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Category: Central Banks

Forex Short News
Central Banks, Forex Short News

BOE’s Taylor: I think five rate cuts are needed in 2025

Posted onJuly 2, 2025

As a reminder though, Taylor is one of the more dovish members in the BOE and dissented against the decision last month here by voting …

Forex Short News
Central Banks, Forex Short News

BOE’s Taylor says don’t think bigger rate cuts are necessarily needed or desirable

Posted onJuly 2, 2025

Soft landing is at risk, UK economy is slowing down Starting to see cracks in the labour market Worried that inflation could undershoot target Everything …

Forex Short News
Central Banks, Forex Short News

European Central Bank President Lagarde will speak on Wednesday

Posted onJuly 2, 2025

After the big wheels of global central banks spoke Tuesday today’s events are lower key. Powell might have cut but for tariffs. Lagarde said CPI …

Central Banks
Central Banks

PBOC sets USD/ CNY mid-point today at 7.1546 (vs. estimate at 7.1623)

Posted onJuly 2, 2025

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). …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.1623 – Reuters estimate

Posted onJuly 2, 2025

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 …

Forex Short News
Central Banks, Forex Short News

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 …

Forex Short News
Central Banks, Forex Short News

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 …

Forex Short News
Central Banks, Forex Short News

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 …

Forex Short News
Central Banks, Forex Short News

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 …

Forex Short News
Central Banks, Forex Short News

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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