Keywords: Monetary Policy
Spain is expected to push for continued representation on the Executive Board of the European Central Bank (ECB) following the upcoming departure of Vice-President Luis de Guindos. As one of the eurozone’s largest economies, Spain considers its presence on the ECB’s top decision-making body......
Japan is reported to have intervened heavily in the foreign exchange market, spending more than 30 billion dollars to support the yen as it weakened against the US dollar, according to local media reports. The intervention, estimated at around 5,000 to 6,000 billion yen (approximately 32 to 38 billion......
The Bank of Canada is widely expected to keep its key interest rate unchanged at 2.25% in its upcoming policy decision, as economists assess the recent rise in oil prices as a short-lived shock unlikely to alter the broader inflation outlook. The expected decision comes amid global economic uncertainty......
Nigeria’s inflation rate increased in March for the first time in a year, according to official data released by the National Bureau of Statistics. Headline inflation rose to 15.38% year-on-year in March, up from 15.06% in February. This marks a break in a 11-month trend of gradual decline, reflecting......
The government of Greece has proposed extending the mandate of central bank governor Yannis Stournaras, according to an official statement released on Wednesday. Stournaras, who has led the Bank of Greece since 2014, is also a member of the Governing Council of the European Central Bank. His current......
European Central Bank (ECB) policymaker Yannis Stournaras stated on Monday that the euro zone’s monetary policy will largely depend on the magnitude and duration of energy supply disruptions caused by the conflict in Iran. Speaking at the annual shareholders meeting of the Bank of Greece in Athens,......
The Central Bank of the Republic of Turkey has firmly denied allegations that confidential information was shared with investors during recent briefings held in London. In an official statement, the bank described the claims as “completely unfounded,” emphasizing that all discussions were......
The European Central Bank (ECB) may consider raising interest rates as early as April if inflationary pressures intensify, according to Joachim Nagel, head of the Deutsche Bundesbank. Speaking about the economic outlook, Nagel said that a rate increase at the next ECB meeting remains “an option,”......
The chief economist of the Bank of England, Huw Pill, has emphasized that economic uncertainty should not delay action against rising inflation risks. Speaking at an international central banking event, Pill highlighted that ongoing geopolitical tensions, particularly in the Middle East, are contributing......
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