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Category: Central Banks

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Bank of England Governor Andrew Bailey is speaking on Friday

Posted onMay 9, 2025

On Thursday: BOE cuts bank rate by 25 bps to 4.25%, as expected BOE governor Bailey: Interest rates are not on auto-pilot BOE governor Bailey: …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2581 – Reuters estimate

Posted onMay 9, 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 …

Forex Short News
Central Banks, Forex Short News

Westpac forecast RBNZ rate cut of 25bp in May and 25bp cut in July

Posted onMay 8, 2025

Westpac forecast RBNZ rate cut of 25bp in May and 25bp cut in July NZD/USD barely changed, circa 0.5902. This article was written by Eamonn …

Forex Short News
Central Banks, Forex Short News

Bank of Canada highlights risks to the Canadian housing market

Posted onMay 8, 2025

The Bank of Canada is out with its latest Financial Stability report. It’s mostly a risk-highlighting exercise that has little impact on financial markets but …

Forex Short News
Central Banks, Forex Short News

BOE governor Bailey: Don’t know what to expect from UK-US trade deal for now

Posted onMay 8, 2025

Important to not just look at the trade impact But important to also look at how financial markets have reacted to trade developments I feel …

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Central Banks, Forex Short News

BOE governor Bailey: Interest rates are not on auto-pilot

Posted onMay 8, 2025

Disinflation in domestic prices, wage pressures is continuing Expect gradual easing of inflation pressure Overall impact of tariffs on inflation is still uncertain Following developments …

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Central Banks, Forex Short News

BOE cuts bank rate by 25 bps to 4.25%, as expected

Posted onMay 8, 2025

Prior 4.50% Bank rate vote 7-2-0 vs 8-0-1 expected A gradual and careful approach to further withdrawal of monetary policy restraint remains appropriate Statement details …

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Is the Bank of Japan policy board ‘split’ on when to hike rates again?

Posted onMay 8, 2025

I posted a summary of the Bank of Japan March meeting minutes here earlier: BoJ minutes: Bank will raise rates if economic and price projections …

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Central Banks, Forex Short News

BoJ Ueda: Mindful of impact of rising food prices on underlying inflation

Posted onMay 8, 2025

Bank of Japan Governor Ueda is answering questions in parliament: Uncertainties over rice and other food prices remain high, but prices likely to settle down …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY mid-point today at 7.2073 (vs. estimate at 7.2385)

Posted onMay 8, 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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