Central Banks

Peru’s central bank holds rates steady, sees no need for hikes
The Peruvian central bank maintained its benchmark rate at 6.25% as inflation remains within target and growth outlook stabilizes.

Uganda’s central bank keeps benchmark rate at 9.75% for eighth straight meeting
The Bank of Uganda maintained its key lending rate unchanged as inflation pressures eased slightly but remained above target, citing risks from global and domestic factors.

ECB: Cash still dominates payments in euro area
Survey finds physical currency remains the most widely used payment method despite digital shift, with 59% of transactions in 2025.

Euro zone bond yields fall as U.S. inflation cools in July
German 10-year Bund yield drops to two-week low as softer U.S. CPI data fuels bets on global rate cuts.

Euro zone bond yields dip after softer U.S. inflation data
German 10-year Bund yields fell below 2.5% as cooler-than-expected U.S. CPI reading boosted demand for core euro zone debt.

China’s central bank reaffirms loose monetary policy stance
PBOC signals continued support for growth amid economic headwinds, with no immediate shift in policy direction.

Citi expects Bank of Korea to raise rates amid inflation pressures
Analysts at Citi project a rate hike by the Bank of Korea as consumer prices remain elevated, with risks tilted toward tighter policy.

Swiss National Bank holds rates steady as inflation cools
The SNB maintained its policy rate at 1.25% on Thursday, citing stable inflation and economic resilience. No further guidance on future moves was provided.

Swiss National Bank holds rates steady after September review
The SNB left its key policy rate unchanged at 1.25% as inflation remains within target range, citing stable economic conditions.

Brazil’s central bank says inflation still driven by demand despite rate hikes
Monetary tightening has yet to fully curb price pressures, central bank survey shows demand remains primary inflation driver.

U.S. 10-year yield hits 2024 high as long bond demand weakens
Benchmark Treasury yield rises above 4.5% as investors reassess demand for long-duration debt amid shifting rate expectations.

German yields rise to Aug. 3 high on energy-driven inflation fears
Benchmark 10-year Bund yields hit their highest level since early August as surging energy prices fuel concerns over persistent inflation in Europe.

ECB Appoints Boris Kisselevsky as Director General Secretariat
The European Central Bank has named Boris Kisselevsky to the position of Director General Secretariat.

German factories revive, but ECB’s policy dilemma persists
A second month of stronger industrial output in Germany eases manufacturing worries, yet the European Central Bank still faces a tightrope between inflation control and growth support.

