Group 1 - The Federal Reserve's current tightening policy is deemed "entirely appropriate" by the New York Fed President Williams, who anticipates that tariffs will have a greater impact on inflation in the coming months [1] - Williams expects tariffs to raise inflation rates by approximately one percentage point from the second half of this year until 2026, with a weaker dollar potentially exacerbating inflationary pressures [1] - Recent inflation data indicates that tariffs imposed by Trump on imported goods have started to increase prices for certain items, although overall consumer prices have decreased for five consecutive months due to moderate service cost increases [1] Group 2 - Williams predicts that the economic growth rate will decline to around 1% this year, while the unemployment rate is expected to rise to approximately 4.5% [2] - The importance of an independent central bank for national economic health is emphasized, with Williams stating that it leads to better outcomes in price and economic stability [2] - Despite a more than 8% depreciation of the dollar against a basket of developed market currencies this year, Williams reassures that the dollar's status as a reserve currency remains solid, supported by fundamental factors [2]

Core Viewpoint - The Central Bank of Peru has decided to maintain the benchmark interest rate at 4.50% [1] Group 1 - The decision to keep the interest rate unchanged reflects the bank's assessment of the current economic conditions [1] - The stability of the interest rate is aimed at supporting economic growth while managing inflation [1]

Core Viewpoint - The Bank of Korea has decided to maintain the benchmark interest rate at 2.5%, aligning with market expectations [1]. Group 1: Monetary Policy - In May, the Bank of Korea lowered the interest rate by 25 basis points to support economic growth amid weak domestic demand and uncertainties from U.S. tariffs [4]. - The next rate cut is anticipated to be postponed until October due to rising domestic housing prices and household debt [4]. - The central bank is focusing on financial stability, especially given the risks in the real estate market [4]. Group 2: Inflation and Economic Indicators - The inflation rate in June was reported at 2.2%, slightly above the expected 2.1%, with core inflation remaining stable at 2.0% for the second consecutive month [4]. - The growth in the Consumer Price Index (CPI) in June was primarily influenced by base effects, and a slowdown in CPI growth is expected in July if oil prices and foreign exchange trends remain stable [4]. Group 3: Market Reactions - Following the announcement to maintain the interest rate, the exchange rate of the U.S. dollar against the South Korean won showed little change [5]. - The KOSPI index experienced fluctuations, rising nearly 1% at one point [6].

Group 1 - The Bank of Korea has maintained the benchmark interest rate at 2.50%, aligning with market expectations [1]

Group 1 - The euro to dollar exchange rate has dropped to around 1.1705, while the pound has risen for the fourth consecutive trading day, surpassing the 1.3700 mark during the European session [1] - The US dollar has regained strength against the yen, breaking through the 147.00 level, and the Australian dollar is fluctuating above 0.6500 [1] - The New Zealand dollar is showing an upward trend, trading around 0.6050, and the US dollar has also strengthened against the Canadian dollar, climbing to approximately 1.3700 [1] Group 2 - President Trump stated that those who challenge the dollar will pay a price, emphasizing the dollar's dominance [2] - Trump also suggested that if Federal Reserve Chairman Powell misleads Congress, he should resign immediately and called for an interest rate cut [3] - According to the Wall Street Journal, National Economic Council Director Hassett is a strong contender for the next Federal Reserve Chairman, having met with Trump in June [3] Group 3 - Fitch Ratings indicated that US stablecoin legislation could address key credit risks and enhance usage [4] - The UK's Office for Budget Responsibility (OBR) projected that by the early 2070s, UK debt will exceed 270% of GDP [5] - The Hong Kong Monetary Authority provided liquidity of 46.7 billion HKD to banks through the discount window [6] - The Bank of Japan's committee member noted that the weighted median inflation remains below 2%, requiring careful examination of inflation stability in Japan's economy [6] - The Reserve Bank of New Zealand maintained its benchmark interest rate at 3.25%, aligning with market expectations, and indicated potential future rate cuts if mid-term inflation pressures ease [6] - A Reuters survey indicated that all 30 economists surveyed expect the Reserve Bank of Australia to lower the cash rate to 3.60% in August [6] Group 4 - The Thai Industrial Federation estimated that Thailand's exports have suffered losses of approximately 800 to 900 billion THB due to US tariff measures [7] - The Vietnamese Prime Minister stated that achieving a growth target of at least 8% by 2025 is a significant challenge [8] - The Bank of Thailand's meeting minutes suggested that monetary policy should remain accommodative to support economic development, with a low likelihood of a technical recession [8] Group 5 - Technical analysis for EUR/USD indicates resistance at the 2025 high of 1.1830, with support at the 55-day simple moving average at 1.1428 [9] - For AUD/USD, the Ichimoku Cloud analysis shows the pair testing the baseline, indicating potential short-term downside risk, although the overall trend remains unchanged [9] - GBP/USD is currently contesting the 2022 high of 1.3643, with support from the 21-day simple moving average at 1.3588 [10]

智通财经7月9日电，新西兰联储将基准利率维持在3.25%不变，符合市场预期。 ...

智通财经7月8日电，罗马尼亚央行维持基准利率在6.50%，符合市场预期。 ...

Core Viewpoint - The Reserve Bank of Australia (RBA) has decided to maintain the cash rate at 3.85%, following a series of rate hikes and subsequent cuts since May 2022 [1][2]. Group 1: Monetary Policy Decisions - The RBA has raised interest rates by a total of 425 basis points from May 2022 to November 2023, before cutting rates by 50 basis points in 2023 [1]. - The decision to keep the cash rate unchanged was made with a majority vote of 6 to 3 [1]. Group 2: Inflation and Economic Outlook - Inflation in Australia has significantly decreased since its peak in 2022, with the overall inflation rate falling to the midpoint of the target range of 2-3% in Q1 [2]. - The underlying inflation rate has also dropped to 2.9%, and the RBA anticipates that further rate cuts could bring it closer to the target midpoint [2]. - Recent CPI data suggests that inflation in Q2 may be slightly above expectations, prompting the RBA to wait for more information before making further decisions [2]. Group 3: Domestic Economic Conditions - While private demand appears to be recovering and household income is rising, some industries are struggling with weak demand and rising costs [3]. - The labor market remains tight, with labor supply constraints affecting business growth, and wage growth has decreased from peak levels [3]. - The RBA believes that inflation risks are balanced, but uncertainties in total demand and supply in the Australian economy warrant a cautious approach [3].

澳大利亚储备银行将基准利率维持在3.85%不变，市场预期为降息25个基点。澳储行表示，委员会对经 济前景仍持谨慎态度，特别是在总需求和总供给方面的不确定性加剧的情况下；可以再等待一些信息， 以确认通胀率有望在可持续的基础上达到2.5%。（新华财经） ...

Core Viewpoint - The Bank of Israel has maintained the benchmark interest rate at 4.5%, aligning with market expectations of 4.50% [1] Summary by Category - **Monetary Policy** - The decision to keep the interest rate steady at 4.5% reflects the central bank's approach to managing economic conditions [1] - **Market Expectations** - The market had anticipated the rate to remain at 4.50%, indicating stability in investor sentiment regarding monetary policy [1]