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
Via a Standard Chartered not from last week ICYMI: Stan Chart has doubled its forecast for the Federal Reserve’s September meeting, now predicting a 50-basis-point …
Earlier: People’s Bank of China’s yuan strength set to fuel EM currency rally as Fed easing looms — People’s Bank of China USD/CNY reference rate …
In a note on Friday last week Deutsche Bank shifted its outlook, now expecting the Fed to deliver three 25-bps cuts this year, one at …
China’s willingness to let the yuan strengthen is reshaping sentiment across emerging markets, according to a Bloomberg summary. The yuan’s moves increasingly ripple through other …
President Trump made a last-ditch attempt on Sunday to persuade a U.S. appeals court to let him dismiss Federal Reserve Governor Lisa Cook ahead of …
President Trump made a last-ditch attempt on Sunday to persuade a U.S. appeals court to let him dismiss Federal Reserve Governor Lisa Cook ahead of …
Morgan Stanley (via a late week note, from Friday) now expects the Federal Reserve to cut interest rates at all three remaining meetings this year …
Mon: Chinese Activity Data (Aug) Tue: UK Jobs Report (Jul), Italian CPI Final (Aug), EZ Industrial Production (Jul), German ZEW Survey (Sep), US Retail Sales …
Blackrock’s Rick Rieder has evidently made the long list of Fed candidates and he impressed Scott Bessent, according to a Bloomberg report. I don’t think …