South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations 
Indian Government Bonds Seen Opening Steady Ahead of RBI Policy Decision 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
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.
