monetary policy News

RBI Monetary Policy Committee Proposes Dual Inflation Rates for Enhanced Policy Making

Nagesh Kumar of the RBI's monetary policy committee suggests two inflation rates for better policy making, highlighting the need to exclude food prices influenced by seasonal facto...

ECB President Lagarde Open to Significant Rate Cuts Amid Economic Uncertainty

ECB President Christine Lagarde discusses the possibility of significant rate cuts, emphasizing data-driven decisions and the impact of energy prices on future policies. She also t...

BoE to Implement Quarterly Rate Cuts in 2025, IMF Predicts Steady Economic Growth

The IMF forecasts that the Bank of England will implement quarterly rate cuts in 2025 to sustain economic stability, projecting UK's growth at 1.6% in 2025 and 1.5% in 2026.

Cleveland Fed President Hammack Advocates for Patience on Further Rate Cuts Amid Inflation Concerns

Cleveland Fed President Beth Hammack calls for patience on further rate cuts, citing unresolved inflation and rate-of-change issues. Despite market expectations, she voted against ...

Gold Prices Surge by 1% Amid Speculations of Federal Reserve Rate Cuts in 2025

Gold prices rose 1% following Federal Reserve's Christopher Waller's statement on potential rate cuts in 2025. Silver and platinum also saw gains, while palladium prices fell, illu...

Bank of Korea Holds Interest Rates Steady at 3% Amid High Exchange Rate Concerns

The Bank of Korea has decided to keep the base rate unchanged at 3% due to concerns over a high exchange rate. Governor Rhee Chang-yong discussed the impacts of a strong U.S. dolla...

Fed's Austan Goolsbee Forecasts Optimistic Economic Soft Landing by 2025

Federal Reserve Bank of Chicago President Austan Goolsbee is optimistic about achieving a soft economic landing by 2025, citing progress in disinflation and the Fed's focus on PCE ...

Uncertain Economic Outlook: Fed's Williams Highlights Policy Impacts on Growth and Inflation

Federal Reserve Bank of New York President John Williams discusses the uncertain economic outlook, highlighting the impacts of various policies on growth and inflation. He projects...

OPEC Optimistic: Global GDP Growth to Hit 3.1% by 2025 Amid Economic Shifts

OPEC forecasts global GDP growth to reach 3.1% by 2025, with significant contributions from the US, India, and China. Economic expansion is contingent on falling inflation and caut...

Navigating Through Uncertainty: ECB's De Guindos Advocates for Cautious Monetary Policy

ECB Vice-President Luis de Guindos emphasizes the need for cautious monetary policy due to global uncertainties, including trade tensions and geopolitical risks, advocating for a d...

Reserve Bank of India Announces Major Portfolio Reassignment Among Deputy Governors

The Reserve Bank of India has reorganized the portfolios of its deputy governors following the end of Michael Debabrata Patra's term. M Rajeshwar Rao takes over key departments, ai...

Bank of Japan Contemplates Rate Hike Amid Economic Shifts

The Bank of Japan is considering a rate hike in its next policy meeting, with Deputy Governor Ryozo Himino stressing the importance of sustainable inflation growth and the challeng...

ECB's Vujcic Advocates for Gradual Rate Adjustments Over Sudden Cuts

Boris Vujcic of the ECB and HNB discusses the preference for gradual rate adjustments over sudden cuts, citing high inflation, wage growth, and geopolitical risks as key considerat...

ECB's Olli Rehn Predicts End of Restrictive Monetary Policy by Midsummer Amid Positive Inflation Trends

Olli Rehn, ECB Governing Council member, forecasts an end to restrictive monetary policy by midsummer, citing positive inflation trends. He also warns of geopolitical risks and the...

European Markets Dip in Premarket as Investors Await Key US Labor Report

European markets experienced a downturn in premarket trading as investors awaited the US nonfarm payrolls report, a key indicator for the Federal Reserve's monetary policy decision...

Boston Fed's Susan Collins Advocates for Gradual Monetary Policy Amid Inflation Concerns

Susan Collins, President of the Federal Reserve Bank of Boston, emphasizes a cautious approach to monetary policy, noting the resilience of the labor market and the persistence of ...

ECB Confirms Smooth Progress in Euro Area's Disinflation Journey Towards 2% Target

The European Central Bank reports smooth progress in the euro area's disinflation process, with inflation expected to stabilize around the 2% target. The ECB remains committed to i...

Singapore's Economy Surges: A 4.0% Growth in 2024 Signals Robust Recovery

Singapore's economy experienced a significant 4.0% growth in 2024, with a 4.3% rise in GDP in the fourth quarter. Experts predict continued growth in 2025, driven by shifting suppl...

Post-Festival Economic Slowdown Threatens Q3 Growth: Insights from Economists

Economists warn of a post-festival economic slowdown affecting Q3 growth, with key indicators showing a moderation in November. Despite a spike in October, GST growth and Manufactu...

China's Central Bank Vows to Ensure Ample Liquidity for Sustained Economic Growth

The People's Bank of China is focusing on maintaining ample liquidity and enhancing monetary policy tools to support economic growth. Plans include increasing money and credit supp...

Gold's Glorious 2024: Will the Precious Metal Shine Even Brighter in 2025?

In 2024, gold hit a record high of $2,790.12 per ounce, driven by geopolitical tensions, U.S. elections, and central bank policies. Despite challenges, analysts predict gold could ...

Dow Plummets Over 650 Points: Wall Street's Turbulent Start to the Week

Wall Street experienced a significant downturn on Monday, with the Dow Jones dropping over 650 points. Concerns over the Federal Reserve's monetary policy and year-end profit-takin...

US Stock Market Dips in Premarket Trading Ahead of Crucial Housing Data Release

The US stock market opened lower in premarket trading on the second last day of 2024, with investors focused on the pending home sales data. This data is crucial for predicting the...

China's Central Bank Governor Signals Potential Interest Rate Cuts Amid Economic Adjustments

PBoC Governor Pan Gongsheng suggests there is room for interest rate adjustments within the current monetary policy, while emphasizing a cautious approach to avoid yuan depreciatio...

Japan's 10-Year Bond Yield Hits Decade-High, Signaling Policy Shift

Japan's 10-year government bond yield has surged to 1.11%, marking its highest point in over 13 years. This rise is attributed to market expectations of tighter monetary policy ami...

Bank of Japan Urges Comprehensive Data Analysis Before Policy Shifts

The Bank of Japan emphasizes the importance of data review before adjusting monetary policy, amidst global uncertainties and the need to monitor wage negotiations, suggesting no ru...

Bank of Japan Governor Ueda Advocates for Prudence Amidst January Rate Hike Speculations

Bank of Japan Governor Kazuo Ueda stresses the importance of caution in shaping monetary policy, refraining from hinting at a potential January interest rate hike and emphasizing t...

Australia's Central Bank Stands Firm on Restrictive Monetary Policy

The Reserve Bank of Australia maintains a restrictive monetary policy to manage inflation, with a cautious approach to future data before considering policy relaxation.

Bank of Japan Anticipates a Gradual Economic Upturn Amid Cautious Rate Hikes

Bank of Japan's board members advocate for a cautious approach to rate hikes, with future increases contingent on inflation and economic trends meeting expectations. Uncertainties ...

Gold Prices Plummet to a 5-Week Low Amid Market Shifts

Gold prices drop to a 5-week low, influenced by the Federal Reserve's monetary policy signals and upcoming U.S. economic data. Analysts predict market consolidation pending key pol...

Fed's Goolsbee: Inflation to Shape Future Interest Rates

Fed's Goolsbee predicts inflation and unemployment will shape monetary policy, with a judicious loosening expected by 2025. He emphasizes maintaining labor market stability and adj...

Gold Ring Prices Climb Amid Global Bullion Surge: What's Driving the Trend?

Gold prices are on the rise globally, with the Federal Reserve's upcoming monetary policy decision playing a key role. Spot gold nudged higher, and U.S. retail sales data suggest a...