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
South Korea’s central bank held interest rates steady at its just concluded meet today. at 2.5% as expected Bank of Korea concerned about financial stability …
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 …
Rabobank forecast EUR/USD to 1.2 in 12 months see a dip in the near term, 1 to 3 months warn that officials at the European …
Brazil plays a pivotal role in supplying the United States with essential commodities like coffee and orange juice. In 2023, Brazil accounted for approximately 35% …
Most participants saws some reduction in Fed funds rate this year ‘Some’ participants said the most-likely appropriate path would involve no rate cuts in 2025 …
Goldman Sachs expects today’s release of the June FOMC minutes to provide valuable insights into the split in the 2025 rate outlook and more detail …
The Atlanta Fed GDPNow model for 2Q growth comes in at 2.6% unchanged from the previous estimate. In their own words: The GDPNow model estimate …
The market is pricing in virtually no chance of a cut on July 24 but that rises to 42% for the September 11 meeting. and …
That considering shifts in international, domestic policy regimes are highly relevant for future inflation dynamics Orientation for monetary policy stance now is to make sure …