Growth
Eurozone inflation expectations steady as job fears grow
ECB’s latest data signals inflation is stabilising, but downward shift in labour sentiment may be ahead
Leonie Dunn on Namibia’s technological advances
Deputy governor reflects on instant payments launch and digital transformation at the central bank, against a challenging macroeconomic backdrop
Nepal has greater stability, but now it needs growth – IMF
Fund’s mission chief says central bank reforms are among measures laying path for future prosperity
Jamaica and Uruguay hold rates
Central banks cite deteriorating geopolitical tensions and extreme weather as upside inflation risks
Sweden holds while Iceland tightens
Both Nordic central banks cite lingering inflation risk, but reach different conclusions
Warsh called for fewer FOMC meetings in July
Minutes show committee agreeing on above-target inflation but disagreeing over AI’s effect on prices
Europe’s main asset in digital race is its size, says Lagarde
ECB president says domestic barriers must be lifted so start-ups can drive innovation
UK has a new prime minister, but the same fiscal woes
Debt, spending and bond markets present challenges for Burnham and BoE, say former MPC members
Kenya, Mauritius, Namibia and Uganda all hold rates
Expert says El Niño weather event likely to drive greater rate variability in 2027
Comms staff need to reflect on how their messages are perceived
BoE’s Eric Tong discusses research probing how the public receives central bank messages via the media
Guinea taps IMF funding as it prepares major mining project
Central bank is expected to implement governance and transparency reforms
BCB signals tighter monetary policy for longer
Policy-makers say demand-driven inflation requires monetary policy to “remain tight”
RBA remains on hold and says inflation still too high
Economists predict interest rates in Australia will stay put until mid-2027
Destry Damayanti tapped to serve as Bank Indonesia governor
Expert says nominee, who has served as BI deputy governor since 2019, will be viewed as a safe pick by markets
Mexico and Nicaragua hold interest rates
Banxico revises upwards its forecast for hitting 3% inflation target; while Nicaragua expects inflation to remain “low and stable”
Thai economy needs monetary, fiscal, financial policy mix – BoT
‘Single policy tool insufficient to mitigate more frequent shocks,’ central bank says
Anchoring expectations ‘critical’ in energy shock – BIS researchers
Most significant shock since the 90s Gulf crisis “may warrant hiking rates more quickly”
RBI on hold as inflation climbs above target
Few signs of “generalisation of price pressures”, says Sanjay Malhotra
Colombia holds rates in surprise move
Banrep says Middle East conflict and El Niño could intensify inflationary pressures
BoJ holds as yen and won both rise on suspected interventions
Japan’s central bank more hawkish than at previous meetings as it keeps rates at 1%
Bolivia and IMF reach $1.9bn financing deal
Three-year agreement comes below country’s expectations of more than $2.5 billion
Jordan leaves key rate unchanged for fourth consecutive meeting
Most sectors of domestic economy operating normally despite conflict in region, says IMF
Federal Reserve holds rates with three members dissenting
Hammack, Kashkari and Logan push for 25bp rise in what FOMC chair says was a collegial ‘family fight’
Eurozone non-labour income used for saving, not spending – paper
Erosion in financial wealth dragged on consumption, Bank of Italy study finds