monetary policy

BOJ members push for faster rate hikes toward 2% neutral

The Bank of Japan released a summary of opinions from its June 15-16 policy meeting on Wednesday, revealing that several board members are pushing for additional interest rate increases to bring the central bank's policy rate closer to neutral levels.

ECB’s Lane warns inflation could stay above 2% ‘for quite some time’

European Central Bank President Christine Lagarde told the European Parliament on Monday that the euro zone is navigating a "middle scenario" on inflation — one that demands measured policy adjustment but not an aggressive tightening campaign. Her remarks came less…

Lagarde says ECB inflation shock warrants measured response

European Central Bank President Christine Lagarde told the European Parliament's Committee on Economic and Monetary Affairs on Monday that the euro area's inflation overshoot calls for a careful policy adjustment rather than an aggressive tightening cycle, arguing that longer-term price…

Euro zone yields dip as U.S.-Iran talks ease pressure on ECB

European government bond yields dipped on Monday as signs of progress in weekend peace talks between the United States and Iran eased concerns that diplomatic efforts to end the Middle East conflict were unraveling. But with ECB President Christine Lagarde…

BOJ April minutes reveal push for rate hikes ‘every few months’

Minutes from the Bank of Japan's April monetary policy meeting, released Friday, revealed that three of the nine board members had proposed raising the policy rate to 1% at that gathering — a move that was voted down at the…

ECB’s Wunsch says July rate hike possible if inflation persists

European Central Bank policymaker Pierre Wunsch said the ECB could raise interest rates again as early as July if inflation in the euro zone continues to spread beyond energy prices, even as the recent U.S.-Iran peace deal has eased some…

BOJ Gov. Ueda discharged after missing historic rate hike

Bank of Japan Governor Kazuo Ueda was discharged from the hospital on Friday, the central bank announced, ending a hospitalization that forced the 74-year-old to miss a historic rate decision earlier in the week.

ECB’s Lane calls rate hike a ‘delta response’ to inflation

European Central Bank Chief Economist Philip Lane defended the institution's recent interest rate increase on Friday at the Natixis International SSA Conference in Paris, characterizing the energy-driven inflation episode as a "mid-sized shock" that warranted tightening monetary policy.

Bessent pressed Japan to raise rates to 31-year high, Nikkei reports

The Bank of Japan's decision to raise interest rates to their highest level since 1995 was driven in part by pressure from US Treasury Secretary Scott Bessent, who urged Japanese officials to tighten policy sooner rather than later to avoid…

Central banks raise rates as war-driven inflation persists

Central banks across the world delivered a flurry of monetary policy decisions on Thursday, with several raising interest rates to combat inflation fueled by elevated energy prices stemming from the conflict involving Iran, while others held firm and signaled vigilance.

Fed signals rate hike as central banks globally pivot to tightening

Even as the United States and Iran signed a memorandum of understanding on Wednesday aimed at ending months of conflict and reopening the Strait of Hormuz, central banks across developed economies are moving in the opposite direction from what peace…