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Central Banks

Thu, Nov 27, 2025 02:52 AM All times are UTC

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Federal Reserve to Restructure Supervision Division, Slash Staff by 30% Amid Efficiency Push

Oct 31, 2025 02:14 am UTC| Central Banks

The U.S. Federal Reserve is set to implement major organizational changes within its supervision and regulation division under the leadership of Vice Chair for Supervision Michelle Bowman. According to an internal email...

RBA Expected to Hold Interest Rates at 3.60% as Inflation Surges Beyond Target

Oct 31, 2025 01:56 am UTC| Economy Central Banks

The Reserve Bank of Australia (RBA) is set to maintain its key interest rate at 3.60% during its upcoming policy meeting on November 4, according to a Reuters poll of 34 economists. The decision follows a...

Lagarde Holds Firm: ECB to Keep Rates Steady, Citing "Resilient" Economy

Oct 30, 2025 10:55 am UTC| Central Banks Insights & Views

For its third straight meeting, the European Central Bank is generally anticipated to hold the key deposit facility rate at 2.0%. Following an intense cutting cycle between June 2024 and June 2025eight cuts for 200 basis...

Bank of Japan Holds Interest Rates Steady Amid Economic Uncertainty

Oct 30, 2025 03:54 am UTC| Central Banks Economy

The Bank of Japan (BOJ) kept its benchmark interest rate unchanged at 0.5% on Thursday, aligning with market expectations as the central bank navigates mounting economic uncertainty and a shifting fiscal landscape. Despite...

Fed's Double-Edged Sword: 25bps Cut & QT Halt Clash with Powell's Hawkish Pushback

Oct 30, 2025 03:06 am UTC| Central Banks Insights & Views

Delivering its second straight interest rate cut of 2025, the Federal Reserve reduced the federal funds rate by 25 basis points to a target range of 3.75%-4.00%. Ten of twelve FOMC members backed the decision, which came...

Hong Kong Monetary Authority Cuts Interest Rate by 25 Basis Points Following U.S. Federal Reserve Move

Oct 30, 2025 02:44 am UTC| Economy Central Banks

The Hong Kong Monetary Authority (HKMA), the citys de-facto central bank, has reduced its base interest rate by 25 basis points to 4.25%, mirroring the U.S. Federal Reserves latest policy shift. The move, announced...

Bank of Canada lowers rates, sees growth steady through 2027

Oct 29, 2025 14:43 pm UTC| Central Banks

The Bank of Canada (BoC) cut its benchmark interest rate to 2.25% on Wednesday, a move that was generally expected by markets. The central banks most recent policy statement, the first since January, provided a clearer...

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Economy

Wall Street Futures Inch Higher Ahead of Thanksgiving as Tech Stocks Rebound

Wall Street index futures ticked up slightly on Wednesday evening, continuing the weeks positive sentiment as technology stocks staged a recovery and traders grew more confident that the Federal Reserve will move ahead...

BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals

Bank of Japan (BOJ) board member Asahi Noguchi emphasized the need for a carefully calibrated approach to raising interest rates, warning that moving too aggressively could undermine the countrys progress toward stable...

Oil Prices Ease as U.S. Crude Stocks Surge and Russia-Ukraine Peace Prospects Pressure Market

Oil prices slipped in Asian trading on Thursday after new U.S. government data revealed a much larger-than-expected jump in crude inventories, adding fresh concerns about oversupply heading into 2025 and 2026. Brent crude...

Global Currencies Shift as Markets Eye 2025 Rate Moves

The U.S. dollar slipped on Thursday as thin holiday trading and growing expectations of U.S. rate cuts in the coming year weighed on the currency. Investors are increasingly pricing in a series of Federal Reserve rate...

South Korea Finance Chief Signals Support for Weak Won but Avoids Specific Policy Moves

South Koreas Finance Minister Koo Yun-cheol pledged on Wednesday to take action to stabilise the weakening won, but stopped short of outlining concrete policy measures. His comments come amid growing concern over the...

Politics

Mexico Probes Miss Universe President Raul Rocha Over Alleged Criminal Links

Mexicos Attorney Generals Office has launched an investigation into Miss Universe President Raul Rocha over alleged ties to drug trafficking, arms trafficking, and fuel theft, adding fresh controversy to one of the worlds...

China Urges U.S. to Restrain Japan as Tensions Rise Over Taiwan Remarks

China has called on the United States to rein in Japan and prevent what it describes as any attempt to revive militarism, escalating a diplomatic dispute triggered by recent comments from Japanese Prime Minister Sanae...

Trump Urges Japan’s Takaichi to Ease Tensions with China Amid Taiwan Dispute

U.S. President Donald Trump has asked Japanese Prime Minister Sanae Takaichi to avoid escalating tensions with China after her recent comments on Taiwan triggered a major diplomatic backlash. According to two Japanese...

Trump Says South Africa Won’t Be Invited to 2026 G20 Summit as Diplomatic Tensions Rise

U.S. President Donald Trump announced that South Africa will not receive an invitation to participate in next years G20 summit in Miami, escalating diplomatic tensions following Washingtons decision to boycott the recent...

Trump Endorses Nasry Asfura Ahead of Honduras’ High-Stakes Presidential Election

U.S. President Donald Trump publicly backed Honduran presidential candidate Nasry Tito Asfura just days before Honduras heads to the polls in a tightly contested election. Posting on Truth Social, Trump urged voters to...

Science

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

SpaceX’s Starship Completes 11th Test Flight, Paving Way for Moon and Mars Missions

SpaceX has successfully launched its 11th Starship rocket from Starbase, Texas, marking another milestone in Elon Musks ambitious plan to create a fully reusable spacecraft for missions to the Moon and Mars. The test...

Technology

Nvidia Pushes Back Against Valuation Skeptics Amid Rising Criticism

Nvidia, recently crowned the worlds most valuable company, is aggressively countering skepticism surrounding its massive $4.5 trillion valuation, which has fallen from its record $5 trillion peak. As criticism grows on...

Singapore Orders TikTok and Meta to Block Accounts Linked to Radicalisation Concerns

Singapore has directed TikTok and Meta to block access to the social media accounts of an Australian-based former Singaporean, Zulfikar bin Mohamad Shariff, after authorities said he contributed to the radicalisation of...

Amazon Prime Air Drone Under Federal Investigation After Cable-Severing Incident in Texas

Amazon (NASDAQ: AMZN) is facing increased scrutiny after one of its Prime Air delivery drones accidentally sliced through an internet cable in Waco, Texas, prompting a federal investigation. The incident, first reported by...

Kioxia Shares Slide as Bain-Backed Entity Prepares $2 Billion Block Sale

Kioxia shares fell sharply on Wednesday after reports surfaced that an entity backed by Bain Capital plans to unload a large stake in the Japanese memory chipmaker. The stock dropped 8.8% to 8,982 yen, hitting a one-month...

OpenAI Forecasts Massive Growth in ChatGPT Subscriptions as User Base Expands

OpenAI is projecting a significant surge in paid ChatGPT subscribers over the coming years, according to a recent report from The Information. The artificial intelligence company expects that by 2030, around 8.5% of its...