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Category: Central Banks

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Fed’s Daly says workers are worried about inflation

Posted onMay 29, 2025

Mary Daly, President of the Federal Reserve Bank of San Francisco Labor market in solid shape Workers are worried about inflation Won’t get to 2% …

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Central Banks, Forex Short News

Fed’s Kugler Does not comment on the economy/monetary policy

Posted onMay 29, 2025

Fed’s Kugler did not comment on economic, monetary policy outlook. He DID say: Watching to better understand link between trade and market vulnerability Monitoring shifts …

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More Goolsbee: If court ruling on tariffs leads to more uncertainty, that is negative

Posted onMay 29, 2025

If court ruling on tariff leads to further extension of uncertainty, that would be more negative Administration could use other justifications to impose tariffs. This …

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BOE Bailey: Merit in seeking to increase the openness of our financial markets

Posted onMay 29, 2025

There is merit in seeking to increase the openness of our financial markets by reducing non-tariff barriers. Our jobs as central bankers are much harder …

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Fed’s Goolsbee: If tariffs are avoided by a deal or otherwise, could lead to rates lower

Posted onMay 29, 2025

Fed’s Goolsbee is out saying: If tariffs are avoided by a dealer or otherwise, could return to a situation where rates can come down. If …

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ECB policymaker Kazimir found guilty of corruption in latest court ruling

Posted onMay 29, 2025

For some background, this relates to his alleged offence back when he was finance minister during 2012 to 2019. He is said to have delivered …

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Federal Reserve speakers Thursday include Barkin, Goolsbee, Kugler, and Logan

Posted onMay 29, 2025

The times below are GMT/US Eastern time: 1230/0830 Federal Reserve Bank of Richmond President Thomas Barkin participates in a fireside chat before the Housing Partnership …

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PBOC sets USD/ CNY reference rate for today at 7.1907 (vs. estimate at 7.2033)

Posted onMay 29, 2025

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …

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Bank of Korea cuts its key interest rate by 25bp, as expected

Posted onMay 29, 2025

Bank of Korea cuts its base interest rate by 25bp, as expected. Cut to 2.5% from 2.75% Sees 2025 South Korea inflation at 1.9% 2025 …

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PBOC is expected to set the USD/CNY reference rate at 7.2033 – Reuters estimate

Posted onMay 29, 2025

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …

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