RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks 
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions 
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The Bank of Canada maintained its benchmark rate at 2.25%, in line with expectations, stating that its outlook for GDP and inflation has remained basically unchanged since October, albeit uncertainty continues to weigh on it. Trade tensions and tariffs are likely to hamper economic activity until the end of 2025, with growth forecast at 1.1% in 2026 and 1.5% in 2027.
The BoC expects inflation to ease further as temporary base effects from last year’s GST/HST holiday fade, allowing inflation to stay near the 2% target as excess supply offsets tariff-related cost pressures.
Policymakers said elevated uncertainty makes it difficult to predict the timing or direction of the next rate move, reinforcing a data-dependent approach. While the decision was widely expected, the Bank highlighted that geopolitical developments could impact the outlook in 2026.
