The Latest Breaking News from Monetary Policy

December S&P 500 E-Mini futures (ESZ24) are down -0.15%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.23% this morning as Treasury yields marched higher, while investors awaited crucial U.S. producer inflation data as well as the European Central Bank’s interest rate decision.

Sanjay Malhotra, in his new role, will oversee the bank's several functions, including monetary policy and ensuring economic stability in the country. Read further on Dynamite News:

December S&P 500 E-Mini futures (ESZ24) are down -0.10%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.14% this morning as investors looked ahead to the release of U.S. inflation data later in the week, which will be scrutinized by Federal Reserve officials before their final meeting this year.

China's top leaders have pledged to loosen monetary policy and provide more support for the slowing economy

Chinese President Xi Jinping and other top leaders said Monday they would adopt a more "relaxed" approach to monetary policy as they hashed out plans to boost the economy next year.

Federal Reserve Governor Adriana Kugler addresses inflation and labor market concerns, highlighting productivity gains and flexibility in monetary policy.

Unrelated to past cycles, global central banks are easing monetary policy despite strong economic growth, high asset prices, and elevated inflation, highlights Bob Elliott, the chief investment officer at Unlimited Funds. Elliott also presents the underlying data in a thread on X (formerly Twitter) that reiterates these conditions.

On Thursday night, after a whirlwind day in Canberra, the Senate finally passed the federal government’s long-delayed amendments to the Reserve Bank Act.

Long-stalled Reserve Bank reforms have finally got the go-ahead, allowing the formation of separate monetary policy and governance boards.