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). …
Category: Central Banks
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 …
Japan data, overall household spending was higher than expected and notably higher than in June July household spending +1.7% m/m (expected +1.3%, prior -5.2%) July …
Federal Reserve Bank of Chicago President Austan Goolsbee participates in a moderated Q&A before an mHub Industry Disruptor Series event, in Chicago. Labor market might …
JPMorgan analysts say investor positioning across asset classes is increasingly shaped by concerns over threats to Federal Reserve independence. JPM reviewed recent market reactions to …
Declines to comment if market pricing for a Sept cut (95%) is correct Good to see tariffs not thus far driving persistent inflation It may …
Bond market more focused on economic fundamentals right now Bond market is relatively calm right now Fed needs to keep economy on track and allow …
It’s bizarre that Trump is completely politicizing the Fed over the pace of rate cuts. I don’t think there is anyone at the Fed who …
It’s not really surprising that Miran is following Trump’s talking points in his Fed nomination but I would like to see the argument for how …
That sound believable. Miran is also saying that he doesn’t plan to resign from the President’s Council of Economic Advisors but rather take a leave …