Monetary Policy
Fed Rate-Hike Bets Mount Before Inflation Data, Warsh Testimony
Bond traders ramped up bets that the Federal Reserve will raise interest rates later this month, ahead of a closely watched US inflation report and remarks from Fed Chair Kevin Warsh.
BOJ Lifts Rates to 1%: The End of Japan’s Ultra-Low-Rate Era?
The Bank of Japan has raised its policy rate to around 1.0%, with the decision approved by a 7–1 majority. The complementary deposit facility rate will also rise to 1.0%, while the basic loan rate increases to 1.25%. The new guideline takes effect from June 17,
Yen Short Bets Jump to Nine-Year High as Carry Trade Revives
Speculators are betting heavily against the yen, reviving the carry trade as a persistent interest rate gap with the US makes intervention risks seem manageable.
Reprint: The Latest EU Monetary Policy Decisions
ECB Raises Rates Again as Middle East War Rewrites Europe’s Inflation Outlook Brief Analysis The European Central Bank raised its three key interest rates by 25 basis points on 11 June 2026, saying the war in the Middle East is generating new inflation pressure and creating uncertainty around the
