Monetary Policy
-
Federal Reserve Chairman Warsh: AI is the most profound economic transformation of my lifetime; the October and December FOMC meetings are crucial.
Federal Reserve Chairman Kevin Warsh stated at the IMF and World Bank Annual Meetings that artificial intelligence is the most profound economic transformation he has witnessed in his lifetime, and th
-
Fed Chair Warsh: AI is the "most consequential change" to the global economy in his lifetime, predicting positive effects but a "bumpy" path
US Federal Reserve Chair Kevin Warsh stated on Friday that AI technology represents the "most consequential change" to the global economy he has witnessed. He predicted its effects would be positive,
-
The Indian Rupee rebounded from historic lows after active intervention by the central bank, but pressure is mounting in the foreign exchange market.
The Indian Rupee rebounded from historic lows after active intervention by the central bank, but pressure is mounting in the foreign exchange market.
-
Traders are betting that the Reserve Bank of Australia's (RBA) rate-hiking cycle is nearing its end, with demand for a three-year government bond auction reaching its highest level since 2018.
Traders are betting that the Reserve Bank of Australia's (RBA) rate-hiking cycle is nearing its end, with demand for a three-year government bond auction reaching its highest level since 2018.
-
Cleveland Fed President Hammack warns: Worsening inflation expectations may force the Federal Reserve to adopt more aggressive monetary policy.
Cleveland Fed President Beth Hammack stated at a Goldman Sachs event in New York that if consumers and businesses begin to expect inflation to remain high, persistent price pressures could become more
-
Japan's Finance Minister Satsuki Katayama: G20 finance ministers and central bank governors expressed concern over yield and forex volatility, reiterating the currency intervention agreement
Japanese Finance Minister Satsuki Katayama stated that Thursday's G20 Finance Ministers and Central Bank Governors meeting in Bangkok reaffirmed their agreement on currency intervention. Katayama also
-
NY Fed plans to conduct approximately $14.6 billion in reinvestment purchases between Oct 15 and Nov 13
NY Fed plans to conduct approximately $14.6 billion in reinvestment purchases between Oct 15 and Nov 13
-
According to Nick Timiraos: Wednesday's unexpectedly strong inflation report elevates the importance of Federal Reserve Chairman Warsh's speech at the IMF meeting in Bangkok.
According to Nick Timiraos, Wednesday's unexpectedly strong inflation report has elevated the importance of Federal Reserve Chairman Warsh's speech at the IMF meeting in Bangkok. This will be the last
-
Polish central bank MPC member Litwiniuk stated that the zloty exchange rate remains "strong" despite recent weakening.
Przemyslaw Litwiniuk, a member of the Polish central bank's Monetary Policy Council (MPC), stated that despite some weakening in recent months, the Polish zloty exchange rate remains at a "strong" lev
-
India's Importers Drawn Into RBI Currency Fight as Central Bank Expands Rupee Shore-Up Efforts From Financial Markets to Economy
India's Importers Drawn Into RBI Currency Fight as Central Bank Expands Rupee Shore-Up Efforts From Financial Markets to Economy
-
Singapore's Q3 GDP grew by 5.4%, lower than the previous quarter's four-year high but above expectations.
Singapore's Q3 GDP grew 5.4% year-on-year, lower than the four-year high set in the previous quarter but exceeding the 5% expected by economists polled by Reuters. The Monetary Authority of Singapore
-
Bank of Japan: M2 money stock growth flat at 2.0% YoY in September; broad liquidity growth slows to 4.3%.
Bank of Japan: M2 money stock growth flat at 2.0% YoY in September; broad liquidity growth slows to 4.3%.
-
Economists expect the US September CPI to accelerate to 0.6% month-on-month and rise by 3.6% year-on-year.
Economists expect the US Consumer Price Index (CPI) to rise by 0.6% month-over-month in September and 3.6% year-over-year, indicating an accelerating pace of price growth and further deviation from th
-
Cleveland Fed President Hammack: Investors are more focused on "what the Federal Reserve will do" rather than "what it should do."
Cleveland Fed President Beth Hammack stated that investors trade more on what they think the Federal Reserve "will do" rather than what it "should do." She believes this view contradicts Kevin Warsh's
-
Federal Reserve Governor Waller: Rising yields are curbing demand by tightening financial conditions, acting as a partial tightening.
Federal Reserve Governor Christopher Waller said on Tuesday at the Bloomberg New Economy Forum summit in New Delhi that the sustained rise in long-term U.S. government bond yields is "doing some of th
-
India's central bank has relaunched its "currency defense battle," directly supplying foreign exchange to oil majors and cutting speculative forex purchases by 95% starting October 12.
The Reserve Bank of India (RBI) introduced a package of rupee defense measures over the weekend, effective October 12, 2026. It will open a special window to directly provide foreign exchange to three
-
Fed voter Hammack: Inflationary pressures are broad, interest rates should be adjusted in smaller increments more quickly and frequently.
Cleveland Federal Reserve President Loretta Mester, a voting member this year, stated on Monday that to prevent high inflation from becoming entrenched, the Federal Reserve should consider making smal
-
South Korean bond rally seen faltering on rate hike expectations
Strategists say a rally in South Korean bonds may prove fleeting as government measures to quell volatility fade and expectations of further monetary policy tightening build.
-
Treasury Secretary Bessent hires Judy Shelton as adviser on currency policy, with a focus on China
U.S. Treasury Secretary Scott Bessent has appointed Judy Shelton as a counselor to advise him on currency policy, with a particular focus on evaluating financial conditions in China. Shelton's controv
-
French Finance Minister Lescure Dismisses Bond Market Crisis, Citing Global Repricing of Expectations
French Finance Minister Roland Lescure stated that France's bond market is functioning normally, despite a sharp rise in borrowing costs. He argued that the selloff reflects a global repricing of infl
-
The Federal Reserve's last meeting minutes will be released on Wednesday.
The Federal Reserve's latest meeting minutes are set to be released on Wednesday, with the market focusing on their guidance for the future policy path.
-
US Treasury yields broadly flat as investors await FOMC minutes
US Treasury yields were broadly flat on Tuesday morning, with the benchmark 10-year yield trading below 5.302%, after reaching fresh highs on Monday. Investors are anticipating the release of minutes
-
French-German bond yield spread surges to new high since European debt crisis, ECB faces dilemma in market rescue.
The European Central Bank (ECB) faces a difficult choice as the spread between French and German 10-year government bonds surged to approximately 150 basis points, a new high since the 2012 Eurozone d
-
Arthur Hayes Says Money Printing May Drive Up Crypto Prices; CONNECT Seoul Conference Explores Wall Street's On-Chain Strategies
Arthur Hayes stated that money printing could drive up cryptocurrency prices; speakers at the CONNECT Seoul conference discussed Wall Street's competitive advantages in the on-chain space.
-
Dallas Fed President Logan supported this week's Federal Reserve decision but still believes two more rate hikes are needed.
Dallas Federal Reserve President Lorie Logan expressed support for the Fed's decision to maintain interest rates this week, but she continues to believe the Federal Reserve still needs to raise rates
-
St. Louis Fed President Musalem: Judged it necessary to further tighten monetary policy "soon," otherwise inflation could be too high unless the Federal Reserve raises rates further.
St. Louis Fed President Alberto Musalem stated that he judges it necessary to "soon" further tighten monetary policy. He outlined two inflation scenarios, with the one he considers more likely being:
-
The Bank of Japan (BOJ) announced an update to its Japanese Government Bond (JGB) purchase plan for the October-December 2026 quarter, covering monthly purchase amounts for JGBs across various maturities.
The Bank of Japan (BOJ) announced its updated Japanese government bond (JGB) purchase plan for the October-December 2026 quarter, detailing monthly purchase amounts across various maturities. Specific
-
Federal Reserve Chairman Kevin Warsh’s plan to reduce annual interest-rate decisions raises investor concerns about increased volatility in the $32 trillion Treasury market.
Federal Reserve Chairman Kevin Warsh’s plan to reduce annual interest-rate decisions raises investor concerns about increased volatility in the $32 trillion Treasury market.
-
The European Central Bank (ECB) kept its three key interest rates unchanged. Lagarde stated that rising energy prices pose an upside risk to inflation and that the ECB is not pre-committing to a specific interest rate path.
The European Central Bank (ECB) kept its three key interest rates unchanged, with Christine Lagarde stating that rising energy prices pose upside risks to inflation and that the ECB is not pre-committ
-
The Federal Reserve will reduce the number of monetary policy meetings from eight to seven next year, breaking with decades of tradition.
The Federal Reserve has voted to maintain interest rates, despite rising inflation. Additionally, the Federal Reserve will reduce the number of monetary policy meetings next year from eight to seven,
-
Bond investor Jeff Gundlach: The Federal Reserve should raise interest rates by 50 basis points in September, concerned that inflation is not being taken seriously enough.
DoubleLine founder Jeff Gundlach stated that the Federal Reserve should raise interest rates by 50 basis points at its September meeting, rather than gradually, after the Fed's decision on Wednesday t
-
Federal Reserve Chairman Warsh: The Federal Reserve has decided to adjust the FOMC meeting schedule in the fall of next year, with 6 policy-setting meetings expected in 2028.
Federal Reserve Chairman Warsh stated that the Federal Reserve has decided to adjust the FOMC meeting schedule next autumn. There will still be 8 meetings annually, but one of these meetings will not
-
Federal Reserve Chairman Warsh: The Federal Reserve will have one meeting in 2027 without a monetary policy vote, and two meetings in 2028 focused on policy strategy.
Federal Reserve Chairman Warsh stated that the Federal Reserve plans to hold 8 meetings in 2027, but one of them will not involve a vote on monetary policy settings, focusing instead on strategy. In 2
-
Fed's Warsh: We have clearly articulated our readiness to act and demonstrated our willingness to do so.
Fed's Warsh: We have clearly articulated our readiness to act and demonstrated our willingness to do so.
-
U.S. Treasury yields rose ahead of the Federal Reserve's interest rate decision later today, with yields moving higher during Wednesday's Asian trading session.
U.S. Treasury yields rose ahead of the Federal Reserve's interest rate decision later today, with yields moving higher during Wednesday's Asian trading session.
-
Asia's central banks are blindsiding markets with their rate calls, a trend expected to continue.
Asia's central banks are blindsiding markets with their rate calls, a trend expected to continue.
-
Japan's Services Producer Price Index Annual Inflation Rose to 3.7% in September
Japan's Services Producer Price Index (SPPI) annual inflation rate rose to 3.7% in September, but the slowdown in price growth for labor-intensive services and the stable inflation rate excluding inte
-
A measure of underlying inflation in Japan surged to a three-year high
A measure of underlying inflation in Japan surged to a three-year high, with consumer prices excluding fresh food and special factors rising 3.2% year-on-year in September, accelerating from 2.6% in t
-
wrote in Securities Times that DR001 has become the target interest rate for the People's Bank of China's monetary policy adjustments
Lou Feipeng, a researcher at Postal Savings Bank of China, wrote in Securities Times that DR001 has become the target interest rate for the People's Bank of China's monetary policy adjustments. The Pe
-
broader price increases could slow the pace of inflation returning to target and lead to monetary policy remaining tighter for longer
Fitch Ratings' Head of US Economics stated that the breadth of US inflation had expanded before the recent acceleration in headline inflation, indicating that the rise in inflation was not solely due
-
South Korean brokerages are warning of further downside in the Kospi as foreign selling and weakening trading activity weigh on stocks
South Korean brokerages are warning of further downside in the Kospi as foreign selling and weakening trading activity weigh on stocks. Korea Investment & Securities has identified 5,200 as a potentia
-
Investors in US and European banks' riskiest debt (AT1s) are demanding more compensation on new deals as the easy-money run fades.
Investors in US and European banks' riskiest debt (AT1s) are demanding more compensation on new deals as the easy-money run fades.
-
The Bank of Japan (BOJ) may officially declare it has achieved its 2% inflation target at next week's meeting, signaling an exit from its "anti-deflation mode."
According to Kyodo News, the Bank of Japan (BOJ) will hold its monetary policy meeting from October 29 to 30, where it will make an official judgment on whether the inflation rate has reached its long
-
ECB official Philip R. Lane: Enhance the EUREP international liquidity tool to support monetary policy transmission in the Euro area.
Philip R. Lane, Member of the Executive Board of the European Central Bank, stated that the ECB has enhanced its international liquidity tool, the Eurosystem Repo Facility for central banks (EUREP), t
-
Analysts point out that the People's Bank of China (PBOC) may be entering a multi-month transition period to shift towards an overnight policy rate as its benchmark. This would necessitate more frequent use of new candidate benchmark tools for liquidity operations to test market reactions.
Analysts point out that the People's Bank of China (PBOC) may be entering a multi-month transition period to shift towards an overnight policy rate as its benchmark. This would necessitate more freque
-
China's October LPR quotes are out: the 1-year LPR remains at 3.0%, and the over-5-year LPR at 3.5%, both unchanged for 17 consecutive months.
China's October LPR quotes are out: the 1-year LPR remains at 3.0%, and the over-5-year LPR at 3.5%, both unchanged for 17 consecutive months.
-
China's central bank signals that the overnight reverse repo rate will replace the seven-day rate as its main policy benchmark, further aligning with global peers.
China's central bank signals that the overnight reverse repo rate will replace the seven-day rate as its main policy benchmark, further aligning with global peers.
-
Federal Reserve Chairman Warsh: AI will "fundamentally change the implementation of monetary policy" by improving forecasting.
Former Federal Reserve Governor Kevin Warsh stated that artificial intelligence will "fundamentally change the conduct of monetary policy" by improving forecasting. He noted that the Federal Reserve c
-
The Impact of Central Bank Digital Currencies on Monetary Policy: Global Progress and In-depth Analysis
Central Bank Digital Currencies (CBDCs), as digital fiat money issued by central banks, are profoundly reshaping the global monetary policy landscape. This article will delve into how CBDCs function by strengthening transmission mechanisms, influencing financial stability, enhancing the precision of policy tools, and reshaping the international monetary system. We will examine the latest developments in projects such as China's Digital Yuan, Europe's Digital Euro, and the mBridge, analyzing the perspectives and design considerations of various parties regarding CBDCs to help readers fully understand their potential impact.
-
Money Supply and Inflation: Understanding Their Complex Relationship
There is a close link between money supply and inflation, with the quantity theory of money being the core theory explaining this relationship. However, as financial markets develop and economic structures change, this relationship has become increasingly complex, not a simple linear transmission. Central banks manage the money supply through monetary policy to achieve goals such as price stability and economic growth, but the formation of inflation is influenced by a combination of multiple factors and requires a multi-dimensional examination.
-
Profound Impact and Current Status Analysis of Ethereum's Monetary Policy Post-Merge
The Merge, Ethereum's transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS), and the implementation of EIP-1559 have revolutionized ETH's monetary policy. Daily new issuance has been drastically reduced by approximately 88%, and the annualized inflation rate has significantly decreased. Although recent data shows a slight increase in Ethereum's supply, its overall scarcity narrative has been strengthened, and the liquidity issue of staked ETH has been resolved, making it a more efficient and environmentally friendly blockchain network.
-
Why is Bitcoin thriving but struggling to replace the US dollar?
Bitcoin has achieved significant growth and widespread acceptance globally, thanks to its decentralization, scarcity, censorship resistance, and its narrative as "digital gold" for value storage. However, its inherent drastic price volatility, transaction speed limitations, lack of universal fiat currency status, and governments' control over monetary policy make it difficult to become a stable everyday transaction medium and global reserve currency like the US dollar. Bitcoin and the US dollar each play different roles, and it is difficult for them to replace each other in the short term.
-
USDT (USDT) and Global Monetary Policy: Far-Reaching Implications for Traditional Financial Stability
As of July 2026, USDT (USDT)—the world’s largest stablecoin—had reached a market capitalization of approximately $184 billion and plays a central role in the crypto ecosystem. Its reserve composition has shifted significantly toward U.S. Treasury bonds, making it a major holder of U.S. government debt.This article will explore the latest developments regarding USDT in terms of reserve transparency and global regulatory compliance (such as the U.S. GENIUS Act and the EU’s MiCA), and provide an in-depth analysis of how its growing influence poses potential challenges to central banks’ monetary policy transmission mechanisms, the banking deposit base, and overall financial stability.
Monetary Policy
24H Trending
-
1
Coinbase is down 12.49% from its previous close, now trading at $140.540.
-
2
Chainalysis: Binance Hackers Deployed Unprecedented Money Laundering Tactics, Rapidly Converting $6.3 Billion in Stolen Funds
-
3
An Analysis of Potential Issues in the Operation of China's Digital Yuan
-
4
Current Status of Virtual Currency Trading Platforms and Interpretation of China's Regulatory Policies
-
5
Microsoft, Amazon, Google, and Meta are facing cash flow pressure due to AI investments, with Amazon and Alphabet shares falling sharply.
-
6
What is AAVE? An In-depth Analysis of Its Lending Protocol and Tokenomics
-
7
What is ELTCOIN? Project Positioning and Market Status
-
8
WNXM Token: Wrapped NXM Token Analysis and Market Status
-
9
StrongHands (SHND) Coin Analysis: Project Status, Market Performance, and Trading Risks
-
10
SuperVerse (SUPER) Issuance and Circulation: Total Supply, Unlocking, and Deflationary Mechanisms Explained
Markets Today
Recommended Reading










