44 articles on monetary policy
The Bank of Japan is adopting a more hawkish tone, but the USD/JPY remains stuck above 161. MUFG analyzes this worrying discrepancy for Tokyo.
The yellow metal is losing ground under pressure from a dollar bolstered by expectations of monetary tightening by the Fed.
The New York-based bank is revising its strategy in response to the Federal Reserve's tightening. The markets will have to wait until the fall of 2026 to see rates fall.
The dollar is climbing to its highest level in two months as expectations of a Fed rate hike grow. The Japanese yen is taking a hit.
Gediminas Simkus, a member of the ECB’s Governing Council, announced that at least one more rate hike is on the way. Monetary tightening continues.
Japan's core inflation is expected to remain below 2% for the fourth consecutive month in May 2026. The Bank of Japan sees its target slipping further out of reach.
Gold has fallen 4% in 24 hours and dropped below $4,150 an ounce. The reason: the Fed’s continued restrictive monetary policy, which is weighing heavily on precious metals.
The Reserve Bank of New Zealand is continuing its fight against inflation despite a worrying rise in unemployment. It’s an increasingly delicate balance.
Japan's Minister of Economy warns against a too-sharp rise in interest rates just minutes before the Bank of Japan's decision. The yen and the USD/JPY are under pressure.
The dollar has reached its highest level since early April. Markets are now betting that the Federal Reserve will resume raising interest rates.
The Bank of England's latest survey shows that British businesses expect prices to rise at a much slower pace than in April. This is an important signal for future monetary policy.
Gold is losing ground against a dollar bolstered by expectations of a hawkish Fed. The Iran-U.S. crisis is no longer enough to prop up the price of gold.
The dollar remains strong against the yen despite Governor Ueda's hawkish comments. The USD/JPY pair is holding steady at 159.93 as an imminent rate hike looms.
Jakarta has just passed a major law that expands Bank Indonesia’s mandate far beyond price stability. The goal: to boost the country’s growth.
Citigroup maintains its forecast that the Reserve Bank of Australia will raise rates by 25 basis points in August. Such a move could shake things up for the AUD.
A member of the ECB Governing Council is calling for swift action against inflation. The message comes as the EUR/USD exchange rate remains stable at 1.1658.
Tokyo's inflation rate in May came in below expectations. The Bank of Japan may reconsider its plan to raise interest rates in June.
Faced with persistent inflation, investors are betting heavily on a sharp rise in the U.S. dollar. The Fed remains firm on its monetary policy.
The Bank of Japan has seen its net profit plummet due to higher interest payments on commercial banks' reserves. Positive interest rates are proving costly.
Ryozo Himino, deputy governor of the Bank of Japan, reaffirms the upward trajectory of Japanese interest rates. Only an escalation in the Middle East could change the situation.
Kevin Warsh takes the helm at the Fed amid a volatile situation: war with Iran, a FOMC that refuses to cut rates, and markets in panic mode. Not exactly the ideal start.
The conflict with Iran is driving up inflation in Europe. Traders are now betting on a surprise rate hike by the ECB by this summer.
The European Central Bank has put a stop to plans for euro-backed stablecoins. The systemic risks are too high for the eurozone.
Every decision the Fed makes regarding interest rates affects the cost of U.S. student loans, with a lag of a few months.
Goldman Sachs has just pushed back its forecast for the Fed's first rate cut to December 2026. The reason: U.S. inflation, fueled by the war in Iran.
The U.S. Federal Reserve will announce its interest rate decision in April. This meeting is expected to be Jerome Powell’s last as head of the Fed.
Jerome Powell’s term as head of the Fed is coming to an end. Amid concerns about transitory inflation and a standoff with Trump, market experts are taking stock.
The Fed will announce its interest rate decision this Thursday. This is Jerome Powell’s final meeting, and the markets expect no change.
The ECB's internal survey shows that second-order inflation effects remain very limited in the eurozone. A relief for markets that are already anticipating what comes next.
Lagarde asserts: the ECB will raise rates even if inflation proves temporary. A strong signal on European monetary strategy.
For the first time in history, the signature of a sitting president will appear on U.S. paper currency alongside that of the Secretary of the Treasury.
US inflation refuses to fall and remains at 3%. A key signal for the Fed as geopolitical tensions intensify with Iran.
Lagarde confirms that the European Central Bank could raise interest rates, even if the expected rise in prices is not expected to last. A strong signal for the euro and bond markets.
The Federal Reserve refuses to budge on rates. Traders definitively bury the hypothesis of a rate cut before 2027. A strong signal that reshapes market expectations.
The US Federal Reserve is expected to leave rates unchanged at its March meeting. Weak employment signals and soaring energy prices are weighing on the decision.
Jerome Powell declares that inflation is under control and that no rate hike is justified, even in the event of an oil shock. A signal of stability for the markets.
The French government refuses to make a decision on fuel prices. The unions were calling for emergency measures, but only vague promises.
Jerome Powell is giving one of his last public lectures at Harvard before leaving the Fed in May - a key moment that the markets will be scrutinizing word by word.
Despite gasoline flirting with $4 a gallon, Wall Street is betting on Fed rate cuts rather than hikes - a shift in rhetoric that benefits all risk assets.
Bitcoin no longer waits for central bank decisions - it anticipates them. Crypto ETFs have completely turned the tables since 2024.
After months of gains, GBP/USD collapses to 1.3204. A solid NFP report puts the Fed back in play and calls into question the Bank of England's trajectory. Analysis of a major break.
After five years of persistent inflation, households are facing a substantial increase in their daily expenses. An analysis of the real impact beyond the official figures.
The European Central Bank extends its pause in key interest rates, despite tame inflation. We decipher the strategic stakes and risks for traders.
The ECB holds rates steady on March 19 and raises its inflation forecast to 2.6% - markets are now factoring in two hikes this year, with no further cuts in sight.