Interest rates
Brazil holds rates again but signals easing at next meeting
BCB may cut by half point in March as forward guidance is ‘explicitly dovish’, analyst says
Bank of Ghana slashes rates by 250bp
Institution says fiscal consolidation and plummeting inflation justified additional easing
Fed risks president’s ire by holding rates
Experts say decision was obvious way to go, given US labour market and inflation figures
Chile holds rates at 4.5%
BCCh in no rush to cut but says inflation likely to undershoot previous forecast in short term
Banxico to slow easing cycle in 2026
Tax reforms and tariffs on China expected to have one-off effects on prices, Mexican central bank says
Weak yen prompted BoJ’s December rate hike, minutes show
Japan likely to continue tightening, though board said it had ‘no specific pace in mind’
Uruguay slashes rates by 100bp to 6.5%
Peso gains against dollar as central bank tweaks meeting schedule to allow ‘necessary flexibility’
HKMA to double renminbi funding quota
Measure comes as Hong Kong announces collaboration with mainland over city’s gold trading system
BoJ holds rates as politics and sovereign bonds take spotlight
Decision closes out week in which JGB yields rose to historic highs after PM called snap election
Legal threat to Fed accelerates Asean+3 contingency planning
AMRO chief economist says central bank independence of paramount importance for stability
RBNZ head should have sought advice on Powell letter – ministers
Political leaders say they would still have supported Breman’s decision, regardless of advice offered
BoK leaves policy rate unchanged
Economists predict South Korean central bank will hold at 2.5% for remainder of year
China cuts lending rate for some sectors and flags room for more
PBoC deputy announces 25bp cuts to lending rate for agriculture sector, small businesses and others
Sticky fears about sticky inflation
Survey finds investors are not yet ready to declare victory on inflation – with good reason
NZ foreign minister attacks central bank chief for backing Powell
Breman told to ‘stay in her New Zealand lane’ after signing letter in support of Fed chair
Experts decry ‘show trial’ of Fed chair
Probe slammed as politically motivated attack on Powell for doing his job
Peru holds rate for fourth time in a row
Strong currency, stable inflation and healthy growth allow central bank to keep things as they are
RBA deputy says events in Venezuela point to age of extremes
Hauser says 2026 likely to be marked by high uncertainty and potentially benign outcomes
BoJ balance sheet shows policy normalisation progressing
Analyst says corporate debt sales proceeding, but equities selloff to take over a century at current pace
Russia makes 50bp cut, citing falling inflation
Central bank says pro-inflationary risks are still greater than disinflationary ones
BoJ raises policy rate to 30-year high
Japan’s central bank, as expected, hikes rate to 0.75% and indicates further tightening to come
Federal funds rate is not optimal, study warns
Dallas Fed research says transmission to other markets has deteriorated in recent months
BoE cuts rates by 25bp in another knife-edge decision
Doves see cold labour market while hawks fear ‘structural changes’ in wage-setting behaviour
How Bessent learned to stop worrying and love the T-bill
Short-dated issuance shows no signs of slowing. Some fear it could end badly.