Reuters is reporting that ECB sources are saying: Some ECB governors already see high chance of a June rate cut. Other governors still far from …
Category: Central Banks
Earlier Pres. Trump railed on Fed Chair Powell (aka Too Late Powell) on Truth Social saying Megan Messerly’s X post reports that Treasury Secretary Bessent …
Anna Paulson will be the next Philadelphia Fed Pres. She will replace Patrick Harker who has been the Philadelphia Fed Pres. since July 1, 2015. …
We’ll use whatever instrument is appropriate No one argued for a 50 basis point cut A number of governors a few weeks ago would have …
Most indicators point to inflation returning to target Inflation has declined Geopolitical tensions are a major source of uncertainty A strong euro could push down …
Monetary policy is well positioned, doesn’t see need to change rates any time soon Tariffs will drive up inflation this year and lower growth There …
Reuters is out with an ECB sources report already, noting that the decision to cut was unanimous. There are some dovish indications in the statement …
Prior decision Deposit facility rate 2.25% vs 2.25% expected Prior 2.50% Main refinancing rate 2.40% vs 2.40% expected Prior 2.65% Marginal lending facility 2.65% Prior …
Tariffs present a major challenge, uncertainty unseen for a long time in Japan Difficult to assess the impact of tariffs on the economy and prices …
Markets are nervous and uncertainty is heightening Still two weeks until next policy meeting, need to gauge factors including tariff discussions No comment on forex …