Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Thailand Economy Faces Competitiveness Challenges as Strong Baht and U.S. Tariffs Pressure Exports 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
The Bank of Canada maintained its policy rate at 2.25%, in line with market forecasts. In its opening statement, the BoC stated that tariffs and persistent trade uncertainty continue to weigh on corporate investment, but that the economy has demonstrated considerable resilience. It also noted that hiring intentions remain low, despite recent improvements in labor market circumstances.
The Bank anticipates inflation to remain moderate in the coming months, but warns that there may be some short-term "choppiness" in inflation data. However, policymakers emphasized that such volatility is likely to be temporary, and that underlying inflation remained around 2.5%.
Importantly, the statement reiterated that if inflation and economic activity evolve broadly in line with the October projection, the Governing Council believes the current policy rate is roughly appropriate to keep inflation close to the 2% target while supporting the economy during a period of structural adjustment.
