The Central Bank of Turkey has revised its inflation forecasts due to geopolitical instability and rising prices, opting not to publish forecast ranges. The new target for the end of 2026 is 24%, while expectations for the end of the current year are approaching 26%.
Credit Agricole expects the South African Reserve Bank to raise its key interest rate to 7.25% due to accelerating inflation and rising energy prices. While the country's economy remains resilient, a decision not to increase the rate could put additional pressure on the rand.
In 2026, Hungary's primary budget deficit is expected to increase compared to 2025, highlighting the importance of keeping the deficit under control. The central bank is maintaining its rate to contain inflationary risks.
The Bank of Thailand has kept its key interest rate at 1.00%, despite ongoing economic challenges and low inflationary pressure, in line with analysts' expectations.
Wall Street traders have ramped up deals linked to a possible Fed rate hike after hawkish signals from central bank officials. The likelihood of a rate increase this year has risen to 11%, despite ongoing discussions about a potential rate cut.
Experts believe that the Federal Reserve may keep current interest rates unchanged until the end of the year, with a particular focus on inflation. The economy is showing resilience and no downturn is expected.
The Central Bank of Pakistan has raised its key interest rate by 1 percentage point to 11.5% as part of measures to adjust monetary policy and curb inflation.
The Central Bank of the Philippines has raised its key interest rate by 0.25%, bringing it to 4.5%, in an effort to curb rising inflation despite concerns about slowing economic growth. The decision came as a surprise to some analysts.
Bank of America expects that the Central Bank of Turkey will keep the effective funding rate at 40% during the meeting on April 22. Economists do not anticipate any changes, but the possibility of a rate hike remains relevant amid ongoing inflation risks.
Bank of America has lowered its GDP growth forecast for the Dominican Republic to 3% for this year, citing a sluggish recovery in sectors outside of tourism and ongoing vulnerability to external factors.
Jerome Powell stated that he will continue to serve as the Chairman of the Federal Reserve after his term expires if a successor has not been confirmed by that time. This decision is in accordance with the law and the regulator's established practices.
The Czech National Bank has kept its key interest rate at 3.50%, emphasizing the importance of a tight monetary policy and its intention to closely monitor the economic situation before making further decisions.
President of the Federal Reserve Bank of St. Louis, Alberto Musalem, stated that the current monetary policy is balanced and aligns with the economic situation. In his opinion, replacing tariffs on an equivalent basis will not have a significant impact on the economy.
This year, Sweden is expected to see a significant decrease in inflation, aided by a temporary reduction in VAT on food products. Overall, economic indicators are in line with expectations, despite ongoing geopolitical uncertainty.
The Federal Reserve Bank of New York plans to purchase approximately $54.4 billion in bonds over the next month, including reinvestments and additional acquisitions to manage reserves. The operation schedule has been published as part of the Fed's regular reporting.
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