US President Donald Trump’s pledge to unlock more of that country’s vast stores of energy will likely lower Kenya’s consumer price growth, according to the chief of the African nation’s central bank.
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its central bank governor said on Tuesday.
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of the central bank, two sources with knowledge of the matter said. The appointment will be announced as soon as this week,
Israel's monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure confidence in financial markets, the Bank of Israel said on Monday in the minutes of the Jan.
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Russia's central bank hiked rates to 21% late last year in a bid to cool soaring inflation.
The Fed now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy. "They've got a new administration with a new set of fiscal policies, and the monetary policy has to respond to that," Bank of America chair and CEO Brian Moynihan told Yahoo Finance at the World Economic Forum in Davos, Switzerland.
Canadian firms see improved demand and sales in the coming year, largely fueled by rate cuts, but are concerned about the potential damage from promised U.S. policies, the Bank of Canada said on Monday.
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the Network of Central Banks and Supervisors for Greening the Financial System, in
Turkish central bank announced on Monday that it decided to limit maturity periods for foreign currency-protected deposit accounts as part of its