Interest rates

NEWS ANALYSIS

Powell defends independence of Federal Reserve

It will maintain trust in central banks that monetary policy will not be abused for short-term gains that might win elections

Markets are eyeing two quarter-point rate cuts this year, with the first not fully priced in until July, says Jean Boivin, head of the BlackRock Investment Institute.

Singapore, Asia markets end largely higher after Fed pause and MAS hold as focus shifts to earnings

Investor attention is shifting towards fundamentals and AI-linked growth themes in the region

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy, Washington, Jan 28, 2026.

US Fed holds rates steady, sees ‘elevated’ inflation and stabilising job market

Policymakers voted 10-2 to hold the US central bank’s benchmark interest rate

“If the euro appreciates further and further, at some stage this might create of course a certain necessity to react in terms of monetary policy,” says Kocher.

ECB may need fresh rate cut if euro strengthens, says Austrian central bank governor

Recent gains against the US dollar were ‘modest’ and did not require a response, he adds

The BOJ increased interest rates to a 30-year high of 0.75 per cent at the December meeting.

Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes

[TOKYO] A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in deciding when to raise interest rates again, minutes of i...

Fed chair Jerome Powell has earned a reputation as an unlikely champion of the old order's resistance to President Donald Trump's expansion of his presidential powers.
NEWS ANALYSIS

Fed’s first meeting of 2026 likely to be dominated by threats to central bank’s independence

The benchmark rate is likely to stay put at between 3.5 and 3.75%

Several officials, some close to Fed Chair Jerome Powell, have been signalling that rates are now in the right place to shore up employment and still keep downward pressure on inflation.

Fed to hold rates as political storm intensifies around Powell

The decision is likely to amplify the outrage of US President Donald Trump, who wants them slashed

Years of rate swings have left borrowers cautious, with many prioritising predictable monthly repayments even as floating rate packages get more attractive.

Floating rates are back on the radar, but fixed mortgages still rule Singapore’s home loans

After several years of rate volatility, many borrowers are placing greater emphasis on certainty

As widely expected, the central bank, led by Governor Kazuo Ueda (pictured), maintained short-term interest rates at 0.75 per cent by an 8-1 vote.

Bank of Japan keeps rates steady, raises growth and inflation forecasts

The central bank vowed to raise rates if economic and price developments move in line with its projections