Interest rates

New Zealand’s central bank done easing policy but risks are on both sides, top official says

[SYDNEY] New Zealand’s central bank is done cutting interest rates but there are risks on either side as policymakers gauge the strength of the consumer recovery and the path of inflation, said a top ...

Traders this year have eased back their expectations for when officials might next lower rates, though Fed funds futures contracts still suggest a cut is likely by June.

Fed minutes show several officials nod to rate-hike scenario

Trump has repeatedly said that he wants the next Fed chief to deliver lower interest rates

New Zealand’s pause comes at a time when global central banks are divided on policy as they grapple with disparate economic and inflation cycles.

New Zealand holds key rate, sees policy staying accommodative

The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year

A quarter of Japan’s total spending is funded by debt, of which roughly half is held by the BOJ after years of heavy money printing to reflate the economy.

IMF urges Japan to keep raising rates, avoid reducing sales tax

With inflation exceeding its 2% target for nearly four years, the BOJ has signalled its readiness to keep hiking rates

Bank Indonesia cut interest rates by a total of 150 bps between September 2024 to September 2025.

Bank Indonesia says there is room to cut interest rate further

[JAKARTA] Bank Indonesia has room to resume its interest rate cutting cycle to support economic growth, but such decisions will be data dependent, senior deputy governor Destry Damayanti said on Tuesd...

Spending can be an important consideration for monetary policy as private consumption accounts for more than half of gross domestic product.

Australia’s household spending surprisingly declines in December

Economists and financial markets expect another hike this year

The Fed vastly expanded its balance sheet during the global financial crisis and the Covid-19 pandemic to push down long-term interest rates.

US Treasury’s Bessent says Fed will take its time on balance sheet moves

[WASHINGTON] US Treasury Secretary Scott Bessent said on Sunday he would not expect the Federal Reserve to move quickly to shrink its balance sheet, even under Fed chief nominee Kevin Warsh, who has c...

Bank of England chief economist Huw Pill says it is important to make sure price growth does not go below target.

Bank of England cautious about risks from expected dip in inflation

[LONDON] Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an expected fall in inflation in April, and that it was...

The economy is expected to grow 7.4% in the current financial year and the government’s economic adviser has forecast growth at 6.8% to 7.2% next year.

India’s central bank keeps rates on hold after US trade deal

The central bank has now cut rates by a total of 125 basis points since February 2025