PBOC Scraps Forex Risk Reserve as Yuan Rally Pressures Chinese Exporters 
BOJ Governor Ueda Meets PM Takaichi as Markets Eye Possible Rate Hike 
Fed May Tighten Policy if Inflation Stalls Despite Weak Labor Market 
RBA Rate Decision: Deputy Governor Signals Genuine Debate Ahead of March Meeting 
RBA Signals Possible March Rate Hike as Energy Risks Threaten Inflation Outlook 
Bank of Japan Expected to Hold Rates at 0.75% Before June Hike Amid Middle East War Uncertainty 
Christine Lagarde Reportedly Set to Exit ECB Before End of Term 
Fed Minutes Signal Steady Interest Rates but Hint at Potential Rate Hikes if Inflation Persists 
RBA Raises Interest Rates to 3.85% as Inflation Pressures Persist 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
The Bank of Canada maintained its policy rate at 2.25%, in line with market forecasts. In its opening statement, the BoC stated that tariffs and persistent trade uncertainty continue to weigh on corporate investment, but that the economy has demonstrated considerable resilience. It also noted that hiring intentions remain low, despite recent improvements in labor market circumstances.
The Bank anticipates inflation to remain moderate in the coming months, but warns that there may be some short-term "choppiness" in inflation data. However, policymakers emphasized that such volatility is likely to be temporary, and that underlying inflation remained around 2.5%.
Importantly, the statement reiterated that if inflation and economic activity evolve broadly in line with the October projection, the Governing Council believes the current policy rate is roughly appropriate to keep inflation close to the 2% target while supporting the economy during a period of structural adjustment.
