Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Citadel Warns High Treasury Yields Pose Broader Market Risks 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
Schott Pharma Stock Rises as Barclays Upgrades Rating on Growth Outlook 
Gold’s Bull Run Intact: Safe-Haven Bids Overpower Treasury Yield Pressure 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
Add as a preferred source on Google
European Central bank chose to keep policy unchanged, however pushed Euro down with its outlook and views. Euro is down from 1.123 against Dollar, before press conference to 1.115 as of now.
Key highlights
- Weaker recovery and slower increase in inflation than earlier expectations. According to ECB, more recently, downside risks have renewed to both growth and inflation.
- Governing council members are keeping close watch in financial market development, especially stability, lower commodities and oil price for its impact on price stability.
- Slowdown in emerging markets is being considered as considerable risk to Euro area growth and exports.
- Necessary balance sheet adjustment in some sectors remaining a drag to domestic demand as well as sluggish pace of structural reform.
- Stronger Euro have dampening effect of inflation as oil price is low.
Overall European Central Bank (ECB) policymakers stand ready to act if further downside risk to price stability materializes.
