Central Banks
TSX futures rise ahead of Bank of Canada rate decision
Canadian benchmark index futures climb 0.2% as traders await Wednesday’s policy announcement amid steady inflation and geopolitical oil-price risks.
BOJ's Ueda skips Jackson Hole; Tamura to attend Fed gathering
Japan's central bank governor will miss the annual Fed symposium as focus shifts to the U.S. Treasury Secretary's remarks and next week's G20 finance talks in North Carolina.
German bond yields hit multi-year highs after hawkish Fed signals
Eurozone sovereign debt selloff accelerates after U.S. Treasury yields surge on remarks by Federal Reserve Governor Kevin Warsh. ECB rate decision looms.
German yields surge to multi-year peaks after Fed's Warsh signals hawkish stance
Germany's 10-year Bund yield climbs to 12-year high as money markets price near-60% chance of a September U.S. rate hike. ECB decision looms amid rising inflation pressures.
Fed’s Warsh signals hawkish tilt on inflation but leaves rate path unclear
Investors welcomed clearer inflation guidance from Federal Reserve Chair Kevin Warsh, yet uncertainty persists over the timing and scale of potential rate hikes. Treasury yields and dollar gains reflect shifting expectations.
Tokenized deposits may raise U.S. credit costs, Dallas Fed economists warn
Research from Dallas Fed economists suggests programmable deposit tokens could destabilize bank funding, increasing borrowing costs for households and businesses. Banks are already building shared networks to support the technology.
Barclays expects two more Fed rate hikes this year
Barclays projects two additional Federal Reserve rate increases in 2024 following a speech by Fed Governor Christopher J. Warsh.
U.S. Treasury's Bessent dismisses bond market turmoil concerns
Secretary Bessent says longer-dated debt buybacks aim to curb volatility, not distort markets, as 30-year borrowing costs hit 19-year highs.
U.S. judge rebukes postal service over mail-voting rule but declines to block it
Federal judge in Boston finds USPS violated court order with new mail-in voting requirements, but defers immediate suspension as agency says it cannot implement the changes while her injunction stands.
BOJ seen accelerating tightening with 1.25% rate hike in September: poll
A Reuters survey of economists shows 57% expect the Bank of Japan to raise its key rate next month to 1.25%, up from 1% in June, as yen pressure and inflation concerns mount.
Brazil DI rates end little changed after IPCA-15, U.S. data
Brazilian interest rate swaps for 2028 and 2035 ended flat to slightly lower as inflation data and U.S. yields offset modestly. IPCA-15 surprised to the downside while core services firmed.
Brazil DI rates fall as U.S. yields, oil decline
Brazilian interbank deposit rates eased Tuesday as U.S. 10-year Treasury yields and Brent crude retreated, while Copom rate-cut expectations firmed. DI Jan-2028 fell 8 bps to 13.80%.
Mexico's central bank lifts 2026 growth forecast, extends inflation target timeline
Banxico raises its 2026 GDP growth outlook to 1.5% from 1.1% while pushing back the timeline for headline inflation to hit its 3% target to Q4 2027. Core inflation forecast for Q4 2026 adjusted to 3.5%.
ECB seen raising rates in September as Iran war fuels inflation risks
Central bank officials plan a 25-basis-point hike to 2.50% next month, citing energy price pressures from the Middle East conflict and resilient economic activity.
U.A.E. to Review Banque Misr Over Iran Sanctions Allegations
The U.A.E. central bank will examine Banque Misr’s branches following U.S. Treasury accusations of Iran-related activities.
ECB seen hiking rates in September without forward guidance
Central bank expected to raise deposit rate to 2.50% next month as inflation nears 3%, but policymakers unlikely to signal additional tightening. Next week’s data release may influence decision.
ECB poised to hike rates in September as Iran war stokes inflation risks
European Central Bank expected to lift borrowing costs to 2.50% next month amid energy price pressures tied to regional conflicts. Inflation remains near 3%, while policymakers signal limited scope for further tightening.
Euro yields rebound after Schnabel warns on inflation fight
German two-year Bund yield rises to two-week high as ECB policymaker signals further rate hikes may be needed. U.S. Treasury yields also climb ahead of Jackson Hole symposium.
Bank of Korea lifts rates by 25 bps to 3.0% in second straight hike
South Korea’s central bank raised its key rate to the highest since early 2025 as demand-driven inflation persisted. Only one more 25 bps increase is expected by 2027.
Brazil raises floating-rate debt share forecast to record high
Treasury revises annual financing plan, lifting floating-rate debt projection to 49%-53% of total as borrowing costs remain elevated. Gross debt reaches 81.9% of GDP.
Boston Fed's Collins signals possible rate hike if inflation stalls
Fed policymaker warns rates may need to rise soon if upcoming data fails to show sustained disinflation, as core PCE inflation holds near 3.3% annually.
Brazil’s election rivals clash over fixing long-term borrowing costs
Presidential rivals propose opposing strategies to lower Brazil’s 7.5% real interest rates amid rising debt levels. Lula’s camp favors bond buybacks, while the opposition insists on spending cuts.
Four regional Fed boards pushed for July rate hike, minutes show
Dallas, Cleveland, Minneapolis and Kansas City Fed directors voted to raise the primary credit rate by 25 basis points ahead of the July FOMC meeting, but were overruled in the central bank's 9-3 decision.
Brazil’s Lula and Flávio Bolsonaro camps split on tackling high long-term rates
Divergent policy proposals from President Lula’s campaign and Flávio Bolsonaro’s team highlight competing strategies to reduce Brazil’s elevated real borrowing costs, amid rising debt levels.