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Central Banks

Mon, Aug 10, 2026 02:00 AM All times are UTC

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Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts

May 03, 2026 01:08 am UTC| Central Banks Economy

Chicago Federal Reserve President Austan Goolsbee has cautioned that recent inflation data presents a challenge for the U.S. central bank, reinforcing a cautious stance on potential interest rate cuts. Speaking in a recent...

ECB Holds the Line: Rates Stay Steady as Geopolitical Energy Risks Loom

Apr 30, 2026 14:36 pm UTC| Central Banks Insights & Views

The Governing Council of the European Central Bank (ECB) maintained its three benchmark interest rates unchanged today, April 30, 2026, thereby reaffirming its dedication to a moderate policy approach. The rate of the...

BoE Holds Firm: Unanimous 3.75% Vote as Middle East Energy Shocks Stall Rate Cuts

Apr 30, 2026 11:42 am UTC| Central Banks Insights & Views

The Monetary Policy Committee (MPC) of the Bank of England decided unanimously (9-0) today, April 30, 2026, to keep the Bank Rate at 3.75%. This choice shows a conservative approach as legislators deal with the...

ECB Interest Rate Standoff: Geopolitical Fog Clouds the Path to Easing

Apr 30, 2026 11:37 am UTC| Central Banks Insights & Views

Today, April 30, 2026, the European Central Bank (ECB) Governing Council is meeting with an official policy announcement planned for 13:15 GMT. Market players are readying for a hawkish hold, anticipating President...

Bank Rate Standoff: BoE Navigates Inflation Fog and Energy Volatility

Apr 30, 2026 08:44 am UTC| Central Banks Insights & Views

At 12:00 GMT today, April 30, 2026, the Bank of Englands Monetary Policy Committee (MPC) is expected to announce its much awaited interest rate decision. The Bank Rate has remained at 3.75% since December 2025 as...

Fed holds rates steady amid rising global uncertainty

Apr 29, 2026 22:11 pm UTC| Central Banks

The Federal Open Market Committee (FOMC) maintained the policy rate at 3.5%3.75% for a third consecutive meeting. Only minor changes were made to the accompanying statement.While the Committee continued to describe...

Bank of Canada holds rates steady at 2.25%

Apr 29, 2026 16:21 pm UTC| Central Banks

The Bank of Canada held its policy rate unchanged at 2.25%, where it has stood since October, citing no change in its growth forecast despite global shocks. While higher oil prices are shifting the composition of growth,...

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Economy

Japan Executives Warn Weak Yen and Currency Volatility Threaten Economy

Japanese business leaders are raising concerns about the economic risks of a persistently weak yen and sharp currency fluctuations, even as exporters continue to benefit from favorable exchange rates. The warnings follow a...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz kept supply concerns elevated, despite signs that Iran and Oman are nearing an agreement on new shipping lanes. Brent crude futures...

BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds

Bank of Japan policymakers are increasingly concerned about inflation pressures, with several officials suggesting that interest rate hikes may need to come faster than financial markets currently expect, according to a...

US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says

U.S. efforts to strengthen the Japanese yen may offer only temporary relief as Japans fiscal policies, wide interest-rate gap with the United States, and preference for a weaker currency continue to pressure the yen,...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Politics

Taiwan Tests Penghu Defense, Mobile Internet Limits in War Drills

Taiwans military conducted a simulated defense of the strategically important Penghu Islands on Monday as part of its annual Han Kuang military exercises, while authorities prepared to restrict mobile internet speeds in a...

Iran-Oman Hormuz Shipping Deal Nears Final Stage

Iran said Sunday that an agreement with Oman establishing new shipping lanes in the Strait of Hormuz is nearing completion, but Tehran stressed that the crucial waterway will remain closed until the United States meets...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...