Monetary Policy
Monetary Policy
Monetary Policy
Austria's Oesterreichische Nationalbank Is Watching Two Things Ahead of the ECB's July 24 Meeting: Energy Prices and Wage Data.
Monetary Policy
Colombia's Banco de la República Just Raised Its Benchmark Interest Rate Three Times in Six Months. Here Is the Full Picture.
Monetary Policy
Romania's Consumer Price Index Inflation Is at 9.7%. It Is the Highest in the EU. The National Bank of Romania Is Caught Between Two Painful Choices.
Monetary Policy
Japan Just Raised Rates to 1% for the First Time Since 1995. Here Is Everything You Need to Know.
Monetary Policy
Falling Oil Prices Have Changed the Rate Calculus for Central Banks Across Asia and Europe. Here Is How.
Monetary Policy
Federal Reserve Signals Higher-for-Longer Rates as Inflation Forecasts Rise
The US Federal Reserve surprised markets this week with revised inflation projections and explicit signaling of prolonged high rates. The updated Federal Reserve projections showed the median policymaker expecting modest tightening by year-end, a notable shift from March projections which had pointed to rate cuts, with nine of 18
Monetary Policy
Brazil's Central Bank Signals Caution on Rate Cuts as Inflation Surprises to Upside
Brazil's Central Bank delivered a cautious message this week, maintaining rate cuts but signaling potential pauses if inflation pressures intensify. While the central bank is still likely to continue cutting rates by 25 basis points at upcoming meetings, taking the Selic rate to 13.0% by year-end,
Monetary Policy
South Africa Raises Rates as Inflation Breaks Above Central Bank Comfort Zone
South Africa's Reserve Bank took decisive action this week, raising the repo rate from 10.25% to 10.5% in response to inflation breaching the central bank's comfort threshold. South Africa's inflation rate jumped from 3% to 4%, prompting the Monetary Policy Committee of
Monetary Policy
Zambia's Inflation Fell From 11.2% to 9.4% in One Month. A Maize Harvest Did Most of the Work.
The Bank of Zambia cut its key policy rate by 75 basis points to 13.5% on February 11, 2026, the second consecutive rate cut, after annual inflation slowed sharply from 11.2% in December 2025 to 9.4% in January 2026. The scale of that single month decline is
Monetary Policy
Mexico's Peso Gained 16% Last Year. Now the Central Bank Is Cutting Rates Anyway. Here Is the Logic.
The Mexican peso was one of the best performing currencies in the world in 2025, appreciating almost 16% against the US dollar in what analysts nicknamed the superpeso rally. That made Banco de Mexico's decision in March 2026 to resume cutting interest rates, reducing its benchmark rate by
Monetary Policy
Malaysia's Central Bank Has Held Rates at 2.75% for Almost a Year. The IMF Says That Is the Right Call.
Bank Negara Malaysia reduced its overnight policy rate to 2.75% in July 2025 and has held it steady since. That is nearly twelve months of unchanged rates in an environment where central banks across Europe, Australia, and parts of Africa have been actively moving their benchmarks in either direction,