Economic growth
Bangladesh Bank, the central bank, is set to release its new monetary policy by the end of July, marking a potential shift from its contractionary stance to a more growth-oriented approach. Business leaders are pinning their hopes on a more investment-friendly regime with lower lending rates and continued political stability.
Economic growth
Amid multiple global economic risks, Vietnam's State Bank of Vietnam (SBV) will continue to implement a proactive, flexible, and effective monetary policy to prioritize economic growth, maintain macroeconomic stability, and control inflation. SBV Deputy Governor Pham Thanh Ha emphasized the need to balance the country's economic
Economic growth
The Reserve Bank has maintained its cash rate at 3.85 per cent, much to the surprise of financial markets and economists who had predicted a 0.25 percentage point cut. Despite recent inflation data showing consumer prices rising less than expected, the central bank's governor, Michele Bullock,
International trade
The European Central Bank (ECB) has reaffirmed its commitment to addressing the complex challenges posed by climate change and nature degradation, crucially acknowledging the pivotal role of nature in fulfilling its mandate. In recent years, the ECB has witnessed external shocks, including the pandemic, conflict, and energy crises, profoundly altering
International trade
A key Bank of England policy-maker has expressed concern that the inflation outlook may be pushed "off track" due to global trade disruptions and weakening demand. Alan Taylor, an external member of the Monetary Policy Committee (MPC), stated that interest rates should be cut three more times in
International trade
As concerns about global trade woes and their impact on the UK's inflation outlook continue to grow, a Bank of England policymaker has called for interest rates to be cut three more times in 2025. Alan Taylor, an external member of the Monetary Policy Committee (MPC), made the
International trade
Bank of England Governor Andrew Bailey indicated that interest rates are expected to decrease further due to pressure on economic growth and a softening in the UK labor market. The current rate of 4.25% may be lowered as the bank tackles economic uncertainty fueled by global trade tensions. Bailey&
International trade
Governor of the Bank of England, Andrew Bailey, warned that interest rates could decrease further in the coming months as the UK labour market shows signs of weakness and the economy faces increased economic uncertainty due to global trade tensions. The comments come as the Bank of England holds interest
Financial markets
Interest rates for financing lines in Brazil's 2025/26 Crop Plan are expected to rise almost across the board, following the increase in the Selic benchmark rate, which has climbed from 10.5% in July 2023 to 15% today. Financial sector forecasts suggest rural credit rates could increase
Financial markets
The Reserve Bank of India (RBI) has extended market hours for call money and repo transactions to enhance the efficiency of financial markets. This change, which comes into effect from July 1 for call money and August 1 for repo and tri-party repo transactions, is aimed at aligning with the
Financial markets
The Central Bank of Brazil has announced it will conduct a foreign exchange intervention on Wednesday, offering up to $1 billion in the spot market alongside 20,000 reverse FX swap contracts. This dual operation, known as a "casadão," is a move long anticipated by market participants. The
Financial markets
As the world grapples with the implications of private sector digital currency issuances on financial market stability and monetary policy, the concept of Central Bank Digital Currencies (CBDCs) has emerged as a topic of global discussion. Developed and emerging countries are exploring the development of CBDCs to enhance cross-border payments,
