Nomura’s Global Markets Research team said Fed Chair Jerome Powell’s dovish tone last Friday opens the door for further downside in the dollar against the …
Category: Central Banks
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). …
Pantheon Macroeconomics said Powell’s Friday remarks mark a clear change in tone from the Fed’s July minutes, which had stressed upside inflation risks. Powell now …
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 …
Goldman Sachs chief economist Jan Hatzius highlighted Fed Chair Jerome Powell’s cautious tone, noting Powell described the labor market as being in “a curious kind …
St. Louis Fed branch chief Musalem said more data is needed before deciding on a September rate cut, warning inflation remains closer to 3% than …
Italy’s Deputy PM Antonio Tajani urged the ECB to cut rates further and consider new QE to help European industry. He also called for easier …
Germany’s Bundesbank President (and European Central Bank Governing Council member) Nagel said the ECB faces a “high bar” for another rate cut, with inflation at …
Speaking on Saturday, Lagarde hailed Europe’s labor market for withstanding inflation and aggressive rate hikes, with jobs up 4.1% since 2021. She said disinflation has …
Latvian central bank governor, and therefore a Governing Council member of the European Central Bank, Martin Kazaks said policy is now in a “good place,” …