Interest rates

Inflation above ECB comfort zone in top economies backs hike

Softer inflation in Germany is unlikely to deter policymakers from tightening

Federal Reserve Bank of Kansas City President Jeff Schmid speaking at the Reykjavik Economic Conference in Reykjavik, Iceland, May 29, 2026.

Fed’s Schmid says officials must signal commitment to inflation

FEDERAL Reserve Bank of Kansas City President Jeff Schmid said he remained focused on elevated inflation and officials should make it clear they’re willing to do what is needed to achieve price stabil...

Asian central banks are leading the world in raising borrowing costs, with India’s policy decision next week a key focus.

Aggressive Asia hikes show few signs of stabilising currencies

Policymakers in developed nations are also signalling aggressive moves

BOJ policymakers are wary of prices picking up due to the war in Iran.

Tokyo inflation slowdown unlikely to derail Bank of Japan rate hike

The city CPI is considered a leading indicator for nationwide price trends

While President Donald Trump has said he wants Kevin Warsh (pictured) to act independently as Fed chair, political pressure to bring rates down isn’t far from the surface. 

Warsh’s new challenge: Containing Fed hawks as inflation simmers

Trump has said he wants Warsh to act independently as Fed chair

The BOJ kept its policy rate steady at 0.75 per cent last month but three of the central bank’s nine board members dissented, calling for a hike.

Bank of Japan’s rate hike timing secondary to economy’s readiness: ex-BOJ Deputy Governor Wakatabe

[TOKYO] Former Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday that the timing of a potential interest rate hike is less important than whether the economy can withstand tighter monet...

Shin Hyun-song, BOK governor, said: “Looking at prices, growth, FX rates, as well as real estate, steps we should be taking going forward is clear. The question is when, how quickly to raise them, and how far.”

Bank of Korea’s new chief reveals hawkish posture as price, FX risks grow

Central bank votes 5-2 to hold interest rates steady at 2.5%; analysts expect at least one rate hike by end-September

The Bank of Japan began disclosing the data from March to enhance communication on underlying inflation.

BOJ’s new trend gauge shows inflation exceeding target

At 2.8% in April, it is higher than 2.5% in March, the central bank reveals

The central bank says headline inflation is likely to remain above the target of 5 per cent in the period ahead, before easing and stabilising around it.

Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis

The Central Bank raised the overnight policy rate to 8.75% from 7.75%

Federal Reserve Governor Christopher Waller said the oil shock could dissipate soon, but  added, “I can no longer rule out rate hikes further down the road if inflation does not abate soon."

Fed’s Waller says next move as likely to be rate hike as cut

FEDERAL Reserve Governor Christopher Waller said he supports making clear the central bank’s next interest-rate move is just as likely to be an increase as a cut, as the energy shock from the Iran war...