Keywords: Monetary policy


Bank of France governor François Villeroy de Galhau to step down in June

François Villeroy de Galhau, governor of the Bank of France, has announced that he will leave his post at the beginning of June, several years before the end of his mandate, in a move that has taken many observers by surprise. In a statement released by the French central bank, Villeroy de Galhau......

Gold prices dip below $5,000 after Fed official's cautious rate cut remarks

Gold prices fell sharply on Thursday, dropping below the $5,000 per ounce mark as a stronger US dollar and cautious signals from Federal Reserve officials dampened investor enthusiasm for the precious metal. Spot gold traded between $4,835 and $4,920 during the session, marking a decline of more than......

Turkish President Erdoğan appoints two deputy central bank governors

Turkish President Recep Tayyip Erdoğan has appointed two new deputy governors to the Central Bank of the Republic of Turkey, according to an announcement published in the Official Gazette on Tuesday. The appointments include Fatma Özkul, who previously served as a member of the bank's monetary......

Trump nominates Kevin Warsh to lead Federal Reserve

President Donald Trump has selected Kevin Warsh, a former Federal Reserve governor, to succeed Jerome Powell as chair of the U.S. central bank. The announcement, shared on Trump's Truth Social platform, underscores his belief that Warsh possesses exceptional qualifications and will rank among the......

Sterling surpasses 1.34 amid dollar's worst year since 2017

The British pound traded above 1.34 against the US dollar on Thursday, building on its strongest annual performance since 2017 as divergent central bank policies and growing doubts over the Federal Reserve's independence weighed heavily on the greenback. In early Asian trading on January 2, the......

Metals hit historic highs as gold and copper soar in 2025

Gold and copper concluded 2025 with record-breaking performances, marking significant annual gains driven by a combination of monetary policy shifts, soaring industrial demand, and geopolitical uncertainties. Gold surged over 64% this year, trading around $4,330 per ounce, reflecting its steepest annual......

Bank Al-Maghrib maintains interest rate at 2.25% amid low inflation and steady growth

Bank Al-Maghrib (BAM) has opted to keep its key interest rate at 2.25%, citing Morocco’s subdued inflation and firm economic growth as reasons for maintaining monetary stability. The decision was announced during the central bank’s final quarterly board meeting of 2025, held in Rabat. Low......

Morocco’s economic growth forecasted to reach 5% in 2025

Bank Al-Maghrib (BAM) has projected Morocco’s economic growth to hit 5% in 2025, driven by robust non-agricultural activity and a recovery in agriculture. The central bank presented this outlook during its final quarterly board meeting in Rabat. Growth is expected to remain solid in the medium......

Morocco’s banking liquidity deficit rises to MAD 144.6 billion in late October

The Moroccan banking system faced a deepening liquidity deficit during the final week of October, with the gap widening by 5.19% to reach MAD 144.6 billion, according to BMCE Global Research’s “Fixed Income Weekly” report. This increase reflects the cautious approach taken by Bank Al-Maghrib......