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Category: Central Banks

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Reserve Bank of New Zealand Shadow Board recommends 25bp interest rate cut this week

Posted onMay 25, 2025

The New Zealand Institute of Economic Research (NZIER) runs a ‘shadow board’ of analysts. The Shadow Board is independent of the RBNZ and does not …

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Federal Reserve Chair Powell spoke Sunday, didn’t comment on his economic, policy outlook

Posted onMay 25, 2025

Federal Reserve Chair Jerome Powell gave Baccalaureate remarks before the Princeton University Baccalaureate Ceremony. I gave the heads up for this speech on Friday but …

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Newsquawk Week Ahead: Nvidia earnings, FOMC Minutes, US PCE, RBNZ, Aussie CPI, OPEC JMMC

Posted onMay 24, 2025

Mon: US Holiday (Memorial Day), UK Holiday (Bank Holiday) Tue: NBH Policy Announcement; German GfK (Jun), French Prelim. CPI (May), EZ Consumer Confidence (May), US …

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Fed’s Cook: Seeing some signs of stress among low-moderate income households

Posted onMay 23, 2025

Fed’s Cook is out saying: Seeing some signs of stress among low – moderate income households Sufficiently large income shock could push up defaults, lead …

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Fed’s Musalem: GDP is close to potential

Posted onMay 23, 2025

Musalem: Inflation is stills above target Today’s world is very different from the pandemic, one in five chance at most that Fed Schmid: Will lean …

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Fed’s Musalem: Do not want short-term inflation expectations to bleed into longer term

Posted onMay 23, 2025

Musalem: Businesses expect higher prices for inputs and outputs, Fed is watching that carefully Business executives are trying to figure out how to manager uncertainty …

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Fed’s Goosbee: Businesses want some consistency in policy

Posted onMay 23, 2025

Companies want some consistency Leaders have to put pencils down because of so much change A 50% EU tariff is an order of magnitude different …

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PBOC sets USD/ CNY reference rate for today at 7.1919 (vs. estimate at 7.2151)

Posted onMay 23, 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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Federal Reserve Chair Powell is speaking on Sunday

Posted onMay 23, 2025

On Sunday at 1940 GMT / 1440 US Eastern time Federal Reserve Chair Jerome Powell gives Baccalaureate remarks before the Princeton University Baccalaureate Ceremony, in …

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PBOC is expected to set the USD/CNY reference rate at 7.2151 – Reuters estimate

Posted onMay 23, 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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