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Central Banks

Sun, Nov 23, 2025 08:10 PM All times are UTC

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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...

Fed’s Expected Rate Cut Amid Economic Uncertainty and Data Blackout

Oct 29, 2025 08:10 am UTC| Central Banks Insights & Views

Many expect the Federal Reserve to bring the federal funds rate down to a range of 3.75%4.00% at the end of its October 28-29 session. This decision is evidence of the Feds first concern to solve growing labor market...

Japan’s Service Inflation Rises as Labour Costs Drive Price Growth Ahead of BOJ Meeting

Oct 27, 2025 00:33 am UTC| Economy Central Banks

Japans service-sector inflation gained momentum for the second consecutive month in September, reinforcing expectations that rising labour costs will help sustain inflation near the Bank of Japans (BOJ) 2% target....

China Expected to Ease Monetary and Fiscal Policies to Support Economic Growth

Oct 25, 2025 06:36 am UTC| Economy Central Banks Insights & Views

China is likely to implement more supportive monetary and fiscal policies to stabilize its slowing economy, according to Huang Yiping, an adviser to the Peoples Bank of China and professor at Peking University. Speaking at...

China’s Monetary Policy to Remain Steady Amid AI Advancements, Says PBOC Adviser

Oct 24, 2025 04:25 am UTC| Economy Central Banks Insights & Views

Chinas monetary policy framework is expected to remain unchanged as long as maintaining price stability remains the central goal, according to Huang Yiping, an adviser to the Peoples Bank of China (PBOC) and professor at...

Pakistan’s Central Bank Expected to Maintain Interest Rate at 11% Amid Inflation Concerns

Oct 24, 2025 04:22 am UTC| Economy Central Banks

Pakistans central bank is likely to keep its key interest rate steady at 11% during its upcoming policy meeting, according to a Reuters poll. All 10 analysts surveyed expect the State Bank of Pakistan (SBP) to maintain the...

Australia’s Central Bank to Modernize Interbank Settlement System for a Future-Ready Payments Network

Oct 24, 2025 01:50 am UTC| Economy Central Banks

Australias central bank is preparing to modernize its interbank settlement infrastructure, which processes about A$300 billion (US$194.9 billion) in daily transactions. Reserve Bank of Australia (RBA) Governor Michele...

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Economy

Canada Signals Openness to Restart Trade Talks With U.S., Says PM Carney

Canada is prepared to resume trade discussions with the United States when its appropriate, Prime Minister Mark Carney said on Sunday, emphasizing that there is currently no urgent matter requiring immediate talks with...

Russia Stocks Edge Lower as MOEX Holds Steady Amid Mixed Market Signals

Russian stocks closed flat on Saturday, with the MOEX Russia Index finishing the session unchanged at a new one-month high. Despite the lack of movement in the broader index, investor sentiment remained cautious as major...

Switzerland Expects U.S. Tariff Cut to Take Effect by Early December

Switzerland is preparing for a significant reduction in U.S. import tariffs, with Swiss Economy Minister Guy Parmelin stating that the current 39% general tariff on Swiss goods could drop to 15% as soon as early December....

U.S. Stocks Surge as December Fed Rate Cut Bets Strengthen

Wall Street ended the week on a strong note Friday, with major U.S. stock indexes climbing sharply as expectations for a Federal Reserve rate cut in December gained momentum. The rebound helped ease concerns about...

BOJ Signals Imminent Interest Rate Hike Amid Strengthening Economic Conditions

The Bank of Japan appears to be approaching a pivotal decision to raise interest rates sooner rather than later, according to board member Kazuyuki Masu. In an interview with the Nikkei, Masu emphasized that the timing of...

Politics

Carney to Update Zelenskiy as Western Advisers Review U.S. Peace Proposal

Canadian Prime Minister Mark Carney said he plans to speak with Ukrainian President Volodymyr Zelenskiy on Sunday as Canada and other Western security advisers gather in Geneva to evaluate a new U.S.-led peace plan aimed...

G20 Declaration Sparks Tension Between South Africa and the U.S.

Group of 20 leaders adopted a new declaration addressing the climate crisis, global challenges, and geopolitical tensionsdespite strong objections from the United States. The move triggered a sharp response from the White...

Appeals Court Blocks Expansion of Fast-Track Deportations in the U.S.

A recent decision by a federal appeals court has dealt a setback to the Trump administrations attempt to broaden the use of fast-track deportations across the United States. In a 21 ruling, the U.S. Court of Appeals for...

Airlines Halt Flights from Venezuela After U.S. Warning on Rising Security Risks

Several international airlines suspended flights departing from Venezuela over the weekend following a U.S. Federal Aviation Administration (FAA) alert about a potentially hazardous situation in the countrys airspace. The...

Trump Ends TPS Protections for Somalis in Minnesota, Citing Security and Fraud Concerns

U.S. President Donald Trump announced late Friday that he is immediately ending Temporary Protected Status (TPS) protections for Somali nationals living in Minnesota, abruptly accelerating the termination of a program that...

Science

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...

FDA Adds Fatal Risk Warning to J&J and Legend Biotech’s Carvykti Cancer Therapy

The U.S. Food and Drug Administration (FDA) has updated the safety labeling for Carvykti, the multiple myeloma therapy developed by Johnson Johnson and Legend Biotech, to include a warning about a rare but potentially...

Technology

AI Boom Continues to Fuel Global Growth Despite Rising Concerns

Nearly three years after the launch of ChatGPT ignited a massive wave of excitement around artificial intelligence, the technology continues to shape global markets and economic expectations. While uncertainty is...

Meta Accused of Halting Internal Research on Mental Health Risks of Facebook and Instagram

Meta is facing new scrutiny after unredacted court filings revealed that the company stopped internal research showing Facebook and Instagram could negatively impact users mental health. According to documents disclosed in...

Major U.S. Banks Potentially Affected in SitusAMC Cyberattack

A recent cyberattack on technology vendor SitusAMC may have exposed sensitive data connected to major U.S. banks, including JPMorgan Chase, Citi, and Morgan Stanley, according to a report from the New York Times. The...

U.S. May Ease Limits on Nvidia’s H200 AI Chip Sales to China

The Trump administration is weighing whether to allow Nvidia to resume selling its powerful H200 artificial intelligence chips to China, according to sources familiar with the discussions. This review by the U.S. Commerce...

U.S. Judge Weighs Potential Google Ad Tech Breakup as DOJ Pushes for Swift Action

A U.S. judge overseeing the landmark antitrust case against Googles advertising technology business is pressing the Department of Justice (DOJ) on how quickly a potential breakup could be implemented, emphasizing that time...