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Category: Central Banks

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Bessent says he is certain the Federal Reserve will cut rates by September

Posted onJuly 1, 2025

Bessent was speaking in an interview with Fox: says ‘a little bewildering’ that tariffs wouldn’t push Fed towards a cut Asked if he thinks Powell …

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UK wage growth picks up, raising pressure on Bank of England over inflation outlook

Posted onJuly 1, 2025

Median UK pay awards rose to 3.4% in the three months to May, up from 3.2%, driven partly by April’s minimum wage hike. Info via …

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BoA Federal Reserve outlook: “The lack of progress on inflation raises the bar for cuts”

Posted onJuly 1, 2025

Federal Reserve Chair Jerome Powell indicated last week that policymakers are likely to stay on hold for now, waiting for clearer signs on how Trump’s …

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Powell might have cut but for tariffs. Lagarde said CPI target hit, Ueda says his not yet.

Posted onJuly 1, 2025

Greg had the summary of the main points made by the heads of the Federal Reserve European Central Bank Bank of England Bank of Japan …

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Timiraos: Does not see effort to set stage for a cut in July

Posted onJuly 1, 2025

Fed watcher from the Wall Street Journal, Nick Timiraos is tweeting that Fed Chair Powell dodged a questions on a July cut, but his comments …

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Atlanta Fed GDPNow growth estimate for Q2 2.5% versus 2.9% last

Posted onJuly 1, 2025

The Atlanta Fed GDPNow growth estimate for Q2 comes in at 2.5% vs 2.9% last. In their own words: The GDPNow model estimate for real …

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A summary of the comments from Central Bank Heads from the ECB Forum in Sintra Portugal

Posted onJuly 1, 2025

ECB President Christine Lagarde stated that the euro area has achieved its 2% inflation target, but emphasized the need to remain vigilant. She reiterated the …

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Watch Live: ECB SIntra Central Bank Panel. Powell: Fed will remain patient w/rates

Posted onJuly 1, 2025

To watch the Central Bank Policy Panel at the ECB summit: ECB Lagarde: We have reached our 2% target on inflation Need to continue to …

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ECB’s de Guindos: Possibility of undershooting 2% target is quite limited

Posted onJuly 1, 2025

Growth in Q2, Q3 will be close to zero EUR/USD at 1.17 is perfectly acceptable Even 1.20 is something we can overlook, but anything more …

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ECB’s Nagel: Policy is now in neutral zone

Posted onJuly 1, 2025

Inflation is currently in a stable phase But ECB cannot relax too much about rising inflation Just some token remarks there by Nagel. The ECB …

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