Key Central Banks Hold on Rates

From Yahoo Finance: 2025-06-21 05:00:00

Central bankers in the US, UK, and Japan maintain interest rates amid trade tensions and geopolitical uncertainty. BoJ eases bond purchase reductions, BoE policymakers divided on rate hold. Global interest rates remain unchanged in Pakistan, Chile, Armenia, and more. FOMC predicts weaker growth and higher inflation for the US economy. US residential construction slows while luxury credit card spending remains strong.

Germany sees improved investor confidence despite US tariff fears. UK home prices drop sharply in April. BOJ keeps policy rate steady, plans to reduce bond purchases. China boosts retail sales with consumer stimulus but risks overwhelming authorities. Japan’s exports decline due to US tariffs, raising recession concerns. Iran’s enriched uranium stockpile location unverifiable due to military assault. Cubans now flock to Brazil instead of Miami amidst migration changes.

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