NZD/JPY

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 ...

BOJ GOV UEDA: HARD TO PINPOINT EXACT LEVEL OF NEUTRAL RATE, WE WILL SCRUTINISE HOW JAPAN'S ECONOMY REACTS TO CHANGES TO SHORT-TERM INTEREST RATES

The Trump administration is proposing that tariffs of 10% or more be imposed on products from dozens of major trading partners following a probe into imports of goods allegedly made with forced labor. The report released early Wednesday by the U.S. Trade Representative said Canada, Mexico, Taiwan and the United Kingdom and some other countries would face ...

? JAPAN FINMIN KATAYAMA: PREPARED TO RESPOND APPROPRIATELY ON FOREX AS NEEDED ? JAPAN FINMIN KATAYAMA: WON'T COMMENT ON SPECIFIC FOREX LEVELS

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.

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. ...

Thank you, Jack, for that kind introduction. It is a great privilege to be here tonight with you, Ambassador Kennedy, and your family. And thank you to the JFK Library Foundation and the committee members for this honor. President Kennedy was an inspiring public servant who demonstrated compassion, grace, ingenuity, and courage during trying times. He was also a towering figure in my early life. In November 1963, I was a fifth grader at Blessed Sacrament School in Washington, D.C. That terrible afternoon, our teachers were suddenly called to the principal's office, only to return in tears. I remember that moment very clearly, and the dark days that followed. They made an indelible impression on me. I am one of the many whom President Kennedy inspired to serve the public. Sixty-two years on, it is worth remembering how fortunate we are to be Americans today, and to enjoy the fruits of 250 years of progress toward the Founders' timeless ideal that all of us are created equal. We inherit and hold in trust a nation built on the promise of freedom. We are blessed by the courage of previous generations who worked, sacrificed, and dreamed so that we could live in the strongest, most prosperous nation in the world. The United States has long been the leader of the world's freedom-seeking people—the indispensable nation. Other countries know us as a nation built on integrity, and that integrity must be maintained. President Kennedy upheld that tradition and resiste FORMER FED CHAIR JEROME POWELL WARNED THAT ALLOWING A PRESIDENT TO REMOVE FEDERAL RESERVE OFFICIALS OVER POLICY DISAGREEMENTS WOULD UNDERMINE THE FED’S INDEPENDENCE AND DESTROY ITS CREDIBILITY WITH THE PUBLIC.

Kevin Warsh chairs his first Fed meeting in June, but Jerome Powell may still make his presence felt. His board seat runs to early 2028, making him a potential swing vote. Meanwhile, questions are growing over whether Warsh will move to scrap the dot plot and reduce the Fed's balance sheet. A move analysts warn could add volatility and a risk premium at a ...

The lunchtime event was hosted by Grasshoppers Hawke’s Bay, an organisation representing a diverse network of farmers, growers, processors, and rural professionals across the region. Speaking to key themes from the May 2026 Monetary Policy Statement, Dr Breman discussed the Monetary Policy Committee’s decision to hold the OCR at 2.25 percent in the May 2026 MPS. “The global economic backdrop remains uncertain, with supply chain disruptions and higher input costs weighing on the outlook,” Dr Breman said. “Overall, New Zealand and our trading partners are likely to see weaker growth alongside higher near-term inflation in response to the Middle East conflict.” She said domestic conditions reflect subdued confidence and uneven performance across sectors with some business, such as those within the primary sector, still performing well while other sectors are struggling. RBNZ Gov Breman sees ongoing uncertainty around inflation. RBNZ Governor Breman says uncertainty in the global economy persists due to supply chain pressures and elevated input costs NZ Governor Breman: Middle East conflict is expected to weigh on growth while lifting near-term inflation in New Zealand and partner economies NZ GOVERNOR BREMAN SAYS INTEREST RATE HIKES MAY COME SOONER AND BE BIGGER THAN EARLIER GUIDANCE SUGGESTED ...

We are pleased to welcome all of you, distinguished speakers and guests, to the 2026 BOJIMES Conference. Thank you very much for your participation. The theme of this year’s conference is "Monetary Policy from New Perspectives." I am sure that supply shocks loom large in everyone’s mind. They are not a new phenomenon but at least have become more frequent. Whether a new perspective is truly needed, I leave it for debate — but revisiting past experience is, I think, an indispensable starting point. I do not have a new perspective to offer at this point. Instead, let me go through Japan’s experience with major energy shocks during the last five decades and offer some food for discussion. Since the 1970s, the global economy has been hit by significant spikes in energy prices, especially oil prices, as shown in Chart 1. There are five notable incidents: the first oil shock of 1973, the second oil shock of 1979, the oil price surge of the mid-2000s leading to the 2008 Great Financial Crisis, Russia's invasion of Ukraine in 2022, and the recent conflict in the Middle East. However, the response of Japan’s consumer price index (CPI) to oil price Just in | BoJ Governor Ueda warns that elevated inflation expectations and increasing wages heighten the risk of second-round effects on the economy. Just in | BoJ Governor Ueda: A significant shock may remain temporary if transmission channels remain inactive. Just in | BoJ Governor Ueda: Japan's oil shocks highlight challenges to the broader inflation framework, beyond just oil prices.