Bloomberg is reporting that Kevin Hassett is seen as the front runner for the Fed chair position. Earlier today Treasury Secretary Bessent said that 2nd …
Category: Central Banks
The Atlanta Fed GDPNow growth estimate for Q3 fell to 4.0% from 4.2% last. In their own words: The GDPNow model estimate for real GDP …
Hope jobs data will convince others on Fed to cut rates It’s hard to quantify impact of AI on the economy Unemployment rate rising because …
I’m a bit worried about services and food inflation Makhlouf has recently said that policy is in good place, which has been the core message …
Goldman Sachs has rolled forward its USD/CNY forecasts but kept its underlying view unchanged: the Chinese currency should gradually strengthen over the coming year. The …
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). …
The Bank of Korea is expected to keep its policy rate unchanged at 2.50% on November 27, according to a Reuters poll in which 32 …
I posted yesterday on Goldman Sachs expecting the Federal Reserve to begin cutting interest rates in December, with several more reductions through 2026 Goldman forecasts …
In a Wall Street Journal interview, Fed’s Daly supports a 25 basis point rate cut in December. Daly says she supports cutting rates at the …
ECB’s Nagel is speaking and says: Current level of the Euro at $1.16 is not a cause for concern. Food inflation remains stubborn. ECB keeps …