Monetary Policy
The Fed's July Dilemma: Sticky Inflation Meets a Weakening Jobs Market
The FOMC meets July 28-29, 2026, after holding the federal funds rate at 3.50%-3.75% at its June 17 meeting.
13 Jul
Monetary Policy
The Bank of Japan Just Raised Rates to a Level Not Seen Since 1995 — And Signaled It Isn't Done
The Bank of Japan raised its policy interest rate by 25 basis points to 1% on June 16, 2026, effective June 17 — the highest level since 1995.
12 Jul
Monetary Policy
The New Fed Chair's First Move: Five Outside Panels to Rethink How the Central Bank Thinks
On July 9, 2026, the Federal Reserve announced five task forces charged with reviewing how the central bank conducts monetary policy, each co-led by outside advisers working alongside Fed staff.
12 Jul
Monetary Policy
The ECB Just Raised Rates for the First Time in Three Years — Because a War, Not the Economy, Forced Its Hand
The ECB's Governing Council raised its three key rates by 25 basis points on June 11, 2026 — deposit facility to 2.25%, main refinancing to 2.40%, marginal lending to 2.65% — its first hike in three years.
11 Jul
Monetary Policy
New Fed Chair Draws a Line: No Rate Cuts Just to Please the White House
Speaking at the ECB's Sintra forum on July 1, new Federal Reserve Chair Kevin Warsh said the central bank would not tolerate inflation staying above its 2% target, pushing back on pressure from President Trump for near-term rate cuts.
4 Jul
Monetary Policy
The Race to Digitise Money: Where Central Bank Digital Currencies Stand in 2026
India's e-Rupee circulation grew 334% to about ₹10.16 billion by early 2025 — still a rounding error next to UPI's monthly transaction value.
2 Jul