Reserve Bank of Australia warns supply shocks from Iran war could force tighter monetary policy

The post PBOC sets USD/CNY reference rate at 6.8077 vs. 6.8054 previous appeared on BitcoinEthereumNews.com. On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8077 compared to the previous day’s fix of 6.8054 and 6.8018 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese Communist Party (CCP) Committee Secretary, nominated by the Chairman of the State Council, has a key influence on the PBoC’s management and direction, not the governor. However, Mr. Pan Gongsheng currently holds both of these posts. Unlike the Western economies, t

The post RBA’s Hunter: Board will intervene as necessary to bring inflation back to target appeared on BitcoinEthereumNews.com. Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter said on Wednesday that the central bank will act as needed to bring inflation back to target, even as the recent oil shock has yet to produce a marked slowdown in economic activity. Key quotes The recent oil shock has led to falls in consumer and business confidence but there are so far few signs of a marked slowdown in activity. It is not always correct to look through supply shocks and that a period of low inflation and higher unemployment might be needed if inflation expectations start to drift up. Supply shocks create difficult trade-offs but do not lessen the importance of maintaining low and stable inflation. The board will continue to act as needed to ensure inflation returns to target and the labour market to sustainable full employment. Market reaction At press time, the AUD/USD pair trad

Global economic stability is threatened by potential supply shocks, influencing cautious monetary policies and impacting future rate hike expectations. The post Reserve Bank warns of future supply shocks amid Iran war energy crisis appeared first on Crypto Briefing.

Japan's softened policy language may stabilize markets by preserving BOJ's independence, but risks unclear signals affecting global liquidity. The post Japan may soften monetary policy language to avoid pressuring Bank of Japan appeared first on Crypto Briefing.

The post Vietnam: Supportive stance as inflation risks recede – DBS appeared on BitcoinEthereumNews.com. DBS Group Research economist Chua Han Teng expects the State Bank of Vietnam to keep its refinancing rate at 4.50% through end-2026. The report highlights a broadly stable Vietnamese Dong against the US Dollar, easing headline inflation, and strong GDP growth. DBS raises its 2026 growth forecast to 8.0% as supportive monetary policy is maintained. SBV seen holding rates to 2026 “The State Bank of Vietnam (SBV) kept its refinancing rate unchanged at 4.50% in 1H26, and we expect this steady stance to extend until the end of 2026.” “Although the Vietnamese dong has been hovering on the weaker end of its trading band against the US dollar in 2Q26, it has remained broadly stable with a slight appreciation bias, despite bouts of regional FX volatility driven by Middle East tensions and hawkish re-pricing of US Fed interest rate expectations.” “At the same time, headline inflation eased an

Rising inflation expectations could pressure the Fed to adjust monetary policy, impacting economic growth and consumer purchasing power. The post Federal Reserve Bank of New York survey shows rising inflation expectations in June 2026 appeared first on Crypto Briefing.

Rising inflation expectations could pressure monetary policy, impacting economic stability and consumer purchasing power in key sectors. The post Americans expect higher inflation driven by medical care, rent: Fed survey appeared first on Crypto Briefing.

Falling energy prices could ease inflation, potentially influencing the Fed's monetary policy towards rate cuts if trends align. The post Falling energy prices may reduce inflation in coming months, says Fed’s Williams appeared first on Crypto Briefing.