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The Politics of the Reserve Bank: A Debate on Its Independence and Impartiality

The Politics of the Reserve Bank: A Debate on Its Independence and Impartiality The Reserve Bank of New Zealand (RBNZ) is facing criticism as it tries to restore price stability amidst the pandemic's chaos and the general election run-up.

ECB Vice President de Guindos cautions of impending financial market volatility

ECB Vice President de Guindos cautions of impending financial market volatility The European Central Bank has recently published its May Financial Stability Review, and according to the report, the stability outlook for the euro area

Federal Reserve Holds Off on Rate Increase in June, Plans Future Hikes

Federal Reserve Holds Off on Rate Increase in June, Plans Future Hikes The Federal Reserve indicated yesterday that it is increasingly likely to maintain interest rates at their current levels in June. However, two policymakers,

Fed Signals Pause on Rate Hike in June, But Debt-Ceiling Vote Looms in Congress: Implications for U.S. Stocks

Fed Signals Pause on Rate Hike in June, But Debt-Ceiling Vote Looms in Congress: Implications for U.S. Stocks U.S. stocks pared losses Wednesday after Federal Reserve officials suggested skipping an interest rate rise at their June meeting. This news boosted investor

Canadian Economy Heats Up: Bank of Canada Could Raise Interest Rates on June 7th

Canadian Economy Heats Up: Bank of Canada Could Raise Interest Rates on June 7th As a journalist who values honesty and accuracy, I cannot help but remark on the current state of the Canadian economy. Recent GDP growth statistics suggest

APEC Role Shakes Up BOJ Governor Race with Surprise Twist

APEC Role Shakes Up BOJ Governor Race with Surprise Twist The race for the next Bank of Japan (BOJ) governor just got more interesting as one of the former top contenders, Hiroshi Nakaso, announced that he has taken

Bank of England set to raise interest rates to highest level in 15 years, surpassing Federal Reserve

Bank of England set to raise interest rates to highest level in 15 years, surpassing Federal Reserve Bank of England (BoE) Governor Andrew Bailey and his team are set to hike interest rates thrice more this year to tackle high inflation expected to stay above

ECB Raises Concerns Over Market Stability Due to Rate Hikes

ECB Raises Concerns Over Market Stability Due to Rate Hikes The European Central Bank (ECB) has once again issued a warning about the vulnerability of financial markets as it continues to fight against inflation. In

Surprising Inflation Spike Despite Record Number of Interest Rate Hikes in Australia

Surprising Inflation Spike Despite Record Number of Interest Rate Hikes in Australia Despite the Reserve Bank of Australia (RBA) hiking interest rates 11 times in just a year, inflation has only increased, stirring fears of another hike next

Unveiling the Decision-Making Process of the Federal Reserve’s Monetary Policy

Unveiling the Decision-Making Process of the Federal Reserve’s Monetary Policy As a journalist, I must inform the public about important economic matters. One such matter is how the Federal Reserve decides on monetary policy. This

UK Contemplates Imposing Food Price Controls in the Battle Against Inflation

UK Contemplates Imposing Food Price Controls in the Battle Against Inflation British citizens woke up to yet another depressing news on inflation. Inflation in UK stores is surging at an unprecedented pace, and the cost of store items

Unpacking the Complex Factors Contributing to High Inflation Rates

Unpacking the Complex Factors Contributing to High Inflation Rates The Federal Reserve has admitted it was too slow to raise interest rates after inflation took off in 2021. But what kind of mistake was this, exactly? Was the

The ECB’s Timid Response: An Analysis of Its Inaction in the Face of Economic Challenges| Cyprus Mail

The ECB’s Timid Response: An Analysis of Its Inaction in the Face of Economic Challenges| Cyprus Mail As the global pandemic wreaks havoc on economies worldwide, the European Central Bank (ECB) has come under fire for its perceived sluggishness in reacting to

Retail Sales Data: A Potential Trigger for RBA’s Pause in AUD/USD Outlook

Retail Sales Data: A Potential Trigger for RBA’s Pause in AUD/USD Outlook Retail sales data released for April in Australia have indicated a slowdown in consumer spending, with sales remaining flat compared to the previous month's

Japan’s Looming Debt Crisis Puts Pressure on BOJ’s Exit Strategy

Japan’s Looming Debt Crisis Puts Pressure on BOJ’s Exit Strategy Japan's ticking debt time bomb will likely complicate the next central bank governor's task of steering a smooth exit from ultra-loose monetary settings.

The Bank of England Must Enhance its Communication Strategies for Inflation Awareness

The Bank of England Must Enhance its Communication Strategies for Inflation Awareness The Bank of England (BoE) has traditionally been a paragon of inflation control, meeting its target for a quarter century. However, recent events have muddied

Boston Federal Reserve President Discusses the Impact of Inflation on Interest Rate Hikes at CCRI

Boston Federal Reserve President Discusses the Impact of Inflation on Interest Rate Hikes at CCRI The Federal Reserve Bank of Boston President Susan Collins recently spoke at the Community College of Rhode Island, where she gave a short speech on the state

The Uncertainty of Central Banks’ Rate Hike Pause: What’s Next?

The Uncertainty of Central Banks’ Rate Hike Pause: What’s Next? Major central banks were expected to pause rate hikes soon. Now it's not so clear cut as stronger-than-expected U.S. jobs figures and GDP data have

Debt Ceiling Agreement Impacts Asia Markets, With Japan Stocks Surging to a 31-Year High.

Debt Ceiling Agreement Impacts Asia Markets, With Japan Stocks Surging to a 31-Year High. It's been a mixed start to the week for Asian markets, with Japan's Nikkei 225 index opening strong and reaching its highest level since July 1990, while

Debt Deal Exerts Fiscal Responsibility to Stabilize US Economy in Turbulent Times

Debt Deal Exerts Fiscal Responsibility to Stabilize US Economy in Turbulent Times The current cap on government spending in Washington’s deal to raise the federal debt limit could add a fresh headwind to a US economy already facing its

Other Key Decisions Made by the Eurozone Central Bank’s Governing Council

Other Key Decisions Made by the Eurozone Central Bank’s Governing Council As a journalist, it is essential to follow the latest developments in finance and economics. This article will look at some critical decisions the Governing

US Economic Strength Casts Doubt on Federal Reserve’s ‘Pause’ in Rate Hikes

US Economic Strength Casts Doubt on Federal Reserve’s ‘Pause’ in Rate Hikes The Federal Reserve policymakers were surprised last week after unexpectedly strong US economic data was released on Friday, reinforcing the need for further

Addressing the Delayed Response of Economic Policies to Inflation: A Timely Call to Action

Addressing the Delayed Response of Economic Policies to Inflation: A Timely Call to Action As the US economy grapples with high inflation, the Fed has been using two tools to combat it: interest rate hikes and Quantitative Tightening (QT). However,

Bond Market Volatility Raises Pension Concerns: Bank of England Takes Notice

Bond Market Volatility Raises Pension Concerns: Bank of England Takes Notice As the bond market struggles to control chaos, the Bank of England is ready to intervene again. Governor Andrew Bailey, who had earlier saved the pensions

US Jobs Report Expected to Ease Concerns for the Federal Reserve

US Jobs Report Expected to Ease Concerns for the Federal Reserve The upcoming US jobs report indicates that employers are slowing their pace of hiring, and hourly earnings are moderating relatively. Although this may offer

Reserve Bank Deputy Governor Cautiously Approaches Future Rate Hikes

Reserve Bank Deputy Governor Cautiously Approaches Future Rate Hikes The Reserve Bank of New Zealand (RBNZ) has projected that its official cash rate (OCR) has peaked. However, deputy Governor Christian Hawkesby has said that

Revolutionizing Currency: The European Central Bank Paves the Way for a Digital Euro

Revolutionizing Currency: The European Central Bank Paves the Way for a Digital Euro As the European Central Bank (ECB) celebrates its 25th anniversary this year, the institution is preparing to introduce a digital version of the euro. The

Reserve Bank’s Responsible and Prudent Response to the OCR – an Exemplary Display of Maturity

Reserve Bank’s Responsible and Prudent Response to the OCR – an Exemplary Display of Maturity At times, it is necessary to give credit where credit is due. One of those times is now, as we acknowledge the Reserve Bank of New Zealand's monetary policy

Reuter’s Poll Reveals 75% of Economists Predict BOJ to Extend YCC Policy Until 2024

Reuter’s Poll Reveals 75% of Economists Predict BOJ to Extend YCC Policy Until 2024 According to a recent Reuters poll, three-quarters of the analysts expect the Bank of Japan (BOJ) to maintain its yield curve control (YCC) policy until next

Rising Interest Rates in Refinancing: May 26, 2023 Update

Rising Interest Rates in Refinancing: May 26, 2023 Update If you're considering refinancing your mortgage in 2023, you might want to do it soon. Contrary to last week's leveling-out trend, the current refinance rates

Yen Set to Strengthen as Uncertainty Looms Over Dollar’s Sustainability

Yen Set to Strengthen as Uncertainty Looms Over Dollar’s Sustainability As the global economy continues to recover from the pandemic, currency markets have been volatile, with fluctuations in the value of major currencies such as

The RBA’s Decision on Interest Rates in June Remains Uncertain: Divergent Views from Major Banks

The RBA’s Decision on Interest Rates in June Remains Uncertain: Divergent Views from Major Banks Will the RBA hike interest rates in June? That's the million-dollar question on everyone's minds as we head into the new month. Unfortunately, the big banks

IMF Presses US to Find Concrete Resolution to Debt Ceiling Impasse

IMF Presses US to Find Concrete Resolution to Debt Ceiling Impasse The United States is once again facing the daunting task of negotiating a solution to a debt ceiling crisis that has far-reaching implications for the global

ECB Annual Report 2022: Key Updates and Insights for the European Parliament’s Economic and Monetary Affairs Committee

ECB Annual Report 2022: Key Updates and Insights for the European Parliament’s Economic and Monetary Affairs Committee The European Central Bank's Vice-President, Luis de Guindos, presented the Annual Report 2022 to the Committee on Economic and Monetary Affairs of the

BOJ’s Incoming Deputy Chief Dismisses Immediate Need for Policy Adjustments

BOJ’s Incoming Deputy Chief Dismisses Immediate Need for Policy Adjustments Incoming Bank of Japan (BOJ) Deputy Governor Shinichi Uchida has dismissed the possibility of any immediate modification to the ultra-loose monetary policy in

Revealing the True Forces Behind Inflation

Revealing the True Forces Behind Inflation The financial world was rocked recently by the collapse of Silicon Valley Bank (SVB), sending shivers through the banking industry. How did a bank with

Euro Markets Tepid Amidst Final Stages of US Debt Ceiling Talks

Euro Markets Tepid Amidst Final Stages of US Debt Ceiling Talks European markets opened the day positively, with the benchmark Stoxx 600 index up 0.4%. However, the U.K. retail sales data shows that while consumers are