Fed’s Williams Signals One More Rate Hike Before Year-End 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Trump Demands Powell Resign Over Fed Renovation Cost Overruns 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
ECB May Stop Rate Hikes After December, Capital Economics Says 
BOJ Raises Interest Rate to 31-Year High as Yen Weakens 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
Add as a preferred source on Google
The Federal Reserve FOMC left interest rates flat at 4.25%-4.5% in its January meeting, the minutes released on February 19, 2025, indicated. The committee voted on this by a unanimous vote. The Fed awaits further progress toward inflation before acting on the target range. Policy actions, for example, in the form of tariffs, are feared by the officials to be over the 2% target to leave inflation.
FOMC members were upbeat in their expectations of the economy, which they attributed to optimism about ease of government regulations and changing tax policies. Concurrently, the committee acknowledged the risk to the inflation projection, for instance, to changing trade and immigration policies. Specifically, the minutes indicated worries about President Trump's tariffs and their potential impact on inflation. Firms would pass on higher input costs due to potential tariffs to customers.
The Fed will meet again on March 18-19, 2025. Market predictions are anticipating a potential 0.25% July rate reduction.
