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Category: Central Banks

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Wall Street Journal says Trump Is Laying the Groundwork to Blame Powell for Any Downturn

Posted onApril 22, 2025

The WSJ’s By Nick Timiraos with the article: Trump is signaling that he will blame the Federal Reserve for any economic weakness that results from …

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ECB policymakers Klaas Knot and Luis de Guindos speak Tuesday

Posted onApril 22, 2025

1030 GMT / 0630 US Eastern time: Dutch central bank head, and member of the European Central Bank Governing Council, Klaas Knot speaks at the …

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PBOC sets USD/ CNY reference rate for today at 7.2074 (vs. estimate at 7.2925)

Posted onApril 22, 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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JP Morgan on the Trump risk to Federal Reserve independence

Posted onApril 21, 2025

From analysts at JP Morgan on Trump’s attack on Federal Reserve Chair Powell: Any reduction in the independence of the Fed would add upside risks …

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ICYMI: Citigroup shifts Fed rate cut call to June, maintains 125 bps easing 2025 forecast

Posted onApril 21, 2025

Citigroup economists have pushed back their forecast for the Federal Reserve’s next interest rate cut to June, revising their previous expectation for a move in …

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Fed’s Goolsbee: We’ve got short-run inflation expectations up but not long-term

Posted onApril 21, 2025

I would like us to get a read on whether tariffs are hurting productivity Imported goods are only 11% of GDP so the impact of …

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PBOC leaves loan prime rate unchanged

Posted onApril 21, 2025

One-year rate at 3.10%, unchanged Five-year rate at 3.60%, unchanged This article was written by Adam Button at www.forexlive.com.

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Fed’s Daly: Cautiously optimistic on inflation path, maintains call for gradual cuts

Posted onApril 18, 2025

San Francisco Fed President Mary Daly made a rare Good Friday appearance for a moderated discussion on the economy and monetary policy outlook. She emphasized …

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BOJ governor Ueda: Will raise rates if forecast of underlying inflation materialises

Posted onApril 18, 2025

Will continue to guide policy from standpoint of sustainably achieving 2% inflation target Underlying inflation gradually accelerating due to wage hikes Will raise rates if …

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Trump has spoken with Kevin Warsh about taking over the Fed Chair – WSJ

Posted onApril 17, 2025

President Trump has for months privately discussed firing Federal Reserve Chair Jerome Powell, according to people familiar with the matter cited by the WSJ. Trump …

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