China has delivered its strongest signal in nearly three years that it wants to moderate the yuan’s appreciation, setting Wednesday’s daily reference rate sharply weaker …
Category: Central Banks
Earlier: Yuan nears 7 as US–China thaw lifts sentiment, but PBOC slows pace of appreciation The People’s Bank of China (PBOC), China’s central bank, is …
Earlier: Yuan nears 7 as US–China thaw lifts sentiment, but PBOC slows pace of appreciation — People’s Bank of China USD/CNY reference rate is due …
The yuan is edging toward the closely watched 7-per-dollar level, lifted by improving US–China relations and a softer dollar, though the speed of its rise …
Wall Street executives and major corporate insiders are making a final push to dissuade President Trump from appointing Kevin Hassett as the next Federal Reserve …
JPMorgan says the labour market will dominate Wall Street’s macro focus heading into 2026, with chief US economist Michael Feroli warning that the softening in …
Prior month 52.4 ISM non- Manufacturing PMI 52.6 vs 52.1 estimate Business activity 54.5 vs 54.3 last month. Employment 48.9 vs 48.2 last month. Best …
ECBs Lagarde is speaking: Growth in economic activity should benefit from increased household spending and a resilient, more inclusive labor market. Indicators of underlying inflation …
It would be counterproductive to seek to respond to near-term deviations that are solidly expected to be transitory A sufficiently large and persistent deviation from …
The WSJ reports that Trump has cancelled interviews with Fed Chair candidates after homing in on a pick. The Timiraos report said interviews were scheduled …