BOJ Signals Imminent Interest Rate Hike Amid Strengthening Economic Conditions 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
U.S. Black Friday Online Spending Surges to $8.6 Billion, Boosted by Mobile Shoppers 
UK Raises Deposit Protection Limit to £120,000 to Strengthen Saver Confidence 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
U.S. Productivity Growth Widens Lead Over Other Advanced Economies, Says Goldman Sachs 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
BOJ Seen Moving Toward December Rate Hike as Yen Slides 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves 
In March 2025, world central banks registered diverse monetary policy changes, being cautious not to react to economic uncertainties.
The Swiss National Bank cut its policy rate by 0.25 percentage points to 0.25%. The reduction is spearheaded by inflation within the SNB 0-2% target range and franc nervousness.
At the same time, the Bank of Canada reduced its overnight lending rate by 25 bps to 2.75%. The Federal Reserve (Fed) did not reduce interest rates at 4.50%, but is planning to reduce them twice this year. In the same vein, the Bank of England has not been as aggressive as some of its counterparts but will reduce rates by 25 bps next week.
On the other hand, the Bank of Japan is in a hiking cycle and just increased rates to 0.5%, which is a post-2008 global financial crisis level. On balance, the initial central bank meetings of 2025 reveal it will be a year that policymakers diverge and do their own thing as economic routes fork out
