EUR/AUD

As Kevin Warsh takes over as chair of the Federal Reserve, investors and financial media outlets are looking closely for any hints at how his appointment will impact monetary policy. One series of comments Warsh made while testifying to Congress back in April as a nominee has been getting more attention in recent weeks, following some high inflation ...

Key statistics: The Australian economy rose 0.3% in seasonally adjusted chain volume measures. • In nominal terms, GDP rose 0.6%. • The terms of trade rose 1.1%. • Household saving to income ratio fell to 6.2% from 7.0%. Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume measures is ...

Fed's Chair Warsh names two conservative policy veterans as interim advisers, Paul Winfree and Daniel Heil, who are to work as temporary contractors to support policy analysis and planning - WSJ citing Source. New: Kevin Warsh has tapped two outside associates as advisers—in as temporary contractors for now. Both are budget policy specialists, and one wrote the Fed chapter of Project 2025, which endorsed a radical restructuring of the central bank.

Euro area annual inflation is expected to be 3.2% in May 2026, up from 3.0% in April according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in May (10.9%, compared with 10.8% in April), followed by services (3.5%, ...

Panel Discussion : The Role of Central Banks in a New Digital Economy Moderator Robert M. Townsend , Elizabeth & James Killian Professor of Economics, Massachusetts Institute of Technology Panelists : Neel Kashkari , President and CEO, Federal Reserve Bank of Minneapolis Tuomas Välimäki , Member of the Board, Bank of Finland Dániel Palotai , Deputy ...

RBA board member Ian Harper: Persistent inflation is a genuine concern. Rising market measures of inflation expectations are concerning, according to RBA board member Ian Harper.

Bank of England policymaker Megan Greene and US Federal Reserve policymaker Christopher Waller split publicly on Sunday over whether stablecoins have a future, with Greene predicting that tokenised deposits will push them aside and Waller defending them as a harmless payment innovation. Sharing a panel in Dubrovnik, Croatia, the two exposed how far the ...

With North America hosting the largest-ever FIFA World Cup football (or soccer) tournament this summer, all three countries will naturally be rooting for the home team. But they are also hoping to capitalize on increased tourism, while containing costs related to security and infrastructure. Will their economies be triumphant? The 2026 edition of the ...

The increased use of stablecoins could reinforce the dollar's global dominance, undermine some nations' ability to set monetary policy and even diminish the role of the euro, European Central Bank board member Isabel Schnabel said on Monday. The use of stablecoins, a type of cryptocurrency pegged to ​certain assets and designed to maintain a stable value, ...

Former US Federal Reserve Chair Jerome Powell has warned against the politicisation of monetary policy amid President Donald Trump’s repeated attacks on the independence of the central bank. In a speech at an awards ceremony in Boston on Sunday, Powell said that the Fed had been undergoing a “stress test” like many other institutions in the Trump era. ...