News/Monetary Policy
Colombia’s rate hike prompts government backlash
Finance minister Germán Ávila exits Banrep board in protest at 100 basis point tightening
Mexico surprises markets with rate cut in split decision
Central bank faces headwinds from weak growth and oil shock
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
BoE’s Greene warns of lasting inflation from Iran war
MPC member says energy prices could stay higher even after conflict ends
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
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
Brazil starts easing with cautious rate cut amid oil shock
BCB says Middle East conflict has intensified domestic inflation risks
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
Fed holds amid uncertainty over oil shock and tariffs
Powell pledges to stay on as interim chair if Warsh’s nomination is not confirmed in Senate
Canada holds rates amid potential energy shock and jobs downturn
Governor Macklem says sustained higher prices would warrant monetary response
Indonesia holds rates and adjusts FX rules to stabilise rupiah
BI says Middle East conflict provides greater reason for fiscal-monetary policy co-ordination
Australia hikes rates to combat inflation
RBA says price rises are result of capacity pressures, and persistent oil rally may worsen situation
Peru’s central bank holds rates as inflation picks up
BCRP says bad weather, domestic gas shock and fallout from Middle East conflict will push up prices
RBI buys bonds as Iran war threatens economic outlook
Economists expect central bank to stay on hold, despite risk of higher inflation and lower growth
NBU governor calls for EU probe into asset seizure
State-owned bank’s staff now released from custody, but assets remain in Hungary