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Category: Central Banks

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PBOC sets USD/ CNY reference rate at 7.0572 (vs. estimate 7.0407)

Posted onDecember 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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PBOC is expected to set the USD/CNY reference rate at 7.0407 – Reuters estimate

Posted onDecember 22, 2025

The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …

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Westpac sees RBA holding firm through 2026 as inflation risks linger. Cuts seen in 2027.

Posted onDecember 21, 2025

Summary Westpac now expects the RBA to hold rates through all of 2026 Inflation is easing, but not fast enough to change the RBA’s stance …

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Fed’s Hammack pushes back on cuts, says inflation still too high

Posted onDecember 21, 2025

Summary: Cleveland Fed President Hammack favours holding rates steady for several months She is more concerned about inflation than labour-market weakness November CPI likely understated …

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ECB’s Lane on why the ECB is cutting into a sticky-inflation slowing economy

Posted onDecember 19, 2025

After months of easing, the Governing Council decided that 2.00% is the magic number—the “neutral” rate where they can sit back and let the economy …

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Fed’s Waller had ‘a strong interview’ but the market isn’t buying it

Posted onDecember 19, 2025

CNBC was earlier out with a report saying that the Fed’s Waller had a ‘strong interview’ for Fed chair. That begs the question: What does …

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Fed’s Williams: CPI data had some distortions, may have been pushed down a bit

Posted onDecember 19, 2025

Williams did a fairly big 180 in supporting a December rate cut and these are his first comments since the decision. Looking ahead, his comments …

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Central Banks, Forex Short News

ECB policymaker Rehn tries to keep the door open for rate cuts

Posted onDecember 19, 2025

Our next policy move is not automatically an interest rate hike Future decisions are to be made on a meeting-by-meeting basis Inflation risks are now …

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Interest rate expectations for the Fed remain the most dovish among major central banks

Posted onDecember 19, 2025

Rate cuts by year-end (2026) Fed: 61 bps (76% probability of no change at the upcoming meeting) BoE: 36 bps (90% probability of no change …

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BOJ governor Ueda says the possibility of further rate hikes will be data-dependent

Posted onDecember 19, 2025

Lower risks to inflation and growth triggered conditions for a rate hike today Underlying inflation is running above the 0% mark So far, market players …

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