U.S. Treasury Secretary Scott Bessent will launch a series of interviews on Friday as part of the search for the next Federal Reserve chair, according …
Category: Central Banks
The two data points of note today are the GDP numbers from Australia for Q2 and also the private-survey services PMI from China. Aussie economic …
Looking at recent data, we are more-or-less on the projected path from the last round of ECB projections In light of all the recent turmoil, …
But it is more true than not that another rate cut is coming Some risks to the economy are materialising The mix of comments lean …
Rates are already mildly accommodative Inflation risks are tilted to the upside Tariffs are on balance inflationary Less worried about exchange rate Global rate hikes …
Need to be wary of outlook and risks for next rate hike Difficult to pinpoint to level of underlying inflation Have to make a decision …
BOJ Deputy Governor Himino says Japan’s real interest rate remains very low Appropriate to continue raising rates in line with improvements in the economy and …
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). …
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 …
UBS says gold should also benefit from lower real rates and ongoing geopolitical risks. Lower interest rates typically benefit non-interest-bearing bullion. UBS: “our target remains …