Central Banks

But can the public stomach higher inflation?

Whatever the case against the Fed might be, central bank autonomy underpins financial stability and economic growth by insulating monetary policy from a short-term political calculus. It places inflation control over electoral cycles, for example, and the US standoff is a reminder of why it matters.

The future bank executives expected isn’t coming to pass, Emir Phillips writes in a guest commentary.

The regulator initially sends a show cause notice to the entity concerned; if it is not satisfied by the response, a penalty follows. The fine also sends a message to the bank's board.

If Japan raises interest rates to halt the yen’s slide, liquidity will evaporate, upending stock and bond markets around the world.

Only one explanation for the surge makes sense. It will not reassure investors

Bond yields are rising even as central banks cut rates, a sign investors see global growth floundering. As bond markets chart their own course detached from policy signals, central banks should ask what these moves really mean for monetary policy and their own credibility.

Unexpected rate moves across Southeast Asia show how easily economists can be misled by central bank cues. Politics, currency pressures and shifting global trends are reshaping decisions—a reminder to treat guidance from the top with the scepticism it often deserves.