Current moderately restrictive policy rate in a good place to respond to economic developments Watching closely for signs in hard data of weaker activity Recent …
Category: Central Banks
China, EU discussed optimising market access Also discussed cooperation on sustainable finance, cross-border data flows, payment system development Both sides are continuing to exchange pleasantries …
Some part of April inflation represents lagged nature of data Fed is still very much holding its breath Right now is a time for the …
If you’re waiting on this, then it’s a bit of a dud. Here’s the full speech. It’s an awards ceremony so I’m not sure if …
Dollar is very important for the world financial system But the role of the euro will become stronger as a reserve currency over the next …
Current uncertainty will be the new “normal” Central banks have to get used to managing it Expect there to be new staff projections in June …
Worried that household inflation expectations have increased Need to see loss of pricing power by firms But goods price inflation is going up She’s turned …
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). …
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 …
The usual stuff from Trump: No Inflation, and Prices of Gasoline, Energy, Groceries, and practically everything else, are DOWN!!! THE FED must lower the RATE, …