Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 
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RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
The Fed met expectations by not raising rates and setting off a global market rally. Tomorrow the Bank of Japan has its turns at additional monetary stimulus. The ECB already signaled intentions in December for more stimulus and China's PBoC just finished its sixth stimulus for the year with plenty of room for more. The thought is that perpetual monetary stimulus is good for economic growth, corporate earnings, and jobs.
"We are not entirely sure about that since extraordinary monetary stimulus is still needed nearly seven years into this bull market but we are sure that it raises asset prices and that is good for this bull market", says Voya Global.
Meanwhile, the first estimated Q3 GDP report was released and it was below expectations at 1.5 percent but highlighted a very strong consumer (PCE) growth of 3.2 percent, with a big increase in disposable income from falling energy prices of 4.8 percent.
