Iran
European central banks opt to hold
Albania, Czech Republic, Poland, Serbia and Sweden keep rates constant
Schlegel suggests SNB prefers FX interventions to negative rates
President says central bank will adjust policy ‘if necessary’
RBI optimistic on India’s ability to withstand Iran war impacts
Central bank cites strong economic fundamentals, though warns inflation could rise
PBoC deputy says Iran war has worsened EMEs’ debt burden
Xuan Changneng calls for better global sovereign debt frameworks
BSP tightens to fight inflation caused by Middle East conflict
Governor says easing cycle is over as bank forecasts price rises of 6.1% this year and 4.1% in 2027
Indonesia holds policy as rupiah stabilisation efforts continue
BI says impact of Middle East conflict continues to affect currency’s value
Pakistan central bank seeks to reassure international investors
Governor says country in better position to weather shocks than before Ukraine war
BoK, RBNZ, SNB and Spain to ‘wait and see’ on Iran war
Governors say policy should consider longer-term price effects of Middle East conflict
EU-US relations ‘broken in a deep way’ by Trump 2.0 – Blanchard
Economist says 27-strong bloc must not take sides with Beijing or Washington
EMs could face capital outflow because of Iran war, IMF warns
Systemic impact from stress in private credit contained so far, latest financial stability report says
BoK holds as energy prices drive up inflation
Governor expects ‘considerable’ wait before supply chains return to pre-war levels
Poland and Serbia hold rates
Both central banks cite effects of Middle East conflict in explaining policy decisions
Governor says RBNZ will tighten policy if inflation rises
Central bank holds and offers ‘uncertain’ estimate of inflation being well above target
BoT likely to hike rates if others do, says assistant governor
Don Nakornthab says Thailand’s low inflation means tightening would also come later than elsewhere
Supply-side shock stuns central banks
The partial closure of the Strait of Hormuz raises fresh challenges for central bank policy-makers
Geopolitics becoming ‘key risk’ for central banks – panel
Experts at ECB conference say political upheaval now a greater concern than price growth
BoE faces its toughest test in four years
Path to contain inflation from supply-side shocks is different compared with 2022–23
Economists expect BoK to tilt hawkish under Shin
Expert says new governor to bring ‘distinctly BIS-influenced framework’ to South Korean central bank
Central banks in China, Hong Kong and Taiwan hold rates
Taiwan tilts hawkish, Hong Kong follows Fed and China expected to ease by 10bp this year
ECB holds rates, predicts 2.6% inflation for 2026
Lagarde presents gloomy outlook for eurozone inflation and growth as energy prices spike
SNB holds rates, vows to fight franc appreciation
Bank says short-term inflation pressures are high but will remain ‘virtually unchanged’ in medium term