Monetary Policy

THINKING ALOUD

MAS’ next decision may say more about growth than costs

The surge in global energy prices means inflation will remain high this year and moderate next year as supply-side pressures ease, says the central bank.

Thai central bank keeps key interest rate unchanged, as expected

Inflation risks remain tilted to the upside, as a slower-than-expected resumption in global energy supplies or continued shortages of key inputs to supply chains could further raise imported costs, say MAS and MTI.

MAS likely to hold in July as Singapore’s May core inflation undershoots forecasts: economists

MAS' latest survey shows economists' full-year median forecasts at 2.3% for headline inflation and 2% for core inflation, both up from 1.5% in the March poll.

Economists raise inflation projections, lower growth forecasts in first MAS survey since Iran war

The closure of the Strait of Hormuz has disrupted supply chains of various derived materials.

Central banks need ‘heightened vigilance’ over risks amid Middle East conflict: MAS chief economist

Former Bank of Japan Governor Haruhiko Kuroda said Japan’s economy was in “extremely good shape” and inflation was moving around the central bank’s 2 per cent target.

Ex-BOJ chief Kuroda sees yen intervention impact as short-lived

It will be US Treasury Secretary Scott Bessent's third trip to Japan in little more than a year.

Bessent’s unprecedented grasp on Japan policy tests Takaichi

Having cleared the Senate Banking Committee on a 13-11 party-line vote, Fed chair nominee Kevin Warsh is poised to succeed Jerome Powell after May 15.
THINKING ALOUD

Kevin Warsh’s Fed: Reform agenda or reputational risk?

Bank of Japan governor Kazuo Ueda says the central bank is mindful that its policy rate remains below levels judged to be neutral to the economy.

BOJ keeps rates steady but hawkish split points to June hike

Markets are focusing on the BOJ’s quarterly outlook report and comments from Governor Kazuo Ueda for clues on how the protracted Iran war affects its rate-hike path.

Bank of Japan set to keep rates steady as Iran war clouds outlook