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Central banking

China lifts anti-dumping tariffs on Australian barley after three years

by Walter Watson
China lifts anti-dumping tariffs on Australian barley after three years

A photo taken on Dec.14, 2020 shows a paddock of barley being harvested on a farm near Inverleigh, some 100 kilometers west of Melbourne. WILLIAM WEST | AFP | Getty …

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BOE governor Bailey cautious amid ‘unwelcome surprises’ in inflation

by Ron Morgan
BOE governor Bailey cautious amid ‘unwelcome surprises’ in inflation

Bank of England Governor Andrew Bailey said Thursday that the central bank remains cautious in its battle to tame stubbornly high inflation as U.K. data continues to offer “unwelcome surprises.” Bailey told …

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Bank of England hikes rates by quarter percentage point in split vote

by Walter Watson
Bank of England hikes rates by quarter percentage point in split vote

People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters LONDON — The Bank of England …

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Australia’s central bank RBA leaves interest rates unchanged at 4.1%

by Walter Watson
Australia’s central bank RBA leaves interest rates unchanged at 4.1%

A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images The Reserve …

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ASEAN moves closer to economic unity with new regional payments system

by Walter Watson
ASEAN moves closer to economic unity with new regional payments system

Indonesian President Joko Widodo makes a speech during the Association of Southeast Asian Nations (ASEAN) Foreign Minister’s Meeting in Jakarta, Indonesia on July 14, 2023. Murat Gok | Anadolu Agency …

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Bank of Japan loosen’s YCC, cites ‘greater flexibility’ and jolts markets

by Walter Watson
Bank of Japan loosen’s YCC, cites ‘greater flexibility’ and jolts markets

Kazuo Ueda, governor of the Bank of Japan (BOJ). Bloomberg | Bloomberg | Getty Images The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global …

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Bank of Japan (BOJ) to guide yield curve control with greater flexibility

by Walter Watson
Bank of Japan (BOJ) to guide yield curve control with greater flexibility

Japan’s central bank on Friday loosened its yield curve control, underscoring concerns about its protracted monetary easing on financial markets and the real economy. In a policy statement, the Bank …

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raises rates by 25 basis points

by Walter Watson
raises rates by 25 basis points

The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a new rate increase of a …

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Here’s what to expect from the Federal Reserve meeting Wednesday

by Walter Watson
Here’s what to expect from the Federal Reserve meeting Wednesday

WASHINGTON, DC – JUNE 21: Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, D.C. Powell testified on the Federal Reserve’s …

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A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point

by Walter Watson
A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point

With the Bank of Japan maintaining its ultra dovish stance of negative interest rates, the rate differentials between the U.S. and Japan’s central bank will persist, said Goldman Sachs economists. …

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