Middle East
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
Central banks face ‘double whammy’ from Iran war
Policy-makers will have to tackle impact of higher inflation and greater fiscal stimulus
Supply-side shock stuns central banks
The partial closure of the Strait of Hormuz raises fresh challenges for central bank policy-makers
Israel holds rates, citing war’s impact on growth and prices
Central bank says economic activity has declined and inflation risks are biased to the upside
Qatar boosts liquidity to support war-hit economy
Measures include loan deferrals, unlimited repo facilities and cut in reserve requirement
Norges Bank holds and signals future rate hikes
Job of tackling inflation ‘has not been fully completed’, says governor
As new gauge puts CPI above 2%, is BoJ prepping for a hike?
Revised data shows price growth at a level the bank said would trigger tightening
Geopolitics becoming ‘key risk’ for central banks – panel
Experts at ECB conference say political upheaval now a greater concern than price growth
Philippines holds rates at unscheduled policy meeting
BSP is latest central bank to highlight inflationary risks from current geopolitical developments
Iran war and persistent inflation will derail policy – panellists
Former St Louis Fed president joins ECB and BIS’s chief economists in outlining future paths
Backdrop to energy shock ‘more benign’ than in 2022 – Lagarde
ECB president says it is still too early to tell if rates will have to rise in response
Economists expect BoK to tilt hawkish under Shin
Expert says new governor to bring ‘distinctly BIS-influenced framework’ to South Korean central bank
ECB expects growth, even in ‘most severe scenarios’ – de Guindos
Outgoing vice-president downplays chances of Lagarde finishing her term early
Hyun Song Shin nominated as Bank of Korea governor
BIS’s former top economist says he will helm central bank at ‘critical juncture’
Russia eases amid Middle East conflict uncertainty
Central bank says it is too soon to estimate war’s likely impact on domestic economy
Czech Republic, Moldova, Sweden and Ukraine all hold
Riksbank also lowers rate for supplementary liquidity facility as liquidity starts to dry up
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
Bank of England holds rates and hints at hikes
MPC member says UK economy ‘damaged’ by energy shock as war triggers first unanimous vote since 2021
SNB holds rates, vows to fight franc appreciation
Bank says short-term inflation pressures are high but will remain ‘virtually unchanged’ in medium term
BoJ holds as Middle East conflict threatens higher inflation
Ueda says Japanese firms could pass on costs ‘more aggressively’ than after start of Ukraine war
UAE launches support programme for country’s banks
Central bank releases capital buffers and provides capital rule relief to help lenders during conflict