The timing and scale of future cuts is more uncertain We don’t think there is stress in gilt markets Global conditions are pushing up long-term …
Category: Central Banks
Prior 4.00% Bank rate vote [cut-unchanged-hike] 2-7-0 vs 2-7-0 expected (Dhingra, Taylor voted to cut by 25 bps) Underlying disinflation has generally continued, although with …
BofA notes that the BOE is widely expected to keep the bank rate unchanged today at 4.00%. While labour market conditions have softened, there’s no …
So, the Fed moved to cut interest rates by 25 bps yesterday. Let’s summarise the key parts of the decision and Fed chair Powell’s press …
The change in their forecast fits more with what the consensus is gearing towards now. As for next year, Nomura sees the Fed delivering 25 …
China’s central bank, the People’s Bank of China, left its key seven-day reverse repo rate unchanged at 1.40% on Thursday, signalling no urgency to ease …
Goldman Sachs Asset Management expects the Federal Reserve to extend its easing cycle with quarter-point cuts in both October and December, following Wednesday’s reduction. The …
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). …
The data from New Zealand was very disappointing indeed: New Zealand Q2 GDP -0.9% q/q (vs. -0.3% expected) -0.9% is three times worse than what …
Westpac now expects the Reserve Bank of New Zealand to step up its easing cycle, forecasting the Official Cash Rate will be lowered to 2.5% …