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upi.comA Federal Reserve official said he is not interested in symbolic rate hikes and prefers an inflation target range of 1.5% to 2.5% rather than a single 2% point target. The comments address the central bank's approach to setting interest rates.
cnbc.comFederal Reserve Governor Christopher Waller said an above-target core inflation reading this week would require the FOMC to consider raising rates soon. He added that several months of cooler data are needed before he would view inflation as clearly declining toward the 2 percent…
Los Angeles TimesInvestment by four large technology companies is expected to reach $720 billion this year, mostly for data centers. The spending has raised prices for memory chips and electricity, with some consumer electronics already costing more.
forexlive.comEconomists anticipate the Bank of Canada will leave its policy rate unchanged for a sixth straight meeting. Inflation remains above target while economic growth stays subdued.
Officials removed a line from a draft policy document that had raised questions about monetary policy independence. Markets reacted with higher bond yields and a weaker yen before the change.
inman.comExisting-home sales declined 2.4 percent in June to a seasonally adjusted annual rate of 4.09 million units. The national median sales price rose 1.8 percent to $440,600, an all-time high.
One Nation treasury spokesman Barnaby Joyce said the party would review the Reserve Bank of Australia’s operations and scope. He argued the central bank should advise the government on spending and regulation to reduce inflation.
japantimes.co.jpThe central bank's balance sheet contracted by the largest quarterly amount since quantitative tightening began in 2024. Japanese government bond holdings also declined sharply during the period.
riotimesonline.comPeru’s central bank kept its benchmark interest rate unchanged at 4.25% on Thursday. The move extends a streak of ten consecutive months at the same level. Officials indicated they view the recent rise in inflation as temporary.
americanbanker.comThe Federal Reserve announced the leadership and objectives of five new monetary policy task forces. The groups will operate independently, follow evidence, and present findings to the FOMC.
Federal Reserve Chairman Kevin Warsh announced the members of five task forces that will examine communications, data, balance sheet policy, productivity and jobs, and inflation frameworks. The groups include academics, former central bankers, and business leaders.
benzinga.com@FirstSquawk reported that ECB accounts show headline inflation set to increase further over the summer. The projections indicate inflation staying well above target through the first half of 2027 despite nearly three embedded 25-basis-point rate hikes.
Japan TimesThe 10-year Japanese government bond yield reached 2.9 percent on July 9, 2026. Analysts differ on whether the Bank of Japan has fallen behind the market in raising rates.
YonhapThe Bank of Korea governor told lawmakers Thursday that a rate hike may be needed at an appropriate time. The central bank will weigh inflation above target, growth prospects, and financial stability risks before its next policy meeting.
Minutes from a recent policy meeting indicated some officials expressed support for higher interest rates. The discussion reflected concerns over inflation reaching a three-year high.
Japan TimesThe government updated its annual economic and fiscal agenda on July 8 to call for monetary policy that supports stable price increases. The change replaces earlier wording focused solely on achieving a stronger economy.
YonhapSouth Korea's currency market will extend to continuous weekday hours beginning Monday. The won recently traded above 1,550 per dollar while reserves reached $427.4 billion in June.
nbcnews.comThe Supreme Court ruled Monday that Governor Lisa Cook can remain in her position while litigation continues. President Trump said the administration will begin a new removal process using proper procedures.
forbes.comThe European Central Bank president told a French newspaper that leaving the post before the October 2027 term ends is possible. The comments come as the official weighs entering French politics ahead of the 2027 presidential election.
abcnews.go.comThe president described the Federal Reserve as hostile and said a potential nominee has to do what he has to do on interest rates. He also stated he continues to plan to remove one sitting Fed governor from the board.
winnipegfreepress.comAn official at the European Central Bank Forum on Wednesday said repeated questions about interest rate plans would not produce additional details. The official also stated that inflation risks have declined while reaffirming a 2% target.
pbs.orgGold advanced as market participants interpreted recent remarks by the Federal Reserve chair as less restrictive than anticipated. Easing inflation concerns provided additional support for the metal.
cnbc.comKevin Warsh stated that inflation risks have declined in recent weeks while reaffirming the Federal Reserve's 2% target. He spoke at the European Central Bank's annual forum in Sintra on July 1 and declined to preview the July 29 rate decision.
realclearmarkets.comFederal Reserve Chairman Kevin Warsh told a policy panel he would not signal the central bank's next move on interest rates. He said the Fed would rely on incoming data and maintain its independence.
cnbc.comU.S. Treasury yields increased on Wednesday as investors awaited economic data and comments from Federal Reserve Chair Kevin Warsh. Markets priced in a 66.3 percent chance the Fed will hold rates steady at its July meeting.
deccanchronicle.comFederal Reserve Chairman Kevin Warsh stated that reduced commentary on monetary policy would allow markets to respond more independently to economic indicators. Investors have noted that prior statements already provide substantial guidance.
usatoday.comEsther George, who served on the rate-setting committee for more than a decade, told Fortune that long-term financial planning should assume higher borrowing costs. She said inflation remains above the 2% target and the economy's resilience could require tighter policy.
ibtimes.co.ukFederal Reserve Bank of Richmond President Tom Barkin said recent inflation figures remain too high during an interview at the Aspen Ideas Festival. The personal consumption expenditures index rose 4.1% in the year through May, Fortune reported.
thestreet.comThe Federal Reserve Bank of Atlanta restarted its hunt for a successor to Raphael Bostic. The process had paused ahead of Kevin Warsh taking office in late May. The new president will vote on interest rates beginning in 2027.
Washington ExaminerKevin Warsh conducted his first press conference as Federal Reserve chairman on June 17. Alan Greenspan, a former chairman, died at age 100 five days later. Warsh stated the central bank will focus on price stability.
cnbc.comFederal Reserve Bank of Minneapolis President Neel Kashkari said persistent inflation signals prompted him to include one interest-rate increase in the central bank's June economic projections.
abcnews.go.comMinneapolis Federal Reserve President Neel Kashkari said he now expects one interest-rate increase by the end of 2026 after previously forecasting a cut. The change follows a Commerce Department report showing headline PCE inflation at 4.1 percent.
Officials expressed concern over inflation, particularly in services, and noted signs of improvement in the labor market. They described the removal of forward guidance language as an appropriate step and said they would monitor its effects.
cnbc.comFederal Reserve Chairman Kevin Warsh named two division-level economists to advisory posts. The moves follow his announcement of five task forces reviewing Fed operations.
investors.comA Federal Reserve Bank of Chicago president stated that core inflation is still too high and moving in the wrong direction. The comment comes as officials continue to monitor price trends.
cnbc.comA Federal Reserve official stated that price pressures are expected to stay elevated in the near term and described the current policy stance as fitting existing conditions. No signals were given about near-term interest rate changes.
cnbc.comThe president of the Federal Reserve Bank of Chicago stated that recent inflation figures contain some positive indicators while overall price pressures stay elevated. The remarks address current readings without referencing specific policy actions.
ibtimes.co.ukChicago Fed President Austan Goolsbee stated in a CNBC interview that the inflation side of the mandate is the clear priority. Core PCE inflation reached 3.4% in May, the highest since October 2023.
japantimes.co.jpA government economic blueprint draft seen on June 25, 2026 calls for monetary policy that bolsters private demand and aligns with Prime Minister Sanae Takaichi's growth goals. The document cites legal provisions requiring coordination between the central bank and the administrat…
The Federal Open Market Committee voted unanimously last Wednesday to keep its benchmark rate between 3.5 percent and 3.75 percent. Officials cited inflation still above the 2 percent target after prices rose 4.2 percent year over year in May.
Washington ExaminerKevin Warsh, the new Federal Reserve chairman, announced five internal task forces during his first post-meeting press conference on June 17, 2026. The groups will examine communications, the balance sheet, data sources, productivity and jobs, and inflation frameworks.
ibtimes.co.uk@KobeissiLetter reported that 26 of 52 central banks worldwide raised rates and 26 lowered them in May, ending two years of net easing.
FortuneThe central bank reduced its post-meeting statement and removed forward guidance on future rate moves. Officials also announced five internal task forces to review communications and other operations.
Atlantic CouncilKevin Warsh held his first press conference as Federal Reserve chair on June 17 and announced changes to the central bank’s communications and internal reviews while inflation stood at 4.2 percent.
etftrends.comMarket participants continue to price in Federal Reserve rate increases for the second half of 2026 even after a reduction in Middle East tensions. LBBW maintains its forecast that U.S. interest rates will remain unchanged over the next twelve months.
Japan TimesThe governor left the hospital on Friday after treatment that began June 9. Officials said the governor will resume duties Tuesday while continuing outpatient care for two weeks.
cnbc.comThe Federal Reserve left interest rates unchanged and released updated economic projections. Kevin Warsh conducted his first press conference as chair, answering questions on inflation, growth, and future policy signals.
JPMorgan's Bob Michele stated that economic conditions do not warrant interest rate reductions by the Federal Reserve. The comments point to expectations that the central bank will keep policy restrictive even as oil prices ease.
investopedia.comMarket performance varied across periods led by different Federal Reserve chairs. Data show differences in average annual returns during those terms. Analysis also examines potential influence of a former official on current policy expectations.
rte.ieAn ECB official stated that raising the key interest rate to 2.5% would keep policy in the neutral range under current analysis. The comment addresses market speculation about further tightening.
BloombergSweden's central bank left its benchmark interest rate at 2.25 percent after its June meeting. Officials said they expect inflation to stay near target and indicated possible rate increases later this year if conditions warrant.
rte.ieEconomists anticipate the Swiss National Bank will maintain current interest rates at its Thursday meeting. The decision follows inflation aligning with target levels and a slight weakening of the Swiss franc.
The RBA board left the cash rate target unchanged after its most recent meeting, the first time this year it has chosen not to adjust rates. Governor Michele Bullock said the decision allows time to assess prior hikes while inflation remains too high.
France 24President Trump told reporters the Russia-Ukraine conflict has limited direct impact on the United States beyond arms sales. Ukrainian President Volodymyr Zelensky pressed G-7 leaders for additional air-defense support.
benzinga.comRespondents to the CNBC Fed Survey see no change in the federal funds rate at this week's meeting or through 2027. A large majority expect the central bank to drop its easing bias from the policy statement.
FortuneA Bank of America survey found 55 percent of investors anticipate a hawkish hold at the next policy meeting. Another 33 percent expect a dovish hold that could allow future cuts. The poll ran from June 5 to June 11.
japantoday.comJapan's central bank increased its benchmark interest rate to 0.5 percent. The decision came amid a weakening currency and rising energy costs. Officials cited inflation pressures tied to global supply disruptions.
riotimesonline.comOfficials said inflation remains elevated and left open the option of additional tightening. They noted incoming data aligns with prior forecasts and cited high oil prices as a factor.
Financial TimesThe central bank lifted its benchmark rate by 25 basis points on Tuesday in a 7-1 vote. It also said it will continue reducing government-bond purchases through April 2027.
japantoday.comShinichi Uchida will explain the central bank's latest decision and outline the future direction of policy.