households, exacerbating financial pressure. The stud
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