Japan's BOJ Independence Under Fire as PM Takaichi's Rate Stance Draws Political Heat 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 
RBA Rate Decision: Deputy Governor Signals Genuine Debate Ahead of March Meeting 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Even after several warnings over the possibility of rate hike in June or July, by Rosengren, Esther George, Williams, Dudley, Lockhart, Powell and Bullard, market participants are still a bit far from pricing it. As a matter of fact, hike expectations has slipped somewhat in last two days after sharp gains in days prior.
Just two days back market was pricing 30% probability of a hike in June and 58% probability in July.
As of now it is pricing just about 24% and 55%.
Hike expectations have shifted south in longer dated meeting too.
In September, market was pricing 65% chance of a hike and 67% for November. Both are down 2 percentage points.
However, hike expectations in December has gone up. 2 days back, market was pricing 34% chance of a second hike and now it is up 2%.
Today, FED chair Janet Yellen is scheduled to speak around 17:00 GMT. Market is focused on that and hawkish Yellen may lead to some more adjustments in expectations.
Dollar is up today but slipped back sharply in previous two against both emerging and developed countries' currency.
