Our Scans · (FS.1.02) Central Banking · Weekly Summary

• [New] CBDC may head off the threat to monetary sovereignty from stablecoins issued by global digital services companies like Facebook, which would threaten central banks' ability to conduct monetary policy. CEPR
• [New] The Federal Reserve is not going to issue a digital dollar. Plisio
• [New] The Federal Reserve may be forced to raise rates again as early as July to calm growing concerns from bond vigilantes, investors who are demanding higher yields due to rising inflation risks and expanding government debt. City Creek Mortgage
• [New] In developed economies, inflation is forecast to rise from 2.6% in 2025 to 2.9% in 2026, edging further above central bank targets in most cases. DESA Publications
• [New] The worsening economic outlook will make it difficult for the ECB to tighten monetary policy. investing.com
• [New] Economists raised their estimates for US inflation and said they expect only one Federal Reserve interest-rate cut in 2026 amid elevated energy costs sparked by the Iran war. financialpost
• [New] The strength of the US dollar is mainly being driven by global uncertainty, energy risks, central bank policy differences, and weaker growth outside the US. investing.com
• [New] Investors are increasingly considering the possibility that the Federal Reserve could take a more hawkish approach on interest rates. investing.com
• [New] The Bank of England has forecast three scenarios created by the impact of events in the Middle East and the closure of the Strait of Hormuz on energy prices. The Money Pages
• [New] The global macroeconomic environment is relevant, as monetary policy shifts in the US and Europe will impact capital flows and risk sentiment. Ainvest
• [New] Monetary Policy: If the Fed raises rates unexpectedly to combat energy inflation, non-yielding metals will face immediate selling pressure. Bingx Exchange
• [New] A major concern raised by the Bank of England Governor is the potential risk to financial stability if stablecoins continue expanding without consistent global oversight. MEXC
• [New] The Fed is now seen as unlikely to change its interest rate before 2028 and could even hike. / Iran DailyForex
• [New] The 2026-27 Federal Budget was delivered against a backdrop of geopolitical tensions, rising oil prices following conflict in Iran, stubborn inflation, three consecutive RBA interest rate hikes, and a prolonged period of poor productivity growth. The Retirement Advice Centre
• [New] Midweek, Indonesia's central bank is expected to hold rates steady, highlighting a cautious policy approach as global uncertainties mount. financialpost
• [New] At the same time, stronger than expected US economic data strengthened expectations that the Federal Reserve may keep interest rates higher for a longer period. investing.com
• [New] Bond markets are becoming increasingly worried that inflation will stay elevated for longer, shifting expectations toward the Federal Reserve keeping interest rates higher for longer, or possibly even raising them again. Mortgage News Daily
• [New] Investors are now balancing a significant 11% projected growth in industrial demand against a higher-for-longer U.S. interest rate environment that raises the opportunity cost of holding non-yielding bullion. Bingx Exchange
• [New] Interest rates are expected to remain unchanged despite an uptick in inflation data, as the Federal Reserve is expected to continue delaying rate cuts. / Iran investing.com
• [New] The Central Bank of the Republic of Turkey raised its year-end inflation forecast for 2026 to 26% from 18% in its second inflation report, citing mounting price pressures triggered by the Iran war and disruptions tied to energy markets around the Strait of Hormuz. Turkiye Today
• [New] Turkey's central bank on Thursday raised its end-2026 inflation target to 24% from 16%, acknowledging that inflation is no longer expected to fall as quickly as planned after energy and food price shocks from the war involving the United States, Israel and Iran. Turkish Minute
• [New] The British central bank is expected to leave rates unchanged at 4.75% at its meeting on Thursday and maintain its guidance that a gradual approach to removing policy restraint remains appropriate. CNBC

Last updated: 28 May 2026