PBOC unswayed by US Fed as policy choices hinge on data at home

By Brand Post | September 23, 2025 |
PBOC unswayed by US Fed as policy choices hinge on data at home

The economy’s slower nominal growth also implies that the earnings of companies and individuals are increasing at a weaker rate with deflation becoming widespread [BEIJING] People’s Bank of China (PBOC) governor Pan Gongsheng said that any changes to monetary policy will be guided primarily by domestic factors, indicating moves made by the US Federal Reserve…

Read More

Hawkish RBNZ seen unswayed by signs of deepening economic slump

By Brand Post | July 7, 2024 |
Hawkish RBNZ seen unswayed by signs of deepening economic slump

NEW Zealand’s central bank will likely reiterate this week that interest rates need to stay high for a sustained period, even as households hunker down amid signs of a deepening economic downturn. The Reserve Bank of New Zealand (RBNZ) will keep the Official Cash Rate (OCR) at 5.5 per cent for an eighth straight meeting…

Read More