Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy

Jul 02, 2026 22:25 pm UTC| Central Banks Economy

San Francisco Federal Reserve President Mary Daly said the Federal Reserve remains in a difficult position as it weighs the next move on interest rates, citing persistent inflation risks, a resilient labor market, and the...

Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert

Jul 02, 2026 03:56 am UTC| Economy Central Banks

Japan is shifting its foreign exchange strategy by abandoning its long-standing practice of warning markets before intervening, opting instead for a more unpredictable approach aimed at catching speculators off guard and...

Warsh Signals Hawkish Stance: Fed Prioritizes Price Stability Over Forward Guidance

Jul 01, 2026 15:54 pm UTC| Central Banks Insights & Views

In his most recent comments, Federal Reserve Chairman Kevin Warsh underlined the Feds dedication to reaching price stability and lowering inflation to the 2% goal, so sending a rather hawkish tone. He encouraged a more...

Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey

Jun 30, 2026 05:17 am UTC| Economy Central Banks

Central banks are increasingly reassessing their reserve strategies, with more institutions planning to reduce U.S. dollar allocations over the next decade than increase them, according to a new survey released Tuesday by...

RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists

Jun 30, 2026 02:56 am UTC| Central Banks Economy

The Reserve Bank of Australia (RBA) remains prepared to raise interest rates again if inflation risks intensify, according to the minutes of its June policy meeting released on Tuesday. The central bank emphasized that it...

Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt

Jun 30, 2026 00:54 am UTC| Law Politics Central Banks

Federal Reserve Governor Lisa Cook said the U.S. Supreme Courts decision to block President Donald Trumps attempt to remove her from the central bank reinforces the Federal Reserves independence and protects its ability to...

China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations

Jun 29, 2026 04:00 am UTC| Central Banks Economy

Chinas central bank has introduced its new overnight reverse repo operation, setting the interest rate at 1.25%, according to a Reuters report citing people familiar with the matter. The move marks another step in the...