Monetary Policy

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

Risks are greater for small open economies, with energy prices affecting costs and wages more quickly, he says

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

[TOKYO] Japan’s recent foreign exchange intervention may have kept the yen from sliding below the 160-per-dollar mark but it is unlikely to have a lasting effect in propping up the sagging currency, f...

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

His knowledge of Japan is “unprecedented” for a Treasury chief, according to Ken Weinstein

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?

His early actions would show if he is a disciplined reformer or a politically convenient appointment

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

The central bank also sharply revises up its price forecasts and stresses vigilance to the risk of an inflation overshoot

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

It will be the first among a flurry of central banks seen as keeping policy steady this week

The Bank of England seeks to de-emphasise its central inflation forecast after being criticised for underestimating the size and persistence of inflation.

BOE set to stress test longer energy shock while holding rates

Its monetary policy committee is expected to leave borrowing costs on hold at 3.75% on Thursday

Shin takes office at a time of heightened global volatility, as geopolitical tensions, shifting trade dynamics and rapid technological change reshape the economic landscape.

Bank of Korea’s new chief signals flexible policy amid oil risks

Shin Hyun-song also highlights a longer-term need to reassess the role of the central bank

MAS raised its core and headline inflation forecasts to 1.5% to 2.5% for 2026, from 1% to 2% previously.

More monetary policy tightening moves on the cards this year: economists

April’s revisions seen as pre-emptive; inflation pass-through from Iran war yet to show up in data