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Category: Central Banks

Central Banks
Central Banks

Trump Fed candidate Hassett stresses central bank independence from politics

Posted onSeptember 8, 2025

Kevin Hassett, head of the White House National Economic Council and on Trump’s shortlist for the next Fed chair, said the central bank must remain …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.1029 (vs. estimate at 7.1317)

Posted onSeptember 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). …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.1317 – Reuters estimate

Posted onSeptember 8, 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

UK pay settlements hit lowest since 2021 as hiring and wages weaken

Posted onSeptember 7, 2025

UK employers offered their lowest pay settlements since late 2021 in July, while hiring slowed further, according to new surveys. Bolding below is mine. Very …

Forex Short News
Central Banks, Forex Short News

SNB sets high bar for negative rates as Schlegel warns of side effects

Posted onSeptember 7, 2025

Swiss National Bank President Martin Schlegel said the bar is very high for reintroducing negative interest rates, given their harmful effects on savers and pension …

Forex Short News
Central Banks, Forex Short News

Japanese media reports that the ruling party leadership election could be in early October

Posted onSeptember 7, 2025

Japanese media reports that the ruling party leadership election could be in early October. Following the weekend news: Yen is off to a weak start …

Forex Short News
Central Banks, Forex Short News

China eyes offshore RMB stablecoin to accelerate yuan internationalization

Posted onSeptember 7, 2025

The sharp fall in the U.S. dollar during the first half of 2025 has prompted Chinese financial institutions to accelerate efforts to expand the global …

Forex Short News
Central Banks, Forex Short News

China adds gold for 10th month as bullion surges past $3,500 an ounce

Posted onSeptember 7, 2025

The People’s Bank of China boosted its gold reserves for a 10th straight month in August as it continues diversifying away from the US dollar. …

Forex Short News
Central Banks, Forex Short News

Weekend – Czech central bank signals longer restrictive policy to curb inflation risks

Posted onSeptember 7, 2025

Czech National Bank Deputy Governor Eva Zamrazilova said monetary policy will need to remain restrictive for longer to contain inflation risks. “We don’t expect high …

Forex Short News
Central Banks, Forex Short News

Newsquawk Week Ahead: US CPI, BLS revisions, ECB, OPEC, French Vote, China CPI, Japan GDP

Posted onSeptember 7, 2025

Mon: Japanese GDP (Q2), German Industrial Output (Jul), EZ Sentix Index (Sep), US Employment Trends (Aug), Chinese Trade Balance (Aug), French no-confidence vote Tue: UN …

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