The Bank of Canada decided to hold its policy rate unchanged at 2.75%, the central bank announced in a statement on Wednesday.The lender said the unpredictable US tariff policy fueled uncertainty, lowered economic growth prospects, and pushed up inflation expectations. The central bank stressed...
The Reserve Bank of Australia's (RBA) board members maintained a cautious monetary policy approach after the latest decision to keep the interest rate unchanged, board member meeting minutes showed.According to the bank, the overall financial conditions in the country remained restrictive. At...
United States Federal Open Market Committee (FOMC) minutes published on Wednesday revealed that the "vast majority" of members backed the decision to keep the key interest rate unchanged at the last FOMC meeting in March."Foreign financial markets were affected by investor concerns...
The Bank of England (BoE) noted in the Financial Policy Committee's (FPC) report published on Wednesday that the global economic uncertainty "intensified" as the tariffs United States President Donald Trump imposed on other countries and specific industries decreased the prices of global...
United States Federal Reserve Vice Chair Philip Jefferson on Thursday ensured that the current monetary policy is "well-positioned to deal with the risks" coming from the new administration's trade policy. Speaking at a conference in Atlanta, Jefferson said that "there is no need to be in a hurry to make...
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