Why the Fed is Keeping Rates Too High, According to Governor Miran
Federal Reserve Governor Stephen I. Miran delivered a profoundly dovish assessment on inflation at Columbia University, arguing that the central bank’s current restrictive policy is based on "after-echoes" of past imbalances and statistical "phantom inflation."
RBNZ Governor Breman Draws a Line in the Sand: OCR Stays Put Despite Unexpected Market Tightening
Reserve Bank of New Zealand (RBNZ) Governor Anna Breman, in her first major monetary policy communication since taking office in December 2025, has sent a clear message of stability, affirming that the Official Cash Rate (OCR) is "likely to remain at its current level of 2.25 percent for some time."
The Dovish Cut, The Divided Vote: Fed Lowers Rates to 3.5%-3.75% as Employment Risks Mount
The Federal Open Market Committee (FOMC) concluded its December 2025 meeting by delivering a widely anticipated 1/4 percentage point (25 basis point) rate cut, moving the Federal Funds Rate target range to 3-1/2 to 3-3/4 percent.
The Hawk Speaks: ECB's Schnabel Signals Comfort with Rate Hike Bets, Boosting the Euro
European Central Bank (ECB) Executive Board member Isabel Schnabel, a known hawk, has rattled markets by stating she is "rather comfortable" with investor bets that the central bank's next move will be a rate hike, not a cut. Citing a resilient economy and stalled core inflation, her comments introduce significant upside risk to the EUR/USD currency pair and push back the prevailing market narrative of an inevitable easing cycle.